Greenspan Spills The Beans

For those still wondering why President George W. Bush and Vice President Dick Cheney sent our young men and women into Iraq, the secret is now "largely" out.

The uncommon candor comes from a highly respected Republican doyen, economist Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006, whom the president has praised for his "wise policies and prudent judgment." Sadly for Bush and Cheney, Greenspan decided to put prudence aside in ... Full Story »

Posted by Chris Finnie
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Subjects: U.S.
Topics: War in Iraq
Member Tags: Poor follow up!
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Gary Holcomb
5.0
by Gary Holcomb - Oct. 1, 2008

Wow! Well written. Ray McGovern has an ax to grind and he is an expert at it. His facts are impeccable, his reasoning is faultless, his style is marvelous and his aim is superb.

See Full Review » (13 answers)
Chris Finnie
4.8
by Chris Finnie - Oct. 1, 2008

I appreciated the breadth of McGovern's analysis. He doesn't just stop at quoting Greenspan, as other stories I've read do, but quotes other former administration sources to create a wider view of the war in Iraq.

See Full Review » (12 answers)
Jack Dinkmeyer
4.9
by Jack Dinkmeyer - Oct. 1, 2008

Excellent analysis. The real reason finally has a voice--the Arabs were right all along--oil. Every war has its reasons, and the reasons for this one are always changing: No WMDs; their terrible dictator wasn't so terrible when he was our valued ally; terrorists were nowhere in sight until we showed up and provided fertile ground; and bringing democracy to any country through war is doomed to failure. It looks as if Cheney-Bush are even going to lose their coveted prize--control of the oil.

See Full Review » (13 answers)
Jim Mac Donald
2.4
by Jim Mac Donald - Oct. 1, 2008

Greenspan has repeatedly clarified what the book implies. Oil is ONE of the advantages NOT the primary reason, or indeed any reason for the Iraq war. The writers need to bone up on current events and Greenspan's follow up comments.

See Full Review » (7 answers)
Roland F. Hirsch
1.0
by Roland F. Hirsch - Oct. 1, 2008

The sole reason for this opinion piece has been refuted, as Mr Greenspan has already said that it was he who was concerned about oil and most emphatically not President Bush or Vice President Cheney. The author includes the lame former Treasury Secertary O'Neill complaint about cabinet meetings, which literally are the worst place to make policy, since two-thirds of the persons present have minimal knowledge about any issue that comes up, since it is beyond their area of expertise. The author apparently does not realize that the it is not the U.S. that depends on oil from Iraq (barely 2%) or the Middle East in general, but Europe and China. Very poorly sourced opinion piece.

See Full Review » (7 answers)
Michael Rasmussen
2.7
by Michael Rasmussen - Oct. 1, 2008

Short on facts, long on speculation this story takes flight from Greenspan's comment that "everyone knows" the war in Iraq is for oil. The piece would be a fine editorial. As a news story I ask for more substance.

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Faith Evans
4.0
by Faith Evans - Oct. 1, 2008

Yes, it's good journalism. Of course we all knew about the reason; too bad Greenspan didn't do anything about it when he had the chance.

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Ed Lanman
1.1
by Ed Lanman - Oct. 1, 2008

The writer obviously has his own political agenda...I look forward to reading the book, but from what I understand exerpts have been taken out of context to meet certain politicos agendas...nothing surprising about that.

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