I disagree. The World Bank is a corrupt organization. Wolfowitz was trying to reform it. That is the reason he was forced out.

You can't work at any world organization, look at the corruption and try to do something about it. You're dead meat if you do, ask the mustache. Soros (world criminal) has his hands in the world bank so it will soon need a big infusion of money for who? The United States, of course. They're as corrupt as the U.N. and that's why the democrats are in love with them. They make the democrat felony/treason crimes look like petty crimes and keeps the American people's mind off the criminal democrats.

Slander works. The evil and corrupt always protect their own. In this case, though, it was orchestrated by Soros.

We should pull the plug on the WB. If Soros wants to puff himself up, he can fill the financial hole.

One of the lefties was on NPR this afternoon going after Wolfowitz claiming that Wolfensohn had started instituting most of these reforms, and that Wolfowitz's defenders were inflating his aims for the World Bank.

First of all, that's crap.

When Wolfensohn took office in 1995, conservationist Bruce Rich writes, "he promised to change the institution's embedded internal culture from one of loan approval--in which staff were rewarded for pushing money--to a culture of `developmental effectiveness' and `accountability.'" Citing numerous recent internal evaluations, Rich documents the bank's declining performance in various areas, showing that in the poorest countries there is less than a 40 percent chance bank projects and programs will produce lasting benefits. Many of Wolfensohn's reforms, he adds, have made the bank "more amenable to its official governmental and corporate clients, [weakening] internal mechanisms for quality control."

In what may be the book's most significant chapter, Winters estimates that since its founding the bank has been a "passive" participant in the theft of some $100 billion of its development loans. World Bank managers themselves admitted to Winters that the institution's financial-audit system is in shambles. The result: "Indebted populations across the developing world are contractually bound to repay their World Bank loans, including the many billions in criminal debt stolen with the bank's knowledge by corrupt government officials and their cronies." Asked whether focusing on past corrupt loan practices did not leave bank watchers open to criticism that they were "dredging up the past," Winters replied: "The debt itself is very backward-looking--because populations themselves still have to repay it."

The World Bank's necessary transformation, the authors contend, relies on greater external transparency, accountability and decentralization. "Another round of reforms and patches will not resolve the bank's current pathologies," they argue.

Which is exactly why Wolfowitz is gone right now.

Yeah, his role in the Bush administration definitely aggravated the bureaucrats at the WB, but the reason they went after his head is because they hated the idea of giving up their perquisites.This is why the apparatchiks in the usless U.N. hated John Bolton.

Wolfie had his squeeze sucking more money out of the taxpayer's teat than the Secretary of State. If Wolfie was a Clinton hack, we'd be after his scalp. Wolfie found only shame and disgrace. Better get used to it neocons. No slam dunks, no cake walks, even at the World Bank.

So if the World Bank is so bad, why the hell didn't the GOP try to defund it ? The GOP had the Congress and the White House for 6 years. Anyone ? Anyone ?

Or am I expecting too much for the Republicans to actually be conservative ?

Karol, I don't think your position is accurate. To be sure his pre-WB Iraq role made Wolfie a likely target, but he put himself squarely in the cross-hairs by displaying incredibly bad judgment in the GF raise matter. Only an idiot would have tried to get away with what he did, regardless what the Bank was telling him to do. There were so many other ways he could have handled this without getting his hands dirty. Think special ethics counsel at the time, not after the fact, for starters.

Your complaint seems to be that they didn't give him an ethical pass as an elitist, because he was politically incorrect damaged goods going into the job. I'm not buying it. This classic case of nepotism and/or its appearance, made a mockery of Wolfie's WB anti-corruption campaign. That was reason enough for him to go; his fatal (to so many other Americans) Iraq war misjudgments are just icing on the cake (and how sweet it is!)

Get over it, Karol. Your recent post on Rudi and Ron Paul is good stuff. Stay on topic there, and let us hear what this immigrant daughter of America thinks about immigration reform, especially the gutting of 40 years of family based immigration in exchange for a blanket amnesty for 12 million illegals. I'm an immigration attorney and side with my bar association, the American Immigration Lawyers Association (AILA), that this is too great a price to pay for "comprehensive immigration reform."

Sorry for the broken link. See http://www.aila.com/content/default.aspx?docid=22366

Redhand,

Please, you're embarrassing yourself. Still haven't looked into the World Bank thing, have you?

Von Bek,

You're wrong about PW, but you have a point about the WB not being defunded. After the profligate spending and betrayal on immigration, there isn't really any reason to support the Republicans. But the Dems are worse. They have some sort of Kum-bai-ya-it's-international-so-it-must-be-good desease that will lead them to spend even more. There's no hope the World Bank will be fixed in the near future. On top of it all to the intended beneficiaries of its programs it's a tool of imperialism and they hate us even more as a result.

On the other hand, it's pretty small potatoes, compared to the other stuff that's going on.

They have some sort of Kum-bai-ya-it's-international-so-it-must-be-good desease that will lead them to spend even more.

Mmm, the truthiness is so weighty.

The only stupid move on Wolfowitz's part was agreeing to go along with the recommendations made by his avowed enemies.

And yes, that was a display of incredibly bad judgment, but not unethical.

Totally in agreement Eric on the Dems are worse on national soveirgnty. But the lesser of two evils is still evil. My usual rule is vote third party in races that are not close and go Republican on most close races (unless the Dem is more conservative which suprisingly happened this last November in Kansas).

Redhand,

Please, you're embarrassing yourself. Still haven't looked into the World Bank thing, have you?

Eric, you remind me of the three monkeys who see, hear and speak no evil. Check out the May 14, 2007 52 page Second Report of the World Bank's Ad Hoc Committee, which you can download from a link courtesy of the Financial Times.

Why so silent Eric? BTW, here’s another look [ http://seattletimes.nwsource.com/html/nationworld/2003714410_wolfowitz20.html ] at how your hero performed throughout his career, and especially at the World Bank. I take special note of this assessment from someone who's known Wolfie for decades: Another former colleague who served with Wolfowitz in four administrations said "the kinds of problems he got into were predictable for anybody who really knew Paul." Speaking on the condition of anonymity, the source voiced admiration for his intellect but said Wolfowitz "couldn't run a two-car funeral."

Just an idea;
you want to reform a corrupt organisation against the will of many people working there. Is promoting your best girl gonna get that done. "the wife of caesar" and all that. Its like having Tommi Lee head up your anti-drug campaign.

I disagree with Jake. Wolfowitz's sacked because he violated the code of conduct of the organization and utilized his power for his own interest..
Breakdown Insurance

Good Morning!!! www.alarmingnews.com is one of the most excellent informational websites of its kind. I enjoy reading it every day. I will be back.

phentermine [url="http://www.phentermine-hcl.org/"]phentermine[/url] http://www.phentermine-hcl.org/ phentermine :D

buy phentermine [url="http://www.phentermine-hcl.org/"]buy phentermine[/url] http://www.phentermine-hcl.org/ 8((