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|Putin to Compensate Oligarchs for What the West Seized
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|Author:||josesuarez [ 21 Oct 2014 08:11 ]|
|Post subject:||Putin to Compensate Oligarchs for What the West Seized|
Russian President Vladimir Putin has devised a way to keep Russian elites from turning on him, according to reports from September 30.
Why would Russia’s leading tycoons turn against Putin? Because their industries have suffered, and their assets have been seized as a result of sanctions the West levied on them after Putin annexed Crimea and destabilized eastern Ukraine. In fact, the main purpose of the Western sanctions was to squeeze elite Russians, hoping to turn them against Putin and bring about regime change.
But on September 30, the lower house of parliament passed a law allowing Russian oligarchs whose foreign assets have suffered as a result of sanctions to request compensation from the Russian government. This means Russian taxpayers will be the ones covering the oligarchs’ losses.
Some Russians are calling the new legislation the “Rotenberg Law” after Arkady Rotenberg, a billionaire oligarch on the European Union’s sanctions list who is close to Putin. Rotenberg had $40 million of his assets, including four estates in Italy, frozen by Western sanctions last week. The law was presented to Russia’s lower house just one day later.
When the West placed tough sanctions on many Russian elites, numerous analysts predicted that they would be successful in turning the targeted oligarchs against Putin. Putin’s days in office were numbered, they predicted.
Russia expert Ben Judah said, “European sanctions have spooked Russian elites. … Putin is slowly morphing from being the guarantor of the oligarchs’ billions into a threat to their wealth. They have started—for the first time—to become losers in Putinism” (Politico, July 31).
But the Trumpet never bought into this reasoning. On September 1, we wrote: “There is grumbling behind the scenes … among some oligarchs who, because of the trade war, are watching their wealth wither. A few are probably eyeing Putin the way vultures watch a wounded bear. But … [w]e do not agree with those who think he won’t survive the current turmoil.”
The new “Rotenberg Law” may prove to be an important part of Putin’s mollification of Russia’s oligarchs. It may help him continue to tighten his grip on power. To learn why the Trumpet believes Putin will likely remain in office.
Originally posted on the trumpet dot com, 3 October 2014 Trumpet Print Edition
BY JEREMIAH JACQUES: Putin to Compensate Russian Oligarchs for What the West Seized
|Author:||wiz [ 21 Oct 2014 12:26 ]|
|Post subject:||Re: Putin to Compensate Oligarchs for What the West Seized|
Jose to the board.
Before making any comments regarding your post, I would like to advise you that, on this board, it's a customary any new joining member to make an introductory post and let the other members to know little about them, also how he came across to our board and what he expects to get out of it!
Secondly may I bring your attention to the board rules and I would much appreciate if your read them, to avoid any problems in the future. viewtopic.php?p=2&f=2#p2
When posting links to the source make sure that you include the full and correct information, to avoid complaints regarding copyright! I edited your link......for this reason.
As about the writer of these articles and their purpose, it's pretty obvious his leanings from his subjective views, when he titles another article of his.....
"Reports of the Russian dictator’s demise are greatly exaggerated."
BTW the same author in another article.... "Asia stands with Putin" ...... states...
"Obama says Russia is isolating itself from the world. At least 3 billion people disagree!"
Frankly he is spouting out the usual American propaganda, emanating from the White house, but people around the world with the help of the internet have instant access to many sources and can see and understand what is going on......so the old traditional Radio/TV propaganda tools, do not exert the same influence, as few years back!
The “Ukraine crisis” repeats a script as old as the Cold War. The narrative features rising attacks by corporate states and media on the traditional whipping boy of Russia. As usual, “escalating the crisis” is US-led. As usual, alarm about “increasing lawless aggression” is projection of US policy itself. In fact, one more US-directed violent overthrow of an elected government has carved off the biggest country of Europe from next-door Russia.
Yet Russia gets all the blame for “brute force” in reclaiming Crimea – although 96% of a voluntary turnout of 82% voted to rejoin its traditional mother country. While denounced as “violation of international law”, the Crimea referendum choice expresses the “self-determination” of a society guaranteed under Article 2 of the United Nations Charter.
Ukraine’s coup government, in contrast, has prohibited any referendum on its rule – especially the Eastern regions where popular uprisings with no mass deaths or beatings (as in the Kiev coup) call for self-determination against illegal rule from Kiev. As we all know, the unelected Kiev regime, with the instigation and support of the US, after the visit of the CIA Director, has bombed and killed... over 4000's innocent people in the Donbass area and also created around 1 million refuges who fled their houses and went to Russia to survive.
It is true that Ukraine – the biggest country and bread basket of Europe – has now been pried wide open for transnational Western banks, agribusiness, Big Oil and NATO to feed on. And it is true that all talk of “land grab” has been projected onto Russia even as US Greystone and Blackwater mercenaries – now called “Academi” in the Big Lie lexicon – move on the ground in Ukraine as the US and NATO propagate ever more threats of force and embargo against “Russia’s aggression”.
Reverse blame is always the US geostrategic game. “Russia’s designs to take the whole of Ukraine” is again US projection of its own objective, as in the old days when “world rule plot” was attributed to the former USSR. Yet a line has been drawn at Crimea, and drawn again in Eastern Ukraine, and it is backed by a country that cannot be arm-twisted, propaganda invaded, or air-bombed with impunity. That is why the one-way threats never stop. It is the first line yet drawn by an historical power outside of China against the exponentially multiplying US-led private transnational money sequences devouring the world.
The Mechanisms of Reverse Blame to Justify Destroying Societies
Reversal of blame is always the US method of pretext and justification. This is why Russia is pervasively vilified in the mass media, and Canada’s big-oil regime joins in along with the UK. As always, denunciation rules without reasoned understanding.
As always, the US-led financial and military forces of private money-power expansion move behind the abomination of designated enemies. Any nation or leader not serving transnational corporate control of resources and markets across borders is always the villain.
This is the ruling meta program.
People now have a chance to reflect on who is the aggressor and who stands for democratic choice as events unfold. They can observe the patterns of Orwellian distortion day to day. Never is the other side presented. The US and NATO alone continuously denounce, lie and threaten.
Financial contracts and assets are violated by one side alone. Hate campaigns without evidence go one way. Uprisings have been mass murderous from the US-coup side and without harm from the resisting side. Russia is behind its own borders, and the US deploys threats, covert operations and mercenaries from thousands of miles away.
But this time US-NATO-led corporate globalization cannot destroy nations at will. Sometimes history can happen as it should.
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