The Wolf at the Door

"The Western media have, to put it mildly, been somewhat dismayed with the nomination of Paul Wolfowitz to be head of the World Bank.

"Wolfowitz’s nomination has to be seen in the context of the growing (and increasingly organised) opposition to the imperium’s economic assault led by Venezuela, India, Brazil and to a lesser degree, Russia.

"With the nomination of Wolfowitz [the U.S.] is hoping to enforce its continued control of the global economic system through the major lending institutions of the World Bank and the IMF and the continued rule of the petro-dollar. Frankly, I view it as a last-ditch attempt to maintain its hegemony in a rapidly changing world.