Terror’s Bankers

As we can now call the World Bank – it’s running interference for Hamas, and the Brit expat who covered up the UN’s Dollars for Saddam fraud is cheerleading Wolfowitz’s attackers.

The Bank just took time from sandbagging Wolfowitz to condemn Israel for defending itself:

The Palestinian economy can’t recover unless Israel dismantles a network of obstacles that has carved up the West Bank into a dozen enclaves and restricted Palestinian access to more than half the territory, the World Bank said in an exceptionally harsh report Wednesday.

Israel’s web of physical and administrative barriers to movement goes at times beyond Israeli security needs and is aimed at boosting Jewish settlements, at the expense of the Palestinian population, the bank said.

The bankers know perfectly well that if Hamas and Hezbollah recognize the State of Israel and stop launching terrorist attacks on it, Israelis will be only too happy to stop sending their kids to flush out murderers from the West Bank hellhole.

But that won’t make the Palestinians any richer, since they’re as corrupt as the World Bank.

Speaking of which, here’s Soros’s front man (my ellipsis):

Mark Malloch Brown spoke Monday to a crowded auditorium at the World Bank’s headquarters, warning that the bank’s mission was “hugely at risk” as long as Paul Wolfowitz remained its president…

Mr. Malloch Brown…was until last year Kofi Annan’s deputy at the United Nations. In that position, he distinguished himself by spinning away the $100 billion Oil for Food scandal as little more than a blip in the U.N.’s good work, and one that had little to do with Mr. Annan himself.

…Mr. Malloch Brown would almost surely be a leading candidate to replace Mr. Wolfowitz should he step down.

The bank presidency would be a neat coup for Sir Mark, and not just because the post has heretofore gone to an American.

He also stands for everything Mr. Wolfowitz opposes, beginning with the issue of corruption. Consider Mr. Malloch Brown’s defense of the U.N.’s procurement practices.

“Not a penny was lost from the organization,” he insisted last year, following an audit of the U.N.’s peacekeeping procurement by its Office of Internal Oversight Services. In fact, the office (could not account for) $310 million out of a budget of $1.6 billion, and who knows what the auditors missed.

If Wolfowitz is forced out, the President should stop handing US taxpayers’ dollars to Terror’s Bankers.


3 Responses to Terror’s Bankers

  1. fifthdecade says:

    Wolfowitz came in on an anti-corruption platform, and then got his girlfriend a huge pay rise. Now maybe that kind of thing is OK in Israel, although I suspect only unofficially since Ariel Sharon was at least investigated, but casting aspersions on others is not going to make Wolfowitz any more palatable. Corruption is quite indefensible.

  2. gandalf says:


    What you say is quite untrue.

    Wolfowitz told the Bank’s board of the relationship before he joined, and they insisted her job …entailed a “de facto conflict of interest” that could only be resolved by her leaving the bank.

    And that “the potential disruption of the staff member’s career prospect will be recognized by an in situ promotion on the basis of her qualifying record . . .”

    When Wolfowitz gave her a raise to compensate for being fired (a fate rarely suffered by World Bankers), the head of its Ethics Committee told Wolfowitz:

    …because the outcome is consistent with the Committee’s findings and advice above, the Committee concurs with your view that this matter can be treated as closed.

    This is all in the paper trail that you can download from the World Bank, or you can read a summary here:


    It’s a classic sandbagging, and a more experienced man would have spotted it spotted it.

    So Wolfowitz can be convicted of naivety and excessive trust, but he’s not bent like the World Bank employees, board and many of their customers.

  3. fifthdecade says:

    Ah, the good old “brush it under the carpet approach”.

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