|
MasterShake69 -> RUSSIA and CHINA warn OBAMA (2/18/2009 10:48:38 PM)
|
When the communist and former communist warn you not to go in the direction of socialism...you should listen. http://gatewaypundit.blogspot.com/2009/02/putin-lectures-american-democrats.html Tuesday, February 17, 2009 Putin Warns US Democrats Against Socialism (Video) "We must not revert to isolationism and unrestrained economic egotism... Excessive intervention in economic activity and blind faith in the state's omnipotence is another possible mistake. True, the state's increased role in times of crisis is a natural reaction to market setbacks. Instead of streamlining market mechanisms, some are tempted to expand state economic intervention to the greatest possible extent... In the 20th century, the Soviet Union made the state's role absolute. 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." and UPDATE: The Chinese communist government issued another warning to Democrats today-- "Increased borrowing by the United States to fund its massive stimulus package could cause the depreciation of U.S. dollar-denominated assets."
|
|
|
|