Alan Greenspan: Iraq War Motive Was Oil

This doesn’t exactly come as a shock. Alan Greenspan, former Federal Reserve chairman under whose tenure saw much economic expansion, said in his new book that he is “saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”

I think it’s funny that it’s often the financial types who understand what’s really going on in politics. The reason, you ask? Those who are versed in business and finance assume that people and parties act in their own self-interest, and ask the question ‘qui bono?‘ to determine a list of suspects.

Now, I must say that his admission could be motivated by want of increased sales for his book, but I also believe Mr. Greenspan to be a straight shooter who wouldn’t be bullied by a publicity-hungry publisher.

Check out the book, I’m sure you’ll learn sometime after reading it.

The Age of Turbulence by Alan Greenspan
Via The Times of London