Monday, 17 September 2007

Greenspan & Iraq

Alan Greenspan, 18 years as head of the US Federal Reserve, has hit the headlines by his declaration that the Americans are in Iraq because of oil. Funny thing about this is not that it’s a revelation, but that someone commanding Greenspan’s respect has made the “but the king’s got no clothes” statement.

And he’s a died-in-the-wool Republican!

I guess that means that we’re in Iraq also because of the oil – our foreign policy decisions seem to emanate from Washington. There are many Australians who didn’t need Alan Greenspan to state the bleeding obvious.

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A Pinch of Common Sense

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