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Greenspan - Iraq War Was All About the Oil
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| Greenspan - Iraq War Was All About the Oil
- Click HERE to go to the original thread with graphics
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| otherone4life |
"Whatever their publicized angst over Saddam Hussein's 'weapons of mass destruction,' American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the world economy," Greenspan wrote.
"I'm saddened that it is politically inconvenient to acknowledge what everyone knows: The Iraq war is largely about oil," added Greenspan, who for decades had been one of the most respected U.S. voices on fiscal policies. |
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| cecilturtle06 |
| Glad to know Alan Greenspan is using some common sense and has seen the light about this corrupt administration. |
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| zimmie |
| It's a free country. Greenspan is entitled to his opinion. |
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| Luther |
Quote: Originally posted by zimmie
It's a free country. Greenspan is entitled to his opinion. |
Idiot. The freedom to have an opinion has nothing to do with this thread. |
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| cecilturtle06 |
Quote: Originally posted by zimmie
It's a free country. Greenspan is entitled to his opinion. |
Shouldn't you be playing war with other 3 year olds in the sandbox? |
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| zimmie |
Quote: Originally posted by Luther
Idiot. The freedom to have an opinion has nothing to do with this thread. |
sure it does you dimwit.......Greenspan has an opinion, good for him |
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| zimmie |
Quote: Originally posted by cecilturtle06
Shouldn't you be playing war with other 3 year olds in the sandbox? |
shoukldn't you be sucking dick at the bus station |
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| Luther |
Quote: Originally posted by zimmie
sure it does you dimwit.......Greenspan has an opinion, good for him |
That statement could be made in response to any post in any thread. It is obvious, irrelevant, and meaningless. |
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| zimmie |
Quote: Originally posted by Luther
That statement could be made in response to any post in any thread. It is obvious, irrelevant, and meaningless. |
so is Greenspan's opinion...meaningless and irrelevant... |
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| cecilturtle06 |
Quote: Originally posted by zimmie
meaningless and irrelevant... |
That's what everyone in here thinks of you.
Oh, and the same of the Bush administration. Add incompetent to that too.
Funny, Alan Greenspan working for, what, 18 years, isn't exactly what I'd call meaningless and irrelevant. |
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| zimmie |
| Federal Reserve has nothing to do with national security, lots of people have worked for 18 years, they are entitled to their opinion too. |
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| ChaseDC |
Quote: Originally posted by zimmie
shoukldn't you be sucking dick at the bus station |
typical unoriginal insult by dimmie.
I wonder why you are so obsessed with sucking dicks in public places?
Maybe it was you who sucked Craig's dick in the restroom of Union Station. |
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| zimmie |
| Why you live in DC is your business. Nobody holds being a faggot against you. |
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| Porcupine |
Quote: Originally posted by zimmie
Federal Reserve has nothing to do with national security |
The Federal Reserve has everything to do with our lack of national security. |
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| ChaseDC |
Quote: Originally posted by zimmie
Why you live in DC is your business. Nobody holds being a faggot against you. |
Once again, dimmie doesn't deny being a transvestite cocksucker. |
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| Luther |
Quote: Originally posted by zimmie
Federal Reserve has nothing to do with national security, lots of people have worked for 18 years, they are entitled to their opinion too. |
Another irrelevant post. |
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| ChaseDC |
Quote: Originally posted by Luther
Another irrelevant post. |
Shocking, ain't it? |
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| otherone4life |
| amazing how these repukes get religion AFTER they leave the Administration |
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| tourette_ticker |
Quote: Originally posted by Luther
Another irrelevant post. |
I see you've met zimmie. |
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| tourette_ticker |
It sounds like Greenspan's view on this war is close to mine. I also believe it was about oil, but not about making Bush's oil buddies rich, although that may be a side effect. I think it was all about securing a resource vital to our economy and our security. I think it was driven by the fear that the taps could be turned off and there would be nothing we could do about it.
I plan to pick up his book this week, it should be an interesting read but knowing Greenspan it will be dry as hell. |
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| ChaseDC |
Quote: Originally posted by tourette_ticker
It sounds like Greenspan's view on this war is close to mine. I also believe it was about oil, but not about making Bush's oil buddies rich, although that may be a side effect. I think it was all about securing a resource vital to our economy and our security. I think it was driven by the fear that the taps could be turned off and there would be nothing we could do about it.
I plan to pick up his book this week, it should be an interesting read but knowing Greenspan it will be dry as hell. |
I agree with part of this post. Obviously I agree with the war for oil part. I strongly feel that this who debacle was to line the pockets of bush's oil buddies as well as cheney's haliburton buddies. haliburton and it's crooks in Iraq, KBR, have made a mint off this war.
The BULLSHIT bush spews about weaning off foreign oil, is just simply, BULLSHIT. Yet the lap dogs drink the kool aid by the gallon-full. |
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| otherone4life |
| So convenient to come out with this shit AFTER he left ...imagine how heroic Greenie would have been had he said thie 3 years ago when it could have mattered ... |
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| tourette_ticker |
Quote: Originally posted by otherone4life
So convenient to come out with this shit AFTER he left ...imagine how heroic Greenie would have been had he said thie 3 years ago when it could have mattered ... |
He couldn't. The markets moved every time he farted let alone spoke. The man used many many words to say nothing during his term. It was amazing to hear him speak.
One of the funnest things was that on wall street the looked to see which hand he would carry his briefcase in believing that it was tied to he feeling about the economy! |
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| zimmie |
Greenspan has been a clown for thirty years....Now with an 8 million dollar book advance he sees thing differently...what a fraud...
Greenspan: Playing the Fool Or the Scoundrel?
By Steven Pearlstein
Friday, October 29, 2004; Page E01
Oil prices soar above $50 a barrel with little prospect of returning to more normal levels anytime soon. Not to worry, says Fed Chairman Alan Greenspan, new sources of energy are just over the horizon.
House prices continue rising several times as fast as everything else, driven by record levels of household debt. Not to worry, says Greenspan, the debt is manageable and housing isn't susceptible to speculative bubbles.
The nation's current account deficit heads toward 6 percent of gross domestic product , a level unheard of for a major industrial economy. Not to worry, says Greenspan, financial markets will gradually bring things into balance.
The urgent question before us today is: What has the chairman of the Federal Reserve been smoking?
I will leave it to others to speculate on Greenspan's motive for taking his one-man Dr. Pangloss show on the road in the months leading up to a hotly contested presidential election.
But what are we to say about a Fed chairman whose biggest economic concern a few years ago was that the government was projected to run such a big budget surplus that it could eventually force the Treasury to invest some of it in corporate stocks and bonds? There aren't too many people worrying about that one any more.
Of course, one reason we're worrying about record deficits rather than record surpluses is that Greenspan gave his seal of approval to a series of tax cuts that the country could ill afford.
Two possibilities present themselves:
• Greenspan figured that, once the tax cuts were in place, Congress would cut spending to match, in which case he's more of a fool than anyone imagined.
• He knew all too well that the spending cuts would not follow, in which case he's a scoundrel.
I leave it to you to judge.
The fact is that, as an economic prognosticator, Greenspan has been about as effective as a Cardinal trying to hit Red Sox pitching.
In 1990, he underestimated the economic impact of the bursting of a commercial real estate bubble and the ensuing credit crunch, which combined to throw the economy into recession.
And during the late 1990s, he was so busy touting the productivity miracle of the new economy that he failed to see the biggest equity bubble in history developing right under his nose. And when it finally burst and began to take the real economy down with it, Captain Greenspan was confidently predicting a soft landing almost until the moment the wheels came off the landing gear.
As it turns out, Greenspan is a better rhetorician than he is a forecaster. In his recent speeches and testimonies, he cleverly frames his what-me-worry message in apposition to the more extreme doomsayers who warn that the world is about to run out of oil or that foreign investors are about to trigger a financial meltdown by dumping their dollar assets. He's also careful to include hedges and caveats that he can point to when things don't turn out as swimmingly as he suggests.
But through it all, the consistent message is that global financial markets have become so gloriously efficient and flexible in pricing risk and intermediating capital that they can cushion any shock, correct any imbalance and cure your lumbago besides. In the World According to Greenspan, the only real threats come from those who would tamper with this machinery by reversing the march toward deregulation, open markets and the free flow of capital.
Unfortunately, what Americans desperately need now is not a Fed chairman pushing an ideological agenda -- not a Paul Wolfowitz of economic policy -- but a clear-eyed pragmatist willing to tell Americans the truth that nobody else dares: That they are living beyond their means, that their profligacy has put the global economy out of whack and that the only way to avoid a bad ending is to save more, import less, raise taxes and accept lower levels of government services and benefits.
http://www.washingtonpost.com/wp-dy...004Oct28_2.html |
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| otherone4life |
| guess old Zimmie had to go get his GOP talking points from somewhere .. a disciple of Ayn Rand who was first appointed by Pres. Ford and then appointed head of the Fed by Reagan is somehow untrustworthy ...love these GOP'ers who will slime and malign their own if the W talking points are not followed |
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| patcracker |
Quote: Originally posted by zimmie
• Greenspan figured that, once the tax cuts were in place, Congress would cut spending to match, in which case he's more of a fool than anyone imagined.
• He knew all too well that the spending cuts would not follow, in which case he's a scoundrel.
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Sounds like a bad idea either way..... |
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| ChaseDC |
| Dimmie is clueless. he resorts to the same old cut and paste shit. never once making an original point. |
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| ChaseDC |
Quote: Originally posted by otherone4life
guess old Zimmie had to go get his GOP talking points from somewhere .. a disciple of Ayn Rand who was first appointed by Pres. Ford and then appointed head of the Fed by Reagan is somehow untrustworthy ...love these GOP'ers who will slime and malign their own if the W talking points are not followed |
God forbid if you don't march lock step with der fuhrer. |
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| otherone4life |
| right ...the retired generals like batiste and powell, his former pollster matt dowd, and now greenspan ..all untrustworthy americans |
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| atomizer |
| Isn't it great that these shitbags tell the truth after they've retired? |
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| bcmiller |
Quote: Originally posted by zimmie
Federal Reserve has nothing to do with national security, lots of people have worked for 18 years, they are entitled to their opinion too. |
I couldn't respond to this earlier today because I was a jr member and under time controls, but this has got to be the least informed comment I have seen since I have been here (aside from someone saying that Vida was too fat in the HotChicks forum).
The Federal Reserve has more power than the president in this country. They do not report to congress. Even in retirement Alan Greenspan's opinion has more of an effect on the economy than George Bush's.
Consider these quotes:
Quote: Originally posted by Mayer Amsched Rothchild, a prominent European banker in the eighteenth century
Permit me to issue and control the money of the nation and I care not who makes its laws. |
Quote: Originally posted by Thomas Jefferson
If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied. |
Quote: Originally posted by Thomas Jefferson
I believe that banking institutions are more dangerous to our liberties than standing armies. |
Our national security is intimately tied to the Federal Reserve and will be until we get rid of fiat money. They keep inflating the currency to keep the dollar bubble from bursting, they cannot do it forever. When the dollar fails you will see our national security suffer greatly. |
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