Greenspan Behind 'Oil' War

Alan GreenspanFormer Fed Chairman Alan Greenspan has some harsh words for the Republican party in his new autobiography, words that I hope the Republicans listen to. Although I haven't read the book yet, apparently the former Ayn Rand disciple states quite clearly that the Republicans deserved to lose the majority in Congress in 2006 because it had abandoned its fiscal conservative roots. No argument here -- that's my position as well. But another tale from the book has garnered attention over the past few days -- Greenspan's claim that the Iraq war was, in fact, all over oil.

The media reports of Greenspan's statements make it sound as if behind closed doors, oil was the reason for the Iraq War, instead of one of many. In fact, as the Joint Resolution to Authorize the Use of United States Armed Forces Against Iraq states, there were many reasons for the Iraq War, not just WMDs. Primary among them was that "Iraq both poses a continuing threat to the national security of the United States and international peace and security in the Persian Gulf region." Take away Middle East oil and the world's economy grinds to a halt. Like it or not, unless nuclear powered cars are just a few years away, maintaining safe and affordable oil supplies from the Middle East is in our country's national security interest -- and will be, for decades to come.

Today there's an article in the Washington Post, Greenspan: Ouster Of Hussein Crucial For Oil Security, which seeks to clarifies the claims about oil that Greenspan made in his book. He explains his statement by saying that oil, in fact, wasn't the reason behind the war. Ex-Chairman Greenspan then goes on to say that if it was a reason for the war, it was because it was he who lobbied the administration on it:
Greenspan, who was the country's top voice on monetary policy at the time Bush decided to go to war in Iraq, has refrained from extensive public comment on it until now, but he made the striking comment in a new memoir out today that "the Iraq War is largely about oil." In the interview, he clarified that sentence in his 531-page book, saying that while securing global oil supplies was "not the administration's motive," he had presented the White House with the case for why removing Hussein was important for the global economy. "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."
Pretty interesting stuff. I wonder how Andrea Mitchell feels about this?

Democrats vs. Republicans

For almost one year, I have been contributing to "The Stump" as a blogger. Throughout that time, I worked hard to try to see things impartially. I clearly failed. After one year of analyzing and dissecting the news, I cannot understand how people could have bought into President Bush's policies and especially, his decision to attack Iraq.

Sure, Saddam Hussein was a horrible guy but there are plenty more like him in the world. Some are allies. The surprise is that good honest people who care about America, really believe that we should have preemptively attacked Iraq. To me, the evidence was clear, Saddam had nothing to do with the 9/11 attack. However, the Bush spin machine convinced the majority of Americans that it did.

A number of Republicans within the administration spoke out against the war. They were ridiculed and described as unpatriotic. Now, Alan Greenspan has spoken. He is a lifetime Republican. He believes that the war was for oil. He believes that the party that was suppose to balance the budget and bring fiscal sanity to Washington, spent money excessively to win elections. And who does he think did a great job as president? None other than Bill Clinton.


Continue reading Democrats vs. Republicans

Possible New Attorney General?

According to the AP, it would appear that President Bush may have settled on his choice for Attorney General and it is possibly (nothing is official yet) Michael Mukasey. Bush's previous top choice was the former solicitor general Theodore Olsen, the man who had become famous for successfully representing Bush before the Supreme Court in 2000 to settle the contesting of the presidency. Olsen's name, however, was pulled off the table after Democrats in the Senate threatened to block the nomination.

Mukasey would replace Alberto Gonzales, an Attorney General whose tenure was not exactly a dynamic one. In fact, many grass roots conservatives were happy to see him go as they generally considered him a fairly weak Attorney General without a clear agenda.

Mukasey is a moderate and would probably be more acceptable to the Senate, although there is some grumblings in the conservative base about his possible selection. Generally, the conservative base is lukewarm about moderates in positions of power, but there needs to be a bowing to reality on this issue. Without the votes to successfully confirm a candidate, the candidate will not be confirmed. This process of Senate confirmation was devised by the founding fathers as a means to limit executive powers and that is the way the system works.

When Greenspan Talks, People Listen

Wow. Alan Greenspan's memoir is being previewed and George W. does not come out well. Remember, Greenspan is a life long Republican and a revered voice in financial circles. He was optimistic when his friends were elected.
When Bush and Cheney won the 2000 election, Greenspan writes, "I thought we had a golden opportunity to advance the ideals of effective, fiscally conservative government and free markets. . . . I was soon to see my old friends veer off to unexpected directions."
Here's what he's saying now about the Bush administration:
"Little value was placed on rigorous economic policy debate or the weighing of long-term consequences." The large, anticipated federal budget surpluses that were the basis for Bush's initial $1.35 trillion tax cut "were gone six to nine months after George W. Bush took office." So Bush's goals "were no longer entirely appropriate. He continued to pursue his presidential campaign promises nonetheless."
Smack down and he's only getting warmed up. Tell us how you really feel Alan.
By the end of last year, Greenspan writes with some bitterness, Washington was "harboring a dysfunctional government. ... Governance has become dangerously dysfunctional."
This from Alan Greenspan, never considered a radical. He worked with whoever was in office. He apparently appreciated Bill Clinton's ability to digest facts and face economic reality but pretty much says President Bush is the worst president ever. Now, I'm no Greenspan fan myself but we have found something to agree on here. The national debt has escalated faster than Republicans can send more brigades to the endless war. History will not be kind to this reckless cowboy and Greenspan is probably just the start. Worst President Ever, not the heroic cardboard cutout the Pretender sports.

Dealing With the Mortgage Crisis

"We've got a role, the government has got a role to play -- but it is limited."

These were the words of President Bush when he issued a public statement regarding potential bailouts to those who are suffering from a mortgage foreclosures. In short, the president is offering to help, but he will not go so far as to provide a bailout.

There are two sides to the coin of the mortgage foreclosure controversy: those who borrowed far beyond their means and are now buried under debt and those who were victims of predatory lending that goaded them into signing loans they could not afford. Regardless of how the borrowers found themselves in the position they are in the fact remains the situation has reached critical mass and borrowers are looking for the government to help.

Bush, along with Federal Reserve Chairman Ben Bernanke, have made a pledge to homeowners they will provide the help that has been asked for. According to the Washington Times, the help may come in the form expanding "Federal Housing Administration insurance for subprime borrowers, which would assist about 80,000 mostly low-income and minority households facing foreclosure." Whether or not this will prove to be enough remains to be seen, but it is a step in the right direction.

George Bush = Harry Truman?

I was going to write about the NIE report that says Iraq is getting far worse not far better, or the upcoming GAO report which says the Iraqis have met 3 out of 18 benchmarks. But then I saw that Karl Rove is still planting the suggestion that his boss buddy is the equivalent of Harry Truman and that it's just the fault of the media for not seeing it.

Let's get this straight. The guy whose desk has never seen a buck even drift by is being compared to Truman? No one in this administration can say the words "I messed up," "I take responsibility." If Bush & Cheney wanted to take responsibility for the disasters they have created they would resign in a heartbeat. Rove calls Bush a man of moral clarity. I guess that means invading countries on trumped up charges is clear. Continuing to make the same mistakes year after year is clear. Spying on Americans for exercising Constitutional rights is clear. Torture is clear. Encouraging obscene profit making by HMO's and other corporate elite is fine and dandy while the middle class gets killed is clear. No-bid contracts are clear. Cutting a birthday cake and playing air guitar while a city drowns is clear. Cutting down forests while calling it a Clear Air program is clear. I could go on and on but Truman wouldn't.

The amount of whitewash it would take to remove the stain of the Bush Administration doesn't exist. History (if we get that far) will not treat this band of thugs, liars and crooks well. This is a kakistocracy beyond redemption. In a week the compliant media will start beating the war drum with Iran but I hope enough fearful Americans will not buy the abused car from these bums yet again (it would be the last car). We already know the Petraeus report will betray the truth once again. Everything is not fine and throwing more American and Iraqi lives away will not fix it. We blew it and going in and out of Baghdad with troops fixes absolutely nothing. George resembles Harry? Not even close.

Katrina, Two Years Later

Wednesday marked the two-year anniversary of Hurricane Katrina. The storm devastated the city of New Orleans, along with many other places on the Gulf Coast. John Edwards used New Orleans to launch his 2008 presidential campaign, while fellow Democratic hopefuls Sen. Chris Dodd and Gov. Bill Richardson criticized the Bush administration's response to Katrina during the South Carolina debate. President Bush spoke in New Orleans on Wednesday and sounded encouraging, but the situation seems anything but. Much of the city is still devastated, and tax breaks tied to Katrina are helping investors develop luxury football condos near the University of Alabama. Bob and Susannah discuss Katrina in the latest "Running Gags"!


Running Gags political cartoon

Merci to my muse for the idea...

Gonzales Still in Hot Water

Alberto GonzalesIf you thought that by resigning, Attorney General Alberto Gonzales would be putting an end to the relentless scrutiny of his shameful time in office, think again. But the continuing examination of the politicization of the Justice Department -- and justice itself -- as witnessed under Gonzales's guidance comes not from blood-thirsty Democrats eager to peel away still more scalp from the soon-to-be-former AG's cranium. No, this time the inquisitor is the Justice Department itself. From today's Washington Post:

The Justice Department's inspector general indicated yesterday that he is investigating whether departing Attorney General Alberto R. Gonzales gave false or misleading testimony to Congress, including whether he lied under oath about warrantless surveillance and the firings of nine U.S. attorneys.

The disclosure by inspector General Glenn A. Fine in a letter to Congress signals an expansion of the department's internal investigations into Gonzales's troubled tenure, probes that were not previously known to be focusssed so sharply on the attorney general and his testimony.

Hundreds of questionnaires have been sent out to former DOJ employees asking about improper questions they were asked during their interviews that seemed designed to ensure that only the most loyal of loyal Bushies were hired. In fact, the Inspector General is looking into a whole lot of questions involving Mr. Gonzales's improper, and potentially illegal, activities.

Loyal Bushies can continue to try and console themselves with the mantra, "U.S. attorneys serve at the pleasure of the president!" But the fact remains that Gonzales is in no way out of hot water, whether he has a job, or not.

Media to Begin Beating Iran War Drum Next Week

One of the things some bloggers do is review both the traditional media and the new media (mostly online). One thing I've noticed is the disconnect between TV's nightly news and the new media. By the time one watches the news at night what little there seems dated and offers little depth or analysis. There are warning signs of a possible bombing or war with Iran and yet there's barely a murmur from the traditional media. I certainly would prefer to be wrong but it's not just me. It's not a left or right issue.

There are foreign policy experts

Iran's actions threaten the security of nations everywhere. And that is why the United States is rallying friends and allies around the world to isolate the regime, to impose economic sanctions. We will confront this danger before it is too late.
Who said that? Bush on Aug. 28, 2007. What will be the threats we will be told about ? Iran's imminent nuclear capability/attack, links to 'terrorists', and attacking Americans in Iraq. Get ready for more of the same mushroom clouds, yellow cake weapons and terrorists. Facts be damned, this administration will stop at nothing. Of course, if this campaign to misinform the public is launched it can be challenged. But by whom and how? Follow below the flip for more analysis on more precisely who will launch and who might respond.

Continue reading Media to Begin Beating Iran War Drum Next Week

Bush Discusses China

On a recent trip to Australia, President Bush has acknowledged the international community's concern regarding China's recent massive military build up. Domestically, there has been a number of concerns in America regarding Chinese imports that seemingly ignore all manner of safety standards that have subjected the public to all sorts of health risks.

As noted in the AP, Bush has stated that he would be severely concerned about the military build up if China ever turned into a hostile power, but at this point there are good relations that exist between his administration and China. This was seemingly a reassurance to the public that China currently poses no threat. (Note: there is a massive U.S. Air Force and Naval presence in Asia that is there in part for the purpose of repelling a Chinese invasion of Taiwan, but Bush did not acknowledge this during his public address)

Public sentiment in America towards China is the worst it has been in decades mainly due to the harm that has befallen both humans and pets as a result of inferior products from China as well as a swelling anger about the loss of America jobs to China. The military build up has raised suspicions as well and China's implied threats about harming the U.S. economy has not endeared to the U.S. public. Only time will tell how all this plays out.

Report on Iraq is Negative

A recent Zogby poll has indicated that the public is once again slowly becoming more supportive of the war effort in Iraq. The poll reflected a 54% majority feel the surge is working. This is clear indication that public sentiment is changing as the security condition in Iraq continues to improvement. However, a recent GAO (Government Accountability Office) report indicates that congressionally mandated benchmarks on "political and military progress" are not being met.

According to the Washington Post, the forthcoming report indicates that while security has improved and attacks on military forces have been reduced (more than like this is the result of massive casualties inflicted on terrorists and insurgents), violence against civilians has remained constant and the overall ability to improve on the part of Iraqi security forces has been non-existent.

Will this undermine the Bush administration's attempt to boost public support for the war effort? It's hard to say. Ultimately, the greatest chance for swaying public opinion to a more supportive role rests almost exclusively upon General Petraeus' forthcoming September report. If Petraeus can put a human face on the sentiment that progress is being made and the war is winnable, he may be able to sway a decent amount of opinions barring no major catastrophes occur between now and then.

Why Is Bush Bowing to Mexico?

It's been clear since his first term that President Bush has a soft spot for Mexico. It became a serious issue during the debate on the "shamnesty" bill and his elitist attitude when he hit the blogosphere/talk radio brick wall that derailed it.

Now he's reached his nadir with his plan to allow Mexican trucks to cross the border and deliver anywhere in the United States beginning Saturday:

Teamsters leaders said they planned to seek an emergency injunction Wednesday from the Ninth Circuit U.S. Court of Appeals in San Francisco.

..."What a slap in the face to American workers, opening the highways to dangerous trucks on Labor Day weekend, one of the busiest driving weekends of the year," said Teamsters President Jim Hoffa.

..."Before providing unconditional access throughout the country to tens of thousands of big rigs we know little to nothing about, we must insure they meet safety and environmental standards," Sierra Club executive director Carl Pope said.

I actually agree with the Teamsters and the Sierra Club (an uncomfortable feeling to be sure). As one who lived in San Diego County for nearly ten years, you should see some of the vehicles that cross the border.

Another issue is that this truly is taking jobs from American workers and giving them to Mexicans. The status quo works just fine; the Mexicans haul the goods to the border, American drivers take over from there. It's worked for nearly a 25-years so why change? I'm not a big union supporter even though I am forced to work with them, but Hoffa has a point.

Continue reading Why Is Bush Bowing to Mexico?

GAO: U.S. Failing in Iraq

The Government Accountability Office report on Iraq was leaked to the press today. Why? Because there are some people out there who still care about the truth. Last week it was revealed that the White House plans to cleanse and buttress the Petraeus report before it sees the light of day, so someone at the GAO decided to preempt the president's media charade and make public what most of the public knows already. On the goals that Congress set out for progress in Iraq, only 3 of 18 have seen moderate success. Remember, these were all benchmarks that were supposed to have been met by now. From the report itself:
"While the Baghdad security plan was intended to reduce sectarian violence, U.S. agencies differ on whether such violence has been reduced," it states. While there have been fewer attacks against U.S. forces, it notes, the number of attacks against Iraqi civilians remains unchanged. It also finds that the "capabilities of Iraqi security forces have not improved."
In essence, we've been training the Iraqi army and police for, what, four years, and they still can't take control of their own country? But there's more:
"Overall," the report concludes, "key legislation has not been passed, violence remains high, and it is unclear whether the Iraqi government will spend $10 billion in reconstruction funds," as promised.
This is a report that is in draft form, soon to be watered down by the Defense Department. It finds little good news, and a whole lot of bad. If Iraq were a stock that you'd bought four years ago, you might, upon reading these findings, be tempted to cut your losses and sell.

Bush's Security Blanket

In 2004, President Bush carried around a security blanket, much like Linus in the Peanuts cartoons. In Bush's case, of course, I'm talking about the "security blanket" of the Justice Department (run by then-Attorney General John Ashcroft) and the Department of Homeland Security (run by then-Secretary Tom Ridge). All those Red, or Orange, or Chartreuse Alerts helped convince many Americans of how insecure our nation was in the wake of 9/11, and how much they needed Bush and his buddies to keep us safe.

Now the Democrats are taking away Bush's blanket. On Monday, Ashcroft's successor, Alberto Gonzales, resigned as attorney general. The Congress and the country are not so willing to go along with the president's policy anymore, and Gonzales' resignation shows this.

But can Democrats take a larger message from this? Can the 2008 hopefuls charge that the Bush Administration got too security-crazed and that we can abandon the wiretapping, the USA PATRIOT Act, Gitmo? A campaign ad for Sen. Barack Obama portrayed Obama's rival, Sen. Hillary Clinton, as hoping for a 1984-style state ... but will anyone call out the Bush administration for its 1984 tendencies, and say that they will never do the same?

Weapons Are Missing, Gen. Petraeus

Last week there were some initial reports of literally tons of weapons gone missing in Iraq. We've already had reports of missing billions from contractors, the million dollar postage fee for two washers (yes, two washers) and the no-bid contracts leading the sorry list of corruption and Republican cronyism. But losing tens of thousands of weapons, what the heck? Who was in charge?

Several federal agencies are investigating a widening network of criminal cases involving the purchase and delivery of billions of dollars of weapons, supplies and other materiel to Iraqi and American forces, according to American officials. The officials said it amounted to the largest ring of fraud and kickbacks uncovered in the conflict here.

Turns out none other than Gen. David Petraeus was in charge.

The inquiry has already led to several indictments of Americans, with more expected, the officials said. One of the investigations involves a senior American officer who worked closely with Gen. David H. Petraeus in setting up the logistics operation to supply the Iraqi forces when General Petraeus was in charge of training and equipping those forces in 2004 and 2005, American officials said Monday. There is no indication that investigators have uncovered any wrongdoing by General Petraeus, the top commander in Iraq, who through a spokesman declined comment on any legal proceedings.
That's right no crime found yet but some very close ties and no matter what, it happened on his watch. It's also important to look for clues in articles like this and there's one here
But now, American officials said, part of the criminal investigation is focused on Lt. Col. Levonda Joey Selph, who reported directly to General Petraeus and worked closely with him in setting up the logistics operation for what were then the fledgling Iraqi security forces.
This is just another in a serious of blunders, incompetency, and outright crookedness that is happening due to this administration's ignoring the laws and lining the pockets of not only their corporate friends but apparently giving arms away to people who are using them against our own troops. Perhaps we don't want to see how FUBAR this war is or perhaps we're just too scared to acknowledge it. We need to restore the Constitution, the balance of powers and Congressional oversight.

Next Page >

Coming Soon

Presidential Race News

    Politics Video

    Smitherman to run for Toronto mayor

    Smitherman to run for Toronto mayorSmitherman to run for Toronto mayor

    Corzine: May Be Retiring From Politics, Not Life

    Corzine: May Be Retiring From Politics,  Not LifeIn New Jersey, Republican Chris Christie defeated Democratic Governor Jon Corzine. The Republican victory deals a blow to President Barack Obama as he readies for next year's midterm elections. Obama campaigned heavily for Corzine. (Nov. 3)

    Analyst: Election Wasn't Referendum on Obama

    Analyst: Election Wasn't Referendum on ObamaLarry Sabato, director of the University of Virginia Center for Politics says Republican victories in New Jersey and Virginia was a failure for President Barack Obama's campaign efforts, but not a direct referendum on his job performance.

    Rebagliati will run

    Rebagliati will runSnowboarder Rebagliati slides into politics

    Snowboarder slides into politics

    Snowboarder slides into politicsSnowboarder Rebagliati slides into politics







    News Search
    AOL News

    Elections Blog

    Read the latest election news stories around the U.S. on AOL News. From congressional and gubernatorial elections to the latest local election results, we deliver the information you need.

    © 2009 AOL LLC. All Rights Reserved.
    AOL@News © 2009 AOL LLC. All Rights Reserved.
    BACK TO TOP
    Blogsmith