Alan Greenspan claims Iraq war was really for oil - Times Online

Alan Greenspan claims Iraq war was really for oil - Times Online: "In his long-awaited memoir, to be published tomorrow, Greenspan, a Republican whose 18-year tenure as head of the US Federal Reserve was widely admired, will also deliver a stinging critique of President George W Bush’s economic policies. However, 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."

It is sad that he only has the guts to say it now... Of course, he was probably complicit in the plans while he was still chairman. After all, the government has to borrow money from the Fed, in order to fight the war, meaning that the private banks that compose the Federal Reserve make a profit on the war.