Wolfowitz not a done deal
Will President Bush get his controversial choice through the World Bank's board? Not-a-pundit has been doing the math...Here's hoping. How has any of Wolfowitz's recent experience prepared him for the thrilling world of international finance?
"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."
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.