World Bank now the U.S. Neocon Bank

Paul Wolfowitz as World Bank president. Right in line with giving the Medal of Freedom to Paul Bremer. This administration puts ideology before reality at all times. 'In fact, economic ideology may explain why U.S. officials didn't move quickly after the fall of Baghdad to hold elections - even though assuring Iraqis that we didn't intend to install a puppet regime might have headed off the insurgency. Jay Garner, the first Iraq administrator, wanted elections as quickly as possible, but the White House wanted to put a "template" in place by privatizing oil and other industries before handing over control. The oil fields never did get privatized. Nonetheless, the attempt to turn Iraq into a laissez-faire showpiece was, in its own way, as much an in-your-face rejection of world opinion as the decision to go to war. Dogmatic views about the universal superiority of free markets have been losing ground around the world.' Paul Krugman on Wolfowitz as World Bank prez. Wolfowitz was the man who said Iraqi oil would pay for its own invasion, that's what he knows about finance.