Alan Greenspan And Iraq War
|
Alan Greenspan was the head of the US Federal Reserve for 18 years. He was appointed by Ronald Reagan in 1987. He is widely admired as one of the leading Republican economists and his words have always had the tendency to sway the world markets.
|
|
He surprised the U.S. and the world by openly declaring that the Iraq war was mostly about oil. In his memoir, Greenspan has severely criticized President George W Bush on his foreign policies and has provoked controversy by claiming that the 2003 Iraq invasion was large about oil.
Greenspan believes that Saddam Hussein posed a threat to the security of oil supplies in the Middle East. He claims this in his memoir entitled In The Age of Turbulence: Adventures in a New World.
He has further criticized George W Bush for abandoning fiscal constraint and he praised former president Bill Clinton for his anti-deficit policies during the 1990s and he labeled Clinton’s policies as an act of political courage.
Alan Greenspan has shaken the White House by openly claiming that the prime objective of the Iraq war was oil, and many believe that Greenspan, once the most powerful banker of world, has hit the nail on the head.
Greenspan’s comments on the Iraq war come close after a survey conducted on Iraqis. This survey claims nearly 1.2 million Iraqis have died because of the Iraq war and this figure is quite close to a survey conducted by Lancet in 2006. Many anti-war campaigners have claimed that more than 1 million civilians in Iraq have died because of the Iraq war but this figure is not accepted by the U.S. and UK governments.
United States of American and Britain have always insisted that the war in Iraq had nothing to do whatsoever with oil. George W Bush said that the pre-emptive strike against Iraq was done to disarm the country of weapons of mass destructions and the end Saddam Hussein’s support for terrorism.
|
