No, not steamed rice, or fried rice, but Condi Rice. That’s right, Condi Rice’s total incompetence expands beyond her performance as Secretary of State and National Security Advisor – she was also incompetent in overseeing Chevron policy that should have prevented the company from sending kickbacks to Saddam Hussein as a part of the UN Oil-for-Food program.

Chevron, the second-largest American oil company, is preparing to acknowledge that it should have known kickbacks were being paid to Saddam Hussein on oil it bought from Iraq as part of a defunct United Nations program, according to investigators.

The admission is part of a settlement being negotiated with United States prosecutors and includes fines totaling $25 million to $30 million, according to the investigators, who declined to be identified because the settlement was not yet public.

The penalty, which is still being negotiated, would be the largest so far in the United States in connection with investigations of companies involved in the oil-for-food scandal.

According to the Volcker report, surcharges on Iraqi oil exports were introduced in August 2000 by the Iraqi state oil company, the State Oil Marketing Organization. At the time, Condoleezza Rice, now secretary of state, was a member of Chevron?s board and led its public policy committee, which oversaw areas of potential political concerns for the company.

Ms. Rice resigned from Chevron?s board on Jan. 16, 2001, after being named national security advisor by President Bush.

Sean McCormack, a State Department spokesman, referred inquires to Chevron.

As The Carpetbagger Report points out, Rice is either incompetent and was unaware, or she knew about the kickbacks. Up until now, I’ve assumed her horrid performance for the federal government has been an issue of incompetence, but given the growing list of fuck-ups… she can’t possibly be this worthless, can she? Which, of course, implies the more sinister alternative – she’s an evil bastard. Given the crowd she runs with, this isn’t entirely implausible.

At this point, I’m not sure which is worse.