Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
S&P 500 – Is a 5% Correction Enough? - 6th Dec 21
Global Stock Markets It’s Do-Or-Die Time - 6th Dec 21
Hawks Triumph, Doves Lose, Gold Bulls Cry! - 6th Dec 21
How Stock Investors Can Cash in on President Biden’s new Climate Plan - 6th Dec 21
The Lithium Tech That Could Send The EV Boom Into Overdrive - 6th Dec 21
How Stagflation Effects Stocks - 5th Dec 21
Bitcoin FLASH CRASH! Cryptos Blood Bath as Exchanges Run Stops, An Early Christmas Present for Some? - 5th Dec 21
TESCO Pre Omicron Panic Christmas Decorations Festive Shop 2021 - 5th Dec 21
Dow Stock Market Trend Forecast Into Mid 2022 - 4th Dec 21
INVESTING LESSON - Give your Portfolio Some Breathing Space - 4th Dec 21
Don’t Get Yourself Into a Bull Trap With Gold - 4th Dec 21
GOLD HAS LOTS OF POTENTIAL DOWNSIDE - 4th Dec 21
4 Tips To Help You Take Better Care Of Your Personal Finances- 4th Dec 21
What Is A Golden Cross Pattern In Trading? - 4th Dec 21
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion - Part 2 - 3rd Dec 21
Stock Market Major Turning Point Taking Place - 3rd Dec 21
The Masters of the Universe and Gold - 3rd Dec 21
This simple Stock Market mindset shift could help you make millions - 3rd Dec 21
Will the Glasgow Summit (COP26) Affect Energy Prices? - 3rd Dec 21
Peloton 35% CRASH a Lesson of What Happens When One Over Pays for a Loss Making Growth Stock - 1st Dec 21
Stock Market Sentiment Speaks: I Fear For Retirees For The Next 20 Years - 1st Dec 21 t
Will the Anointed Finanical Experts Get It Wrong Again? - 1st Dec 21
Main Differences Between the UK and Canadian Gaming Markets - 1st Dec 21
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion - 30th Nov 21
Omicron Covid Wave 4 Impact on Financial Markets - 30th Nov 21
Can You Hear It? That’s the Crowd Booing Gold’s Downturn - 30th Nov 21
Economic and Market Impacts of Omicron Strain Covid 4th Wave - 30th Nov 21
Stock Market Historical Trends Suggest A Strengthening Bullish Trend In December - 30th Nov 21
Crypto Market Analysis: What Trading Will Look Like in 2022 for Novice and Veteran Traders? - 30th Nov 21
Best Stocks for Investing to Profit form the Metaverse and Get Rich - 29th Nov 21
Should You Invest In Real Estate In 2021? - 29th Nov 21
Silver Long-term Trend Analysis - 28th Nov 21
Silver Mining Stocks Fundamentals - 28th Nov 21
Crude Oil Didn’t Like Thanksgiving Turkey This Year - 28th Nov 21
Sheffield First Snow Winter 2021 - Snowballs and Snowmen Fun - 28th Nov 21
Stock Market Investing LESSON - Buying Value - 27th Nov 21
Corsair MP600 NVME M.2 SSD 66% Performance Loss After 6 Months of Use - Benchmark Tests - 27th Nov 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Greenspan : Iraq War Was for Oil - The Age of Turbulence

Politics / US Politics Sep 16, 2007 - 04:37 PM GMT

By: John_York

Politics

Former Fed Chairman, Alan Greenspan states that the Iraq War was for primarily for Oil.

You may ask why is Greenspan now some 4 years after the invasion of Iraq making such statements ?


Is it because of there were tens of thousands of anti-war demonstrators in Washington this weekend ?.... Nope

The Age of Turbulence: Adventures in a New World
$23 (34% discount) The Age of Turbulence: Adventures in a New World

This statement as well as many others in recent days are in advance of the publication on Monday of Greenspan's memoirs in a new 500 page "The Age of Turbulence: Adventures in a New World,"

Quotes from the book:

Critical of President Bush for pursuing an economic agenda driven by politics rather than sound policy, with little concern for future consequences.

"The Bush administration turned out to be very different from the reincarnation of the Ford administration that I had imagined. Now, the political operation was far more dominant,"

In 2001 testimony before Congress, Greenspan was widely interpreted to have endorsed Bush's proposed tax cuts. In the book, he characterized his testimony as politically careless and said his words were misinterpreted.

Richard Nixon and Bill Clinton were the most intelligent, he wrote, while he found Ford the most normal and likable. Ronald Reagan was the most devoted to free markets, though his grasp of economics "wasn't very deep or sophisticated."

"The Republicans in Congress lost their way. They swapped principle for power. They ended up with neither. They deserved to lose,"

"I was soon to see my old friends veer off in unexpected directions,"

When Bush brought one-time Ford aides Cheney — whom Greenspan describes as having a "sphinx like calm" — and Donald Rumsfeld, back to Washington, the Fed chairman saw a "golden opportunity to advance the ideals of effective, fiscally conservative government and free markets."

The book is available from Amazon.com for $23 (34% discount)

By John York

(c) http://www.marketoracle.co.uk 2007


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Pro Democracy in America.
18 Sep 07, 12:47
When wil Bush´s face show in $1 US Dollar bills?

I want to get a bunch of those $1 dollar bills so I can wipe my ass and give Bush the honor so his face is smeared with something cleaner than his policies, his lies, and his supposedly "hidden policies" of espionage, secret gulags, and dictatorship intentions...


Dave
19 Sep 07, 06:04
Just more Greenspan lies

The truth is zionists like Greenspan have dragged the West into The Middle East conflict, on the back of a series of false flag terror attacks in the West. Thats the truth. Thats why you don't hear it.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in