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September 16, 2007 at 18:32:49

Greenspan Misses Cheney's Memo: Spills the Beans on Oil

by Ray McGovern     Page 2 of 3 page(s)

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Greenspan’s indiscreet remark adds to the abundant evidence that Iraq oil, and not weapons of mass destruction, was the priority target long before the Bush administration invoked WMD as a pretext to invade Iraq. In the heady days of “Mission Accomplished,” a week after the president landed on the aircraft carrier, then-deputy defense secretary Paul Wolfowitz virtually bragged about the deceit during an interview. On May 9, 2003, Wolfowitz told Vanity Fair:

“The truth is that for reasons that have a lot to do with the U.S. government bureaucracy, we settled on the one issue that everyone could agree on, which was weapons of mass destruction as the core reason...”



That was seven weeks after the invasion; no weapons of mass destruction had been found; and Americans were growing tired of being told that this was because Iraq was the size of California. Eventually, of course, Wolfowitz’ boss Rumsfeld was forced to concede, as he did to me during our impromptu TV debate on May 4, 2006: “It appears that there were not weapons of mass destruction there.”

But three years before, during that heady May of 2003 when all else seemed to be going along swimmingly, the inebriation of apparent success led to another glaring indiscretion by Wolfowitz. During a relaxed moment in Singapore late that month, Wolfowitz reminded the press that Iraq “floats on a sea of oil,” and thus added to the migraine he had already given folks in the White House PR shop.

But wait. For those of us absorbing more than FOX channel news, the primacy of the oil factor was a no-brainer. The limited number of invading troops were ordered to give priority to securing the oil wells and oil industry infrastructure immediately and let looters have their way with just about everything else (including the ammunition storage depots!). Barely three weeks into the war, Rumsfeld famously answered criticism for not stopping the looting: “Stuff happens.” No stuff happened to the Oil Ministry.

Small wonder that, according to O’Neill, Rumsfeld tried hard to dissuade him from writing his book and has avoided all comment on it. As for Greenspan’s book, Rumsfeld will find it easier to dodge questions from the Washington press corps from his sinecure at the Hoover Institute at Stanford.

Eminence Grise...or Oily

The other half of what Col. Larry Wilkerson, Colin Powell’s former chief of staff at the State Department, calls the “Cheney-Rumsfeld cabal” is still lurking in the shadows. What changed Cheney’s mind toward Iraq from his sensible attitude after the Gulf War when, as defense secretary, he defended President George H. W. Bush’s decision not to attempt to oust Saddam Hussein and conquer Iraq? Here is what Cheney said in August 1992:

“...how many additional American casualties is Saddam worth?...not that damned many. So I think we got it right...when the president made the decision that we were not going to go get bogged down in the problems of trying to take over and govern Iraq.”

Cheney’s rather transparent remarks as CEO of Halliburton in autumn 1999 suggest what lies behind the cynical exploitation of genuine patriotism to recruit throwaway soldiers to trade for the chimera of control over the oil in Iraq:

“Oil companies are expected to keep developing enough oil to offset oil depletion and also to meet new demand...So where is the oil going to come from? Governments and the national oil companies are obviously in control of 90 percent of the assets. Oil remains fundamentally a government business. The Middle East with two-thirds of the world’s oil and the lowest cost is still where the prize ultimately lies.”

Not only Cheney, but also many of the captains of the oil industry were looking on Iraq with covetous eyes before the war. Most people forget that the Bush/Cheney administration came in on the heels of severe shortages of oil and natural gas in the U.S., and the passing of a milestone at which the United States had just begun importing more than half of the oil it consumes. One oil executive confided to a New York Times reporter a month before the war: “For any oil company, being in Iraq is like being a kid in F.A.O. Schwarz.”

Canadian writer Linda McQuaig, author
of It's the Crude, Dude: War, Big Oil, and the Fight for the Planet (2004), has noted that decades from now it will seem to everyone a real no-brainer. Historians will calmly discuss the war in Iraq and identify oil as one of the key factors in the decision to launch it. They will point to growing US dependence on foreign oil, the competition with China, India, and others for a share of the diminishing world supply of this precious, nonrenewable resource, and the fact that Iraq "floats on a sea of oil.” It will all seem so obvious as to provoke little more than a yawn.

Other Factors Behind the Invasion

There were, to be sure, other factors behind the ill-starred attack on Iraq—the Bush administration’s determination to acquire large, permanent military bases in the area outside of Saudi Arabia, for one. But that factor can be viewed as a subset of the energy motivation—the need to have substantial influence over the extraction and disposition of the oil in Iraq. In other words, the felt need for what the Pentagon prefers to call “enduring” military bases in the Middle East is a function of its strategic importance which, in turn, is a function—you guessed it—of its natural resources. Not only oil, but natural gas and water as well.

I find the evidence persuasive that the other major factor in the Bush/Cheney decision to make war on Iraq was the misguided notion that this would make that part of the world safer for Israel. Indeed, the so-called “neo-conservatives” still running U.S. policy toward the Middle East continue to have great difficulty distinguishing between what they perceive to be the strategic interests of Israel and those of the United States. And in my view, they show themselves extremely myopic on both counts.

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Ray McGovern works with Tell the Word, the publishing arm of the ecumenical Church of the Saviour in Washington, DC. During his 27-years as a CIA analyst, he chaired NIEs: he is now on the Steering Group of Veteran Intelligence Professionals for Sanity (VIPS).

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I am a simple man of eclectic interests and tastes with no particular academic credentials. I still perceive, think, read and write somewhat. Writing music is a hobby of mine

banned for abusive email to an editor

"Hoss" David P.I am a simple man of eclectic interests and tastes with no particular academic credentials. I still perceive, think, read and write somewhat. Writing music is a hobby of mine

banned for abusive email to an editor

It's About The money

Mr. Greenspan is doing a diversion.

It's really about the Globalist Banking syndicate being in control of the value of the currency.

The value of the currency is the primary means of enforcing the class system.

Saddam Hussien threatened the ability of the Globalist Banking syndicate's ability to use the controlled supply of oil to manipulate the price. He did so by selling oil under the table. Thus bypassing the rigged, speculative so called Open markets where the Price of crude is pegged.

It's Ironic the Saddam was punished for allowing a true free market to exist for awhile.

Yes, Iraq is all about the OIL, but I doubt that Mr. greenspan is truly prepared to publicly say exactly why.

This goes deeper than just the Petro Dollar.

It cuts through every artificially created and maintained Social Economic distinction that most simply take for granted as reality.

It's not. A natural order of things would look a lot different.

by "Hoss" David P. (51 articles, 5 quicklinks, 14 diaries, 339 comments) on Monday, September 17, 2007 at 3:33:26 PM
 

 

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