Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (16047)	3/22/2005 10:27:57 AM
From: Bucky Katt	Read Replies (2) \| Respond to of 20773

Funny, isn't it, that Prez Bush has nominated Paul Wolfowitz for World Bank head, when he seems to be math challenged. ________________ Enlisting countries to help to pay for this war and its aftermath would take more time, he said. "I expect we will get a lot of mitigation, but it will be easier after the fact than before the fact," Mr. Wolfowitz said. Mr. Wolfowitz spent much of the hearing knocking down published estimates of the costs of war and rebuilding, saying the upper range of $95 billion was too high, and that the estimates were almost meaningless because of the variables. Moreover, he said such estimates, and speculation that postwar reconstruction costs could climb even higher, ignored the fact that Iraq is a wealthy country, with annual oil exports worth $15 billion to $20 billion. "To assume we're going to pay for it all is just wrong," he said. ___________ And what is the structure of the World Bank? web.worldbank.org