Posted on 02/18/2009 12:09:57 PM PST by Scanian
What is the world coming to? Pat Dollard reports the Russian leader warned the US against adopting socialism because it doesn't work: 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 states omnipotence.
In the 20th century, the Soviet Union made the states 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.[Snip.]
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 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.
(Excerpt) Read more at americanthinker.com ...
The world is backwards.
Obama could care less.
The world has turned upside down.
Putin has never been a Communist. Yes, he admired the Soviet Union’s military might, but like anyone with a brain, he could see the economic basket case centralized planned economies left the old Soviet Union.
amazing. I didn’t know Putin was a capitalist
It’s a terrible shame when Russia’s President is smarter than our own.
Even Putin can see it. The U.S. is morphing into the U.S.S.A.
Surreal.
“Obama could care less.”
True. Remember the old standard...it’s not that socialism doesn’t work, it’s just that it hasn’t been tried by the right people.
[You can’t make this stuff up!]
Too funny! That is exactly what I was going to post.
But heck, even Shumpeter reluctantly admitted the same.
The sheep have finally led us all to slaughter.
I’ve been saying to a long time that the USA is becoming more like the USSR and Russia is becoming more like the USA.
Oh, the delicious sarcasm! Armageddon is turning out to be funnier than I expected.
Shumpeter = Schumpeter
Pootie beat you to it! LOL!
Can we trade Obama for Putin?
LOL.
This isn’t satire??? Holy carp.
It’s felt like I’ve been on an extended acid trip since last November 4, but this...this is just wild, man.
Putin is just tweaking Obama. Of course if the US economy stays tanked, so does the world economy and oil prices stay where they are.
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