Saturday, May 12, 2007

Paul Wolfowitz. What a complete banker.

George W Bush is the only world leader to come out and publicly say Paul Wolfowitz should keep his job. Of course this has nothing to do with the fact the Bush nominated him for the job as World Bank Top Dog back in 2005. No way. Bush obviously feels it is totally cool to score your girlfriend a promotion with a big fat pay increase at a time when your organisation is preaching fiscal responsibility to the world. So the pressure is building on Wolfowitz and he will go. It is just a matter of time till public opinion builds to the point where it is worse for Bush to back Wolfowitz than feed him to the dogs. Sometime soon Wolfy will get the call from the Whitehouse to say ‘ That’s it son, we cant take the heat anymore’ Pack ya bags help ya self to some money out of the safe, your out of here.’ I’m sure the Bush administration will be able to find another nice little job for the wolf somewhere else once things die down. Wonder if he will be able to keep a few souvenirs from his time at the World Bank, like his personalized stapler, the photo of him with Santa at last year’s World Bank Xmas party and his girlfriend.

The review panel who looked into what happened have faulted the banks Ethics Committee for not giving Wolfowitz enough guidance on how to avoid conflict of interest. Should we be reassured that an organization has an ethics committee? I mean ethics. Isn’t that something you just have? Do you need a committee to tell you what they are? Maybe if you are like a young kid going off the rails. But you would have hoped the boss of a small organization like the World Bank would have a handle on ethics along with honesty, integrity and knowing when to say ‘I made a gross error of judgment that the manager of the local supermarket would get the axe for so the least I can do is offer my resignation.

What is a World Bank anyway? Is that where spacemen get their travelers cheques before lift off? Do they have branches across the galaxy? When aliens come to earth I guess they would naturally open an account with the World Bank. But why don’t they have branches across the world? I haven’t seen anywhere.
The World Bank lends money to countries. What do countries offer up as security? Big things I guess. France probably put up the Eiffel Tower. Actually no they are smarter than that. I bet they tried to use Euro Disney. What kind of money does the World Bank give countries? I mean why would a country need to go to the World Bank and get money, cant they just make their own? Maybe you have to have a country to open an account at the World Bank. What kind of ID would you bring? A picture of your army and one of your flags? You probably get a World Bank ATM card. I guess the treasure would look after that. You probably wouldn’t have a normal chequebook. The World Bank probably gives out those really big novelty cheques that you see in telethons.

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