Putin Warns U.S. About Socialism; Lauds Ron Paul's Ideas
Russian Prime Minister Vladamir Putin has said the US should take a lesson from the pages of Russian history and not exercise “excessive intervention in economic activity and blind faith in the state’s omnipotence”.
“In the 20th century, the Soviet Union made the state’s role absolute,” Putin said during a speech at the opening ceremony of the World Economic Forum in Davos, Switzerland. “In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.”
Sounding more like Barry Goldwater than the former head of the KGB, Putin said, “Nor should we turn a blind eye to the fact that the spirit of free enterprise, including the principle of personal responsibility of businesspeople, investors, and shareholders for their decisions, is being eroded in the last few months. There is no reason to believe that we can achieve better results by shifting responsibility onto the state.”
Putin also cautioned the US against using military Keynesianism to lift its economy out of recession, saying, “in the longer run, militarization won’t solve the problem but will rather quell it temporarily. What it will do is squeeze huge financial and other resources from the economy instead of finding better and wiser uses for them.” Putin’s comments come in sharp contrast to Russia’s own military buildup and expansion.
Putin also echoed the words of conservative maverick Ron Paul when he said, “we must assess the real situation and write off all hopeless debts and ‘bad’ assets. True, this will be an extremely painful and unpleasant process. Far from everyone can accept such measures, fearing for their capitalization, bonuses, or reputation. However, we would ‘conserve’ and prolong the crisis, unless we clean up our balance sheets.”
“The time for enlightenment has come. We must calmly, and without gloating, assess the root causes of this situation and try to peek into the future.”
Posted in Economics, The New Cold War. Tagged with Davos conference, Economics, Keynesian economics, militarism, Putin, socialism.
By NewsGuy
February 11, 2009
who woulda
guessed!!
I wish our country would
I wish our country would listen-- however unless we take it upon ourselves to steer the ship, her course is due to run aground very soon.
It is a rare accomplishment
to be able to learn from other's mistakes. I think we will most likely have to learn from our own.
But here is one thing I KNOW to be true:
~ Love is a powerful force
for good. ~
And knowing is half the battle!
~May the force be
with you.~
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
Something in me wants to
Something in me wants to like Putin, but I just can't. I'm not even sure what it is. Possibly some sort of condolence towards him for having been improperly blamed for the Georgian aggression last year. Though, I have read that he restricts opposing political views. (Sorta of like our Mainstream Media!)
"You are a den of Vipers.I intend to rout you out and by the Eternal God I will rout you out."
For an informed citizenry, individuals must discard the television set in favor of the acquisition of information via either books and/or the internet. An uneducated populous will remain in ignorance and thus continue to suffer the sharp ax of tyranny.