Putin: Sanctions are "blessing in disguise"

Sunday, August 31, 2014

Russian President Vladimir Putin among other things, talked about western sanctions at the last day of the Seliger Youth Forum.

According to the Russian President, anti-Russian sanctions imposed by the west gave Russia a unique opportunity to develop its own independent agricultural sector.

Russia must take actions to maintain the safety of its food supply said Vladimir Putin.

"Food safety is essential for all countries, including Russia."

"The anti-Russian western sanctions and the counter-sanctions imposed by Russia on the EU countries give us a unique opportunity to develop our own independent agricultural sector." - "Western sanctions are blessing in disguise" - he added, because what the west has forced upon us we should have done long time ago, anyway. "Now, we can receive fish products from our new partners from the Far Eastern regions, which is much cheaper than the European imports; also we are ready to invest a great deal of money in the development of the independent Russian agricultural sector" said Putin.

The Russian president has accused the non-parliamentary opposition of betraying national interests and compared them to the Bolsheviks, who badly wanted the country's defeat in First World War.

The Russian president has accused the non-parliamentary opposition of creating instability in the country, which can have serious consequences. "The Bolsheviks openly hailed Russia's defeat in First World War when regular soldiers and officers sacrificed their lives on the front; in the meantime, certain forces worked behind the scenes to destabilize the country causing Russia's defeat in the war. This activity was senseless and insane, nevertheless, it happened.." - Putin said to the young activists.

"Such individuals are still with us today; unfortunately, there is no country in the world, which is free of these assets" Putin added.

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Anonymous said...

Labor’s Demise Is America’s Demise. Thoughts for Labor Day by Paul Craig Roberts

...The holiday originated in 1887 to celebrate the contribution made by American workers to the strength and prosperity of the United States.
...As time passed union leadership became a career rather than a movement in behalf of a cause, but the labor movement in its initial years was reformist. It brought safer working conditions into industry and manufacturing. Unions served as a countervailing power and constrained the exploitative power of capital. An industrial or manufacturing job was a ladder of upward mobility that made the US an opportunity society and stabilized the socio-political system with a large middle class. A large and thriving industrial and manufacturing sector provided many white collar middle class jobs for managers, engineers, researchers and designers, and American universities flourished as did their graduates.
...The two-party system that had maintained a reasonable balance was transformed into a one-party system in which both parties were dependent on the same monied interests and thus answered to the same masters.

The consequence was the demise of the middle class and rise of the One Percent. Today the US has the most unequally distributed income and wealth of all developed economies and one of the worst in the entire world. Few Americans other than the One Percent have a stake in the American economic and political system.

The imbalance in the distribution of income and wealth cannot be corrected through the tax system. The imbalance is due largely to the loss of the jobs that provided the economic basis for the middle class. Correction requires a retreat from globalism and the return to a largely self-sufficient economy, which the US economy was during its glory decades. Globalism is a scheme for impoverishing First World labor and taking power and influence from the hands of the many and putting them in the hands of the few. The champions of globalism are the champions of America’s destruction.
...Nevertheless, public sector unions could serve as a check on ambitious executive and legislative power.

Whether one has a favorable or unfavorable opinion of unions, their demise is also the demise of countervailing power. A system in which there is no countervailing power is a tyranny in which power is unconstrained and unaccountable.

The American people have been subdued and turned into a flock of sheep. Will they ever rise again?

Anonymous said...

Paul Craig Roberts - Poroshenko's army defeated by Donetsk Republic, blames it on Russia: Expert by PressTV News Videos

Kyrgyz government approves set of bills on joining Customs Union

The government of Kyrgyzstan approved on Saturday a set of laws necessary for the accession of the Central Asian country to the Customs Union, comprising Russia, Belarus and Kazakhstan, the government’s press service said.
...The Eurasian Economic Union, which envisages the free movement of goods, services, capital and workforce and is based on the Customs Union of Russia, Belarus and Kazakhstan, will become operational from January 1, 2015.

“Anything the US Touches Turns into Libya or Iraq”. Vladimir Putin by RT

America’s “Unlimited Imperialism”

Anonymous said...

The U.S. Still Decides the Future of Capitalism, Not the G20, and Not the BRICS Nations

...the “exorbitant privilege” of the dollar in the financial networks linking the BRICS into global production and trade would be undermined. Brazil, Russia, India and China, who were not so naïve as to imagine the G20 would be the venue for overseeing the demise of the dollar, also held their own first summit meeting at a meeting in Yekaterinburg in 2008.
...Wall Street, City of London

Yet, the main reason for the continuing central role of the dollar has very little to do with the institutional structure of the IMF, or the greater size of its capitalization relative to what the BRICS bank will muster. It primarily reflects the absence – even in Shanghai, where the new bank will be headquartered – of anything like the depth and range of the financial markets centred on Wall Street and its satellite in the City of London. And it is the ways in which these markets are, in turn, so deeply intertwined with the U.S. Treasury and Federal Reserve that explains the latter’s dominant role in global economic management.

What is more, the room for manoeuvre the BRICS bank would be allowed from the IMF is distinctly limited. Indeed, to obtain the full benefit of borrowing under the BRICS bank’s “contingent reserve arrangement” would still be contingent on a country having an “on-track arrangement” with the IMF. Indeed, this looks very much like the 2000 “Chiang Mai Initiative” arrangement for currency swaps among China, Japan, South Korea and ASEAN countries after the 1997-98 financial crisis, which was little used and proved largely symbolic.

The alacrity with which the World Bank has welcomed the BRICS bank also relates to the fact that its goals as a development bank look not very different from the resource-depleting, export-oriented economic strategies that have heretofore governed the emerging markets participation in capitalist globalization. Along the lines of Brazil’s BNDES development bank, it might promote the BRICS own multinational corporations, but this stands in sharp contrast with the cooperative socialist principles of the now defunct Latin American Bank of the South that revolutionary governments in Venezuela and Bolivia initially had in mind.

At Fortaleza, a “BRICS from below” meeting of civil society groups and independent unions stressed the extent to which the dominant classes and governments of each of the BRICS members were themselves committed to neoliberal policies, often brutally administered in their own countries...

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