Wolfowitz to Delegate Authority to Senior Officials (Update2)

[struggle4progress]

Source: Bloomberg

By William McQuillen

May 18 (Bloomberg) -- World Bank President Paul Wolfowitz, who resigned yesterday, offered to delegate day-to-day decisions to his top deputies until his tenure ends on June 30.

Wolfowitz, in a letter to board members today, said most of his responsibilities can be handled by the agency's two managing directors, Graeme Wheeler and Juan Jose Daboub, and that he won't be involved in personnel decisions. He said he wrote the letter after consulting with the board's senior members, Eckhard Deutscher and Otaviano Canuto. ~snip~

World Bank board members met today to consider how the bank should be run until a successor is named, and they adjourned without responding to the letter. Treasury Secretary Henry Paulson yesterday pledged to ``move quickly'' to identify a replacement, who will be named by President George W. Bush. ~snip~

The list of possible successors includes U.S. Treasury Deputy Secretary Robert Kimmitt, 59; former Trade Representative Robert Zoellick, 53; and Allan Hubbard, 59, director of the White House National Economic Council. ~snip~

Read more: http://www.bloomberg.com/apps/news?pid=20601087&sid=aEJ.xr_p1KlM&refer=home

[opihimoimoi]

1. But Bushies track record of appointing cronies SUCK...why bother letting him appoint

Ask Yellow Book . Com...better results

[badgervan]

2. So True

If this World Bank wants positive results and the support of the rest of the global community, it will steer clear of any potential bushies, and name someone from another country than the U.S. to run things; to clean up wolfie's mess and chart a new course. As we all know too well by now, anyone Chimpy names to any position of power will destroy that which should be protected and run positively. The bushies have shown, in every instance, how they feel about competent government. Well, they did tell us that they would destroy it - and they sure have kept their word. Right, gonzo?

[CHIMO]

4. Maybe

You should have a read about the following:

Confessions of an Economic Hit Man: How the U.S. Uses Globalization to Cheat Poor Countries Out of Trillions

John Perkins describes himself as a former economic hit man - a highly paid professional who cheated countries around the globe out of trillions of dollars.
20 years ago Perkins began writing a book with the working title, "Conscience of an Economic Hit Men."

Perkins writes, "The book was to be dedicated to the presidents of two countries, men who had been his clients whom I respected and thought of as kindred spirits - Jaime Roldós, president of Ecuador, and Omar Torrijos, president of Panama. Both had just died in fiery crashes. Their deaths were not accidental. They were assassinated because they opposed that fraternity of corporate, government, and banking heads whose goal is global empire. We Economic Hit Men failed to bring Roldós and Torrijos around, and the other type of hit men, the CIA-sanctioned jackals who were always right behind us, stepped in.

John Perkins goes on to write: "I was persuaded to stop writing that book. I started it four more times during the next twenty years. On each occasion, my decision to begin again was influenced by current world events: the U.S. invasion of Panama in 1980, the first Gulf War, Somalia, and the rise of Osama bin Laden. However, threats or bribes always convinced me to stop."

http://www.democracynow.org/article.pl?sid=04/12/31/1546207

Things aren't always what they appear to be.

[sutz12]

3. The real question should be: Why does that asshole have any authority to delegate? nt