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World Bank

Sell The Lexus, Burn The Olive Tree

Globalization and its Discontents
I was getting myself measured for a straitjacket when I received an urgent message from Bolivia.
The jacket was Thomas Friedman’s idea. He’s the New York Times columnist and amateur economist who wrote The Lexus and the Olive Tree, which is kind of a long, deep kiss to globalization. I was in Cleveland to debate Friedman at the Council on World Affairs meeting in May 2001. Globalization, he told the council, is all about the communications revolution. It’s about the Internet. It’s about how you can sit in your bedroom, buy shares in Amazon.com and send e-mails to Eskimos all at the same time, wearing your pajamas.

The Last Iconoclast

“The vote in the Enchanted State seems a little too enchanted for my tastes. Basically, the election was not won by the voters in your state, but by the people who got to throw out ballots in the last presidential election.”
An interview with Greg Palast on shoplifting the Presidential election in New Mexico and those stenographers called American reporters
By Tim McGivern
Greg Palast grew up in a Los Angeles house sandwiched between a landfill and power plant. Maybe there was something in the air that made him crazy — in a good way.

Ground Zer0-Zer0-Zer0

Greg Palast reports from Center of the World, Ecuador
The equator is far more tacky than I imagined.
I’d taken time out from the state of siege in the capitol to take the twins on a quick holiday further up the Andes (or down, I don’t know which).
Anyway, the Ciudad Centro del Mundo — City at the Center of the World — had loudspeakers on poles scratching out some Inca-cum-New Age Muzak.
It cost a dollar and a half US to stand on the planet’s belly button — that’s a buck fifty in the local currency, too — Ecuador’s been “dollarized,” which is why everyone is flat broke and in a bad mood and why Quechua women in bowler hats were screaming into the cameras, “TODO FUERA! TODO FUERA !” — Everybody out! — in front of the Presidential Palace.

Wolfowitz Turns Down World Bank Post

Neoconservative Accepts Blame for Intelligence Errors
[Brussels] In an unexpected turn of events, controversial US Pentagon official Paul Wolfowitz has turned down the post of President of the World Bank. The Deputy Defense Secretary had won unanimous support of World Bank trustees in a vote Thursday despite widespread objections to the appointment in the European press.

Secret U.S. Plans For Iraq's Oil

By Greg Palast
Reporting for BBC Newsnight (London)
Why was Paul Wolfowitz pushed out of the Pentagon onto the World Bank — The answer lies in a 323-page document, secret until now, indicating that the allies of Big Oil in the Bush Administration have defeated neo-conservatives and their chief Wolfowitz. BBC Television Newsnight tells the true story of the fall of the neo-cons. An investigation conducted by BBC with Harper’s magazine will also reveal that the US State Department made detailed plans for war in Iraq — and for Iraq’s oil — within weeks of Bush’s first inauguration in 2001.

Adventure Capitalism – The Hidden 2001 Plan to Carve-up Iraq

Why were Iraqi elections delayed? Why was Jay Garner fired? Why are our troops still there? Investigative reporter Greg Palast uncovers new documents that answer these questions and more about the Bush administration’s grand designs on Iraq. Like everything else issued during this administration, the plan to overhaul the Iraqi economy has corporate lobbyist fingerprints all over it.