A Quote by Joseph Stiglitz
We are helping the people that [George W.]Bush says are evil. Teheran couldn't be happier about the high oil prices resulting from the Iraq war.
Related Quotes
The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.
I should have voted for the first Iraq war. George Bush did that one very well. I had been skeptical. I was afraid that George Bush was going to treat the first Iraq war the way his son treated the second.
As we head to war with Iraq, President Bush wants to make one thing clear: This war is not about oil. It's about gasoline.
I'm worried about people who say George W. Bush is lying. It's much more frightening that he's not lying, that he believes what he believes: that it's his mission to change the Middle East into a democracy. That's more unnerving. We'd be better off if the whole purpose of the adventure in Iraq was, say, to protect Israel or to protect the flow of oil to America and keep it at a reasonable price and try to get some more control. If it was about oil, going into Iraq, I guess, could have made sense.
You know George W. Bush is a war-time president, he says - proudly. Guess what. War is failure! When you are at war, you have failed! When you have gone to a war of choice and lied about it, you're a double-triple, triple-quadruple failure! Or a warlord. It's called a warlord in other countries. A war time president here. One man's ceiling I guess is another man's floor. George Bush is a warlord. He's a failure!
I hate to be the one to defend George Bush, but you have to be able to disconnect the professional George Bush from the personal George Bush. I know all the anti-war folks think he is a monster, but he is still a very personable, nice person.
When George Bush Senior [George HW Bush] was getting his alliance together to go into Iraq - to kick the Iraqis out of Kuwait - he rang me up. I was very close to George Bush Senior; I got to know him well as Vice President to Ronald Reagan. And George rang me up and said, "Oh, Bob," he said, "I'm having trouble with Brian [Mulroney]." He said, "He's got a big wheat trade with Iraq, and he doesn't want to upset that." I said, "You leave it with me."
There is a clear and strong link between the economy's present woes and the Iraq war. The war was at least one of the factors contributing to rising oil prices - which meant Americans were spending money on imported oil, rather than on things that would stimulate the american economy. Hiring Nepalese contractors in Iraq, moreover, doesn't stimulate the American economy in the way that building a school in America would do - and obviously doesn't have the long term benefits.
High prices can be the result of speculation, and maybe plunging prices can be attributed to the end of speculation, but low prices over time aren't caused by speculation. That's oversupply, mainly by Saudi Arabia flooding the market with low-priced oil to discourage rival oil producers, whether it's Russian oil or American fracking.
Lower oil prices won't, by themselves, topple the mullahs in Iran. But it's significant that, historically, when oil prices have been low, Iranian reformers have been ascendant and radicals relatively subdued, and vice versa when prices have been high.
The targets of George W. Bush's 'axis of evil' speech were not Iraq, Iran and North Korea. Those regimes don't need a State of the Union address to know where they stand with the Bush administration. The intended audience was elsewhere: in France, Russia and China.
When George W. Bush decided to save the American position in Iraq by going against the advice of all of his wise men, of Jim Baker and the whole Iraq Study Group, and 90% of his administration, that was George W. Bush's decision. So we have to bear in mind that this isn't an administration we're electing. It's a person that we are electing.
When President George W. Bush attempted to reform Social Security, that proposal was more unpopular with Americans than the Iraq war. People love their entitlements.
Genius, scholar, and war hero though he is, you have to admit - or maybe you should think about admitting - that George Bush might have rushed things a little in invading Iraq.
What's new is high oil prices and the economy hates high oil prices.
I'm not saying that George W. Bush did everything right. But even if you take a skeptical view of his Iraq war, [Barack] Obama made the more serious error of withdrawing his troops from Iraq early.
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