Paul Wolfowitz, a longtime associate of Vice President Dick Cheney, was a former deputy secretary of defense and architect of the second Iraq war. In 2005 he became president of the World Bank after nomination by President Bush and election by a 24-member executive board.
The World Bank is a group of five international organizations responsible for providing advice and financial assistance to countries for the purposes of economic development and eliminating poverty. The bank board was incensed recently when it was learned that Wolfowitz had secured a pay-raise for his “companion” Shaha Riza. Wolfowitz, who is divorced, and Riza have been “close” for several years. The raise nudged her salary from $132,590 to $193,590, all of which is tax-free because of her status as a diplomat.
Riza had worked at the State Department under the supervision of Elizabeth Cheney, VP Dick’s daughter. She now serves as a consultant to the Foundation for the Future, a nonprofit group that promotes public education with the intent of guiding humanity. That means World Bank is paying her almost $200,000 to work for someone else.
The Riza raise, back-dropped against the World Bank goal of eliminating poverty, is a public spectacle. According to the World Bank 2006 annual report, Wolfowitz, has a salary of $391, 440.
The Clintons are corrupt, but I long for the good old days.
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