Tuesday, December 18, 2007

From the annals of "I'm so glad my tax dollars are going to good use":

The WSJ reports today that the head of the World Bank's anticorruption unit is coming under fire from "anonymous" co-workers for exposing corruption in the bank. Her crimes include bringing to light the tens of millions of dollars lost to corruption in a "Reproductive and Child Health" project in India and the fact that many whistleblowers are being killed in a $630 million roads project in the Phillipines. You'd think she would be heralded for her work, when in fact she may lose her job.

Also reported today was a failed vote in the Senate that would have capped the incomes of eligible recipients of farm subsidies to farmers with incomes greater than $750,000 per year. As the following quote points out, they sure need it: "Farmers will reap around $20 billion this year in federal handouts - despite strong crop prices and rising land values - and two-thirds will go to the wealthiest 10% of farms." Nice.

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