Wolfowitz, Tobias and the DC Madam: Washington’s Season of Scandal

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Poor Paul Wolfowitz. The man lied to get the United States into a disastrous war, with hundreds of thousands of casualties and hundreds of billions in taxpayers’ money lost…and then he got tagged for helping his girlfriend get a measly USD$193,500 job at the World Bank. Doesn’t seem fair. It is as if he had gotten away from robbing a bank with nothing more than a parking ticket on the getaway car.

His friends protest; they say the car was parked legally.

But Wolfowitz is a very lucky man. Hanging would have been getting off easy. And he won’t even get any points on his driver’s license.

‘Tis the season for scandal in Washington. We hear that Randall Tobias, Deputy Secretary of State and former CEO of Eli Lilly (NYSE:LLY), has resigned for having patronised the escort services of one Miz Julia, now known as the ‘D.C. Madame.’

But he did nothing illegal, he swears. He ordered up the girls to his condo ‘like pizza.’ He just wanted a massage. What’s the harm in that?

Miz Julia’s clientele also extended to lowly pols and pontificators, like Dick Morris of Clinton fame, and Harlan ‘Shock and Awe’ Ullman, the Clausewitz of the Iraq debacle.

Domino’s must have changed a great deal since we last patronised it. The most exciting thing we ever got from the firm was pepperoni and cheese.

Bill Bonner
The Daily Reckoning Australia

Bill Bonner

Bill Bonner

Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
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