Greenspan drops the bomb, says Iraq is about oil supplies

After so many years of having every single word he says pulled apart for meaning and context, there is very little doubt that Greenspan knows exactly what he's doing, writing in his new book, “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”

He's talking about the broader oil supply, not some plot to steal Iraq's oil, but still, he knows the impact that phrase will have. (He's trying to sell his book beyond the financial markets.)