IN 1994 RUSSIA'S PRESIDENT BORIS N. YELTSIN WAS INVOLVED ON SEVERAL FRONTS ONE WAS THE WAR WITH CHECHNYA, FOLLOWED BY DISAGREEMENTS WITH THE RUSSIAN NATIONALISTS AND THE STUPID TAXES HE PASSED
ACCORDING TO PROF. BRUCE PORTER, "THE RUSSIAN ECONOMY WAS SPIRALING DOWNWARD, CRIME WAS RAMPANT, BASIC HEALTH AND PUBLIC SERVICES WERE DETERIORATING."
SERBIA AND CROATIA WERE NEARLY AT WAR AND THE WESTERN COUNTRIES WOULD MOST LIKELY SUPPORT CROATIA AND YELTSIN WOULD BE PUSHED INTO SUPPORTING THE SERBS.
THE RUSSIAN ECONOMY WAS IN THE TANK.
JUDY SHELTON AN ECONOMIST AND AUTHOR REPORTED THAT ONE OF YELTSIN'S FIRST BLUNDERS WAS TO ALLOW FOOD AND MANY OTHER CONSUMER GOODS TO INFLATE DRAMATICALLY. THESE PRICES HAD BEEN STABLE AT LOW COST FOR YEARS BUT WHEN CONTROLS WERE LIFTED THE PRICES SOARED AND THE GOVERNMENT COFFERS SOARED AS THEY CONTROLLED THE DISTRIBUTION CENTERS OF CONSUMER GOODS.
ACCORDING TO MS. SHELTON HE SHOULD HAVE SOLD THE DISTRIBUTION CENTERS TO PRIVATE GROUPS AND LET NATURAL COMPETITION MODERATE THE COSTS.
THEN, YELTSIN ALLOWED ONLY 6% OF THE ARABLE LAND TO BE PRIVATIZED AND THIS SMALL AMOUNT OF LAND PRODUCED THE VAST MAJORITY OF RUSSIAN VEGETABLES.
THEN HIS BIGGEST MISTAKE WAS ACCEPT THE CORRUPT IMF'S PLAN THAT FOR RUSSIA TO GET BILLIONS IN IMF FUNDS.
NOW THERE ARE ONLY TWO WAYS TO BALANCE A BUDGET, BY RAISING TAXES AND OR CUTTING SPENDING. RUSSIA FOLLOWED THE IMF PLAN AND WITH IMF'S APPROVAL AND BLESSING PLACED MASSIVE TAXES ON THE COUNTRY'S HAND FULL OF SUCCESSFUL ENTREPRENEURS AND FOREIGN INVESTORS. THESE TAXES STAGNATED THE ECONOMY OF RUSSIA.
JACK MATLOCK, U.S. AMBASSADOR TO THE SOVIET UNION (1987-91), STATED THAT THE RUSSIAN COURTS AT THIS TIME (1990-1995) HAD BECOME SO CORRUPT THAT IT WAS IMPOSSIBLE TO ATTACK THE CHECHEN MASSIVE CRIME SYNDICATES, LACKING THE TOOLS TO PROTECT RUSSIA YELTSIN RESORTED TO AIR RAIDS.
PROF. RICHARD PIPES AT HARVARD WROTE THAT RUSSIA COULD USE THE NAZI EXCUSE OF ANNEXING THE SUDETENLAND, THAT IT WAS TO PROTECT RUSSIAN OR AS THE NAZI'S CLAIMED GERMAN MINORITIES WHEN THEY INVADED FORMER SUBJECTED LANDS.
DOES ANY OF THIS SOUND FAMILIAR AS TO WHAT OBAMA IS DOING TODAY?
Friday, January 11, 2013
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