Saturday, September 15, 2007

Blood-for-oil bandwagon



From the Times online:

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.

Britain and America have always insisted the war had nothing to do with oil. Bush said the aim was to disarm Iraq of weapons of mass destruction and end Saddam’s support for terrorism.Times online:

Whew! I'm glad somebody finally exposed THAT elephant in the room. Hey, Greenspan, love all that stuff you did with economics and how you're probably about 100,000 times smarter than me and how you look like Darth Sidius. But the whole war for oil thing? The cat's kinda out of the bag on that one. I'm just sayin'.

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