Free Markets, Free People

Irony – Advice From Putin … But Will We Heed It?

Amazing that it is Russia giving the advice and the US deciding it isn’t valid:

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.”

Unfortunately I think this lesson is mostly lost on us and it will, just as it did Russia, cost us dearly.


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6 Responses to Irony – Advice From Putin … But Will We Heed It?

  • Hey McQ, I noticed the stock market fell about 300 points yesterday. Funny, I didn’t see this on the MSM. I seem to recall in a past administration, everytime it moved down at all it was headline news. Perhaps another example of “Hope”, just don’t talk about it….

  • Even the commie admits it doesn’t work

  • We are truly living in Bizarro World. An ex-commie KGB agent currently running Russia is more concerned about overweening government than a current popularly-elected and media-worshipped US president.

    What next? Hugo Chavez telling us to impose term limits? Mahmoud Ahmadinejad advising us to crack down on terrorism? Martha Stewart living in a trashy mobile home? This is all just too weird for me.

  • Not only does it make an economy ‘uncompetitive’, it makes an economy non-functional.

  • “In the 20th century, the Soviet Union made the state’s role absolute


    And the left didn’t hear the rest of the sentance because they had a collective orgasm at the thought of the absolute state

  • My Irony Meter just exploded.