Selective reporting on Greenspan

According to the Times of London, former Federal Reserve chairman Alan Greenspan has “shaken the White House” with a “stinging critique” that includes a claim that it went to war for oil:

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.

… Britain and America have always insisted the war had nothing to do with oil. Bush said the aim was to disarm Iraq of weapons of mass destruction and end Saddam’s support for terrorism.

Read other reports about it, however, such as that in the Wall Street Journal, or the Washington Post, and it turns out that Greenspan said securing global oil supplies was “not the administration’s motive.”

“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.”

So it turns out securing oil supplies and thwarting Saddam Hussein’s moves towards the Strait of Hormuz was the reason why Greenspan himself supported the first Iraq War. It turns out that he shared the administration’s view on Saddam Hussein’s weapons programmes and intentions. It turns out Greenspan’s actual beef with the current administration is big government, not “war for oil”.

It turns out you can’t believe a word the Times of London writes, because the primary purpose of its “news” reporting is bashing Bush. And you know, I actually think they’ll succeed: I’m starting to suspect Bush might not win the 2008 US elections.

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