World Bank Board Approves Wolfowitz

Post-9/11 Era Forum

Yet another one for the Europissts to stew over…

WASHINGTON - The World Bank's board on Thursday unanimously approved the nomination of Deputy Defense Secretary Paul Wolfowitz, an architect of the Iraq war, to be the next president of the 184-nation development bank.

US President Bush earlier this month surprised the international community by recommending Wolfowitz for the job. Wolfowitz's hard-line foreign policy stance has made him a target of critics at home and abroad. Wolfowitz, 61, will take the helm of the development bank on June 1 to serve a five-year term.

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Joe you state this is one for the people of Europe to stew over. If you did any research you would know that 1. he could not of been head of the WB without the approval of European countries and 2. He was given a lot of support from european countries.
So he got the job with the people of europes blessing and approval.

Hmm makes you wonder what would have happend if Wolfowitz had not been given the top job. Maybe Bush would claim that the WB was stockpiling WMDs and send in forces to claim it.

Either that or label them as commies.

-HECK!

I am not so sure that a "commie" would be so interested in the World Bank as it is largely a Capitalist institution.

Lodgebo is correct. Wolfie came in office with the blessing of the Europeans.

Bush got Wolfovitz into the World Bank. France got their man into the WTO. They're banks - they lend money, at a price and with strings.

"The U.S. government, the largest single shareholder [in the WB] chooses the bank's president by tradition, though not by virtue of any written rule. None of its nominees have ever been rejected. European countries' combined shareholding exceeds the U.S. vote and they traditionally pick the boss at the bank's sister agency, the International Monetary Fund."