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hunterkirk.livejournal.comVladimir Putin warning against excessive state intervention in the economy
http://www.moscowtimes.ru/articles/detail.php?ID=373991&print=Y
29 January 2009
Prime Minister Vladimir Putin surprised participants at the World Economic Forum in Davos on Wednesday by warning against excessive state intervention in the economy. "The state's role was brought to omnipotence in the Soviet Union in the last century," Putin said in his opening address to the forum, which aims to debate a post-crisis world. "It finally led to our economy being totally noncompetitive. We paid dearly for that lesson. I am confident that no one would want to retry that."
China tax cut reverses shares plunge
http://www.atimes.com/atimes/China_Business/JD25Cb01.html
Shares listed in China jumped almost 10% on Thursday, giving a benchmark index its biggest gain in more than six years, after the Chinese government cut the stamp tax on stock trading to boost an equities market that had fallen 50% from its record high on October 16 last year.
One of our fearful leaders most common phrases is "we are not going back to the failed ideas of the past". It seems that is very much the truth for the Communists and Ex-Communist leaders of the world. They are not promoting increase of government to save the economy and have warned us not to do the same. Our fearful leader has stated that he doesn't care about the stock market tanking and called the 7,000 point drop fluxuations and can not be grounds for political policy. Instead we are told to worry about a talk show host. Retired people dependent upon stock retirement funds have seen their savings evaporate. Is there a disconnect going on here?
http://www.moscowtimes.ru/articles/detail.php?ID=373991&print=Y
29 January 2009
Prime Minister Vladimir Putin surprised participants at the World Economic Forum in Davos on Wednesday by warning against excessive state intervention in the economy. "The state's role was brought to omnipotence in the Soviet Union in the last century," Putin said in his opening address to the forum, which aims to debate a post-crisis world. "It finally led to our economy being totally noncompetitive. We paid dearly for that lesson. I am confident that no one would want to retry that."
China tax cut reverses shares plunge
http://www.atimes.com/atimes/China_Business/JD25Cb01.html
Shares listed in China jumped almost 10% on Thursday, giving a benchmark index its biggest gain in more than six years, after the Chinese government cut the stamp tax on stock trading to boost an equities market that had fallen 50% from its record high on October 16 last year.
One of our fearful leaders most common phrases is "we are not going back to the failed ideas of the past". It seems that is very much the truth for the Communists and Ex-Communist leaders of the world. They are not promoting increase of government to save the economy and have warned us not to do the same. Our fearful leader has stated that he doesn't care about the stock market tanking and called the 7,000 point drop fluxuations and can not be grounds for political policy. Instead we are told to worry about a talk show host. Retired people dependent upon stock retirement funds have seen their savings evaporate. Is there a disconnect going on here?
