Thursday-Sep-9-2010
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Quotes of the month:

We should FIGHT for our HUMAN RIGHTS , but not FIGHT to KILL someone elses RIGHTS! "
Chris A.

"Those who chase money never seem to catch up to it. Those who chase performance, money catches up to them."
Author unknown.


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EDITORIALS



ALAN GREENSPAN CLAIMS IRAQ WAR WAS REALLY FOR OIL: NOT TERRORISM

Graham Paterson
Greenspan on the 'irresponsible' Bush

AMERICA’s elder statesman of finance, Alan Greenspan, has shaken the White House by declaring that the prime motive for the war in Iraq was oil.

In his long-awaited memoir, to be published tomorrow, Greenspan, a Republican whose 18-year tenure as head of the US Federal Reserve was widely admired, will also deliver a stinging critique of President George W Bush’s economic policies.

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.


Fed veteran Greenspan lambasts George W Bush on economy
Former chairman of the Federal Reserve critical of President’s economic competence in his memoir published tomorrow

Background
Power, not oil, Mr Greenspan
Greenspan on US Presidents, the economy and Iraq
Greenspan claims Iraq war was really for oil
Greenspan, 81, is understood to believe that Saddam Hussein posed a threat to the security of oil supplies in the Middle East.

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.



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