Posted on 02/17/2009 5:35:13 PM PST by pissant
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.”
Gee...maybe we should email this to our LIBERAL “friends.” Wonder if they’ll get it...
Is this for real?
ROFL!
They’d call the communist Putie just another right winger
Obama is moving us towards socialism but...
Putin should not speak so soon. Putin has brought a level of state ownership in Russia not seen since Soviet times, and much more than Western European countries.
So,....Putin is more conservative than Obama. Who knew?
Well I've heard it all now. A KGB thug lecturing us on capitalism. The world is truly upside down.
5.56mm
Doesn’t Putin know that Obummer is the Messiah?
I swear, life is getting really bizzare.
Life is very strange right now...
-—Well I’ve heard it all now. A KGB thug lecturing us on capitalism. The world is truly upside down.-—
Ain’t that the truth....
It must really be bad if a Russian has to warn us against Obama’s Marxism.
Shaking my head & a is this for real?
Yup, its like we have all walked through the looking glass only to find a hookah smoking caterpillar is now our President.
The marxist quisling makes Jimmuh Carter seem like a moderate statesman.
Putin has his stash-bag invested in US dollars and instruments.
Onionesque.
Can be summed up thusly....
“Do as I say, not as I do!”
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