AlterNet: Who's Afraid of the Big, Bad Wolfowitz: "To some, Paul Wolfowitz's nomination to be president of the World Bank is yet another sign of neoconservative political hegemony; to others, it smacks of a setback for the neocons, as it means one of their top (though least doctrinaire) defense intellectuals will, for the first time in his career, be using balance sheets, not bullets, as instruments for realizing formidable political vision.

How well he'll do is anyone's guess. There were, however, a few comments of optimistic or deferential cast in last Tuesday's papers regarding the deputy secretary of defense that bear commenting on, in the service of divining what we're likely to see from the architect of 'free and democratic Iraq' – which a report released by the anti-corruption group Transparency International reveals is reeling with corruption and graft, thanks in part to the poor planning and practices of the U.S.-led invasion and occupation that was Wolfowitz's baby."

(Via AlterNet.)