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Now Greenspan Comes Out Against GW

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Anonymous

Guest
Greenspan Admits Iraq was About Oil, As Deaths Put at 1.2 Million
by Peter Beaumont and Joanna Walters in New York

The man once regarded as the world’s most powerful banker has bluntly declared that the Iraq war was ‘largely’ about oil.

Alan GreenspanAppointed by Ronald Reagan in 1987 and retired last year after serving four presidents, Alan Greenspan has been the leading Republican economist for a generation and his utterings instantly moved world markets.

In his long-awaited memoir — out tomorrow in the US — Greenspan, 81, who served as chairman of the US Federal Reserve for almost two decades, writes: ‘I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.’

In The Age of Turbulence: Adventures in a New World, published September 17, 2007, Greenspan rails against President George W. Bush, Vice President Dick Cheney, and the Republican-controlled Congress for abandoning the Republican Party's principles on spending and deficits. Greenspan's criticisms of President Bush include his refusal to veto spending bills, sending the country into increasingly deep deficits, and for putting political imperatives ahead of sound economic policies. Greenspan writes, "They swapped principle for power. They ended up with neither. They deserved to lose” the 2006 election
 

Texan

Well-known member
:???: This is old 'news' that has already been clarified by Greenspan:


Greenspan clarifies Iraq war, oil link
Tue Sep 18, 2007 1:52am EDT

WASHINGTON (Reuters) - Clarifying a controversial comment in his new memoir, former Federal Reserve Chairman Alan Greenspan said he told the White House before the Iraq war that removing Saddam Hussein was "essential" to secure world oil supplies, according to an interview published on Monday.

Greenspan, who wrote in his memoir that "the Iraq War is largely about oil," said in a Washington Post interview that while securing global oil supplies was "not the administration's motive," he had presented the White House before the 2003 invasion with the case for why removing the then-Iraqi leader was important for the global economy.

"I was not saying that that's the administration's motive," Greenspan said in the interview conducted on Saturday. "I'm just saying that if somebody asked me, 'Are we fortunate in taking out Saddam?' I would say it was essential."



http://www.reuters.com/article/politicsNews/idUSN1627504220070918
 
A

Anonymous

Guest
Was that clarification before or after Cheney threatened to take away his key to the Oilmans Yacht Clubs mens room... :???: :wink: :lol:
 

kolanuraven

Well-known member
Really...pretty gutless if you think about it.

Why didn't Greenspan say all this when he was in a position of power?

All this ' after the fact' info is pretty useless now....even though I do agree with what he says he knew and saw.
 

Steve

Well-known member
KolanuRaven
Really...pretty gutless if you think about it.

Why didn't Greenspan say all this when he was in a position of power?

This make twice today I've agreed with the lefties on here today,...Thank God it wasn't in total agreement though....:lol: :roll: :wink: :lol:



Greenspans new found openness of his past knowledge might have alot to do with his current position....helping the EU

Directly following his retirement as Fed chairman, Greenspan accepted an honorary position at HM Treasury in the United Kingdom

On February 26, 2007, Greenspan forecast a possible recession in the U.S. before or in early 2008.

On August 13, 2007, Deutsche Bank announced that it would be retaining Dr. Greenspan as a Senior Advisor to its investment banking team and clients.
 

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