Ex-Chairman of the FED Greenspan proposes that the war in Iraq is about oil
Ex FED Chairman Alan Greenspan is making the rounds on the television circuits to promote his new book. In one of these interviews he stated that he was not against the war in Iraq. He did not feel that it had anything to do with Weapons of Mass Destruction instead it was about the expansion of radical regimes and the control of the straights of Hormutz. Paraphrasing, a country could shut off 11 billion barrels a day of oil to the western world changing the world as we know it.
He felt that this was the real reason for the war. He also stated that the Administration could not present a case for war based on this premise because of the President’s and the Vice President’s ties to the oil industry. I have always believed that the war had nothing to do with WMD. I felt it was highly improbable that we could have been so wrong about their capabilities. I did not believe however that this had anything to do with oil because any reasonable man would have understood that the cost in blood and treasure would have been significantly higher than any losses suffered by the oil industry.
Mr. Greenspan may believe that war is worth protecting America’s future. Perhaps Russia and China feel the same way. I do not believe that taking away someone’s free will to act over their own resources can be excused with our future economic survival. I guess the lives of thousands of Iraq’s citizens and thousands of US soldier’s is less important than EXXON’s profit margin. While we cannot change what has been done we can tax the oil companies to pay for their war.
Our economic way of life could easily have been protected without going to war. We have not made significant progress in energy generation because oil has been so cheap and corporations have lobbied against alternative energy development. It is time that we make energy independence a primary goal. Independence can only come from non-petroleum based solutions.
This is our country. It must represent who we are. We have delegated the management of our image and culture to corrupt politicians and corporate America for too long. If we allow the decadence to continue we will lose our place in history and become relegated to obscurity of a nation that squandered its inheritance. We must be the best nation in the world based on principles not because we have better missiles. Remember every day there is someone bigger, stronger and more intelligent. We must be great because we work hard, are honest and can gain consensus.
Tags: Government Politics Iraq Corporate America Finance Illegal Immigration Economy Reaganomics
He felt that this was the real reason for the war. He also stated that the Administration could not present a case for war based on this premise because of the President’s and the Vice President’s ties to the oil industry. I have always believed that the war had nothing to do with WMD. I felt it was highly improbable that we could have been so wrong about their capabilities. I did not believe however that this had anything to do with oil because any reasonable man would have understood that the cost in blood and treasure would have been significantly higher than any losses suffered by the oil industry.
Mr. Greenspan may believe that war is worth protecting America’s future. Perhaps Russia and China feel the same way. I do not believe that taking away someone’s free will to act over their own resources can be excused with our future economic survival. I guess the lives of thousands of Iraq’s citizens and thousands of US soldier’s is less important than EXXON’s profit margin. While we cannot change what has been done we can tax the oil companies to pay for their war.
Our economic way of life could easily have been protected without going to war. We have not made significant progress in energy generation because oil has been so cheap and corporations have lobbied against alternative energy development. It is time that we make energy independence a primary goal. Independence can only come from non-petroleum based solutions.
This is our country. It must represent who we are. We have delegated the management of our image and culture to corrupt politicians and corporate America for too long. If we allow the decadence to continue we will lose our place in history and become relegated to obscurity of a nation that squandered its inheritance. We must be the best nation in the world based on principles not because we have better missiles. Remember every day there is someone bigger, stronger and more intelligent. We must be great because we work hard, are honest and can gain consensus.
Tags: Government Politics Iraq Corporate America Finance Illegal Immigration Economy Reaganomics
Labels: Corporations, Corruption, Lying Politicians, Terrorism, Trade Agreements, War
posted by Small Business USA at 6:29 AM
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