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Greenspan: Ouster Of Hussein Crucial For Oil Security
Washi9ngton Post ^ | 9/17/07 | Bob Woodward

Posted on 09/17/2007 8:28:47 AM PDT by listenhillary

By Bob Woodward Washington Post Staff Writer Monday, September 17, 2007; A03

Alan Greenspan, the former Federal Reserve chairman, said in an interview that the removal of Saddam Hussein had been "essential" to secure world oil supplies, a point he emphasized to the White House in private conversations before the 2003 invasion of Iraq.

Greenspan, who was the country's top voice on monetary policy at the time Bush decided to go to war in Iraq, has refrained from extensive public comment on it until now, but he made the striking comment in a new memoir out today that "the Iraq War is largely about oil." In the interview, he clarified that sentence in his 531-page book, saying that while securing global oil supplies was "not the administration's motive," he had presented the White House with the case for why removing Hussein was important for the global economy.

"I was not saying that that's the administration's motive," Greenspan said in an interview Saturday, "I'm just saying that if somebody asked me, 'Are we fortunate in taking out Saddam?' I would say it was essential."

He said that in his discussions with President Bush and Vice President Cheney, "I have never heard them basically say, 'We've got to protect the oil supplies of the world,' but that would have been my motive." Greenspan said that he made his economic argument to White House officials and that one lower-level official, whom he declined to identify, told him, "Well, unfortunately, we can't talk about oil." Asked if he had made his point to Cheney specifically, Greenspan said yes, then added, "I talked to everybody about that."

Greenspan said he had backed Hussein's ouster, either through war or covert action.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Culture/Society; Extended News
KEYWORDS: bobwoodward; bush; decapitation; energy; fed; greenspan; iraq; iraqsurge; obamaswar; obamaswars; oil; saddam
Greenspan was right
1 posted on 09/17/2007 8:28:48 AM PDT by listenhillary
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To: listenhillary

No, Bush was right.


2 posted on 09/17/2007 8:29:30 AM PDT by Jigajog
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To: Jigajog

Difference?


3 posted on 09/17/2007 8:30:27 AM PDT by listenhillary (millions crippled by the war on poverty....but we won't pull out)
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To: listenhillary

One took the decision, the other just agrees to the position.


4 posted on 09/17/2007 8:31:41 AM PDT by Jigajog
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To: listenhillary
I liked it better when the Evil BushCo was stealing the Iraqis oil. This version of the story is boring, probably won’t sell as many books.
5 posted on 09/17/2007 8:36:23 AM PDT by BallyBill (Serial Hit-N-Run poster)
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To: BallyBill

Well the left has already had premature emissions over Greenspan’s words.

Now they just look stupid. (As if they needed any help in that!)


6 posted on 09/17/2007 8:41:30 AM PDT by listenhillary (millions crippled by the war on poverty....but we won't pull out)
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To: listenhillary
the removal of Saddam Hussein had been "essential" to secure world oil supplies

"I was not saying that that's the administration's motive," Greenspan said in an interview Saturday, "I'm just saying that if somebody asked me, 'Are we fortunate in taking out Saddam?' I would say it was essential."

Hardly controversial and considerably different than the sensational take of much media coverage. I am more aggrieved that we had a Chairman who seems to support Hillery.

7 posted on 09/17/2007 8:41:50 AM PDT by JimSEA
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To: JimSEA
I am more aggrieved that we had a Chairman who seems to support Hillery.

I missed that.

8 posted on 09/17/2007 8:44:58 AM PDT by listenhillary (millions crippled by the war on poverty....but we won't pull out)
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To: JimSEA
I am more aggrieved that we had a Chairman who seems to support Hillery.

Why do you say that he supports Hillary?

http://www.freerepublic.com/focus/f-news/1897714/posts

From the Link:

Greenspan, who in his memoir criticized Bush and congressional Republicans for abandoning fiscal discipline and putting politics ahead of sound economics, also expressed dismay with the Democratic Party in an interview with The Wall Street Journal published on Monday.

Greenspan told the Journal he was "fairly close" to former President Bill Clinton's economic advisers, but added, "The next administration may have the Clinton administration name, but the Democratic Party ... has moved ... very significantly in the wrong direction." He cited its populist bent, especially its skepticism of free trade. Clinton's wife, Sen. Hillary Clinton, is the Democratic presidential front-runner.

9 posted on 09/17/2007 8:50:23 AM PDT by thackney (life is fragile, handle with prayer)
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To: listenhillary

Greenspan’s criticism of Bush, and especially Vicente Fox’s disparaging remark that Bush is the cockiest person he’d ever met who spoke grammar school Spanish pi$$ed me off. Even Bush’s grammar school Spanish is better Spanish than most of the uneducated masses he rules. And I’d love to hear Fox’s English.
Bush has been as kind as possible to our souther neighbor,a nd he gets kicked in the a$$ for it.
No wonder the country is such a joke.


10 posted on 09/17/2007 8:54:57 AM PDT by ruthles (Just because you're paranoid, doesn't mean people aren't out to get you.)
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To: listenhillary

Greenspan’s criticism of Bush, and especially Vicente Fox’s disparaging remark that Bush is the cockiest person he’d ever met who spoke grammar school Spanish pi$$ed me off. Even Bush’s grammar school Spanish is better Spanish than most of the uneducated masses he rules. And I’d love to hear Fox’s English.
Bush has been as kind as possible to our souther neighbor,a nd he gets kicked in the a$$ for it.
No wonder the country is such a joke.


11 posted on 09/17/2007 8:55:07 AM PDT by ruthles (Just because you're paranoid, doesn't mean people aren't out to get you.)
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To: listenhillary

Even if securing the world’s oil supply was a motive, it is not the same as “stealing Iraq’s oil,” which is the slander routinely put out by the Left.


12 posted on 09/17/2007 8:56:54 AM PDT by Steve_Seattle ("Above all, shake your bum at Burton.")
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To: listenhillary

Boy, does he want to sell a lot of books! LOL.


13 posted on 09/17/2007 9:06:03 AM PDT by George W. Bush
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To: listenhillary; All
Behind the scenes at the Greenspan house, 10 months ago ...

Alan: Honey, the book is finally finished! Hey, you seen my truss anywhere?

Andrea: That’s great honey! Ah, your truss is over there, on the lamp shade where you left it.

Alan: Oh yeah. Hey, want to read a little of the book?

Andrea: Just give me a quick over view.

Alan: Ok, well, its just about the time at the Fed and how everything worked out pretty good, except for not doing something about that sub-prime lending thingy.

Andrea: Honey, you know that stuff isn’t going to sell, unless you are trying to sell a cure for insomina! You need to spice it up with some “dish” on conservatives, talk about how the war is Bush’s fault so my network will pay attention! THAT will get the boys in the press room working overtime and insure plenty of sales!

Alan: You think so?

Andrea: Of course I do! It will get you number one on the Times Best Seller list, guaranteed! Think of it! Why, I am getting excited all over right now!

Alan: Right now?

Andrea: Right now!

Alan: Hehe! You want me to go get my little bottle of blue pills?

Andrea: Ahh, gee honey, I, ahh, have to meet, ahh, you know that guy, ahh, Keith Ober-somthing or other. He, ahh, he needs to discuss that, ahh, meeting thing.

Alan: But snookie pants, it’s been four months! I’ve got all this pent up energy!

Andrea: You just put all that “extra energy” into rewriting that book of yours and we’ll see. Maybe after we do an interview on 60 Minutes!

Alan: But wouldn’t you want me to have the interview on your own network? With that Keith Ober-whac-a-ma-call-it?

Andrea: Are you kidding? NOBODY with an IQ above 3 watches that idiot!

Alan: Well, you know best, cutie pootie.

Andrea: Alan, time for your meds again ...

14 posted on 09/17/2007 9:06:59 AM PDT by Mr. Jazzy (Very Proud Dad of LCpl Smoothguy242 USMC of 1/3 Marines, now fighting for freedom, on duty in Iraq.)
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To: George W. Bush

Angling for radicals left and right.


15 posted on 09/17/2007 9:12:46 AM PDT by listenhillary (millions crippled by the war on poverty....but we won't pull out)
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To: listenhillary

Economic security is an important issue for a nation and a culture.
Strong nations realize this and act in their interests.


16 posted on 09/17/2007 9:16:40 AM PDT by HereInTheHeartland (Never bring a knife to a gun fight, or a Democrat to do serious work...)
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To: listenhillary

Hey Alan!

SHADDUP!


17 posted on 09/17/2007 9:20:45 AM PDT by Uncle Miltie (I'm With Fred)
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To: listenhillary

Rush on this now...


18 posted on 09/17/2007 9:27:00 AM PDT by Miss Didi ("Good heavens, woman, this is a war not a garden party!" Dr. Meade, Gone with the Wind)
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To: Mr. Jazzy

your good, you should write for tv.


19 posted on 09/17/2007 9:30:41 AM PDT by ruthles (Just because you're paranoid, doesn't mean people aren't out to get you.)
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To: listenhillary

Greenspan has an agenda. A very elite one. Beware


20 posted on 09/17/2007 9:31:58 AM PDT by Revel
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To: thackney; listenhillary
I read the CNN article to support Clinton CNN Article

Greenspan praised former President Clinton and his attitude toward economic policies, saying, "either Clinton shared many of my views on the way the economic system was evolving and on what should be done, or he was the cleverest chameleon I'd ever encountered."

"Clinton was often criticized for inconsistency and for a tendency to take all sides in a debate, but that was never true about his economic policy," he wrote. "A consistent, disciplined focus on long-term economic growth became a hallmark of his presidency."

Greenspan said Clinton and former President Nixon were "by far the smartest presidents I've worked with."

21 posted on 09/17/2007 9:46:43 AM PDT by JimSEA
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To: listenhillary

To deny that oil was a factor would be disingenuous- to claim it was the driving factor would be . . . . . . disingenuous. To claim we would never use oil as a factor would be suicidal.


22 posted on 09/17/2007 9:51:48 AM PDT by trebb ("I am the way... no one comes to the Father, but by me..." - Jesus in John 14:6 (RSV))
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To: JimSEA
I read the CNN article to support Clinton

And no where in the article does he talk about Supporting Hillary or the current Democratic Party.

23 posted on 09/17/2007 10:08:52 AM PDT by thackney (life is fragile, handle with prayer)
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To: JimSEA

That exchange would make me ask why they had to almost brain Bill Clinton to get the welfare reform act passed.

Bill had a fired up Republican controlled congress to deal with. That fact plus the continued boom from the Reagan tax cuts led to Bill Clinton looking like a economic genius. Then there were the dot-com venture capitalists that were throwing money at the stupidest, nonsensical business plans in existence.

When I ask anyone about which specific economic policies that Bill Clinton was responsible for, I don’t get an answer. My answer is that he balanced the budget by ripping apart our military.

So how smart was he again?


24 posted on 09/17/2007 10:09:17 AM PDT by listenhillary (millions crippled by the war on poverty....but we won't pull out)
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To: listenhillary; SandRat; NormsRevenge; Grampa Dave; SierraWasp; blam; SunkenCiv; Marine_Uncle; ...
More help ....in looking stupid:

Democrats Lose the "Patriot" Game

25 posted on 09/17/2007 12:46:48 PM PDT by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: listenhillary

Indeed..HE would have done it for the oil...not referring to why Bush did it..The loony left did not bother to read.


26 posted on 09/17/2007 3:33:16 PM PDT by MEG33 (GOD BLESS OUR ARMED FORCES)
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To: Ernest_at_the_Beach
One could get rather comfortable in calling those on the left stupid. But we got a bunch of not so bright bulbs on the right also.
At any rate. Anyone who has followed world events of recent times surely cannot deny that oil was not a part of the equation.
Saddam was a near perfect image of Stalin in so many ways. Domination was his game and selling nukes to goons was his aim, along with a varied assortment of other goals.
27 posted on 09/17/2007 6:49:22 PM PDT by Marine_Uncle (Duncan Hunter for POTUS)
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To: Ernest_at_the_Beach; AdmSmith; Berosus; Convert from ECUSA; dervish; Fred Nerks; KlueLass; ...

Thanks E.


28 posted on 09/17/2007 10:01:32 PM PDT by SunkenCiv (Profile updated Wednesday, September 12, 2007. https://secure.freerepublic.com/donate/)
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To: listenhillary
Well the left has already had premature emissions over Greenspan’s words.

And the MSM made it sound as if he said the complete opposite.

29 posted on 09/17/2007 10:07:23 PM PDT by Cementjungle
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To: Steve_Seattle

Very late response. When I said Greenspan was right that the conflicts were about oil, it was not said from the leftist stupid position that we are evil because we wish to secure our oil supply.

The world economy could easily be manipulated by letting China, Russia or nuts with nukes decide how much oil will be available to the world market.


30 posted on 09/20/2007 3:47:29 AM PDT by listenhillary (millions crippled by the war on poverty....but we won't pull out)
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; blueyon; Convert from ECUSA; dervish; ...
Thanks listenhillary.
saying that while securing global oil supplies was "not the administration's motive," he had presented the White House with the case for why removing Hussein was important for the global economy. "I was not saying that that's the administration's motive," Greenspan said in an interview Saturday, "I'm just saying that if somebody asked me, 'Are we fortunate in taking out Saddam?' I would say it was essential."

31 posted on 09/22/2010 4:35:44 PM PDT by SunkenCiv (Democratic Underground... matters are worse, as their latest fund drive has come up short...)
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To: listenhillary

The title got me excited (even though correct) I thought they meant Hussein Obama.


32 posted on 09/22/2010 4:38:27 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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