Sunday, September 16, 2007

War in Iraq for Oil

America’s elder statesman of finance, Alan Greenspan, has shaken the White House by declaring that the prime motive for the war in Iraq was oil.

Story here

- I think Greenspan is going senile. If the war is all about oil then why is the price of oil at about $80 right now? -


David said...

It's naive to say the war was all about oil. Left or right, to suggest that you can reduce the complex situation that brought about Iraq to one motive, one force is trite and simplistic.

Kollarrow said...

I agree, David.

Greenspan is being very, very simplistic. And he is wrong, wrong, wrong.