Fact Checking

[t_wolves_fan]

I shall revise so as to protect the non-innocent.

The World Bank (http://web.worldbank.org/WBSITE/EXTERNAL/EXTSITETOOLS/0,,contentMDK:20147466~menuPK:344189~pagePK:98400~ piPK:98424~theSitePK:95474,00.html) was a creation of the United Nations and is not owned by any country. Its member countries split their share of votes based on how much they contribute (seems fair, does it not?). The United States in 2004 had 16.4% of the votes. (http://www.answers.com/topic/world-bank)

No one country "owns" the bank nor has a majority interest in it.

The World Bank has no authority over any country's currency or fiscal practices. It is a development bank that offers loans and grants.

[Jazzratt]

Another one of your banal threads I see.

It's a shame TAT has a life and can't come here to close this immediatly.

[t_wolves_fan]

Originally posted by [email protected] 20, 2006 08:01 pm
Another one of your banal threads I see.

It's a shame TAT has a life and can't come here to close this immediatly.
Why, is posting factual information somehow wrong?

Why is posting factual information "banal"?

Be specific.

[George W. Bush]

Why, is posting factual information somehow wrong?

this is a communist forum and it doesnt support their argument so..

[Jazzratt]

All I'm saying is TAT set a brilliant modding precedent. (http://www.revolutionaryleft.com/index.php?showtopic=60399)

[Dimentio]

The US, Europe and Japan have together about 50% of the votes in the world bank. The 80 poorest countries have about 10%. And yes it is completely correct that the world bank gives ut loans, but only against securities. The worst thing with the bank is that it exists, because it would undoubtly make poor countries dependent.

Japan never needed a world bank during the late 19th century.

[t_wolves_fan]

Originally posted by [email protected] 20, 2006 08:11 pm
All I'm saying is TAT set a brilliant modding precedent. (http://www.revolutionaryleft.com/index.php?showtopic=60399)
Why was it brilliant?

[Jazzratt]

Originally posted by t_wolves_fan+December 20, 2006 08:12 pm--> (t_wolves_fan @ December 20, 2006 08:12 pm)
[email protected] 20, 2006 08:11 pm
All I'm saying is TAT set a brilliant modding precedent. (http://www.revolutionaryleft.com/index.php?showtopic=60399)
Why was it brilliant? [/b]
Because it was an example of him not taking shit from wankers like you.

It also amused me.

[t_wolves_fan]

Originally posted by [email protected] 20, 2006 08:12 pm
The US, Europe and Japan have together about 50% of the votes in the world bank. The 80 poorest countries have about 10%. And yes it is completely correct that the world bank gives ut loans, but only against securities. The worst thing with the bank is that it exists, because it would undoubtly make poor countries dependent.

Japan never needed a world bank during the late 19th century.
What percentage of the loans are taken out involuntarily?

[t_wolves_fan]

Originally posted by [email protected] 20, 2006 08:15 pm
Because it was an example of him not taking shit from wankers like you.

It also amused me.
How is stating fact "giving shit", and why does it make one a wanker?

[Dimentio]

None, but remember that many third world countries are ruled by irresponsible political leaders who only try to enrich themselves. The World bank is aware of that, but does not give loans in good faith but because it is entangling these countries deeper into globalism without any opportunity to go out.

The system itself is creating it's consequences. Politicians, even autocrats, have expenses expected by the people, and even though the public bureaucracies in many thid world countries do not work at all, they are to be financed. The third world cannot remain a resource base for all eternity, and must be given opportunity to reach a higher degree of self-sufficiency.

I am applying my own economic morale here [privately, I never take loans].

[t_wolves_fan]

Originally posted by [email protected] 20, 2006 08:19 pm
None, but remember that many third world countries are ruled by irresponsible political leaders who only try to enrich themselves. The World bank is aware of that, but does not give loans in good faith but because it is entangling these countries deeper into globalism without any opportunity to go out.


You may want to look into any reforms made by the World Bank in recent years to see if they haven't discontinued this practice.

[JazzRemington]

Originally posted by t_wolves_fan+December 20, 2006 03:17 pm--> (t_wolves_fan @ December 20, 2006 03:17 pm)
[email protected] 20, 2006 08:15 pm
Because it was an example of him not taking shit from wankers like you.

It also amused me.
How is stating fact "giving shit", and why does it make one a wanker? [/b]
I think he means that you didn't have to start a separate thread. You could've just posted this in whatever the relivent thread was.

[Guerrilla22]

The World Bank was a creation of the United Nations and is not owned by any country. Its member countries split their share of votes based on how much they contribute (seems fair, does it not?). The United States in 2004 had 16.4% of the votes.

Actually the idea for it came from the French as a way to help it's colonies and it was established at the Bretton Woods conference in 1944, it didn't have anything to do with the UN.

[Jazzratt]

Originally posted by t_wolves_fan+December 20, 2006 08:17 pm--> (t_wolves_fan @ December 20, 2006 08:17 pm)
[email protected] 20, 2006 08:15 pm
Because it was an example of him not taking shit from wankers like you.

It also amused me.
How is stating fact "giving shit", and why does it make one a wanker? [/b]
Pretty much what Jazz said, you shouldn't be pumping this board with your pompous irrelevances.

It's not this that is making you a wanker though, you just happen to be a prize wanker.

[groundinghubris]

Originally posted by [email protected] 20, 2006 08:00 pm
I shall revise so as to protect the non-innocent.

The World Bank (http://web.worldbank.org/WBSITE/EXTERNAL/EXTSITETOOLS/0,,contentMDK:20147466~menuPK:344189~pagePK:98400~ piPK:98424~theSitePK:95474,00.html) was a creation of the United Nations and is not owned by any country. Its member countries split their share of votes based on how much they contribute (seems fair, does it not?). The United States in 2004 had 16.4% of the votes. (http://www.answers.com/topic/world-bank)

No one country "owns" the bank nor has a majority interest in it.

The World Bank has no authority over any country's currency or fiscal practices. It is a development bank that offers loans and grants.
Total votes in order

United States 2,068,906

Japan 1,581,034

Germany 1,013,556

United Kingdom 742,238

France 625,566

world bank website (http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/EXTANNREP/EXTANNREP2K5/0,,contentMDK:20639965~menuPK:1578499~pagePK:64168 445~piPK:64168309~theSitePK:1397343,00.html)

The world bank is set up as anyother bank. with board of directors, members having voting power in decisions made by the bank. the US if far ahead in its voting power then any other, so tell me who really decides what goes on there?

are you really so naive?

[Marsella]

Total votes in order

United States 2,068,906

Japan 1,581,034

Germany 1,013,556

United Kingdom 742,238

France 625,566

world bank website

The world bank is set up as anyother bank. with board of directors, members having voting power in decisions made by the bank. the US if far ahead in its voting power then any other, so tell me who really decides what goes on there?

are you really so naive?

Who gives a shit which countries have the largest amount of presence in the WB.

All that matters is that it is controlled by capitalists. I couldn't care less if English cappies outnumbered American cappies.

[Guerrilla22]

The World Bank is just a way for the world's most powerful and wealthiest states to expolit the poorest states, that's the whole thing.

[groundinghubris]

Originally posted by [email protected] 21, 2006 04:51 am
The World Bank is just a way for the world's most powerful and wealthiest states to expolit the poorest states, that's the whole thing.
which was my point when t wolf fan decided my world bank info was incorrect. that it is ran by capitalist and therefore will only work for their agendas.

but he has a friend who works there and seems to believe it is for the good of us poor folks. awfully white of them, i say.

[groundinghubris]

Originally posted by t_wolves_fan+December 20, 2006 08:03 pm--> (t_wolves_fan @ December 20, 2006 08:03 pm)
[email protected] 20, 2006 08:01 pm
Another one of your banal threads I see.

It's a shame TAT has a life and can't come here to close this immediatly.
Why, is posting factual information somehow wrong?

Why is posting factual information "banal"?

Be specific. [/b]
because you only posted it to try to prove facts wrong. but you only showed your ignorance of truth, once again.

[BurnTheOliveTree]

Its member countries split their share of votes based on how much they contribute (seems fair, does it not?).

Not at all. Totally putting aside the World Bank's crimes (Argentina still recovering after their economy was raped until dead) it should be based on relative contribution. Otherwise it's clearly just going to allow the U.S.A. to run the show with economic bullying.

At the risk of quoting a christian story, the old impoverished woman who gives two pence has given far more than the rich man who gave 100 pounds.

-Alex

[colonelguppy]

Originally posted by groundinghubris+December 21, 2006 01:43 am--> (groundinghubris @ December 21, 2006 01:43 am)
Originally posted by t_wol[email protected] 20, 2006 08:03 pm

[email protected] 20, 2006 08:01 pm
Another one of your banal threads I see.

It's a shame TAT has a life and can't come here to close this immediatly.
Why, is posting factual information somehow wrong?

Why is posting factual information "banal"?

Be specific.
because you only posted it to try to prove facts wrong. but you only showed your ignorance of truth, once again. [/b]
i'm sorry, what wrong facts?

[Guerrilla22]

Originally posted by groundinghubris+December 21, 2006 06:43 am--> (groundinghubris @ December 21, 2006 06:43 am)
Originally posted by [email protected] 20, 2006 08:03 pm

[email protected] 20, 2006 08:01 pm
Another one of your banal threads I see.

It's a shame TAT has a life and can't come here to close this immediatly.
Why, is posting factual information somehow wrong?

Why is posting factual information "banal"?

Be specific.
because you only posted it to try to prove facts wrong. but you only showed your ignorance of truth, once again. [/b]
Yeah, I'm not sure what he's trying to prove, that the World Bank is somehow an organization that helps people? Just like the Department of Defense is defending our rights, I suppose.

[groundinghubris]

Originally posted by colonelguppy+December 21, 2006 09:31 am--> (colonelguppy @ December 21, 2006 09:31 am)
Originally posted by [email protected] 21, 2006 01:43 am

Originally posted by [email protected] 20, 2006 08:03 pm

[email protected] 20, 2006 08:01 pm
Another one of your banal threads I see.

It's a shame TAT has a life and can't come here to close this immediatly.
Why, is posting factual information somehow wrong?

Why is posting factual information "banal"?

Be specific.
because you only posted it to try to prove facts wrong. but you only showed your ignorance of truth, once again.
i'm sorry, what wrong facts? [/b]
No one country "owns" the bank nor has a majority interest in it.
Is a wrong fact. however rules the votes, rules the bank just like anyother corporation with shareholders.

btw the UN does a great job also,
:wacko:

[encephalon]

You may want to look into any reforms made by the World Bank in recent years to see if they haven't discontinued this practice.


What a convenient cop-out my dear sir.

"They may have stopped raping whole nations of peoples. You should check into that. They could be good guys now."

[razboz]

Originally posted by [email protected] 30, 2006 09:14 am


You may want to look into any reforms made by the World Bank in recent years to see if they haven't discontinued this practice.


What a convenient cop-out my dear sir.

"They may have stopped raping whole nations of peoples. You should check into that. They could be good guys now."
:lol:

I dont think anyone doubts how usefull giving large sums of money to poor nations is. I think that the beef a lot of people have with the World Bank, is that in make the nation rich it makes the people poorer.

[Severian]

Originally posted by t_wolves_fan+December 20, 2006 02:03 pm--> (t_wolves_fan @ December 20, 2006 02:03 pm)
[email protected] 20, 2006 08:01 pm
Another one of your banal threads I see.

It's a shame TAT has a life and can't come here to close this immediatly.
Why, is posting factual information somehow wrong?

Why is posting factual information "banal"?

Be specific. [/b]
Here's a radical idea: why not respond to posts...in the same thread?

Pointing out factual errors is a normal part of responding to posts, you don't need to start a separate thread for it.