Skip to comments.Putin Warns The US Against Socialism
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 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.
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 wont 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. Putins comments come in sharp contrast to Russias 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.
What the dumbass DemocRATS and their Obamacorns don’t understand is that you can’t have Socialism and the America we once had at the same time. Socialism is a parasite. It feeds off of capitalism. Unfortuantely, it eventually kills its host. That’s what is happening right now.
Can you say "April 1st is early this year"???
“Is this for real?”
I was wondering the same thing.
It’s a sad state of affairs when the marxists are warning
America that they’re about to fall off into an economic abyss.
Socialism/marxism/communism, and all the other ism’s, does
nothing but hinder economic growth and the Russian’s know
this from experience.
I just read this to the home crowd... like Cid said, “we’ve out commied the commies”. If it wasn’t so sad and true, it would be hilarious...
oh, the irony ^ 2
Yup, its like we have all walked through the looking glass only to find a hookah smoking caterpillar is now our President....”
HA! HA! That is quite a mental image. Thanks for the laugh.
Next to Obama, Putin sounds like Barry Goldwater.
So why’s he backing Chavez?
Strange days, indeed. Ping
We ARE living in interesting times. (Most do not know that that is actually a CURSE, and not a wish of Goodwill.)
"May you live in interesting times."
Well the socialist world knows they need a capitalist America for socialism to survive.
Maybe Bush really did see a soul in there. Next we'll have Chavez warning us not to nationalize the banks.
There’s are many differences between us and the Soviet Union in 1917.
The most important one is that we have lots of guns in private hands. For those who own a gun, do NOT give it up. Ever. I don’t care what laws Obama and his gang pass.
Same reason he like the Obamunist.
I had to come back and make sure I hadn’t swallowed another one of John Semmens’s plastic worms. Incredible.
All too real.
“Putin has said the US should take a lesson from the pages of Russian history and not exercise excessive intervention in economic activity”
Meanwhile the Russian Stock Market suspended trading again today...