9/16/07

Greenspan says prime reason for Iraq was oil

read the whole excellent article by Ray McGovern, here are some excerpts:

Greenspan writes:

“I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”

Then, there were Cheney’s revealing, damning remarks as Halliburton's CEO?

“Oil companies are expected to keep developing enough oil to offset oil depletion and also to meet new demand,” Cheney said in autumn 1999. “So where is the oil going to come from? Governments and the national oil companies are obviously in control of 90 percent of the assets. Oil remains fundamentally a government business. The Middle East with two-thirds of the world’s oil and the lowest cost is still where the prize ultimately lies."