Putin 2012!
Posted on 08/03/2011 12:03:33 PM PDT by bananaman22
Don’t expect to see Russian President Vladimir Putin invited to the White House for a sleepover in the Lincoln Bedroom anytime soon.
Vladimir Vladimirovich has committed the unpardonable diplomatic sin of speaking bluntly. Like Sherriff Woody from the Pixar movie “Toy Story,” Putin has declared “there’s a snake in my boot,” only in this case, it’s the U.S., which he labels a “parasite” on the global economy.
Addressing a gathering of the pro-Kremlin youth group Nashi at their summer camp near Moscow Putin commented, "They are living beyond their means and shifting a part of the weight of their problems to the world economy. They are living like parasites off the global economy and their monopoly of the dollar. If there is a systemic malfunction, it will affect everyone."
Putin’s caustic comments follow his equally dour observations when in July he called U.S. monetary policy "hooliganism," a favorite code word from the Soviet era for anti-social behavior and castigated the U.S. for printing money to bolster the dollar. Putin added that Americans are "living beyond their means" and that irresponsible U.S. fiscal policies will have a negative impact on other countries, like Russia, Japan and China, all of who hold a massive amounts of U.S. bonds and Treasury bills. Putin said, "We, thankfully or not, cannot print a reserve currency. But what are they doing?" They simply spit nails, turn on the printing press and throw money to the world, in order to resolve their urgent problems."
At the end of his monologue Putin finally praised the U.S. for reaching an eleventh-hour debt deal to cut roughly $2.4 trillion from the U.S. deficit over the next decades, saying, "Thank God that they had enough common sense and responsibility to make a balanced decision."
Putin’s comments, while harsh, nevertheless reflect a global opinion that the U.S. economy has become a hostage to inter-party political grandstanding, but the implications of which extend far beyond U.S. shores.
Three factors play into foreign awareness of the crisis – first, that the world’s largest economy is being held hostage by what some Democrats call the “Taliban” wing of the Republican party, whose insistence on zero compromise and dollar for dollar cuts for raising the debt ceiling have paralyzed the normal workings of the U.S. economy.
The second factor is that while many countries are deeply unhappy with the dollar’s global hegemony, there is no clear consensus about what might replace it. The euro has recently been tanking thanks to the perfect storms of the Greek, Irish and possibly soon, Portuguese, Italian and Spanish fiscal crises, the yen has been hammered by the fallout from Fukushima, and China does not want the yuan to play a major role in world trade, as it could well lead to an inflationary spiral that could short-circuit China’s thriving economy. Full article at: Putin Calls U.S. Economic Parasite
Putin phoned Obama? Wonder what they talked about.
Cal the White House? Compared to the wannabee commie we got now, I’d rather have Putin IN the White House!
Considering that we just raised out credit limit 1.5x the entire russian gdp...Putins got a point. That money has got to come from somewhere. I dont think the Fed can fork out 2.5 trillion to Obama to spend.
At least Putin is FOR his country’s success.
Hey Putin! Economic parasite? Why is Tyson selling chicken in your food stores and cleaning up? That is just one example....
Absolutely. I never thought I’d see the day I’d admire a KGB guy more than our own President. What a world we live in.
The nimrod didn't even read his own article.
Putin added that Americans are "living beyond their means"
Was that what "The Taliban Wing" of the Republicans were advocating?
Putin 2012!
Since West choked hard over Pigford and this latest debt stupidity, I’m thinking Palin/Putin 2012 is the ticket to vote for. Then SNL can do a skit about waving at each other across the straits ;)
Putin is right.
Even a communist knows more about economics than our Left.
.
Someone should tell Putin there are NO cuts. It’s all smoke and mirrors.
Me neither but here we are.
I never thought I’d agree with the KGB either.
Strange days we are living in dude, strange days indeed.
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