White House Cutting its Losses on Wolfowitz

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Forty-two former World Bank senior executives have written a letter urging the resignation of World Bank president Paul Wolfowitz, and if you’re wondering if the White House will turn a deaf ear to them the way they have towards the bipartisan calls for Alberto Gonzales’ resignation, wonder no longer. According to news reports, the White House has drawn up a list of possible replacements for Wolfowitz. (Maybe it was the fact that Wolfie breached national security for something as silly as getting his lady friend a job.) I found this interesting:

Most prominent on the list is Ashraf Ghani, the man credited with overhauling the economy of Afghanistan after September 11… Such an appointment would mark the first time a non-American has held the position in the 60-year history of the global lender.

If you’re wondering why the White House has so much control over naming the head of the World Bank, an international aid organization independent of the United States government, it’s because the U.S. and Europe have worked out a sweet deal wherein the U.S. names the World Bank president and the E.U. names the head of the IMF. Asia, who is grossly underrepresented in both organizations, has little say. The situation with Wolfowitz has created calls to revamp this privilege-laden process.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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