Sunday, September 16, 2007

Alan Greenspan: the Iraq war is largely about oil

The US and Britain have always maintained that the war to oust Saddam Hussein was about weapons of mass destruction - not oil.

US President George Bush said Saddam was a threat to world security because he could sell the weapons on to terrorists.

But Mr Greenspan, a Republican who was boss of the US Federal Reserve for 18 years, said that was not the whole truth, according to a copy of the book seen by Associated Press.

"I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil," he is reported to have written.


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