It’s not all that surprising to see dumb people come up with some really boneheaded comments. But when I see people with an IQ I’d need an abacus to calculate come up with a truly jaw-dropping gem of stupidity, I’m stunned into speechlessness.

Well, not completely.

Enter Alan Greenspan, former chairman for almost 20 years of the U.S. Federal Reserve and BDS sufferer. In his new book, he opined that President Bush invaded Iraq because of oil. The UK Times sums it up.

However, it is his view on the motive for the 2003 Iraq invasion that is likely to provoke the most controversy. “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.

Britain and America have always insisted the war had nothing to do with oil. Bush said the aim was to disarm Iraq of weapons of mass destruction and end Saddams support for terrorism.

So Greenspan says we went into Iraq to get the oil. That would explain why we are swimming in all that oil we are pulling out of there.

Uh, really?

Dumb comment, Alan. Really dumb. If it were all about oil, how come Kuwait isn’t the 51st state? After kicking the Iraqis out in 1991, we essentially owned Kuwait. Had we chosen to make it ours in fact, no nation could have stopped us. And after having won Kuwait, we gave it back to the Kuwaitis. A decade later, we raced into Iraq and toppled Saddam’s regime. But the dust had barely settled when we were talking to the Iraqis about elections and their taking control back again. And while we are interested in getting the Iraqi oil fields up and running at capacity, we are buying the oil, not taking it.

So how again was the war largely about oil, Alan?

The sad part about Alan Greenspan’s comment is how they will add fuel to the fire of the 9/11 truthers who happily applaud any boneheaded belief stated by the dumb, the genius, and anyone in between.

UPDATE (9/17/2007 8:27:07 AM):I wrote this post last night and scheduled it to be posted this morning. And now I wake up to see that Alan Greenspan is spinning his comments, as reported in the LA Times:

Greenspan clarified his remarks in an interview with the Washington Post, telling the newspaper that although securing global oil supplies was “not the administration’s motive,” he had presented the White House with a case for why removing Hussein was important for the global economy.

“I was not saying that that’s the administration’s motive,” Greenspan said. “I’m just saying that if somebody asked me, ‘Are we fortunate in taking out Saddam?,’ I would say it was essential.”

He said that in his discussions with President Bush and Vice President Dick Cheney, “I have never heard them basically say, ‘We’ve got to protect the oil supplies of the world,’ but that would have been my motive.”

So, when he said “everyone knows” that we went into Iraq because of oil, he was attributing to “everyone” what he believed. That’s not a smart thing to do.

If that’s what he really believed, then why didn’t he make it clear in his book. That was his venue to make sure his story were properly presented to the world, and he muffed it. Again, that’s not a smart thing to do.

As I see it, he either did a poor job on his book, or his “clarification” is fancy backpedaling. Neither option reflects well on Alan Greenspan.

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