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Greenspan clarifies "the Iraq War was largely about oil" ... You're gonna LOVE this!!!

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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 06:30 AM
Original message
Greenspan clarifies "the Iraq War was largely about oil" ... You're gonna LOVE this!!!
Edited on Mon Sep-17-07 06:33 AM by Roland99
Greenspan was just interviewed by Matt Lauer on NBC Today.

He said, re: the war being about oil was that Saddam wanted nukes to eventually take control of the Straits of Hormuz and cause oil prices to skyrocket, reaching near $130/bbl and that it was a good thing that Saddam was taken out. (and he also mentioned something about moving thru Saudi and Kuwait to accomplish that).


Uhhh....and how was he going to do that? Sounds like Greenspan was buying the BS supplied by the neocons' criminals (Chalabi and his INC liars) and the unvetted intel stovepiped by the OSP.


He came off as quite equivocating in that interview this morning.
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0007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 06:36 AM
Response to Original message
1. Greenspan is a senile old fool that is probably causing
diarrhea in the GOP. Now lets hear it from his wife, 'eh?
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Tigermoose Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 06:36 AM
Response to Original message
2. Even America's chief prophet hates Bush.
Time for some more plummeting in the poles.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 06:37 AM
Response to Original message
3. For A Truly Smart Man That Was The Dumbest Thing I Ever Heard
Ask any economist, be he left, right, or center and they will tell you that $10.00 a barrel oil is more likely than $130.00 a barely oil; demand would collapse before it reached that point, driving the price back down...
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OmmmSweetOmmm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 06:39 AM
Response to Original message
4. He was doing a heck of a job backpeddling and sounded quite foolish. eom
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 06:41 AM
Response to Original message
5. well oil is at 80 and saddam is long dead
in fact it was less than 50 when we hanged him....greenspan must have received a phone call
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 07:29 AM
Response to Reply #5
6. And if the US attacks Iran, will be $125-130/bbl anyway!
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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 08:03 AM
Response to Original message
7. Someone reminded Greenspan that "Invasion for Oil" = War Crimes....
Officially, the insulting rationalizations MUST go on or a whole lot of people are going to The Hague.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 08:09 AM
Response to Reply #7
8. Yep - ANYONE who knew there were no WMDs for certain deserves jail.
Those keeping that secret and who convinced lawmakers that WMDs was a reality all belong in jail, not in our government. That goes for Reublicans AND Democrats who claimed special access to information and used their positions to convince lawmakers with LESS access to the intel.
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MH1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 08:12 AM
Response to Original message
9. While over on NPR, the foundation for discrediting Greenspan was laid.
Edited on Mon Sep-17-07 08:12 AM by MH1
Listening to NPR this morning they started talking about how the current housing crisis really is somehow Greenspan's fault. I don't understand this stuff so perhaps there is some merit, but I guess it is a reflection of my cynicism that my first thought was "the discrediting has begun" because he has started speaking out against the Bushies and wingers.
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DemReadingDU Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 08:34 AM
Response to Original message
10. video link on MSNBC

Greenspan clarifies Iraq war, oil link
Says he told White House ousting Saddam was 'essential' to world supplies

Greenspan discusses his new book
http://www.msnbc.msn.com/id/20817260/
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 12:24 PM
Response to Reply #10
12. He added more in an interview on CNBC with Maria Bartiromo
Edited on Mon Sep-17-07 12:24 PM by Roland99
He added that he "believed Saddam did have weapons of mass destruction".

Too bad no one has asked him why oil has risen 100% since the Iraq invasion and shows no signs of slowing down (hit an intraday high today at $80.50)
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DemReadingDU Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 01:11 PM
Response to Reply #12
13. video link on CNBC
With oil hovering around $80 a barrel and our troops still in Iraq, CNBC's Maria Bartiromo asks former Fed Chairman Alan Greenspan what he thinks about the war and the sky-high oil prices.
http://www.cnbc.com/id/15840232?video=519719818&play=1


9pm Monday there will be the entire 1 hour interview CNBC
http://www.cnbc.com/id/20583053


more videos with Greenspan...
http://search.cnbc.com/main.do?keywords=greenspan&target=video
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 01:30 PM
Response to Reply #13
14. Oh...forgot about the 1hr interview. thanks.
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 09:15 AM
Response to Original message
11. Lauer did his all to bail out Greenspan
"So you would say, whether it was weapons of mass destruction or oil, it was ultimately all about stabilizing the region?

Greenspan: "Yes."
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 01:50 PM
Response to Original message
15. Its so hard to tell the TRUTH even when your 89
you tell so many lies all your life and then you speak the Truth its an awakening

and yet Greenspan can't be True to himself

His Legacy is a sad one
Subprime Mortgage Inflation and lowering of the dollar
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