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You’re Darned ‘Putin’

February 19th, 2009 by Garden State Patriot and tagged Capitalism, Capitalism and Socialism, Free enterprise, Garden State Patriot, Putin Comments at World Economic Forum, Socialism, Vladamir Putin, World Economic Forum


Well, this says it all. Former KGBer Vladdy Putin…warning America on the dangers of socialism.

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.”

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.”

Need I really comment further?

Cross-posted at Conservatives with Attitude!

Category Economics, Jobs & Taxes |



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