Monday, September 17, 2007

Greenspan Clarifies

Alan Greenspan, the former Federal Reserve chairman, said in an interview that the removal of Saddam Hussein had been "essential" to secure world oil supplies, a point he emphasized to the White House in private conversations before the 2003 invasion of Iraq..........."I was not saying that that's the administration's motive," Greenspan said in an interview Saturday, "I'm just saying that if somebody asked me, 'Are we fortunate in taking out Saddam?' I would say it was essential..............Given that, "I'm saying taking Saddam out was essential," he said. But he added that he was not implying that the war was an oil grab."