Wolfowitz Destroys World Bank

Discussion in 'Politics & Religion' started by bsmeter2, Dec 12, 2006.

  1. Looks like the guy took his carcinogenic theories and is about to burn the world bank into the ground like he did with America!

    I say good riddance to the World Bank. The only reason this private bank is in business is by keeping poor nations perpetually in debt. wolfowitz is finally doing something right by destroying the World Bank.


    http://bloomberg.com/apps/news?pid=20601087&sid=a6VAazXTmeWc&refer=home

    wolfowitz Clashes With World Bank Staff and Mideast Chief Exits

    By Christopher Swann

    Dec. 12 (Bloomberg) -- World Bank President Paul wolfowitz faces mounting criticism from directors of the international lending organization who say he relies on a coterie of political advisers with little expertise in development while driving away seasoned managers.

    Half of the bank's 29 highest-level executives have departed since wolfowitz, the former U.S. deputy Defense secretary and an architect of President George W. Bush's invasion of Iraq, took office in June 2005. Among them is Christiaan Poortman, vice president for the Middle East and a 30-year World Bank veteran, who left in September after resisting pressure to speed up the pace of lending and adding staff in Iraq.

    ``It was very sad to see someone of Mr. Poortman's caliber leaving,'' Eckhard Deutscher, one of 24 executive directors who oversee the management of the Washington-based lender, said in an interview. ``The bank needs to be very careful not to lose too much of its human capital.''




    Here's to Wolfie, yet another typically incompetent communist intellectual masquerading as a conservative. It's high time this fool got demoted to shoe shine boy. Well at least he has his passport from the "mother land". ROTFLMAO!