Bush names Fuzzy Zoeller as World Bank President?
|So on top of being a world class golfer, Fuzzy is a top-notch economist too. Who knew?|
Oh... Zoellick. Not Zoeller. My bad.
Here's some quotes from the White House and his formal introduction by Dubya.
Bob sounds like a fine choice, but to be honest we here at Cake or Death didn't bring this up to give the thumbs up or down to Fuzzy Zoeller's 2nd cousin. We were more than a little shocked at some of the World Bank numbers.
The US is the World Bank's largest donor. Fabulous. Is there an international organization that we aren't the largest donor of? That's probably a much shorter list... and easier to digest...
The World Bank donated $9.5 billion last year to the poorest countries. Half of that went to sub-Saharan Africa. I want to support Africa and all, but I'd have to say at least 75% of that money donated to African nations was probably wasted by the corrupt governments. Maybe 25% actually went to helping the poor. So we're only wasting a quarter of the money we give to the world bank. Awesome.
We've really got to reign in this out of control spending and giving money away to people and nations who'd just as soon spit on us as thank us sounds like a good place to start.
With a name like Fuzzy though, I just don't think he's got the will power to say no...