Jonah Goldberg: Bashing Bush with Greenspan
"Greenspan claims that the quote was taken out of context. Greenspan called the Post -- Bob Woodward, no less -- to say that, in fact, he didn't think the White House was motivated by oil. Rather, he was. A Post story Monday explained that Greenspan had long favored Saddam Hussein's ouster because the Iraqi dictator was a threat to the Strait of Hormuz, through which much of the world's oil passes every day. Hussein could have sent the price of oil way past $100 a barrel, which would have inflicted chaos on the global economy."
"Greenspan claims that the quote was taken out of context. Greenspan called the Post -- Bob Woodward, no less -- to say that, in fact, he didn't think the White House was motivated by oil. Rather, he was. A Post story Monday explained that Greenspan had long favored Saddam Hussein's ouster because the Iraqi dictator was a threat to the Strait of Hormuz, through which much of the world's oil passes every day. Hussein could have sent the price of oil way past $100 a barrel, which would have inflicted chaos on the global economy."
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