The Country clubs and cocktail parties are not real people...
Alan Greenspan comes around?
Alan Greenspan, the former Federal Reserve chairman, said in an interview that the removal of Saddam Hussein had been "essential" to secure world oil supplies, a point he emphasized to the White House in private conversations before the 2003 invasion of Iraq.
Greenspan, who was the country's top voice on monetary policy at the time Bush decided to go to war in Iraq, has refrained from extensive public comment on it until now, but he made the striking comment in a new memoir out today that "the Iraq War is largely about oil." In the interview, he clarified that sentence in his 531-page book, saying that while securing global oil supplies was "not the administration's motive," he had presented the White House with the case for why removing Hussein was important for the global economy.
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When I first saw Alan Greenspan perched in the back row of Billmon's Anglo-American War Crimes Tribunal photo (above: click to enlarge), I thought he was there as a joke. But in a very real sense he is the man that enabled all of this. Remember that as you watch his dull bored face in response to Sanders rebuke.
Greatest nation on earth, indeed.
Related: Klein's The Shock Doctrine
See todays Democracy Now.
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