In an editorial defending World Bank president Paul Wolfowitz, the Wall Street Journal noted that big salaries are the norm at the World Bank. About 14 percent of the World Bank’s roughly 10,000 employees are paid more than the U.S. secretary of state makes, which is about $186,000. Plus, the bank reimburses its U.S. employees for U.S. income taxes. “Clearly ‘fighting poverty’ does not mean taking a vow of poverty,” the editorial said.
Posted by Phillip Brownlee
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5 Comments
Corporate executives and CEO’s have raised the bar so high, that 186,000 sounds like chump change!
The Rat is still in charge of the cheese.
Wow, nice job of hiding the real reason folks are upset. Wolfie brought the bush misadministration’s policy of cronyism and politics uber alles to the world bank.
And we are surprised, why? It is a pattern with bushco. Appoint the incompetent based on their personal loyalty to the BFEE.
Heck of a job, wolfie?
Out of the 10,000 employees how many actually show-up to work?
Must be nice.
Is there anyplace in politics today that is not corrupted by greed? So while the politicians continue to have the people fighting about gay marriage and abortion, the true enemy of our country – corporate greed – will continue to eat away at our great country and bring us down.