Greenspan Says Iraq War Was Always About Oil

ntnp_20070914_fp001_greenspanssubpr_324606_mi0001.jpg(photo by Mark Wilson, Getty Images)

Former Federal Reserve Chairman Alan Greenspan’s memoir comes out today. Though he mostly writes about economics—and his economic disagreements with the Bush Administration’s wonton spending, the most controversial sentence in the book is about Iraq. Greenspan writes: “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”   (Read Bob Woodward’s book review here.)

Reporter Bob Woodward interviewed Greenspan again in today’s Washington Post to give Greenspan a chance to “clarify” what he meant, because the above quote has caused a freak out. If you don’t feel like reading the entire interview, allow me to paraphrase: “Hey, I say it’s about oil, and I said it’s about oil to everyone I spoke to in the Administration in the run-up to the war. Including Bush and Cheney. But Bush and Cheney may not have said those exact words in front of me.”

Okay, Alan, you’re covered. Sort of.

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3 Responses to Greenspan Says Iraq War Was Always About Oil

  1. Gary Smith says:

    Kudos to Greenspan speaking al ittle truth. However, the one million dead Iraqis probably would have appreciated him going public during the leadup to the war. His voice would have held someweight….

  2. Thanks for everything, Greenspan.

    The dishonesty that started the war seems to be long forgotten anyway. Attempts to discuss reaistic solutions for today’s war are stalled in Washington politics. The Administration apparently believes that if the war is extended indefinitely, the Great Lie will be forgotten. Since the Republican congress is committed tp the President’s stall policy, the simplest course of action for Democrats in congress is to defund and withdraw Blackwater and other contractors that have acted as terrorists in the name of the people of the United States.

    Defending a mass murderer might lower the President’s approval ratings another point or two.

  3. Suasoria says:

    I’m confused by the comment above. The Democrats want to end the war??

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