Wolfowitz to head World Bank

[Agamemnon]

http://www.nytimes.com/2005/03/16/internat...artner=homepage

It looks like Bush will be nominating Wolfowitz to head the World Bank, days after the controversial appointment of John Bolton as Ambassador to the UN. The article remarks that this move, while usually an automatic appointment by the US, may be blocked by Europeans frightened of Wolfowitz' politics. Usually the WB is an American appointee and the Euro's get the IMF, but Clinton blocked a Euro appointment to the IMF in the 90's, so precedent has been set for a potential fight over this.

Comments anyone? Is this important?

[BlackArcher101]

Woohoooo! I love a good fight between Euro's and Americans... well, at least the few days it lasts.

I think each country should nominate someone, then a vote is held.

[RougeUnderoos]

I don't even know what the World Bank does but didn't we hear lots of noise about how George was going to use diplomacy and work with the allies and so on?

These latest appointments seem to be something of a poke in the eye.

But I guess when you look at Wolfowitz's flawless performance with the whole Iraq war then I admit he has earned this new gig.

[Lanny_MacDonald]

I just shinguard my pants. Wolfowitz in charge of the World Bank? That's a PNAC wet dream!

[Looger]

no huge surprise.

the world bank has had its share of corruption and scandal:

http://lugar.senate.gov/pressapp/record.cfm?id=221484

this according to Richard Lugar, a republican senator that sits lots of important-sounding committees.

god's honest truth, whoever heads the world bank will still basically be seen by the industrialized nations as a helping hand to the developing world, and be seen by that developing world as a mechanism that guards against that debt ever being paid off.

[Flame Of Liberty]

Well I reckon he will ruin it so it would be a good thing to nominate him.

Just get rid of WB, WTO, IMF and other anti-free-trade institutions full of social engineers.

[Daradon]

Good call FOL

It can't get worse right?

OOPS!!!

lol

[Flame Of Liberty]

I am afraid it can get worse…when I heard Bono was nominated I literally shuddered.

[Daradon]

Originally posted by Flame Of Liberty@Mar 17 2005, 04:37 AM
I am afraid it can get worse…when I heard Bono was nominated I literally shuddered.

He's worse than Wolfy?

It's all a wash now isn't it?

(He wasn't offically nominated, it was a popular editors opinion)

[Agamemnon]

Originally posted by Flame Of Liberty@Mar 17 2005, 10:24 AM
Well I reckon he will ruin it so it would be a good thing to nominate him.

Just get rid of WB, WTO, IMF and other anti-free-trade institutions full of social engineers.

Anti-free trade? I thought the point of these institutions was to viciously set upon poor/bankrupt states and make them spread wide open for foreign investment and the exportation of profits (free trade)?

How are these institutions anti-free trade? I thought that was what they lived for?

[dangler22]

Yeah the world bank is the epitome of free trade. I would like to hear an explaination on how it is an anti-free trade organization?

[Flame Of Liberty]

It doesn’t matter what they call themselves, what does matter is what they do.

Interventionism, redistribution, statism, social engineering, regulations, corruption, bureaucracy, orthodox Keynesian doctrine, millions of dollars to dictators, subsidies, loan guarantees, antitrust, etc. etc. is not what I call free market/ free trade.

[Agamemnon]

Originally posted by Flame Of Liberty@Mar 18 2005, 01:33 PM
It doesn’t matter what they call themselves, what does matter is what they do.

Interventionism, redistribution, statism, social engineering, regulations, corruption, bureaucracy, orthodox Keynesian doctrine, millions of dollars to dictators, subsidies, loan guarantees, antitrust, etc. etc. is not what I call free market/ free trade.

Ah. Well, thats what the United States calls Free Trade, unfortunately for all of us.