Alan Greenspan: I Never Said Iraq War Was About Oil

Published: September 17, 2007, 12:41 pm

Tags: iraq, oil amp amp gas prices, alan greenspan, washington post

It's fitting that now that he's left his post as chairman of the Federal Reserve, Alan Greenspan's words are being as closely scrutinized as they were back in his days at the Fed. Not carefully enough, though, it seems.Over the weekend, a media firestorm errupted after the Washington Post printed a news article claiming that in his memoirs, Greenspan said the ouster of the Saddam Hussein government was just about oil.Unfortunately for the liberal press and blogosphere, Greenspan did not say what was attributed to him. After the news broke, Greenspan called up the Post to say he'd been quoted out of context:Greenspan said that at the time of the invasion, he believed, like Bush, that Iraq had weapons of mass destruction "because Saddam was acting so guiltily trying to protect something." While he was "reasonably sure he did not have an atomic weapon," he added, "my view was that if we do nothing, eventually he would gain control of a weapon." His main

[ Full article ]

Blog link

Comments