Call it Rathodics, Rathodology, Rathod-gineering, or Rathodistry; chances are high that you will find lot of useless things on this blog. Nevertheless, I thank you for visiting my blogsite, and hope you spend sometime reading the blogs and commenting on them. Further, you can visit me at http://www.unm.edu/~srathod

Wednesday, March 16, 2005

Wolfowitz as World Bank president.

It is anybody's guess, what is President Bush upto when he has proposed Deputy Defense Secretary Paul Wolfowitz as the candidate for the post of the president of World Bank. Considering that Wolfowitz is one of the main architects of the US attack over Iraq, it would not come as a surprise that, under the aegis of a person known for his role in designing and promoting the Iraq war, World Bank would stray away from its main goal of providing developing nations with financial aid. As it is, World Bank has been accused, more than once, of providing aid to the poor nations with strings attached. I wouldn't be surprised if this aid now goes to Iraq on the pretext of rebuilding this war-ravaged country, but being funneled, in fact, to 'fight the war on terror'. Further, the 'strings attached' to the loans to the developing nations will also turn into arm-twisting tactics to garner support for the Iraq war. Carly Fiorina, the former CEO of Hewlett-Packard (HPQ.N), would definitely have been million times better than Wolfowitz.


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