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RUSSIA BANS DOLLAR! (Putin's party new law will ban use of "dollar", "euro" etc.)
Kommersant.com ^ | Kommersant.com

Posted on 05/25/2006 1:49:00 PM PDT by b2stealth

The State Duma passed the first reading of amendments to a number of laws to prohibit government officials in public appearances, the media, Internet sites and advertising from mentioning financial indicators in any currency except rubles. Since quoting prices in foreign currencies has been banned since the mid-1990s, “conditional units,” the euphemism that replaced dollars at that time, are the main target of the new amendments. Only the communists opposed the amendments. Discussion of the amendments in the Duma gives hope that the logical contradictions and violations of common sense in the law may be removed before the final reading. Alexander Moskalets, United Russia member and one of the authors of the bill, stated that “Mention of a foreign currency is evidence, as a rule, of underdevelopment. But Russia is far from being such a country. The majority of the population is already aware that one of the most powerful countries in the world stands behind the ruble… The ruble is a political factor because the national currency is a symbol of sovereignty.” Duma member from the Communist Party of the Russian Federation Viktor Tyulkin suggested that bribes accepted in dollars should bear heavier punishment than those taken in rubles. Oleg Smolin, another Party member, called the amendments a battle with the devil's shadow. Duma member Alexander Fomenko doubted that the vertical of power was strong enough yet to prevent Russian bureaucrats from spoiling their native language.

The amendments affect the laws “On the Media,” “On the Protection of Consumers' Rights,” “On the Administration of the Russian Federation” and “On the Status of Members of the Federation Council and State Duma,” as well as Civil Code and Code of Administrative Violations. Fines for violations will range from 20-25 “minimum wages” (a conditional unit currently worth 100 rubles) for advertisers and for price tags, 40-50 minimum wages for government officials speaking in public or in the media and 400-500 minimum wages for legal entities.

The current wording of the law is so all-encompassing as to be unenforceable. It is expected to undergo extensive rewriting before its second reading.


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government; Russia
KEYWORDS: bans; crime; dollar; kgd; putin; russia
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To: brazzaville

William Jefferson (Clinton) has spare room in his freezer, too.


21 posted on 05/25/2006 2:15:03 PM PDT by auboy
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To: b2stealth
Nothing's changed in Mother Russia it seems....

22 posted on 05/25/2006 2:17:42 PM PDT by Crispus Attucks Patriot
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To: Crispus Attucks Patriot

LOL!


23 posted on 05/25/2006 2:21:40 PM PDT by b2stealth
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To: monkapotamus

Know where I can find any of those?


24 posted on 05/25/2006 2:22:35 PM PDT by Centurion2000 (The social contract is breaking down.)
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To: b2stealth

bump .... stupid rule, people are going to break this law with impunity on the streets.


25 posted on 05/25/2006 2:25:35 PM PDT by Centurion2000 (The social contract is breaking down.)
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To: Centurion2000

>stupid rule, people are going to break this law with impunity on the streets.

back to ussr..


26 posted on 05/25/2006 2:31:25 PM PDT by b2stealth
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To: Centurion2000
I'm not sure if they are still selling them, but here is the U.S. Mint's page:

http://www.usmint.gov/mint_programs/commemoratives/index.cfm?action=Marine

You might want to check e-bay.

27 posted on 05/25/2006 2:31:53 PM PDT by monkapotamus
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Comment #28 Removed by Moderator

To: b2stealth

Russia is turning into a banana republic with nukes. LOL!


29 posted on 05/25/2006 2:40:22 PM PDT by MARKUSPRIME
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To: IslandJeff

Since the risks are higher for accepting a bribe in US dollars, does this mean that it will now take even MORE US dollars to get the same favors?


30 posted on 05/25/2006 2:47:32 PM PDT by weegee (Slowly but surely and deliberately, converativism is being made a thoughtcrime.)
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To: lizol; Grzegorz 246
"Duma member from the Communist Party of the Russian Federation Viktor Tyulkin suggested that bribes accepted in dollars should bear heavier punishment than those taken in rubles."

;-)

31 posted on 05/25/2006 3:04:29 PM PDT by Lukasz
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To: b2stealth

This will never fly. Moscow has a huge tourist industry - New Arbatskya is a major tourist area with McDonalds and Baskin Robbins.


32 posted on 05/25/2006 5:07:11 PM PDT by MarMema
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To: b2stealth

Listen, if you ever read those papers in Russia and in Russian....they have all kinds of goofy stuff in them.
They're like the Star is here.


33 posted on 05/25/2006 5:09:16 PM PDT by MarMema
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To: RusIvan; x5452
Anyway isn't this rag owned by Berezovsky, the pro-chechen slime?

I think so.

34 posted on 05/25/2006 5:11:26 PM PDT by MarMema
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To: piytar
Banning mention of economic indicators in terms of hard currency is a first step in hiding and/or manipulating information about the state of the economy.

You mean like this?

On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars.

35 posted on 05/25/2006 5:17:06 PM PDT by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
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To: A. Pole; lizol

It's Independence Day in Georgia!! Happy Independence Day,
to all Georgians. I was there for the parade last year and it was so lovely.


36 posted on 05/25/2006 5:32:49 PM PDT by MarMema
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To: Peach

"Is he TRYING to destroy their economy?"

Yep. Then he can blame it on the Jews.


37 posted on 05/25/2006 7:14:23 PM PDT by Canedawg (Freedom isn't free.)
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