Saturday, December 15, 2007

No longer #1

Eisenhower was the prime mover behind the World Bank International Development Association, which provides loans and grants to the poorest nations in the world. We have always been the largest donor to this cause. That was yesterday; today it's England.

While we are still the largest donor to poor nations when all programs are considered, one wonders whether the World Bank situation is a harbinger of things to come.

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