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Former Federal Reserve Board Chairman Alan Greenspan Says Iraq War About Oil

Posted by DallasBlackBlog on Sunday, September 16, 2007

 

Brendan Nicholson
September 17, 2007

 

Former Federal Reserve Board Chairman Alan Greenspan.

Former Federal Reserve Board Chairman Alan Greenspan.
Photo: J. Scott Applewhite

IT HAS been blindingly obvious to everyone except Prime Minister John Howard and some of his senior ministers that oil has a lot to do with the war in Iraq.

Mr Howard has vigorously denied that that was the case, but now no less an authority than former US Federal Reserve chairman Alan Greenspan says that is what the war is mainly about.

In a new book, Dr Greenspan says he is saddened that it is politically inconvenient to acknowledge “what everyone knows: the Iraq War is largely about oil”.

More

“I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.” Alan Greenspan (lifelong Republican) – September 2007

“The Republicans in Congress lost their way. They swapped principle for power. They ended up with neither. They deserved to lose.” Alan Greenspan (lifelong Republican) – September 2007

Posted in Alan Greenspan, Iraq War, Politics, President George Bush, Republican, War, War On Terror | 1 Comment »