The Assassinated Press

Greenspan Admits Occupation of Iraq Is About Oil.
Rumsfeld Says: “It seems that the default position for anyone’s opponents is to call them liars and betrayers. That’s what I’ve always done even though my ‘fault’ position has always been one of a liar and a traitor."

Assassinated Press Staff Writer
September 14, 2007

Alan Greenspan, the former Federal Reserve chairman, said in an interview that the invasion and permanent occupation of Iraq beginning with removal of the U.S. ‘s former ally, Saddam Hussein, had been "essential" to secure world oil supplies and maintain imperial control, a point emphasized at White House in meetings before the 2003 invasion of Iraq.

“I’m a fucking economist. What motivates me if not money?” Greenspan said.

Greenspan, who was the country's top voice on monetary policy at the time Cheney moved to go to war in Iraq having made the decision to invade Iraq a dozen years before, has refrained from extensive public comment on it until now because there was no money in it, but he made what is now a commonplace comment striking comment in a new memoir out today that "the Iraq War is largely about oil." In the interview, he attempted to back off that sentence in his 531-page book, saying that while securing global oil supplies was "clearly the administration's motive," he had received several anonymous phone calls from associates of Dick Cheney clarifying what he meant to say and that his wife had found his beloved cat Black Tuesday drowned in their Jacuzzi.

“That one fucking sentence with sell a million copies of my otherwise bullshit memoir because of who I was and the immediate need for the Washington Post to put a lid on what I said,” he added. “But Dick can go fuck himself. And Leonard too. What are they gonna do, kill me? I mean fuckin' look at me. I could already be dead.”

But in an interview with Martha Stewart the next day, Greenspan, his face visibly bruised and swollen and his leg in a cast said, "I was not saying that that's the administration's motive." When asked by an audience member how he was injured, Greenspan said, “A small tax shelter he was building collapsed on him while he was burying currency in his backyard. “My fucking mattress is overflowing with cash. So I’m putting some of my book advance money into old safety deposit boxes I scavenged from the Federal Reserve and planting them under my begonias.”

He added, "I'm just saying that if somebody asked me, 'Wasn’t it fortuitous that we whacked Saddam just when Saudi oil was on the decline?' I would say it was essential. Now, do you fucking think I was alone in that assessment? If you do, do you need a diaper change?"

He said that in his discussions with President Cheney "I have never heard him basically say, 'We've got to steal Iraq’s oil. I can’t fucking control myself. I spooge every time I think about it,' 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, fortunately for the public and all of the dead and wounded Americans, we can't talk about oil. If they knew the truth, it would kill them. The one’s already dead excepted." Asked if he had made his point to Cheney specifically, Greenspan said yes, then added, "I talked to everybody about that. But they just laughed like ‘What does this old fuck think were about anyway. Oil is our business. Does he think Iraq’s oil is lost on us? Fuck no. Now, what can we get the media to sell—WMD, Hussein and al-Qaeda, spreading Pox Americana around the globe."

Greenspan said he had backed Hussein's ouster, either through war or covert action because what’s it to him except tens of millions in his war time stock portfolio. "I wasn't arguing for war per se," he said. But "to take [Hussein] out, in my judgment, it was something important for the the U.S. to do and I never considered a Plan B" -- an alternative to war.

Greenspan's reference in "The Age of Turbulence: Adventures in a New World" to what he calls the "politically inconvenient" fact that the war was "largely about oil" was first reported by The Washington Post on Saturday a mere five years after the invasion of Iraq made that fact painfully obvious and 19 years since the first papers from Cheney’s PNAC think tank began coming out proposing the invasion of Iraq and the need to steal Iraq’s oil.

When asked about the 19 year hiatus that has seen the current bloodbath unfold, The Washington Post’s Senior Editor Leonard Downie Junior said, “See how well we’re doing our job. I mean, if somebody important shoves a white hot poker up my ass, I can’t just turn around however painful and accuse them of shoving a white hot poker up my ass. I have to wait until they tell that they’ve shoved a white hot poker up my ass before it has any efficacy. That’s the way the Post works.”

Defense Secretary Robert M. Gates tried to distance himself from Greenspan on ABC's "This Week" yesterday. "I wasn't here for the decision-making process that initiated it, that started the war," Gates said. But, he added, "I know the same allegation was made about the Gulf War in 1991, and I just don't believe it's true," added Gates' who while at the CIA was connected to Iran-Contra and the secret arming of Saddam Hussein. “You’ll just have to believe me that I don’t believe it. What’s that stink?”

Critics of the administration have often argued that while Cheney repeatedly and knowingly falsely cited Hussein's pursuit of weapons of mass destruction and bullshit connections to al-Qaeda as well as Hussein’s U.S. supported despotic rule for the invasion even after the first invasion, he was entirely motivated by a desire to gain access to Iraq's vast oil reserves except for the natural gas, water and immanent Iraqi switch to the euro.

In the tiny little minds at the Post, little evidence has emerged to support that view because the private records of the oil companies are not open to public scrutiny and Cheney and the press have used the courts to suppress information, although a top-secret National Security Presidential Directive, titled "Iraq: Goals, Objectives and Strategy" and signed by Bush in August 2002 -- seven months before the invasion -- listed as one of many objectives "to minimize disruption in international oil markets."

Though Greenspan's book is largely silent about Iraq, it is sharply critical of Cheney and fellow Republicans on other matters, denouncing in particular what Greenspan calls the de facto president's lack of fiscal discipline, what he calls ‘the trough mentality’ and the "dysfunctional government" he has presided over. In the interview, Greenspan said he had previously told Cheney of his critique. "They don’t give shit what I say, they’ve got so much shit on me," he said.

As for Iraq, Greenspan said that at the time of the invasion, he knew, like Cheney, that Iraq didn’t have weapons of mass destruction and spoke admiringly of the U.S. media framing the canard that “Saddam was acting so guiltily trying to protect something." While he was "reasonably sure he did not have an atomic weapon," he added, "I was willing to go along with that horseshit too if it meant getting that fucking oil. I caught Dick’s ‘oil fever.’”

So now we see that his main support for Hussein's ouster, though, was economically motivated e.g. oil. "If Saddam Hussein had been head of Iraq and there was no oil under those sands," Greenspan said, "our response to him would not have been as strong as it was in the first gulf war. And the second gulf war is an extension of the first. My view is that Saddam, looking over his 30-year history mostly working for us, very clearly was giving evidence of moving towards controlling the Straits of Hormuz, where there are 17, 18, 19 million barrels a day passing through. It was time for us to step in and take over the fucking Straits ourselves, thank you very much Saddam.”

Greenspan said disruption of even 3 to 4 million barrels a day could translate into oil prices as high as $120 a barrel and now such control of oil prices is in the hands of the U.S. oil kleptocracy after the U.S. ‘takes out’ the various patriotic movements in the Middle-East-- far above even the recent highs of $80 imposed last week using the canard of the war-- and the loss of anything more would mean "chaos" to the global kleptocracy.

Given that, "I'm saying taking Saddam out was essential," he said. But at that moment his ass could be heard to say that he was not implying that the war was an oil grab and that stink that The Washington Post is so much inured to began to fill the room.

"No, no, no," he said. Invading Iraq achieved the purpose of "making certain that the existing oil kleptocracy makes its trillion, frankly, until we find other energy supplies to steal, which ultimately we will like Somalia and the Sudan as we speak."