Why I Do Not Support Obama’s Appointment of Jim Yong Kim to Head the World Bank

smartknowledgeu's picture

A lot of people have asked me recently, “What do you think of Jim Yong Kim's appointment to the World Bank?”, expecting me, as a Korean, to beam proudly at having a prominent member of the Korean community now head one of the world's most powerful institutions. Sadly, many Koreans will gladly grant the expected reaction of "That's great!" or "That's awesome having one of our own represent us at such a high level." And these people that give this answer just because they are Korean and Jim Yong Kim is Korean represent a critical problem with the world today. What more idiotic reason to support a person or think a person is “great” just because you share the same race and skin color as someone else? But yet many sheeple subscribe to exactly such foolishness and utter lack of critical thinking. At first glance, Jim Yong Kim seems like a decent person. He developed programs in Haiti in the 1990s for treating tuberculosis at reduced costs of $150 to $200 a patient, but to imply he is a pioneer and great success due to this matter, as a Wikipedia entry implies, simply is not forthcoming. 


Many drugs and treatment programs in other developing countries, not just Haiti, are a fraction of their cost in the United States, because pharmaceutical companies, if they want to sell any of their drugs in other countries, must drastically slash their prices to make them affordable to people of greatly reduced incomes. And we all know that the pharmaceutical industry’s number one priority is making money and that even at these drastically slashed prices, they are still turning a profit in most instances sans a few isolated cases of products designed to be loss-leaders. Still, many Asians, after hearing sound bytes like this, will stop using their brains and will throw their support behind Dr. Kim, stating that Dr. Kim will bring a fresh perspective and hope to an abysmal organization like the World Bank, much in the same capacity that people of color rationalized voting for Barack Obama in 2008, falsely believing, simply due to his skin color, that he would bring great change to an office in which people had lost a great amount of faith.


If one looks at Jim Yong Kim’s history, there are many red flags to consider before anyone should support this appointment. Kim was formerly an adviser to the director-general of the World Health Organization (WHO), an organization whose critics have accused it as serving as a front for the pharmaceutical industry to force health care initiatives upon countries, not for the benefit of the people, but for the profits of the industry. Most recently, critics accused the WHO of magnifying the reality of the “swine flu” threat way out of proportion solely to benefit the pharmaceutical companies that were manufacturing the swine flu vaccine. 


Interestingly enough, over many decades now, Presidents and Prime Ministers of numerous developing countries have levied similar damning accusations against the World Bank, accusing the World Bank of being a bank that only serves the interests of Europe and the US to the detriment of their countries. And this is precisely why I believe that this current US administration is putting a yellow face to lead the World Bank now. This move, in my opinion, is 100% political with Machiavellian intentions. And whether Dr. Kim knowingly is part of this plan or an innocent pawn that is being used, he is just a puppet in a larger plan to deceive rising powers in India, China and other countries dominated by people of color and to convince their leaders to trust an inherently untrustworthy and immoral organization like the World Bank.


With the enormous media attention given John Perkin’s book, “Confessions of an Economic Hit Man”, in which he confessed that his function “was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID” that he knew they could not repay, it is hard to believe that Dr. Kim would be unaware of the shady past of the World Bank. Basically, Perkins stated that much like "liar mortgage loans" destroyed individual families in the US, World Bank loans magnified the scope of destructive loans to the entire developing world. Perkins stated that once the World Bank and IMF imposed crippling debts on developing nations by selling them false analytical reports of economic growth that were impossible to achieve, US bankers then moved in and forced these countries to accept “bailouts” that were littered with concessions favorable to Western interests and detrimental to the citizens of these countries that otherwise never could have been achieved. Ultimately, Perkins stated, these concessions widened the disparity of income gap not only within these countries and also between developed nations and developing nations, but that these immorally gained concessions further subjugated these nations to future control by Western interests by setting the economic development of these countries back by decades.


From a logical perspective as well, it is obvious that Dr. Kim has been selected throughout his career to move up the chain of command. What qualifies a medical doctor to become President of a university with no training in education? Yet Dr. Kim was appointed as President of Dartmouth University. Furthermore, what qualifies a medical doctor to head an international banking organization with no training in finance? Yet President Obama appointed Dr. Kim to become head of the World Bank. Dr. Kim's promotions would be analogous to a world leader appointing a lifelong Kindergarten teacher to become his Secretary of Defense. Furthermore, review these statements from Dr. Kim in a Wall Street Journal article that was released this week:



“The ministers and the heads of central banks and others I’ve spoke with have been very supportive.” If heads of corrupt central banks are already on board with Dr. Kim, then this means they view him as an asset they can utilize to achieve their goals. As I stated above, what is the best method of gaining trust from people and nations you desire to manipulate? Put a face in front of it to which they can relate.

“I’ve been working with people in the World Bank for years.” Really? In what capacity? I, for one, would like to have full disclosure regarding the exact capacity in which you have worked with the World Bank for years. Did you work with the World Bank while you were President of Dartmouth? While with the WHO? Or even earlier in your career?

“As a person who has run a huge knowledge institution…” This statement alone gives me pause and induces a feeling of queasiness. If Dr. Kim didn’t find great fault with the structure of today’s educational institutions, including Dartmouth, and is leaving with his belief that they are “huge knowledge institutions” unsullied, then his agenda must be aligned with the elite of dumbing down students instead of actually turning them into smarter, critical thinking beings.



So if you are Korean or Asian and support Jim Yong Kim’s appointment to the World Bank simply because he looks like you, or on the belief that he is there to transform the World Bank from a destructive to a constructive organization, then you simply serve as the poster boy or girl for the successes of the global educational system to increase acquiescence to their commands of what to think instead of being able to use the grey matter inside your head to think for yourself. Maybe if the new head of the World Bank was a leader from a poor Latin America, Asian, African or Caribbean country that had a history of activism with no ties to Goldman Sachs, JP Morgan, or any other multinational bank or elite organizations with a history of self-promotion of rich interests over poor interests, then I would give this leader the benefit of the doubt until I saw otherwise. Unfortunately, Jim Yong Kim does not remotely begin to fit this description.


About the author: JS Kim is the Founder & Chief Investment Strategist of SmartKnowledgeU, a fiercely independent, precious metals focused investment research & consulting firm dedicated to exposing the fraud of the global financial system and helping clients build wealth by understanding truth.

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tamboo's picture

good job as always!

kim was a lackluster do nothing at dartmouth, expect more of the same from yet another transparent minion of satan.

"Kim, who was recently nominated by the Obama administration to head the World Bank – was initially seen as a potential challenge to the status quo. But instead, he's proven to be just the opposite. Not long after he took office, Kim met with Dartmouth alums and reassured them he had no intention of overhauling the fraternities. "One of the things you learn as an anthropologist," he said, "you don't come in and change the culture." pathetic. the greek system is satanic to the core.

Read more: http://www.rollingstone.com/culture/news/confessions-of-an-ivy-league-frat-boy-inside-dartmouths-hazing-abuses-20120328#ixzz1sPDtaYr4
Shizzmoney's picture

I didn't trust the guy the minute I heard, "Ivy league educated....."

Bahamas's picture

Ama is a Rockefeller institution, therefore Health and Finance belong to the same same same same

tony bonn's picture

your essay today is magnificent.....obama was groomed in the exact same way - selected sometime in the early 1990s to be president and given a bunch of sinecure positions for which he had no preparation or skills to perform.....his resume is studded with plagiarisms including his birth certificates, his autobiography, his one article in harvard law review, his identity and on and on....this latest stooge for the nwo is no different....

JohnKozac's picture

Last year, almost 1,800 people followed Superman's lead, renouncing their U.S. citizenship or handing in their Green Cards. That's a record number since the Internal Revenue Service began publishing a list of those who renounced in 1998. It's also almost eight times more than the number of citizens who renounced in 2008, and more than the total for 2007, 2008 and 2009 combined.

For those wishing to legally escape the filing requirements, the only way is to formally renounce their U.S. citizenship. Last year, IRS records show that at least 1,788 people did, and that's likely an underestimate. The IRS publishes in the Federal Register the names of those who give up their citizenship, and some who renounced say they haven't seen their name on the list yet.



Oi vey!

rosiescenario's picture

Who woulda thought?  This sounds vaguely familiar.....a black prez running under the banner of hope & change.....but under the full control of Monsanto, GS, AIPAC and a few other special interest groups whose interests lie in direct opposition to what is best for the other 99.99% of Americans.

RunningMan's picture

Good article. I hadn't followed JYK closely, but was skeptical when there was so much hype in all the press. Basically, I assumed JY Kim was just a better self-promoter/marketer. That plus the idiotic video of him with his students that circulated a month back revealed someone that is more interested in hype and being seen as cool. Leadership often requires making unpopular decisions, or seeing past BS. JYK on the surface appeared (to me) more like someone who thrives on popularity and hype - especially when it relates to his own image - and this article seems to bolster that view.

Unfortunately, it doesn't impact reality, which is more often a simple popularity contest.

lynnybee's picture

i really liked this article, learned a lot.    super article, thank you !

e2thex's picture

Everyone has an agenda.

GCT's picture

Thanks for the Article very infomative Kim. 

Imminent Crucible's picture

Yes, it's a lousy appointment, but don't blame Obama. He just reads what's on the teleprompter and does as he's told.

SamAdams's picture

You are correct sir.  Follow the money, it all leads to R&R...  Cartels in banking, oil and health care / pharma. 

shovelhead's picture

Jim Yong Kim is an excellent choice to run the WB.

As an MD, he will know how far to bleed his patients into a coma, but just short of death.


Unlike his boss.

davood's picture

Thank you, JS Kim, for your honesty and your principal stand in exposing this sham.

The IMF and World Bank are blatant tools of Anglo-American financial hegemony as exposed by John Perkin's book.  Witness what happened to Argentina in 2001 (test run) and what is happening to Greece now (real deal).

The financial rape and pillage of "third world" nations is now coming to a "first world" country near you.

People don't get appointed to these pivotal seats of power and manipulation just for their good looks.

libertus's picture

Wonderful post. Great insights! 

Bahamas's picture

In ancient Rome, horses were happy to have their kin nominated  a Senator !

battle axe's picture

First comprehensive article I have read on this guy, thanks. 

cbaba's picture

Thank you JS Kim, excellent insight.

SwingForce's picture

Wow, thanks for the insight. Don't stop there, what about the guy who appointed him?

bank guy in Brussels's picture

Every national, ethnic or other group faces a similar question when one of their own becomes prominent, and yet does not represent the highest level of values.

Koreans do have much indeed of which to be proud ... so many things, from a great ancient cultural heritage, to recently moving so quickly to having their companies be on the cutting edge of technology, despite very capable competitors.

And from the point of view of Enlightenment values, it is very good to see Korea being one of the Asian countries to move away from the death penalty, with an effective moratorium since 1997.

We in Europe need to assert our Enlightenment values more, and stop shaming ourselves with EU leaders who betray those values, especially those kissing up to the American regime war-mongering.

SilverRhino's picture

Fucking patronizing pansy assed moron.   The death penalty WORKS.  Lethal self defense WORKS.

suteibu's picture

Excellent points. Many in Asia who are not comfortable with the Western world running the banking systems might find comfort in this selection, much like Ban Ki-moon as head of the UN. It is merely a bone thrown to Asia.

Some would also find comfort in the naming of someone not embedded in the financial system, perhaps another Goldman-ite. But, it is obvious that this man is well-connected into the global system. The greater question is what is planned for the WB that needs his particular expertise beyond being a sycophant to the elite.