Alan Greenspan

Grease is the word

Well, so much for finding a pony in there somewhere with Allie G:

Greenspan, who wrote in his memoir that “the Iraq War is largely about oil,” said in a Washington Post interview that while securing global oil supplies was “not the administration’s motive,” he had presented the White House before the 2003 invasion with the case for why removing the then-Iraqi leader was important for the global economy.

“I was not saying that that’s the administration’s motive,” Greenspan said in the interview conducted on Saturday. “I’m just saying that if somebody asked me, ’Are we fortunate in taking out Saddam?’ I would say it was essential.”

Let’s hear it for the power of the human subconscious, which enabled Bush to invade a country without any awareness of his mission’s main purpose!

It was essential to steal the oil from a sovereign nation. It wasn’t, however, essential to make large and urgent investments in renewable energy. What good would it do us to develop a lucrative new industry, save the environment, and reduce our reliance on Middle East oil? None at all, you dirty hippie dumbass.

Thank God it was Greenspan protecting the long-term strength of the dollar:  Read more 

Money quotes

When will the media stop using “Conservative” (and especially “fiscal conservative”) to describe Republicans? At least Alan Greenspan has given up that old canard:

WASHINGTON - Former Federal Reserve Chairman Alan Greenspan, in his upcoming book, bashes President Bush for not responsibly handling the nation’s spending and racking up big budget deficits….

“My biggest frustration remained the president’s unwillingness to wield his veto against out-of-control spending,” Greenspan wrote.  Read more 

Andrea Mitchell: The Poll Dancer

On Monday, Mrs. Greenspan was full of shit as per usual when she said that most Americans wanted Scooter Libby pardoned. Actually 18% wanted him pardoned according to a CNN poll released that same day, but I guess that is just being a stickler for details.  Read more