Friday, May 18, 2007

The Documentarian has put his final touches on "Sicko" and they are off to Cannes.


This was Michael Moore at Cannes with the first showing of Fahrenheit 911. Happiness knew no bounds as the film was well received. Serious documentary for serious times.

Do us all proud, you are already well accepted at home. Hope Europe feels the same.

A chastising of Condi Rice. Does she dare pout? Her political posture skirt is rumpled.


MOSCOW (AFP) - US Secretary of State Condoleezza Rice and Russia's President Vladimir Putin agreed Tuesday to ease their diplomatic rhetoric, but made no progress on resolving security disputes poisoning relations between the two powers. Rice said the United States could not allow Russia to "veto" the defence missile shield that it wants to build in eastern Europe.Russia remains opposed to a UN plan for the Serbian province of Kosovo to attain virtual independence."The president backed the American side on the need to rein in rhetoric in public discussions and to concentrate on concrete business, which there is a lot of," Foreign Minister Sergei Lavrov told Russian news agencies after the Rice-Putin talks just outside Moscow."I do not think that Moscow's position towards Washington can be qualified as hostile but rather as an invitation to a more frank dialogue on questions on which we have differences," Lavrov said after a dinner with Rice later Tuesday.Rice -- who made a blistering attack just before her visit on what she described as Putin's rolling back of democracy -- also urged calming of increasingly stormy East-West ties."I've said while I'm here that the rhetoric is not helpful. It is disturbing to Americans who are trying to do our best to maintain an even relationship," she told journalists."The real outcome of today's discussions was that we agreed that we need to intensify our consultations, our dialogue, to minimise misunderstandings," Rice said after meeting with Lavrov.However, Washington and Moscow remained far apart on the key disputes that Rice had been hoping to help resolve during her three-day visit....

Is this Russia's Neville Chamberlin moment? Not likely. But, it might be Bush's.

The New York Times can't help but shoot itself in the foot rather than stand for real democracy. "...That’s good to hear after Mr. Putin’s latest rude outburst, an implied comparison of the United States to Nazi Germany...." It sounds as though the editors don't even long for the days when freedom of speech wasn't actually oppressed in the USA. The 'tone' of this adminsitration has been nothing but aggression and hatred and control.

Where in the name of decency does anyone in the USA think they have the right to tone down 'rhetoric' that delivers a message that needs to be clearly heard. This isn't name calling Putin has engaged in. It's muscle flexing and it comes across loud and clear to me. Does anyone at The New York Times actually believe the Bush Executive Branch has come away from their evil ways? One of the most corrupt administrations in American history isn't taking the course of oppression and aggression? A clear indication of that would be a president that signed a bill regarding war spending reduction, a president that does not engage in nuclear weapon research and a president at the forefront of engaging all the demands and LAWS of the Non-Proliferation Treaty. At least Putin offers Iran an alternative in providing nuclear fuel rods to facilitate a nuclear facility begun by the USA, while Bush offers nothing but invasion and killing of still more innocent Muslims.

These 'words' aren't empty. Bush is ready to invade yet another Muslim country for it's oil and gas while calling it necessary in 'handling' a nuclear threat. That isn't the advancement of 'evil' as noted by the Nazis? Could have fooled me. Let's not put a kind face on an administration that prides itself on war without end. Perhaps what The New York Times is attempting in their feable reality locked inside the USA is to say that this is not the Pre-Cursor to WWIII, but, simply head bumping to satisfy political viability. Not hardly.

The Russians have done the people of the USA a favor. They have overtly let them know it will not stand for more violence in the Middle East through war. It will not tolerate an American presence with satellite technology that gives a false sense of reality to Europe allowing for greater dissension among countries that share it's borders. I find Russia more than appropriate and a relief to the imprecise aggression and hated of the Bush Executive Branch. Iraq wasn't enough of a mistake and now this country is supposed to continue down a road of international conflict and self distruction? I don't think so.

What Condi Rice is attempting to eliminate are the clues to the people of the world that Russia is really pissed off. She is attempting to place political overlays to an agenda in Europe that is a direct threat to Russia. It simply is. There are somethings in an international venue one does not do and placing MDS at Russia's door is one to them. If Europe finds itself threatened by 'incoming' then it needs to insist Condi put away American nuclear toys and adhere to the Non-Proliferation Treaty. Is that what the NY Times is advocating? Heck no ! They are nearly apologizing for Russian frankness, when all I want to know is same.

It's time Russia and the USA engage in 'reality' talks but the kind that leads to a resolve of nuclear proliferation, otherwise, there will be expansive war in The Middle East and neither Putin or Bush care it happens. Holding Condi's hand through rhetoical tough times isn't the way to global stability and peace, but, finding real solutions in the face of corruption and lies is. Get over it already. Russia has never been more correct and the USA so "W"rong !

If Condi Rice is sincere in stepping down the rhetoric than she needs to follow it up with action and a way to peace with Russia including a joint effort in eliminating the growing nuclear threat that is Iran. That type of effort is being an example to the world of a 'Peace Maker' and not a deployment mechanism of Peacemaker Missiles. Iran reacted to the Iraq invasion in the only way it could and that is to escalate it's military capacity. To supply Iran with viable options while bilateral disarmament agreements are struck with other nuclear countries to ACHIEVE the ultimate goal of the Non-Proliferation Treaty is the only road viable in a world beset with an issue of human viability on a warming planet.

When is honesty and dignity going to return to the USA? The Bush Executive Branch has made an enemy of every other nation on Earth and even Tony Blair now questions his Iraq offensive with the USA although stating he won't regret it. Prime Minister Blair stated openly to the British people he thought he did the right thing with the USA, but, it was up to them judge.

The USA has become a pariah. It's high time the people of this country that comprise the electorate realize it. I won't be surprised when WWIII manifests and Europe actually is an ally to Russia while the USA stands alone in it's aggressive march through the Middle East. Cheney's Caspian Sea ambition ain't all that !

Private Equity to Faciliate political domination of the USA

The Cheney Observer

Cheney five times richer than Bush - financial reports
WASHINGTON, May 16 (RIA Novosti) - U.S. Vice President Dick Cheney is five time richer than his boss George Bush, the two officials' financial reports indicate.
In financial disclosure reports for 2006, President Bush put his assets at between $7.5-20 million, while Cheney estimated his net worth five times higher at $21-100 million. Bush biggest asset is his Texas ranch valued at $1-5 million, while Cheney has $10.5 mln in defense bonds, and $5.1 mln in other equities.
Cheney was also given more expensive gifts than Bush with an approximate value of $21,764 against Bush's $12,354.
The financial disclosure reports are mandatory for all U.S. lawmakers, but the information they give is on a voluntary basis and is a rough estimate of their wealth.

http://en.rian.ru/world/20070516/65551738.html



Thomson Agrees to Buy Reuters for 8.7 Billion Pounds (Update6)
By Mark Herlihy
May 15 (Bloomberg) -- Thomson Corp., owner of the Westlaw Legal database and TradeWeb bond-trading network, agreed to buy Reuters Group Plc for 8.7 billion pounds ($17.2 billion) to become the biggest financial news and information company.
Shareholders of London-based Reuters will get 691 pence in cash and stock for each share, the companies said today. That's 40 percent more than the price on May 3, the day before Reuters, the dominant service for trading currencies, said it was in takeover talks.
The acquisition of Reuters, the 156-year-old news organization that has grown to 2,400 journalists in 131 countries, will increase Toronto-based Thomson's sales to $11 billion and triple its share of the financial data market to 34 percent. Reuters stock rose to 629.5 pence, trading below the offer price on concern that antitrust regulators will block the deal.
Regulatory approval is ``the remaining key hurdle,'' said Anthony de Larrinaga, an analyst at Societe Generale in London. ``There's probably a 75 percent chance of the deal going through,'' he said.
Reuters shares rose as much as 3.9 percent, and traded at 624.25 pence at 12:15 p.m. in London. Shares of Thomson, a former owner of newspapers including the London-based Times, fell 38 cents, or 0.8 percent, to C$46.36 yesterday in Toronto.

http://www.bloomberg.com/apps/news?pid=20601087&sid=akFLDzwyxBHk&refer=home



KKR, Carlyle join race for Thomson unit: source
Reuters
Published: Monday, April 23, 2007
LONDON (Reuters) - Private equity firms Kohlberg Kravis Roberts and Carlyle Group have joined the race for the text book publishing unit of Canada's Thomson Corp. , a source close to the matter said on Monday.
KKR declined to comment, while Carlyle and Thomson officials weren't immediately available for comment.
The two private equity firms are competing separately against Apax Partners , Warburg Pincus and a team comprising Blackstone Group , Thomas H. Lee Partners and Bain Capital, the Times newspaper reported on Monday without citing sources, and adding that bids could come in around $3.5 billion.
Sources close to the process told Reuters in March that Bain, Blackstone and Thomas H. Lee -- former owners of Houghton Mifflin Co. -- were bidding for Thomson Learning.
Germany's Bertelsmann is also mulling teaming up with that bidding group, according to a separate Reuters source.


http://www.ignitelearning.com/contact.shtml


Neil Bush's Ignite! Inc., which develops educational software, is hoping to raise a second round in the near future, says Pamela Richardson, chief operating and strategic officer for Ignite! The company raised more than $5 million in first-round funding last year, she says.Richardson declined to name previous private investors, but documents filed with the U.S. Securities and Exchange Commission indicate the company raised $7.1 million from 53 investors and is seeking $10 million in additional funding, according to online newsletter Private Equity Week, which covers private equity filings with SEC.Ignite!, whose offices are at 11044 Research Blvd. in Northwest Austin, is developing multimedia software that lets students in kindergarten through 12th grade learn standardized curricula based on individual learning methods.


No Child Left Behind: Neil Bush cashes in too
Neil Bush has a colorful history, including
failed S&Ls, insider stock trading scandals, and well, general Bush family corruption.
We already know that
Armstrong Williams received a handsome payday from the taxpayer for pimping No Child Left Behind for Bush, but Neil Bush benefits directly from No Child Left Behind, picking pockets in all school districts as his software company preps students for the standardized tests required by NCLB.
pamindurham's diary :: ::
Neil Bush founded
Ignite Incorporated, a software company that helps students prepare to take comprehensive tests required under the No Child Left Behind act. A phone call by one of the readers of my blog to Ignite's toll free number reached a company directory that was able to locate Neil Bush's extension -- so it's still his baby with the dough rolling in.
Here's a little more info on Neil's profiteering down in Florida. This was back in 2002, before Armstrong Williams got to belly up to the taxpayer's bar:
Governor's Brother Marketing School Software (FlaNews.com):

http://www.dailykos.com/storyonly/2005/1/8/125556/7027


Carlyle's Way
Making a mint inside "the iron triangle" of defense, government and industry.December 11, 2001
Like everyone else in the United States, the group stood transfixed as the events of September 11 unfolded. Present were former secretary of defense Frank Carlucci, former secretary of state James Baker III, and representatives of the bin Laden family. This was not some underground presidential bunker or Central Intelligence Agency interrogation room. It was the Ritz-Carlton in Washington, D.C., the plush setting for the annual investor conference of one of the most powerful, well-connected, and secretive companies in the world: the Carlyle Group. And since September 11, this little-known company has become unexpectedly important.
That the Carlyle Group had its conference on America's darkest day was mere coincidence, but there is nothing accidental about the cast of characters that this private-equity powerhouse has assembled in the 14 years since its founding. Among those associated with Carlyle are former U.S. president George Bush Sr., former U.K. prime minister John Major, and former president of the Philippines Fidel Ramos. And Carlyle has counted George Soros, Prince Alwaleed bin Talal bin Abdul Aziz Alsaud of Saudi Arabia, and Osama bin Laden's estranged family among its high-profile clientele. The group has been able to parlay its political clout into a lucrative buyout practice (in other words, purchasing struggling companies, turning them around, and selling them for huge profits)--everything from defense contractors to telecommunications and aerospace companies. It is a kind of ruthless investing made popular by the movie Wall Street, and any industry that relies heavily on government regulation is fair game for Carlyle's brand of access capitalism. Carlyle has established itself as the gatekeeper between private business interests and U.S. defense spending. And as the Carlyle investors watched the World Trade towers go down, the group's prospects went up.

http://www.redherring.com/Article.aspx?a=6793&hed=Carlyle



The ex-presidents' club
Oliver Burkeman and Julian Borger
Wednesday October 31, 2001
The Guardian
It is hard to imagine an address closer to the heart of American power. The offices of the Carlyle Group are on Pennsylvania Avenue in Washington DC, midway between the White House and the Capitol building, and within a stone's throw of the headquarters of the FBI and numerous government departments. The address reflects Carlyle's position at the very centre of the Washington establishment, but amid the frenetic politicking that has occupied the higher reaches of that world in recent weeks, few have paid it much attention. Elsewhere, few have even heard of it.

http://www.guardian.co.uk/wtccrash/story/0,1300,583869,00.html


Meet The Carlyle Group

http://www.hereinreality.com/carlyle.html


The Carlyle Group

Telecom & Media
Carlyle’s global network of telecommunications and media investment professionals spans both venture and buyout opportunities in North America, Europe and Asia.

http://www.carlyle.com/eng/industry/l2-industry494.html




REUTERS
To its Kondor+ trading and risk management application, Reuters has added additional instrument classes, including structured products, exotic options and interest rate derivatives, and integrated the NumeriX financial libraries and templates, while users can now input their own instruments using the OpenTrade module. A new release of the Trade@ccess web front end for Kondor+ includes compatibility with Kondor Global Limits limits management application, which has a new risk engine for Monte Carlo simulation-based potential futures exposures, and a Basel II regulatory capital module. In early 2005, the company plans to introduce back-office capabilities to Kondor+.Contact: Karen Schuppe T: +33 1 47 62 65 40E:
karen.schuppe@reuters.com
URL:
www.reuters.com/risk

http://db.riskwaters.com/public/showPage.html?page=risk_1204_sr_tech_software


Thomson acquires TradeWeb
Thomson has struck a deal to acquire electronic fixed income network TradeWeb for an initial $385 million in cash plus a three-year earn out of $150 million.
The transaction, which is expected to close later this quarter, had been widely trailed. It pits Thomson into direct competition with Bloomberg, the market leader in fixed income information delivery.
TradeWeb, which is owned by a consortium of eight leading investment banks, is one of the few success stories in the competitive electronic fixed income marketplace. More than $43 trillion in bond trades have been executed over the TradeWeb network since its inception in 1998.
The deal with Thomson coincides with the release of first quarter trading figures which show that institutional investors traded a record $5.4 trillion in fixed-income securities over the platform, up 42% from the same period last year and a 15% increase on the fourth quarter of 2003.

http://www.finextra.com/fullstory.asp?id=11606


Thomson TradeWeb Announces Entry into Retail Fixed-Income Markets; Newly Acquired LeverTrade is Re-branded TradeWeb Retail JERSEY CITY, NJ 07/17/2006
Thomson TradeWeb, the leading online marketplace for Fixed Income and Derivatives, and part of The Thomson Corporation (NYSE: TOC; TSX: TOC), today announced the strategic acquisition of LeverTrade LLC, formerly Global Trade Technologies (GTT), a provider of web-based fixed-income management systems for the retail marketplace. Through LeverTrade's retail fixed-income marketplace, financial advisors and retail representatives from leading firms search commingled inventory from over 30 broker-dealers and generate orders that flow to their internal trading desks. LeverTrade will be re-branded TradeWeb Retail.

http://www.thomson.com/content/pr/tf/tf_fixed_income/2006_07_17_TW_Acquires_LeverTrad




Thomson, owner of the Westlaw legal database and TradeWeb bond-trading network, plans to acquire Reuters, the dominant service for currency trading, in an £8.77bn deal that would create the biggest financial news and information company.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/05/10/cxbloom10.xml


Thomson to Sell Learning Assets for $7.75 Billion (Update5)
By Cecile Daurat
May 11 (Bloomberg) -- Thomson Corp. agreed to sell its textbook and educational testing for $7.75 billion in cash to fund its $17.5 billion offer for Reuters Group Plc and create the biggest financial news and information company.
Apax Partners, a London-based buyout firm, and the Ontario Municipal Employees Retirement System agreed to buy Thomson Learning and Nelson Canada, Thomson said today in a statement.
The sale, which fetched more than analysts predicted, would fund almost all the planned cash portion of the offer for Reuters. Thomson, owner of the Westlaw legal database and TradeWeb bond-trading network, this week offered 8.77 billion pounds in cash and stock for London-based Reuters, a news organization founded 156 years ago by Paul Julius Reuter that now spans 131 countries.
``It's a very good price: That augurs well for the Reuters bid,'' said John Kinsey, a fund manager at Caldwell Securities Ltd. in Toronto, which oversees $900 million, including Thomson shares. Kinsey expected as much as $6 billion for the unit.
Shares of Toronto-based Thomson had their biggest jump in four years as investors became more confident the Reuters offer could be financed. The shares advanced C$1.74, or 3.9 percent, to C$46.74 at 4:10 p.m. New York time on the Toronto Stock Exchange. The stock has fallen 3.4 percent this year.

http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a6Nseuimqmg4


KKR, Carlyle join race for Thomson unit: source
ReutersPublished: Monday, April 23, 2007
LONDON (Reuters) - Private equity firms Kohlberg Kravis Roberts and Carlyle Group have joined the race for the text book publishing unit of Canada's Thomson Corp. , a source close to the matter said on Monday.
KKR declined to comment, while Carlyle and Thomson officials weren't immediately available for comment.
The two private equity firms are competing separately against Apax Partners , Warburg Pincus and a team comprising Blackstone Group , Thomas H. Lee Partners and Bain Capital, the Times newspaper reported on Monday without citing sources, and adding that bids could come in around $3.5 billion.

http://www.canada.com/nationalpost/financialpost/story.html?id=fd4b8ec3-96ac-483d-a9a5-0fae5f63443b&k=69601


Zodiac makes the boats that the Navy Seals use in their operations. Carlyle is clearly a Bush-based company that will give Neal Bush a global career, with aspirations to more political influence rather than simply providing products to a market as a 'contract bidder.'


If Carlyle takes over Thomson it will serve as a threat to the best interests of the American people. The political powerhouses have to be dismantled to remove the country from chronic war and oppressive Right Wing influence putting American assets into huge negative digits and American lives chronically in the hands of powerbrokers.


The USA is currently being run by defunct CEOs that want still another advantage to make the markets work for them when they should have been out of business a long time ago. Part of what makes people like Cheney marketable in the private sector are 'connections' made while in government. There needs to be legislation that inhibit this runaway train. The USA is becoming a power broker clearing house as well as the "Country without Financial Borders" as the world through outsourcing is it's oyster and an illegal invader into small sovereign countries. It no longer is serving the needs and best interests of the people of the USA with Republicans using it as a runaway train to profits.


Power brokers post elected office are a conflict of interest. Companies like Carlyle are putting the worst of the worst in power positions globally allowing pressure to demise companies long standing as reliable and important to equitable consumer interests. The American electorate needs to get it's mind around the destructive nature of this aspect of our reality. People like Moore help, but, when elections favor the Right Wing Republicans adverse realities occur to the people of the country. Post Columbine did we ever think there would continue to be a problem with gun violence in this country? And after 9-11-01 did we ever think we would be mired in an illegal war in Iraq so much as destorying al Qaeda and being the world's hero.


Private business is allowed in the USA under the Consitution but isn't a focus of loyality, it is an issue of regulation. Businesses exploit the freedoms that are supposed to be guaranteed to all of us when they seek power over government policy by having their own political dream teams elected yielding in favoritism profits rather than benevolent policy.


Boat maker being sold as part of deal
Stevensville - Zodiac of North America, a Stevensville-based inflatable boat manufacturer, could be purchased as part of a $1.5 billion deal with a global private equity firm.
The Carlyle Group plans to buy a majority stake in Paris-based Zodiac S.A., parent of the Queen Anne's County company. Under the deal, the Carlyle Group would purchase a new entity that combines Zodiac with Waterpik Technologies, a manufacturer of pool products that Carlyle bought from the company last year. The new entity would be called Zodiac Marine.
J.J. Marie, president and CEO of Zodiac of North America, said it's too early to say how the deal will affect the local shop and its 40 employees.
The Washington-based Carlyle Group, which also is a financial partner in the $250 million Park Place project in downtown Annapolis, would own 72 percent of the new entity. Zodiac would own 28 percent. The deal is expected to close in September.



http://www.hometownannapolis.com/cgi-bin/read/2007/05_13-64/BUS


KKR, Carlyle join race for Thomson unit: source
ReutersPublished: Monday, April 23, 2007
LONDON (Reuters) - Private equity firms Kohlberg Kravis Roberts and Carlyle Group have joined the race for the text book publishing unit of Canada's Thomson Corp. , a source close to the matter said on Monday.
KKR declined to comment, while Carlyle and Thomson officials weren't immediately available for comment.
The two private equity firms are competing separately against Apax Partners , Warburg Pincus and a team comprising Blackstone Group , Thomas H. Lee Partners and Bain Capital, the Times newspaper reported on Monday without citing sources, and adding that bids could come in around $3.5 billion....

...A merger of Harcourt and Thomson's education assets would create a larger rival to compete with major global players such as UK-based publishing group Pearson and McGraw Hill Cos Inc.

http://www.canada.com/nationalpost/financialpost/story.html?id=fd4b8ec3-96ac-483d-a9a5-0fae5f63443b&k=69601

continued...

The Ego is not to be understated.It was though the World Bank could not do without him. I find the statement by the Executive Directors impressive

Comments at bottom:


Statements: World Bank Board, Paul Wolfowitz
Washington, May 17, 2007
STATEMENT OF EXECUTIVE DIRECTORS



Over the last three days we have considered carefully the report of the ad hoc group, the associated documents, and the submissions and presentations of Mr. Wolfowitz. Our deliberations were greatly assisted by our discussion with Mr Wolfowitz. He assured us that he acted ethically and in good faith in what he believed were the best interests of the institution, and we accept that. We also accept that others involved acted ethically and in good faith. At the same time, it is clear from this material that a number of mistakes were made by a number of individuals in handling the matter under consideration, and that the Bank's systems did not prove robust to the strain under which they were placed. One conclusion we draw from this is the need to review the governance framework of the World Bank Group, including the role as well as procedural and other aspects of the Ethics Committee. The Executive Directors accept Mr. Wolfowitz's decision to resign as President of the World Bank Group, effective end of the fiscal year (June 30, 2007). The Board will start the nomination process for a new President immediately...



STATEMENT OF PAUL WOLFOWITZ
I am pleased that after reviewing all the evidence the Executive Directors of the World Bank Group have accepted my assurance that I acted ethically and in good faith in what I believed were the best interests of the institution, including protecting the rights of a valued staff member.



The poorest people of the world, especially in Sub-Saharan Africa deserve the very best that we can deliver. Now it is necessary to find a way to move forward.



To do that, I have concluded that it is in the best interests of those whom this institution serves for that mission to be carried forward under new leadership. Therefore, I am announcing today that I will resign as President of the World Bank Group effective at the end of the fiscal year (June 30, 2007).



The World Bank Group is a critical institution with a noble mission, that of enabling the world's poor – and particularly the more than a billion men, women and children who struggle to survive on less than a dollar a day – to escape the shackles of poverty. I have had the privilege of visiting World Bank Group staff and programs in some 25 developing countries in the last two years. I've had a chance to see with my own eyes and hear with my own ears how eager people are to work hard if they have a chance for a good job, how excited children are to have a chance for the first time to go to school, and how willing parents are to sacrifice so that their children can have a better future.



It has been truly inspirational to be able to help them achieve their goals and it is a privilege for all of us in the World Bank Group to have a chance, every day that we come to work, to make a difference in the lives of those who are less fortunate. I am grateful to have enjoyed that privilege for nearly two years and I am proud of what we have accomplished together as a team.
We provided record levels of support last year to the poorest countries of the world, $9.5 billion, through the International Development Agency (IDA) and we are headed to a new record this year. Half of that support is going to Sub-Saharan African countries, also setting new records;


This is not an exhaustive description of the work of the World Bank Group – or even just the part that I have been involved in – but I need to mention one more thing: the importance of the World Bank partnership with the developed countries to promote sustainable global development:



I suppose I could make light of all this and write a cutesy poem such as "Ode to a Neocon Resignation" but in fact this is more of the same of the 'priviledge of corruption' typical of the Republicans of the USA. I think the USA needs to apologize to the Executive Committee of the World Bank for 'taking advantage' of their lack of infrastructure to successfully deal with these highly invasive aspect of our society.


The only reason Paul Wolfowitz even entertained a position at the World Bank was to have the authoritarian figure of this paramour. Just that simple. He was content making war not love conducting it from morning until night as assistant to Rumsfeld. Being President of The World Bank would provide 'time together' with an otherwise busy woman. The 'ultiimate' position for a man that only sees his priorities as the only priorities. Comfort of a woman and work that reaped them both financial benefits they would be otherwise be deprived. Doing the Lord's work while dipping into the Devil's pocketbook.


The World Bank is better today than yesterday but Wolfowitz's replacement will more than likely be someone as equally as horrible such as John Bolton or Steven Hadley. There is no good replacement while the Neocons "occupy" the Executive Branch. This is just another opportunity for Bush to play musical chairs rather than seeking a truly qualified person that will actually 'fit in' rather than assault an organization forever needed on this globe.


Today in the media, it isn't The World Bank that is elevated for it's firmness in protecting it's rules and laws, but, rather skepticism that it's presence in the future will be mostly nonexistant. I don't see that as a reality. The world outside the USA is not improving, terrorism is spreading due to impoverishment of people. Where impoverishment exists there is fundamental religion. In that understanding, all the suffering a people have to endure must have a reward if even in death and that is what brings extremists to the forefront of turbulent societies. Religious fervor needs to be replaced with economic structure and an appreciation that it serves the best interest of the populous and hence a value of materialism has it's place.


The mission of The World Bank is profoundly needed to combat the war populous around the world cannot fight themselves.


-It is in education of the poor in the face of incalculable odds when lives are laced with violence and poverty.


-A promise of tomorrow when at birth the future holds the same as death, a life of strife.


-Finding among medicine men and holy men, physicians and peacemakers.


-Funding the best of missions with the greatest return for world peace is not an easy task and certainly not one that has a temporal limit.


I thank the members of The World Bank for upholding high standards rather than submitting to the pressures of the corruption of the USA Executive Branch. I would have liked to witnessed a clean and concise resignation that would permanently cap the ability of Mr. Wolfowitz to continue to conduct himself in a priviledged manner, but, that is the plight of the USA electorate and not members of other nations. I wish them well in their endeavors as well as finding the changes within their infrastructure that protects the banks interests in furthering peace and prosperity while envisioning a world where protection of their achievements, prevention of a return of poverty and terrorists, will someday be their sole purpose.