Posted on 05/16/2007 3:35:23 PM PDT by Sleeping Beauty
Sorry guys — there seems to be an intellectual flaw in this thread.
Tomorrow, when reality catches up with attitude — the smart folks can continue this discussion on a different thread.
Actually, FT is pretty liberal (similarly to WSJ, which was found to have the most left-leaning “news” bias of all major print media, unlike her editorial content), both in news and editorial content, except for several columnists like Emity Shlaes and Paul Johnson (both of them have written excellent books).
“....and why it [the World Bank] is so important to our US economy and US-based multinational corporations?”
Think of UN’s Oil For Food Fraud - a lot of corporations couldn’t legally or “legitimately” do business with Saddam, without UN OFF programme cover. WB is even better than UN as it provides not only cover of legitimacy, but it practically guarantees profit because any potential losses are underwritten by US taxpayers.
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