Greenspan Politically and Morally Bankrupt by Conservative Standards For Accusations of War for Oil

[Dr Ron]

Cross posted from Liberal Values (see original post for links):

http://liberalvaluesblog.com/?p=2154

Alan Greenspan Acuses Republicans of Waging War For Oil

Liberals who accused the Bush administration of waging war for oil have often been criticized by conservatives with attacks such as this one from In The National Interest:

Nothing demonstrates the political and moral bankruptcy of the American liberal left more clearly than the current attempt to portray military action against Iraq as “for the oil”."

They are going to have to add Alan Greenspan’s name to the politically and morally bankrupt in light of his accusations in his current book, as reported by The Times of London:

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…

… it is his view on the motive for the 2003 Iraq invasion that is likely to provoke the most controversy. “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil,” he says.

Greenspan’s book has already gained publicity for his criticism of Republican economic policies including the abandonment of their small-government philosophy.

Mr. Greenspan, who calls himself a “lifelong libertarian Republican,” writes that he advised the White House to veto some bills to curb “out-of-control” spending while the Republicans controlled Congress. He says President Bush’s failure to do so “was a major mistake.” Republicans in Congress, he writes, “swapped principle for power. They ended up with neither. They deserved to lose.”

Before his long career in government, Greenspan was a disciple of Ayn Rand, the topic of this recent post regarding the 50th anniversary of the publishing of Atlas Shrugged.

[rusty quoin]

1. Now, here's an example of , Where the hell were you when it mattered!

[cui bono]

2. Now this book wasn't written by that ABC correspondent that faked interviews was it?

;)