Can the Senate have a 'vote of no confidence' on Wolfowitz?

[ck4829]

Non-binding unfortunately, but a resolution saying that the Senate believes that Wolfowitz is compromising the integrity of the World Bank, they can do that, right?

[whistle]

1. The World Bank is not a department of the U.S. Government

...I don't believe, it is run by private corporation for banks to get involved with developing countries for the primary purpose of enriching banks and economically and politically enslaving those countries. Officially the World Bank serves a more altruistic function as the attached suggests.

<SNIP>

Inside the World Bank

You can't deposit or withdraw money at the World Bank. And you can't have checking or savings account either. Despite its name, the World Bank is an international development organization owned by more than 180 countries—both developed and developing. Its role is to reduce poverty by lending money to the governments of its poorer members—often called developing countries—to improve the health of their economies and to improve the standard of living of their people.

The Bank is also one of the world's largest research centers in development economics, which includes the study of poverty, trade, globalization, and the environment. It has specialized departments that use this knowledge to advise countries in such areas as health, education, nutrition, finance, justice, law and environment.

Another part of the Bank, the World Bank Institute, offers training to government and other officials in the world through local research and teaching institutions.

When Was the Bank Established?
The World Bank was established in 1944 to help rebuild Europe and Japan after World War II, and its official name was the International Bank for Reconstruction and Development (IBRD). When it first began operations in 1946, it had 38 members. Today, most of the countries in the world are members. Which countries belong to the Bank?

<MORE>

http://youthink.worldbank.org/about/inside.php


<ALSO SEE>

http://www.apfn.org/THEWINDS/1998/11/usaid_world_bank.html