Alan Greenspan claims Iraq war was really for oil

[cal04]

AMERICA’s elder statesman of finance, Alan Greenspan, has shaken the White House by declaring that the prime motive for the war in Iraq was oil.

In his long-awaited memoir, to be published tomorrow, Greenspan, a Republican whose 18-year tenure as head of the US Federal Reserve was widely admired, will also deliver a stinging critique of President George W Bush’s economic policies.

However, it is his view on the motive for the 2003 Iraq invasion that is likely to provoke the most controversy. “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil,” he says.

Greenspan, 81, is understood to believe that Saddam Hussein posed a threat to the security of oil supplies in the Middle East.

http://www.timesonline.co.uk/tol/news/world/article2461214.ece

Of the conflict in the Middle East, Greenspan said: ``I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.''
http://www.guardian.co.uk/worldlatest/story/0,,-6924682,00.html

[Vickers]

1. He has a keen eye for the obvious.

:eyes:

[babylonsister]

2. Now he's spewing; ka ching! nt

[BlooInBloo]

3. Thanks, but I'm a fluent speaker of Obvious.

[AntiFascist]

4. kick for the oblivious n/t

[HowHasItComeToThis]

5. AND NO BID CONTRACTS FOR WALL STREET

HOPE IT ALL FALLS DOWN MONDAY.

[emilyg]

6. What took him so long.?

[malaise]

7. Poor Andrea Mitchell

there go the invitations to the insider parties. She must be pissed.
Greenspan is late but his comments should provide great entertainment starting tomorrow.

Not a rat in sight these days. :rofl:

[smoogatz]

8. What's amazing is that royal lapdogs of the Washington press corpse

STILL let the Bush dictatorship get away with claiming some kind of nonsensical humanitarian motive for the invasion/occupation of Iraq. It was always about the oil, and it still is. We can't leave because if we leave someone else gets the oil. Just once, I'd like to hear a TV newsmodel blurt out the truth.

[eleny]

9. Remember when John McCain called him a genius?

It was back when McCain was running for president in 2000. When asked about Greenspan, McCain said he was a genius and that he would beg AG to stay on as Fed chairman if necessary.

I'd like to find that sound bite now.

[QueenOfCalifornia]

10. Okay, Meet Captain Obvious

My 7 year old knows the same thing. My chihuahua probably knows since she is with me when I buy gas and mutter under my breath. It seems that the only people who don't know this yet are the loyalists to the GOP, the people attending Jesus Camp and some troll guy who lives under a bridge someplace...

[porphyrian]

11. Duh. - n/t

[OnionPatch]

12. The bad part is that

so many conservatives think oil is a good reason to go to war, that fighting for oil is morally defensible. I'm betting Mr. Greenspan is among them.