Looks to me like there's some LEAKIN' goin' on
we got leakin', oh yes, we got leakin', we got leakin', right here in river city...
unless there's some big, hairy bush administration initiative that hasn't been pushed through yet, it's a puzzlement to me why wolfie would even WANT to stay... i mean, if he does, his effectiveness will be roughly equivalent to that of tits on a boar... my hunch, as i posted the other day, is that the world bank's full impact on iraq is just in the initial stages, a move that wolfie has pushed hard for, and that, because of the resistance of world bank officials to doing it, will probably be stopped dead in its tracks if wolfie goes...
so, what's so important about the world bank being heavily involved in iraq...? well, let's try oil for starters... if the oil law passes with the provisions intact that are so astonishingly favorable to global oil companies and to the u.s., the world bank can back that up with loans for infrastructure development whose terms are also written for u.s. benefit, such as payback being required to come from oil revenues...
both the world bank and the imf have a long and rich history of benign extortion, loaning vast sums of money to underdeveloped and emerging economies with terms that guarantee access to and/or control over big chunks of a country's resources... in addition, if the world bank becomes heavily involved in iraq, it provides more of a legitimate cover so that it doesn't look quite so much like the u.s. and the oil companies are the ones really running the show...
just some thoughts...
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Documents circulating at the World Bank suggest that Paul D. Wolfowitz, the bank president, understood that his role in ordering a pay increase and promotion for his companion in 2005 might be seen as a conflict of interest but insisted on proceeding anyway, bank officials who are critics of Mr. Wolfowitz said Sunday.
The officials, speaking on the eve of a fateful week for Mr. Wolfowitz’s efforts to remain head of the bank, said testimony and notes that Xavier Coll, vice president of human resources, provided to a bank committee investigating the matter supported the charge that Mr. Wolfowitz was aware of engaging in favoritism. One said the documents were “devastating” to Mr. Wolfowitz’s case.
unless there's some big, hairy bush administration initiative that hasn't been pushed through yet, it's a puzzlement to me why wolfie would even WANT to stay... i mean, if he does, his effectiveness will be roughly equivalent to that of tits on a boar... my hunch, as i posted the other day, is that the world bank's full impact on iraq is just in the initial stages, a move that wolfie has pushed hard for, and that, because of the resistance of world bank officials to doing it, will probably be stopped dead in its tracks if wolfie goes...
so, what's so important about the world bank being heavily involved in iraq...? well, let's try oil for starters... if the oil law passes with the provisions intact that are so astonishingly favorable to global oil companies and to the u.s., the world bank can back that up with loans for infrastructure development whose terms are also written for u.s. benefit, such as payback being required to come from oil revenues...
both the world bank and the imf have a long and rich history of benign extortion, loaning vast sums of money to underdeveloped and emerging economies with terms that guarantee access to and/or control over big chunks of a country's resources... in addition, if the world bank becomes heavily involved in iraq, it provides more of a legitimate cover so that it doesn't look quite so much like the u.s. and the oil companies are the ones really running the show...
just some thoughts...
Labels: Bush Administration, global oil companies, Iraq, Iraq oil law, oil, Paul Wolfowitz, Shaha Riza, World Bank
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posted by profmarcus at
5/14/2007
