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And, yes, I DO take it personally: Wolfie "said all the right things. None of which he lived up to."
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Friday, May 18, 2007

Wolfie "said all the right things. None of which he lived up to."

what an epitaph... arrogant intellectual who cared more about his ideas and image than about the institution or its customers.

and i REALLY wish someone with some investigative reporter talent would follow up on this...
Wolfowitz's emphasis on increasing the World Bank footprint in Iraq was a contentious subject with staff members who argued that Iraq was dangerous and, because of its oil reserves, too rich for lending.

WHY was he pushing this...? i can only conclude that, as at least one commenter has pointed out, world bank loans to iraq would be focused on rehabilitating its oil industry infrastructure, thus allowing the global oil giants to avoid paying for it themselves, and then, with loan terms written to require payback from oil revenues (part of the reason ecuador recently kicked out its world bank rep and negated its loan agreement), iraq would be totally in western hands, assuming of course the oil law eventually passed...

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