Putin warns US to eschew socialism

[Angus]

February 18, 2009
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.”

http://www.americanthinker.com/blog/2009/02/putin_warns_us_to_eschew_socia.html

[iceberg]

February 18, 2009
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.”

http://www.americanthinker.com/blog/2009/02/putin_warns_us_to_eschew_socia.html

but i thought the notion of socalism was scoffed at by real socialist countries?

[ABQCOWBOY]

but i thought the notion of socalism was scoffed at by real socalist countries?


I know right?

What's sad here is that we got countless minions in the U.S. who defend recent behavior as anything but Socialisam. Yet, we got the he'd Bolshevik telling us we are stupid for trying to be Socialists.

:laugh2:

[arglebargle]

That's a murderous KGB oligarch calling the kettle black?

[ABQCOWBOY]

That's a murderous KGB oligarch calling the kettle black?


No, it's more like the murderous KGB oligarch calling the Fine Dining Crystal stupid for wanting to be an old black kettle.

Sucks, I know.

[arglebargle]

I am sure he doesn't like the old socialism. He would never have managed to gain so much power and money without transiting to becoming a democratic capitalist. ;)

He's playing politics. Something that he appears to be very very good at.

[ABQCOWBOY]

I am sure he doesn't like the old socialism. He would never have managed to gain so much power and money without transiting to becoming a democratic capitalist. ;)

He's playing politics. Something that he appears to be very very good at.


His economy is tied to ours. Russia made the decision to embrace capitolisam and so, I think Putin is just trying to help his own situations by commenting on the direction he sees us taking. Doesn't necessarily mean he's wrong thou.