Alan Greenspan claims Iraq war was really for oil – Times – 16.Sep 07

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.


In 1998, Dick Cheney, now US vice-president but then chief executive of a major oil services company, remarked: “I cannot think of a time when we have had a region emerge as suddenly to become as strategically significant as the Caspian.” But the oil and gas there is worthless until it is moved. The only route which makes both political and economic sense is through Afghanistan. [Guardian]

Take a look at this link

It’s Not About Oil, Stupid, but Flattening Arab and Muslim Countries

Related Articles:

This entry was posted in Disclosure, Middle East. Bookmark the permalink.

One Response to Alan Greenspan claims Iraq war was really for oil – Times – 16.Sep 07

  1. the number of Iraq war dead has been reported in the mainstream media as being about 1.2 million. That is almost 5% of the population. In other words, one in twenty people were killed in the name of creating peace and security.

Leave a Reply