Tuesday, September 11, 2007

Russia Emerging as Haven From Subprime Nine Years After Default

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=az2VhzZp50gg

Nine years ago, Russia was forced to secede from the Anglo-American New World Order global financial superstructure bent on dominating the world through debt finance instruments. The man in the penal colony is only one of many of the so-called Mafiya who stole Russia blind during the Yeltsin era and rendered its debts unpayable. Many of them are dual Israeli citizens. That always comes in handy when one wants to avoid extradition.

OAO Yukos Oil Co. was Russia's largest oil exporter before the government billed it for $30 billion of unpaid taxes. The company filed for bankruptcy in 2004 and CEO Mikhail Khodorkovsky, once the country's richest man, is now in a Siberian penal colony for tax evasion and fraud. He denies the charges.


President Vladimir Putin (who currently has an approval rating among the Russian populace of 70+ percent) has either imprisoned or forced into exile all these gangsters. Putin is a far superior leader of his country than anyone has been of ours in a long time. Our current leader is SO incompetent that we are on the verge of witnessing a reversal in the outcome of the Cold War.

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