World Bank Stiffing Iraq

The World Bank is doing its best to end up on the same pile as the United Nations - they are denying loans to Iraq because their current government isn't elected:

In a statement worthy of the French diplomat he apparently aspires to become, World Bank President James Wolfensohn concluded his meeting with the Iraqi Governing Council with the disdainful remark that "a constitution and an elected government would constitute a recognized government, but what do we do in the meantime?"

Whoaaa there, Daddy Warbucks! Hold the sauterne and the foie gras!

I don't recall that Saddam's regime was elected. Or that it governed by a constitution. Yet that terror-state was recognized as legitimate by the world's diplomats and international bankers. Every slithering, interest-bearing one of them.

And now Iraq's interim Governing Council doesn't deserve the level of recognition accorded Saddam Hussein?

This is a double standard of such a disgraceful magnitude that the only appropriate adjective is "European."
# | August 01, 2003
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