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World Reacts to Wolfowitz Bank Nomination (Bush doesn't care one bit)
Associated Press via Yahoo! ^ | March 17, 2005 | Jocelyn Gecker

Posted on 03/17/2005 12:13:34 AM PST by BigSkyFreeper

PARIS - Around the world, the notion of U.S. Deputy Defense Secretary Paul Wolfowitz leading the World Bank met with reactions that ranged mainly from official reserve to outright denunciation, but there was some support.

Wolfowitz, nominated Wednesday by President Bush, is widely seen as a key instigator in the U.S. push to topple Iraqi leader Saddam Hussein. International organizations worried about the nominee's hawkish politics and questioned whether he is right for the job.

Bush, who has sought to mend ties with European allies that opposed the Iraq war, called French President Jacques Chirac to tell him the news.

Chirac, one of the staunchest critics of the war, "took note of this candidacy," his office said, adding that "France would examine it in the spirit of friendship between France and United States and with an eye on the capital mission of the World Bank to the service of development."

Japan, a U.S. ally in the Iraq war, gave its support to Bush's choice.

The Japanese Foreign Ministry said in a statement that Prime Minister Junichiro Koizumi expressed support for Wolfowitz in a phone conversation with his U.S. counterpart.

Chief Cabinet Secretary Hiroyuki Hosoda lavished praise on Wolfowitz. "He's a great person and he is well-versed in issues regarding development in Asia," Hosoda told reporters. "Japan would like to support Mr. Wolfowitz."

One of those most vocally opposed to the idea was U.N. Secretary-General Kofi Annan's top poverty adviser.

"It's time for other candidates to come forward that have experience in development," Professor Jeffrey Sachs, director of the Earth Institute at Columbia University and an Annan adviser, said in a speech to the U.N. Economic and Social Council.

"This is a position on which hundreds of millions of people depend for their lives," he said. "Let's have a proper leadership of professionalism." The United Nations (news - web sites) had no comment.

Development and anti-poverty groups joined the chorus of criticism.

"As well as lacking any relevant experience, he is a deeply divisive figure who is unlikely to move the bank toward a more pro-poor agenda," said Patrick Watt, policy officer at British charity Action Aid.

Dave Timms, spokesman for London-based World Development Network, called it a "terrifying appointment" that highlighted a lack of democracy in major lending institutions. A European traditionally heads the International Monetary fund, while an American takes the helm at the World Bank.

"You can't have a situation where rich countries lecture developing countries about democracy and then aren't prepared to exercise democracy in this kind of appointment."

Sweden's minister of International Development Cooperation Carin Jaemtin, said she was "very skeptical" with the choice, telling Swedish news agency TT, she had hoped for a candidate who would carry out the policies of outgoing bank president James Wolfensohn.

Wolfowitz, 61, was among the most forceful of those in the Bush administration in arguing that Saddam had weapons of mass destruction, and he had predicted that Americans would be welcomed as liberators rather than occupiers once they toppled Saddam's government.

Wolfowitz' reputation as a hard-liner made it difficult to cheer his nomination to head the World Bank, said Nigerian newspaper columnist Pini Jason. He said Wolfowitz's selection could be a "bad omen" for the Third World.

"It is very likely that George Bush will want to link World Bank policies to his own vision of democratizing the world: Democracy according to the White House," said Jason, who writes for The Vanguard newspaper.


TOPICS: Business/Economy; Foreign Affairs; Front Page News; Government; News/Current Events
KEYWORDS: w2; wolfowitz; worldbank
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To: BigSkyFreeper
a more pro-poor agenda

Pro-poor? I always knew that the world's social engineering statists were pro-poor. That's why they've made so many of them and kept them in poverty.

21 posted on 03/17/2005 4:44:41 AM PST by Maceman (Too nuanced for a bumper sticker)
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To: BigSkyFreeper

Well well..... The opinion I'm wanting to hear is Steve Forbes.

His next "Fact and Comment " message will be the definative word on the issue.


22 posted on 03/17/2005 4:45:15 AM PST by bert (Peace is only halftime !)
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To: cyborg

Well, you're on target with the neo-con bit. And I think it's a stroke of genius.


23 posted on 03/17/2005 4:49:44 AM PST by wtc911 ("I would like at least to know his name.")
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To: jaykay

Amen.


24 posted on 03/17/2005 7:07:54 AM PST by lodwick (Integrity has no need of rules. Albert Camus)
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To: bert

Please post Forbes commentary when you see it.

I would appreciate it if you were to ping me when you do - I would hate to miss it, and with things as they are for me right now, I probably will unless pinged...


25 posted on 03/17/2005 9:37:22 AM PST by AFPhys ((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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To: Huck

Drive thru window at the World Bank! Would you like that in $50 or $100 Billions?


26 posted on 03/17/2005 11:21:24 AM PST by jaykay (It's just my opinion, but I'm right.)
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To: kb2614
"Can't wait till the moonbats get started on this one!! Should be entertaining."

....Moon Bat

27 posted on 03/17/2005 11:42:05 AM PST by Donald Rumsfeld Fan ("Memos on Bush Are Fake but Accurate". NYTimes)
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To: jaykay

Uber size it.


28 posted on 03/17/2005 11:46:28 AM PST by Huck (I only type LOL when I'm really LOL.)
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To: BigSkyFreeper
I think in a indirect way, Bush is basically saying to KOFI ( shove it ) and take a hike.
29 posted on 03/17/2005 11:52:55 AM PST by Prophet in the wilderness (PSALM 53 : 1 The ( FOOL ) hath said in his heart , There is no GOD .)
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To: Mo1
In a flurry of Good strategic moves, Bush is in effect keeping the libs/dems off balance and making them spin so hard, that they can't think straight and losing their minds.
and as Jackie Gleason use to say
" HOW SWEET IT IS "
30 posted on 03/17/2005 11:58:15 AM PST by Prophet in the wilderness (PSALM 53 : 1 The ( FOOL ) hath said in his heart , There is no GOD .)
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To: kb2614
Annnnnnnnnd serve up the popcorn.
Life is getting sweeter by the day.
31 posted on 03/17/2005 12:00:46 PM PST by Prophet in the wilderness (PSALM 53 : 1 The ( FOOL ) hath said in his heart , There is no GOD .)
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To: AFPhys
Steve Forbes "Fact and Comment" in the current edition rails about gold beyond his targeted $350 per ounce, although, he has apparently allowed his comfort mark to slip upwards to $400.

Another of his very best rant subjects is the World Bank and the IMF. It'll be a week or so before it comes out and I will try my very best to post the piece and ping you.

32 posted on 03/17/2005 1:41:15 PM PST by bert (Peace is only halftime !)
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To: DainBramage
First order of business should be to rename it The Bad Loans Covered By America Agency

OMG, that is so funny... and true. The UN is a sewer hole, down which billions of dollars of American's hard earned money is sucked and lost.

33 posted on 03/17/2005 2:18:58 PM PST by liberty2004
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To: BigSkyFreeper
"You can't have a situation where rich countries lecture developing countries about democracy and then aren't prepared to exercise democracy in this kind of appointment."
Somebody has to explain to Dave Timms a notion of shareholder democracy, namely: one share = one vote, and if one wants to have more, one has to purchase more shares.
34 posted on 03/17/2005 2:44:18 PM PST by GSlob
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