Thursday, August 16, 2007

World Bank Investing Billions in Iran

The Iranian threat to Israel, the United States and the West continues with another angle, according to an article written by Mark Kirk. Both the U.N. Security Council and the International Atomic Energy Agency have found Iran in breach of its obligations under the nuclear Non-Proliferation Treaty. The IAEA reports that Iran ignored the Security Council's February deadline to stop enriching uranium and has even expanded its nuclear program.

As Iran's Atomic Energy Organization moves toward its announced goal of operating 50,000 uranium enrichment centrifuges in Natanz, the World Bank is funding nine government projects in Iran totaling $1.35 billion -one of which operates in Isfahan, where Iran's nuclear program is headquartered. While the World Bank is part of the U.N. family, the bank's board is disconnected from the policies of key U.N. agencies -- especially the Security Council and the IAEA. The United States remains the top investor in the World Bank, contributing $950 million in 2006 and $940 million this year. In June the House of Representatives approved another $950 million. Meanwhile, the bank will disburse $220 million to Iran this year, with more than $870 million in the pipeline for 2008, 2009 and 2010.

Presidents Carter, Reagan, Bush, Clinton and Bush all certified that Iran is a state sponsor of terrorism. The Treasury Department's Office of Terrorism and Financial Intelligence spends considerable effort locating Iranian assets to freeze. Yet published World Bank documents reflect a worldview toward Iran that is backward, uneducated and outdated. All current projects in Iran are based on a 2001 Interim Assistance Strategy, in which the bank wrote: "There is a relatively animated and active political competition in Iran through which people express their views, choice of society, economic aspirations and political representation. Since the 1979 Revolution, Iran has given strong and special emphasis to human development, social protection, and 'social justice,' with significant progress to date."

The 2001 bank document notes that Iran has begun "an era of d├ętente and greater openness to the outside world." The Security Council and the IAEA appear to disagree with that assessment. Basically the World Bank is undermining the UN and our entire Western World. (Washington Post)·

Apparently, the United States is funding the World Bank, which is funding our nuclear terrorist enemy Iran. Please pray that those in authority in the UN will revise this document supporting the "new" Iran and deal realistically with this rogue nation under its President Ahmadinejad. Call attention to your Congressman about the details of this article so that US funds can be withdrawn from the World Bank until the correct view is established. Praise the Lord for revealing this information through journalist Mark Kirk. · "Discretion shall preserve thee, understanding shall keep thee. To deliver thee from the way of the evil man, from the man who speaketh froward things; Who leaves the paths of righteousness, to walk in the ways of darkness." (Proverbs 2:11-13)