Saturday, February 2, 2008

The World Bank and Familiar Bedfellows

The World Bank is an organization that was set up after the second World War and was ratified during the Breton Woods conference of 1946. Since then it has evolved into one of the major lending houses all over the world, with an extremely strong presence in underdeveloped countries. Before we go into exactly what the World Bank does lets examine the roots of the organization and the strange relationship it's presidents have had with private enterprise and state in the United States of America. The bank is comprised of the following five divisions:

In the bank's history they have had eleven presidents, each president must be an American citizen and also must be nominated by the American president at the time, further leading me to the belief that it doesn't matter who is in office, since the people with similar track records continue to be nominated.

Eugene Meyer:
- Head of the War Finance Corporation
- Board of Govenors of the Federal Reserve System
John J McCloy:
- Assistant Secretary of War
- Chairman of Chase Manhattan Bank
- Chairman of the Ford Foundation
- Trustee of the Rockefeller Foundation
- Chairman of the Council on Foreign Relations
- Advisor to John F Kennedy, Lyndon Johnson, Richard Nixon,
Jimmy Carter and Ronald Regan
Eugene R Black
- Chairman of the Federal Reserve
George David Woods
- Vice president at Chase Bank
Robert McNamara
- US Secretary of Defense
- President of Ford Motor Company
Alden W Clausen
- President and CEO of BankAmerica
Barber Conable
- US Congressman
Lewis T Preston
- CEO JP Morgan & Co
James Wolfensohn
- Trustee of the Rockefeller Foundation
- Trustee of the Brookings Institute
- A member of the Bilderberg Group
- Member of the Council on Foreign Relations
Paul Wolfowitz
- US Secretary of Defense
- US Arms Control and Disarmament Agency
Robert Zoellick
- Department of the Treasury
- Vice President of the Federal National Mortgage Association
- Member of Project for a New American Century
- US Trade Representative
- Deputy Secretary of State
- Member of the Council on Foreign Relations, Trilateral Commission and
The Bilderberg Group
- On the Advisory board of Enron

A quick look through that list should at least raise the concern that such an important post is chosen to without public vote or for that matter public knowledge. Furthermore we need to look at the close ties these people have to each other and major banking interests around the world.