Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
"A world that doesn't learn from history is condemned to repeat it," said World Bank President Robert B. Zoellick. "While the recent G20 meeting focused on financial issues, we need to learn from the history of past crises, when governments squeezed for cash cut into social programmes with often devastating impacts on the poor."

As usual, Zoellick seems willing to pirate Santayana conveniently ignoring the source of his near-exact quote- right along with conveniently ignoring the source of this wide-spread trashing of the safety nets--

World Bank loan requirements and policy.

Can we anticipate the increased availability of loans from the world Bank to private firms who, in private-public partnerships(tm)might kindly wish to help reconstruct those same nets?
Frying pan into the fire?

Capitalism searches out the darkest corners of human potential, and mainlines them.

by geezer in Paris (risico at wanadoo(flypoop)fr) on Wed Apr 22nd, 2009 at 06:15:01 AM EST
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