[Vision2020] Federal Reserve Head Greenspan: Iraq Invasion For Oil

Mark Solomon msolomon at moscow.com
Mon Sep 17 12:21:11 PDT 2007

Krugman, University of Chicago economist and NYTimes columnist has a 
scathing piece on Greenspan and his revisionist history of his 
involvement with the Bush tax cuts.


OPINION   | September 17, 2007
Columnist:  Sad Alan's Lament
If Alan Greenspan wasn't intending to lend crucial support to the 
Bush tax cuts, he had ample opportunity to set the record straight 
when it could have made a difference.

>...Mr Greenspan, the former Federal Reserve chairman, said in an 
>interview with the Guardian that the invasion of Iraq was aimed at 
>protecting Middle East oil reserves: "I thought the issue of weapons 
>of mass destruction as the excuse was utterly beside the point."
>In the book Mr Greenspan writes: "Whatever their publicised angst 
>over Saddam Hussain's 'weapons of mass destruction', American and 
>British authorities were also concerned about violence in the area 
>that harbours a resource indispensable for the functioning of the 
>world economy. I am saddened that it is politically inconvenient to 
>acknowledge what everyone knows: the Iraq war is largely about oil."
>Vision2020 Post: Ted Moffett
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