As I was saying before I was so rudely interrupted on February 7, 2006, the very idea that Paul Wolfowitz had the “moral authority” in the first place to take over the World Bank is preposterous.
See, everybody’s talking about whether Wolfie has the “moral authority” to continue, considering that he gave his girlfriend, run-of-the-mill World Bank flack Shaha Ali Riza, a package that’s probably bigger than his. Let’s not even dwell right now on the sweet deals he’s bestowed on aides Kevin Kellems (Dick Cheney’s former flack) and Robin Cleveland (former White House budget aide with a juicy role in a Boeing scandal). Start with Sebastian Mallaby‘s piece in the April 13 Washington Post for details on all three.
While you’re at it, go to this Post page for lots of links to lots of Wolfie stories.
Just last night, Wolfowitz suffered a staggering blow when the Financial Times editorial page called for his ouster:
Bank insiders tell me that the London bidness paper is by far the most influential newspaper in the halls of the bank and among the Europeans and others who take the bank seriously.
And this just in from the Times (U.K.):
Hank Paulson, the US treasury secretary, offered only tepid support for Wolfowitz, saying he would not comment on what the board should decide. “This should not be read as any lessening of the United States’ support for Paul Wolfowitz,” he said. Pressed to endorse Wolfowitz’s continuing tenure he added: “I said what I said.”
Some ministers believe that Wolfowitz can no longer command the moral authority to demand an end to nepotism in the financial affairs of developing countries that he has criticised for corruption and poor governance.
Sorry to smirk, but before the Bush Beat was canceled by new management, I was the person who broke the news way back in September 2005 that Wolfie had set up a sweetheart deal for his gal pal at the State Department — where she works with Liz Cheney, daughter of you-know-who.
Or if you want confirmation from a fair and balanced outlet, see last Thursday’s Fox News story by Richard Behar:
And on what might be the eve of Wolfie’s ouster from the presidency of the world’s largest and most important bank, let’s take a look at just one result of his hubris.
Wolfie has taken full advantage of his celeb status to hang with Bono and Bob Geldof. As for the people who work for him, like the 7,000 World Bank employees in D.C., well, he’s been about as charitable as Frank Capra‘s banker, Mr. Potter. Tim Shipman, filing from D.C. tonight for the Sunday Telegraph (U.K.), notes:
He created an ethics police to monitor bank employees’ expenses and even scaled down the office Christmas party — something that sparked cries of hypocrisy when Miss Riza’s package was exposed.
Bank staffers have already booed and hissed him. An anonymous post last night on the bank’s private, internal bulletin board sums up the developing feeling in the halls of the development bank:
Our clients do not trust you, our partners do not trust you, staff does not trust you. The only one who as expressed support is GW Bush and we all know his shortcomings. So my plea is: Don’t be like that. Don’t hang on to the last bit of power until you are kicked out, by the board or by the staff. Act with dignity. You must leave now. If you don’t, you will be booed at townhall, people will mock your op-eds, clients will turn to others, and not only will you not be effective, you will contribute to bringing this institution further down the lines of irrelevance and obscurity. Leave now.