16 Sep 07
The principle reason for the US going to war was to secure the Iraqi oilfields.
http://www.timesonline.co.uk/tol/news/world/article2461214.ece
...according to the guy who really ran the US economy for nearly 20 years.
I cannot believe I have been so utterly duped. I thought it was all about Saddam's stockpiling of WMD & his lack of compliance with UN resolution after UN resolution.
16 Sep 07
Originally posted by SquelchbelchWhat was the prinicial reason in 1991 Desert Storm? The same ?
The principle reason for the US going to war was to secure the Iraqi oilfields.
http://www.timesonline.co.uk/tol/news/world/article2461214.ece
...according to the guy who really ran the US economy for nearly 20 years.
I cannot believe I have been so utterly duped. I thought it was all about Saddam's stockpiling of WMD & his lack of compliance with UN resolution after UN resolution.
16 Sep 07
Originally posted by SquelchbelchPerhaps you are now being duped by Greenspan who is trying to sell his book.
The principle reason for the US going to war was to secure the Iraqi oilfields.
http://www.timesonline.co.uk/tol/news/world/article2461214.ece
...according to the guy who really ran the US economy for nearly 20 years.
I cannot believe I have been so utterly duped. I thought it was all about Saddam's stockpiling of WMD & his lack of compliance with UN resolution after UN resolution.
16 Sep 07
1 edit
Originally posted by SquelchbelchUnfortunately, Allan Greenspan has a political Axe to grind with the Bush administration, actually its more like revenge. George Bush forced him out of his job as Federal Reserve chairman that he held for nearly 20 years and one that he thought was going to be his until he took his last breath on Earth. Being the Ivy League elitist that he was, he thought only he was capable of determing the course of the US economy through his fiscal policies. But his overwhelming fear of inflation and tight money policies finally caused the termination of his career. Greenspan thought he was a J Edgar Hoover type figure in government and was untouchable, somebody finally showed him that everyone can be replaced.
The principle reason for the US going to war was to secure the Iraqi oilfields.
http://www.timesonline.co.uk/tol/news/world/article2461214.ece
...according to the guy who really ran the US economy for nearly 20 years.
I cannot believe I have been so utterly duped. I thought it was all about Saddam's stockpiling of WMD & his lack of compliance with UN resolution after UN resolution.
So this is his way at getting back at his former boss. And of course, he knows that there is that segment of the population of the world that already believes that bilge, so he is stoking the fires for the sale of his book. And we all know, no one would ever do such a thing. right?
After all, there are those who still think the terror act was arranged by Israelis and the President, so they will eat up this BS that Greenspan is serving up.
And he gets their money in the process. A sweet deal for him indeed!
16 Sep 07
Originally posted by SMSBear716Thankyou for that explanation.
Unfortunately, Allan Greenspan has a political Axe to grind with the Bush administration, actually its more like revenge. George Bush forced him out of his job as Federal Reserve chairman that he held for nearly 20 years and one that he thought was going to be his until he took his last breath on Earth. Being the Ivy League elitist that he was, he thought ...[text shortened]... Greenspan is serving up.
And he gets their money in the process. A sweet deal for him indeed!
You have fully restored my faith in the Bush administration.
🙂
16 Sep 07
Originally posted by SquelchbelchNot my motive to restore your faith... simply making an assesment of Mr Greenspan's motivation, Also, in his book he attacks nearly everyone of the President's economic policies. Of course thanks to him and his current set of econmic advisors, the US has had the lowest unemployment rate in decades and a robust economy.
Thankyou for that explanation.
You have fully restored my faith in the Bush administration.
🙂
So you take Mr. Greenspan's words anyway you chose, he is entitled to his opinion and you have a right to yours. But the guy is just a plain bitter old man who is mad at the guy who fired him (actually the Federal Reserve is made up of a group of economy geeks who thought his policy was passe and it was time for him to go, they recommended that he go)
16 Sep 07
Originally posted by Squelchbelchsquelchbelch, gascraft, stang ... pick one ...
The principle reason for the US going to war was to secure the Iraqi oilfields.
http://www.timesonline.co.uk/tol/news/world/article2461214.ece
...according to the guy who really ran the US economy for nearly 20 years.
I cannot believe I have been so utterly duped. I thought it was all about Saddam's stockpiling of WMD & his lack of compliance with UN resolution after UN resolution.
16 Sep 07
Originally posted by SquelchbelchIn some places, even in Texas some areas the housing market is doing great. Other areas its been stagnant for two years. Part of the problem at least in this area is some banks giving loans to illegal immigrants and then they can't pay the mortgage.
Isn't there a credit & housing market slump going on over there at the moment?