Greenspan admits Iraq was about oil, as deaths put at 1.2m

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

Appointed 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, he is also crystal clear on his opinion of his last two bosses, harshly criticising George W Bush for 'abandoning fiscal constraint' and praising Bill Clinton's anti-deficit policies during the Nineties as 'an act of political courage'. He also speaks of Clinton's sharp and 'curious' mind, and 'old-fashioned' caution about the dangers of debt.

Greenspan's damning comments about the war come as a survey of Iraqis, which was released last week, claims that up to 1.2 million people may have died because of the conflict in Iraq - lending weight to a 2006 survey in the Lancet that reported similarly high levels.

More than one million deaths were already being suggested by anti-war campaigners, but such high counts have consistently been rejected by US and UK officials. The estimates, extrapolated from a sample of 1,461 adults around the country, were collected by a British polling agency, ORB, which asked a random selection of Iraqis how many people living in their household had died as a result of the violence rather than from natural causes.

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And we are caught in this fucking quagmire...

Now, he says what we knew from the beginning...

We, meaning us DU Democrats...

If more people had known, this awful, illegal, immoral, vastly wasteful war might not have happened.

Goddamn.

Oil.

considering the circumstances, though, it certainly calls for it.

There are times I feel as if we are like the prophetess Cassandra...
a woman who was gifted with telling the truth, but no one believed her.

Sadly... after all this time,
even IF we were to jump up and down, screaming and flailing about
(like teabaggers) no one would listen, nor believe.

"Those who forget the past are condemned to repeat it." Santayana.

Welcome aboard the merry-go-round of politics.

the world is a horrible crime that is beyond words.

the media for the most part was complacent and supporters of the crimes, repug voters and singers like Toby Keith were also enablers.

These people will try to deny it, find others to blame. But like the nazis and their monstrous acts, these will not be forgotton.

POS should go to jail not only for what he did to the economy but for collusion with Bushco.

I hope he's haunted by those million deaths for all eternity.

he's politically inconvenienced and about to make money from a book. Not haunted at all.

they wanted to put american troops and control on top of it.

started. It's really too bad these people hadn't the cajones to speak up when doing so might have actually accomplished something.

for those who don't know and believed the lies.

And though Greenspan was complicit, he didn't have to come out and publicly state this, so he deserves a nod for that.

This week Rove, Newt, .. are quiet, then in weeks to come they'll come out and kill single-payer.

While not in the same league of Mass Murderers as Stalin or Hitler, this puts Bush/Cheney squarely in the same neighborhood as Pol Pot.

...that died as a result of the sanctions enforced by the Clinton Administration?

How about Iraqi deaths from Desert Storm 1 under Poppy?
.
.
.
Man, that all adds up to a big, ugly pile of DEATH, paid for by the US Taxpayer.

(and natural gas).

Now tell us how you manipulated Fed rates to help keep Repulicans in power.

:eyes:

to how come he told John McCain that his friend Charles Keating was just such a standup guy and it would be swell if they'd give him the go ahead for his little savings and loan plan. . .

... and all approved and cheered-on by so-called "pro-lifers."

:puke:

that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.'

I thought you went in to free them and didn't get the gratitude you deserved from the people of Iraq. Is it still about oil? Did you get it yet or are you going to have to hang in there for a bit longer?