Friday, March 18, 2005

But It's Always BEEN the "Ugly American Bank"

I usually agree with much of what Paul Krugman has to say, but when he argues that the appointment of Paul Wolfowitz turns the World Bank into the "ugly American bank" all I can do is shrug. Paul, it's always been the ugly American bank, and most of what it does is reprehensible. If you don't believe me, check out some of what Greg Palast has written about it. The World Bank is a tool of big corporations who move into poor countries, privitize everything in sight, and loot the hell out of the place.

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