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(former CEO, H. J. Heinz Co.); Thomas L. Hughes (former Fund (IMF), should always be headed by a European. President of the Carnegie Endowment for International Peace); Nevertheless, according to our sources at the conference, Robert S. McNamara (President Kennedy's Secretary of Defense European Bilderbergers are not at all pleased with continuing the and former President of the World Bank); William P. Bundy status quo, in which the US nominates a single candidate after (former President of the Ford Foundation, and former editor of the informal consultations with World Bank members. Council on Foreign Relations' Foreign Affairs journal); John J. The Zoellick nomination also appears to short-circuit McCloy (former President of Chase Manhattan Bank); George F. burgeoning calls for reform of this selection process at the World Kennan (former US Ambassador to the Soviet Union); Paul H. Bank, one of the cornerstones of the global financial architecture Nitze (former representative of Schroeder Bank; Nitze played a as designed by the victors of World War II. One Belgian very prominent role in matters of arms control agreements, which Bilderberger proposed "a merit-based selection process, without have always been under the direction of the RITA); Robert O. regard to nationality", something which will obviously be Anderson (former Chairman, Atlantic Richfield Co., and discarded by the inept Bush administration. What is quite Chairman, Aspen Institute for Humanistic Studies); John D. remarkable is that on several occasions European Bilderbergers Rockefeller IV (former Governor of West Virginia, now US openly rejected the current model, saying "the nomination reeks Senator); Cyrus Vance (Secretary of State under President of double standards", especially because both the USA and the Carter); Eugene Black (former President of World Bank preach accountability and the World Bank); Joseph Johnson (former transparency to developing countries—the President, Carnegie Endowment for main clients of the bank. International Peace); Gen. Andrew J. But with the IMF under the control of a Goodpaster (former Supreme Allied i Spaniard, Rodrigo Rato, and the European Commander in Europe, and _ later The United States and Central Bank headed by a Frenchman, Jean- Superintendent of West Point Academy); Europe have a tacit Claude Trichet, it was difficult to imagine that Zbigniew Brzezinski (National Security the USA would give up control of the World Adviser to President Carter, co-founder of the agreement between Bank. Only the US Federal Reserve would Trilateral Commission); General Alexander them that the remain in the hands of the Americans. Haig (once European NATO Commander, World Bank's President "Replacing one Bush appointee with former assistant to Henry Kissinger, and later another will not resolve the fundamental Secretary of State under President Reagan); should always be a governance problems of the World Bank," James S. Rockefeller (former President and A . said one Scandinavian. "Member Chairman, First National City Bank, US national, while governments should reject a back-door now Citibank). its sister institution, deal that leaves the bank's governance the International structure intact, and should press for an open, merit-based selection process," he Monetary Fund (IMF), said. should always be headed by a European. BILDERBERG 2007 CONCLUSIONS Thanks to our inside sources at the conference, we have compiled what we believe to be an accurate and a credible model of the Bilderberg 2007 conclusions. Following is a summary of some key points with some additional commentary added. Other subjects discussed were climate change and global warming, Turkey's role in the new European Union, World Bank Zoellick's name also raised eyebrows among development groups for his close ties to the US establishment and corporate interests. One of the attendees (I have not been able to confirm this individual's identity) asked Zoellick how he was planning to patch up relationships with Third and Fourth World nations when he is best remembered during his tenure as US reforms, Middle East geopolitics, the conflict in Iraq, Iran's Trade Representative for arm-twisting poor nations’ governments potential nuclear threat, and the future of democracy and to adhere to US-imposed intellectual-property laws that make populism. medicines, for example, unaffordable in the developing world. Zoellick has been a close friend to the brand-name pharmaceutical Robert Zoellick and The World Bank industry, and the bilateral trade agreements he has negotiated The United States delegation is standing unanimously behind effectively block access to generic medications for millions of Robert Zoellick's candidacy as the next President of The World people. Bank. Zoellick is a 53-year-old Wall Street executive, a former However, what has really riled both the American and official in two Bush administrations and a free-market European delegates is the fact that the World Bank's dirty linen is fundamentalist. During the meeting, he pledged "to work to being washed in public, thanks in great part to Paul Wolfowitz restore confidence in the bank". "We need to put our differences and his ineptness, which incidentally he has blamed on the press. aside and focus on the future together. I believe that the World [Postscript: On 25 June, Robert Zoellick was unanimously Bank's best days are still to come," Zoellick said. The chances of elected President of The World Bank for a five-year term, taking Zoellick not being approved for the presidency are slim to none. over from Paul Wolfowitz on | July. In a statement posted at The final decision is to be made in late June by the bank's 24- http://www.worldbank.org, he said: "Once I start at the World member board of directors. Bank, I will be eager to meet the people who drive the agenda of The United States and Europe have a tacit agreement between overcoming poverty in all regions, with particular attention to them that the World Bank's President should always be a US Africa, advancing social and economic development, investing in national, while its sister institution, the International Monetary growth, and encouraging hope, opportunity and dignity."] agreement between __ them that the — should always be a US national, while its sister institution, the International Monetary Fund (IMF), should always be headed by a European. Robert Zoellick and The World Bank The United States delegation is standing unanimously behind Robert Zoellick's candidacy as the next President of The World Bank. Zoellick is a 53-year-old Wall Street executive, a former official in two Bush administrations and a free-market fundamentalist. During the meeting, he pledged "to work to restore confidence in the bank". "We need to put our differences aside and focus on the future together. I believe that the World Bank's best days are still to come," Zoellick said. The chances of Zoellick not being approved for the presidency are slim to none. The final decision is to be made in late June by the bank's 24- member board of directors. The United States and Europe have a tacit agreement between them that the World Bank's President should always be a US national, while its sister institution, the International Monetary 20 = NEXUS The United States and Europe have a tacit www.nexusmagazine.com AUGUST - SEPTEMBER 2007