"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Tuesday, September 18, 2007

THIS REMINDS ME OF OJ'S CLAIM HE WAS GONNA HUNT DOWN NICOLE'S KILLERS: "World Bank and U.N. to Help Poor Nations Recover Stolen Assets"

NYTIMES:
The World Bank and the United Nations announced Monday that they were setting up a system to help developing nations recover assets stolen and sent abroad by corrupt leaders that amount to an estimated $40 billion a year.

“There should be no safe haven for those who steal from the poor,” Robert B. Zoellick, the bank’s president, said in presenting the plan with Secretary General Ban Ki-moon.

Mr. Zoellick estimated that the overall cross-border flow of global proceeds from criminal activities, corruption and tax evasion was $1 trillion to $1.6 trillion annually, and said that even a small portion of that could provide financing for much-needed social programs.
  • MAYBE ZOELLICK AND MOON CAN DO IT, BUT I DOUBT IT.
  • I SUSPECT THAT THEY'LL HAVE TO CLEAN THE "AUGEAN STABLES" OF THEIR OWN INSTITUTIONS FIRST.
  • AS IT STANDS NOW, THE UN AND THE WB HAVE ENORMOUS PROBLEMS OF THEIR OWN.
  • HAVING THESE INSTITUTIONS INSPECT THIRD WORLD KLEPTOCRACIES WILL WORK ABOUT AS WELL AS OIL-FOR-FOOD.

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