Wednesday, March 16, 2005

Wolfowitz not a done deal

World Bank President: Will Wolfowitz get the job?:
Will President Bush get his controversial choice through the World Bank's board? Not-a-pundit has been doing the math...

"By my rough count, the U.S. would only be able pull together 52% of the vote in a fight, and that's with both the Japanese and Belgian Executive Directors backing Wolfie.

"With the French, German, Spanish, Icelandic, Brazilian, Algerian, and Peruvian EDs all more likely to oppose than not, a vote could be close."
Here's hoping. How has any of Wolfowitz's recent experience prepared him for the thrilling world of international finance?

Aside from this unfortunate error, that is - Iraqi Oil Will Pay For This:
Deputy Defense Secretary Paul Wolfowitz: “There’s a lot of money to pay for this that doesn’t have to be U.S. taxpayer money, and it starts with the assets of the Iraqi people…and on a rough recollection, the oil revenues of that country could bring between $50 and $100 billion over the course of the next two or three years…We’re dealing with a country that can really finance its own reconstruction, and relatively soon.” [Source: House Committee on Appropriations Hearing on a Supplemental War Regulation, 3/27/03]

I bet the developing world can't wait for that keen intellect to be turned to their problems.