<$BlogRSDUrl$>

Commentary on the present and future of culture, politics, economics, and social values................... "At any given instant/All solids dissolve, no wheels revolve,/And facts have no endurance." W.H. Auden.

Thursday, March 03, 2005

Just When We Thought Things Can't Get Worse...

Reports are that the top candidates the Bush Administration is pushing for the position of president of the World Bank are Carly Fiorina and Paul Wolfowitz.
Who said things can't get worse?

Carly Fiorina was a failure as chief executive of Hewlett-Packard and had to be dumped by the corporation's board after doing years of stunning damage to the company. She brought the company to a low and led the plunge in stock value to the basement. What makes anyone think she could manage a more important job?

Paul Wolfowitz, the manager of the US war and occupation in Iraq, has shown the manifest incompetence of a man guided by ideology rather than information. Does the World Bank need that level of incompetence at the top?

The World Bank is the major influence on the global economy and economic development around the globe. Does the Bush Administration want to make it a tool of US imperial policy? Or does it want to turn it into a fumbling, blundering institution?

This page is powered by Blogger. Isn't yours?