TRUTH BE TOLD

Alan Greenspan claims Iraq war was really for oil

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 Greenspan, a Republican whose had an 18-year tenure as head of the US Federal Reserve, aired his views on the 2003 Iraq invasion:
“I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil,” he says.
Greenspan, 81, is understood to believe that Saddam Hussein posed a threat to the security of oil supplies in the Middle East.

THE LIST GROWS ... 5 July 2007

Australia 'has Iraq oil interest'

Australian Defence Minister Brendan Nelson has admitted that securing oil supplies is a key factor behind the presence of Australian troops in Iraq.
He said maintaining "resource security" in the Middle East was a priority.
But PM John Howard has played down the comments
The remarks are causing heated debate as the US-led Iraq coalition has avoided linking the war and oil.