First link I sent was to the report of the Ethics Committee (sic!) of the
World Bank.

This link:

http://siteresources.worldbank.org/NEWS/Resources/secondreportoftheadhocgroup.pdf

is the the second report of the Ad Hoc committee, created of by and for
the board of directors.

Now you might think that such stupidity, arrogance, incompetence is the
perfect reflection of the Bush administration, and that such traits don't
serve the bourgeoisie well.  You would be right. And wrong. And both
at the same time.

Bolton at the UN, Gonzalez at Justice, Wolfowitz at the World Bank, not to
mention the clowns at EPA, Education, and Interior-- but this is not
just buffoonery, it's buffoonery with a purpose.  In their incompetence,
and arrogance, they perform the most essential function of discrediting
and destroying the detested, costly, institutions they represent, administer,
control.

The US congress has been practicing this on itself for sometime now, and has
just about completed its task.

So too with Bush.  How better to discredit the UN, the Bank, the very notions
of justice, education, law that are so burdensome, and expensive, to our
hedge-funded, blind-sided, sub-primed, ruling class?

Nothing matters to profit except profit, and ideology depreciates everything
else.  Capitalism doesn't really represent reproduction when the rate
of return cracks its dismal whip-- it represents destruction.  Thus Iraq can be
destroyed, looted, balkanized, but it cannot be rebuilt by the US.
And New Orleans?  a Baghdad along the Mississippi.

The discrediting of government, of governing, is one more facet of the
depreciation of fixed assets after overproduction.

This is, in all its miserable grandeur, the apex of capitalist achievement--
a pathology of accumulation that becomes unrelieved destruction.

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