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Wolfowitz Clashes With World Bank Staff and Mideast Chief Exits

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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-13-06 09:28 PM
Original message
Wolfowitz Clashes With World Bank Staff and Mideast Chief Exits
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.''

The exodus is damaging the world's leading poverty-fighting institution, which provided $23.6 billion last year for projects such as schools and clinics, say directors and outside observers.

http://www.bloomberg.com/apps/news?pid=20601070&sid=a6VAazXTmeWc&refer=politics
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-13-06 09:30 PM
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1. Isn't this the Wolfowitz plan?
The exodus is damaging the world's leading poverty-fighting institution, which provided $23.6 billion last year for projects such as schools and clinics, say directors and outside observers.

He is there to force privatization on the poor of the world so he and his goons can gobble up the resources belonging to others.
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-13-06 09:36 PM
Response to Reply #1
2. How else could he possibly have been put in such a post?
The powers that be.
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Oilwellian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-13-06 10:45 PM
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3. The world's leading poverty-fighting institution?
Give me a fucking break.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 10:54 AM
Response to Reply #3
5. The multilateral lending agencies
Edited on Thu Dec-14-06 10:55 AM by malaise
have been responsible for the greatest transfer of wealth from the poor to the rich in history. The only people who still believe otherwise are the beneficiaries of the resources and profits.

The data is in and the people of the world are waking up.
Sp.
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goforit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-13-06 10:50 PM
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4. Everything that touches Bush turns sour.
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