Look how the World Bank uses its money.....

Why on earth are they funding Iran????

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.

Yet published World Bank documents reflect a worldview toward Iran that is backward, uneducated and outdated.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."