Putin is a Republican - Mercedes-Benz Forum

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post #1 of 14 (permalink) Old 02-18-2009, 01:10 PM Thread Starter
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Putin is a Republican

OMG Pootie! Is he coming out of the closet?

Putin warns US to eschew socialism
Clarice Feldman

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 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.”[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.”
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post #2 of 14 (permalink) Old 02-18-2009, 01:19 PM
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Well, on theory he is right but he is not practicing what he is preaching.
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post #3 of 14 (permalink) Old 02-18-2009, 01:56 PM
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Well, I have to say I agree with your thread title. Looks like Putin & Company drove the Russian economy into the shitter just like the Republicans did here in the US.

And how about that closing of the markets earlier this week to stabilize the market.

Russia close to economic collapse as oil price falls, experts predict

Russia faces possible devaluation of the rouble and a severe drop in living standards next year

Luke Harding in Moscow
guardian.co.uk, Thursday 20 November 2008 18.23 GMT

Russia is now lurching towards a major economic crisis, experts predicted today, following news that the price of oil had slumped to under $50 a barrel.

The collapse in the value of oil was likely to have several catastrophic consequences for Russia including a possible devaluation of the rouble and a severe drop in living standards next year, they warned.

With oil prices tumbling, and his own credibility at stake, Russia's prime minister Vladimir Putin today insisted that the country's economy was still robust.

Speaking at a meeting of the pro-Kremlin United Russia party, Putin told delegates in Moscow the country would survive the current global financial turmoil - which he blamed on the US.

But the Kremlin is acutely aware that any loss of confidence in the Russian economy could lead to a loss of confidence in Putin and his ally Dmitry Medvedev, who took over from Putin as Russia's president in May.

Medvedev's biggest initiative so far has been to float an extension in the presidential term from four to six years - a proposal that entrenches the current Kremlin's grip on power, and which Russia's loyal Duma is likely to approve on Saturday.

Putin today said his administration would do everything it could to prevent a recurrence of Russia's last oil-related financial crash in 1998 - which saw the savings of many ordinary Russians wiped out. But the plummeting oil price leaves him little room for manoeuvre. Experts suggest that Russia's economy is now facing profound difficulties, despite two massive stabilisation funds accumulated during the booming oil years.

The fall in oil prices from $147 this July to below $50 today has blown a gaping hole in the government's budget calculations. It is now facing a $150bn shortfall in its spending plans - and will have to slash expenditure in 2009.

Today Putin sought to assure hard-up Russians that their social benefits would not be affected, promising a $20bn assistance package. "We will do everything, everything in our power ... so that the collapses of the past years should never be repeated," he said.

The oil slump, however, exacerbates Russia's already severe economic problems. Since May Russian markets have lost 70% of their value. Russia's central bank, meanwhile, has been spent $57.5bn in two months trying to prop up the country's ailing currency.

"If the current trend continues with the government supporting the rouble, oil prices falling and a slowing economy we are going to have a major crisis," said Chris Weafer, an analyst with the Moscow brokerage Uralsib.

He added: "There will be more pressure on the rouble and an extremely difficult first quarter next year." Russia was more vulnerable than other countries because it was still an oil state, and had failed to diversify its economy, Weafer added.

Both Putin and Medvedev have blamed the Bush administration for the current financial mess. Putin today accused the US of recklessness. "Cheap money and mortgage troubles in the US have caused a real chain reaction, [and] paralyzed the global financial market," he complained.

Russia's state-controlled TV has also sought to portray the crisis as an American problem, largely ignoring its impact at home. This strategy was not very sensible, analysts suggested today, since job losses and salary cuts in Russia were beginning to mount.

"In terms of the trigger Putin is correct. The bomb came from the US," Weafer said. He added, however: "The shockwaves have hit a much weaker structure than the [Russian] government has acknowledged. The economy is going to hell in a handcart."

Russia close to economic collapse as oil price falls, experts predict | World news | guardian.co.uk

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post #4 of 14 (permalink) Old 02-18-2009, 02:48 PM
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I'm rofling and crying at the same time.
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post #5 of 14 (permalink) Old 02-18-2009, 02:52 PM
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It's not so much that Putin is a Republican as it is that Obama is a socialist.

It's all relative....
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post #6 of 14 (permalink) Old 02-18-2009, 03:10 PM
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Originally Posted by baby boo View Post
It's not so much that Putin is a Republican as it is that Obama is a socialist.

It's all relative....
You are related to a Black Russian???

McBear,
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post #7 of 14 (permalink) Old 02-18-2009, 03:22 PM
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The Chinese could give us the same lecture about now. Funny thing is, the Republicans gave the Democrats the cover--and then some--to do all this. Had it all exploded a year later, they'd be erecting scaffolds everywhere about now.

Of course, had it all exploded a year later, they might still be in power. Then they could hang themselves, as they also apparently like to do.
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post #8 of 14 (permalink) Old 02-18-2009, 04:25 PM
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You guys gotta be Putin me on...

Don't believe everything you think
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post #9 of 14 (permalink) Old 02-18-2009, 04:43 PM
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Funny thing is, the Republicans gave the Democrats the cover--and then some--to do all this. Had it all exploded a year later, they'd be erecting scaffolds everywhere about now.

Of course, had it all exploded a year later, they might still be in power. Then they could hang themselves, as they also apparently like to do.
Yes, politics and comedy – it’s all about the timing.

Quote:
Russia close to economic collapse as oil price falls, experts predict
Neat – and I’m sure Putin the Republican will respond like is American counterparts: in a Nixonian manner.
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post #10 of 14 (permalink) Old 02-18-2009, 05:21 PM
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I thought GWB established Putin's credentials as a neocon Republican when he peered into his soul and pronounced him a trustworthy man.

Jim
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