Late last week, the oil cartel announced a cut of 1.5 million barrels per day. OPEC Secretary-General Abdalla Salem El-Badri justified the move by saying, “we have to bring the prices up,” to ensure profits during a global financial slump. The move will likely

exacerbate the current financial crisis that has roiled markets worldwide. Anne Korin in the Summer 2008 issue of inFOCUS notes that Islamist OPEC giants Saudi Arabia and Iran systematically work to cripple the U.S. economy. Robert Zubrin

Original post by Michael Sharnoff