"The American and British ruling circles have been engaged in a policy of military imperialism for several centuries. The American revolution was fought to bring the United States under new, non-British rulers, with the new regime sold to the public as a democracy. In 1979, the Standard Oil-backed Shah of Iran was thrown out by a British-backed coup and the long-time British asset, Ayatollah Khomeni, put into power.On Wednesday January 27, 1988, as announced in the Wall Street Journal, Standard Oil merged with British Petroleum. This actually represents Standard Oil's buyout of British Petroleum, the name of the newly merged company being BP-America.