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.
K - it is good to hear someone 'important' tell it like it is. So many Americans still believe that invading Iraq had something to do with 9/11 or the War on Terror. Or, that Saddam supported al Queda [he did not, Saddam hated al Queda and had driven them out of Iraq, or at least kept them hiding and useless].
Maybe we can't blame Americans for believing Saddam's Iraq had something to do with terrorism, Pres. Bush keeps saying so. [google it]
It may be true now that Iraq is at the centre of the the War on Terrorism, but only because Bush made it so by invading it. A million+ dead Iraqi civilians might not have wanted it that way...
related: Major Media are Propaganda Monkeys -
The NYT wrote a long article yesterday on Greenspan’s memoir – “Former Fed Chief Attacks Bush on Fiscal Role” – with ZERO mention of his comments on Iraq and oil.
I guess it is here, on the WWW, where we will have to sort out the reality from the lies.