Sunday, September 16, 2007

Greenspan: Iraq War Is About Oil

Who the hell doesn't know this? This is no great revelation. Bush has all but admitted it.

However, when one hears that the Iraq War is about oil, they may assume that Bush and Cheney wanted more cheap oil. WRONG! What they wanted was to control the oil in Iraq. No oil man wants cheap oil flooding the market.

Nevertheless, the Iraq war wasn't only about controlling the oil supply. It was also about the accrual of tyrannical powers at home and a corporate imperialism abroad. We forget that at our own peril.

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.


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The Nazis, Fascists and Communists were political parties before they became enemies of liberty and mass murderers.

1 comment:

Len Hart said...

You're right. It's not about "oil" per se; it's about the PRICE of oil. Bushco wants to control the price of oil and they will control it UPWARD to benefit the Bush constituency.

Persian Gulf I was precipitated by Saddam's insistence upon producing MORE oil --not less. The transcript of his interview with April Glaspie on the even of his invasion of Kuwait proves this beyond a shadow of a doubt. The Bush oil barons have always wanted HIGHER --not lower prices for oil and, thus, gasoline.