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Grand Deception: The Strangulation of the Russian Economy in the 1990s Was a Deliberate IMF Policy

... if the notion of billions of barrels of proven oil reserves and billions of tons of gold fills your dreams with visions of red-hot cash flow and ice-cold vodka, then Boris Yeltsin just might find some work for you. - Paul Hofheinz, Fortune Magazine, 23 September 19911
The foregoing article is an excerpt from Chapter 3 of my book Grand Deception: the Truth about Bill Browder, Magnitsky Act and Anti-Russian Sanctions. Part 1 is here. Part 2 is here.
russia 90s
© Viktor Korotayev/Reuters
A street vendor feeds a stray dog at an illegal food market in the outskirts of Moscow, January 1997.
Shock therapy gave Russia one of the worst and longest economic depressions of the 20th century, an unprecedented humanitarian catastrophe for a peacetime crisis, and a criminally inequitable privatization of public assets. The reasons why things happened this way in Russia generally aren't well understood in the west. Even among better informed intellectuals, the failure of shock therapy is often thought to be vaguely related to some sinister flaw in the Russian society. It is what Bill Browder characterized as "the dirty dishonesty of Russia," or "Russia's evil foundation," which spawned corruption and criminality of staggering proportions. In this toxic environment, the sweet fruits of western democracy and capitalism simply could not grow in spite of the generous benevolence of Russia's western friends.

Such a credulous version of events was never based on any coherent analysis of what transpired in Russia during the 1990s. Rather, it was based on purposeful perception management in the Western media. As late as April 2015, Washington Post provided a good example of this perception management. In an editorial board article, Washington Post informed its readers that in the 1990s, "thousands of Americans went to Russia hoping to help its people attain a better life. The American and Western effort over the last 25 years - to which the United States and Europe devoted billions of dollars - was aimed at helping Russia overcome the horrid legacy of Soviet communism, which left the country on its knees in 1991. ... The Americans," write Washington Post editors, "came for the best of reasons. ... a generous hand was extended to post-Soviet Russia, offering the best of Western values and know-how."2

Bullseye

Joe Quinn on Sputnik: 'They're Not Really Fighting Against Russia, But Against Reality Itself'

putin trump summit
A Russian national has been charged in Washington accused of being an agent of the Russian Federation at the same time as Donald Trump and Vladimir Putin were meeting in Helsinki, a summit that has angered American politicians.

Maria Butina was charged Monday by the US Department of Justice with conspiring to act as an agent of the Russian Federation within the United States, a criminal allegation that may be designed to draw attention away from Monday's meeting between the US and Russian heads of state.

The charges are not related to the Mueller probe that is examining alleged Russian meddling in the 2016 election. She allegedly worked at the direction of a high-level Kremlin official. Sputnik spoke to political commentator Joe Quinn about the fallout from the Putin/Trump summit.


Violin

Helsinki Peace Talk Between Nuclear Superpower Leaders Putin and Trump Offends America's Assholes and Morons

trump white house protest
© Alejandro Alvarez ‏/ @aletweetsnews
Indy reporter Alejandro Alvarez: "There’re about 100 protesters huddled in Lafayette Park, awaiting Trump’s return from #Helsinki2018. They’re chanting stuff like 'you’re the puppet,' 'Benedict Arnold has got to go,' and holding up LED-lit signs like these..."
When I was a little girl I used to end all my nightly prayers with the words, "And please no nuclear war, and peace on earth. Amen." This was in the early eighties. The knowledge that weapons existed armed and ready which could annihilate all life on earth, including my Mum and my Dad and everyone I loved, kept me up at night.

I still marvel at the fact that these weapons exist, just as armed and just as ready, and we just go about our lives like it's perfectly normal. They're even more prone to malfunction than they were back then, because so many parts of the system are much older now. All it would take is something failing to work the way it's meant to or somebody making a mistake or miscommunication that hadn't been adequately anticipated and prepared for, and it could set into motion a chain of events from which there is no coming back. We've already come within a hair's breadth of nuclear annihilation on more than one occasion due to such occurrances, and yet people still act like preventing that from ever happening isn't the single most important priority for our entire species.

Comment: Ironically, Michael Moore, who signed the Common Ground document, is among those who are offended by the summit:

Don't miss the whole Putin and Trump press conference:

Post-summit Trump-Putin press conference (full text): First step toward renewing US-Russian friendship?


Wine n Glass

For the Western Establishment, Detente is Bad and Cold War is Good

trump putin
The entire "liberal" media and political establishment of the Western world reveals its militarist, authoritarian soul today with the screaming and hysterical attacks on the very prospect of detente with Russia. Peace apparently is a terrible thing; a renewed arms race, with quite literally trillions of dollars pumped into the military industrial complex and hundreds of thousands dying in proxy wars, is apparently the "liberal" stance.

Political memories are short, but just 15 years after Iraq was destroyed and the chain reaction sent most of the Arab world back to the dark ages, it is now "treason" to question the word of the Western intelligence agencies, which deliberately and knowingly produced a fabric of lies on Iraqi WMD to justify that destruction.

It would be more rational for it to be treason for leaders to blindly accept the word of the intelligence services.

Comment: Exactly. See also:


Phoenix

Heaven to Hell Timeline: Kilauea's Ruthless Eruption: 18,000+ Earthquakes and so Much More

hawaii lava
© REUTERS/Terray Sylvester
Lava erupts on the outskirts of Pahoa during ongoing eruptions of the Kilauea Volcano in Hawaii, US, May 18, 2018.
Kilauea, a volcano on the southern shore of the island of Hawaii, has been erupting almost continuously since 1983. On the 17th of May 17th, its eruption however was one of the strongest ever recorded, throwing ash 30,000 feet in the air. This article shows a chronological summary of events - volcanic activity and earthquakes - that led up to the massive eruption, with events that occurred afterwards. This is followed by what we can expect for the future, and lastly, a short mention of disastrous flooding and a 'rare' phenomena that preceded the event.

Russian Flag

How Putin Made Russia Great Again

putin kremlin
The Western establishment is in panic over the Trump-Putin summit in Helsinki, Finland. Nothing scares the globalists like peace. US media and politicians endlessly repeat cliched slogans and disinformation about Putin. The propagandists ignore the horrific economic depression of the 1990s when Russia's GDP fell by 40%, inflation shot up 2,000%, the stock market collapsed, the economy became dependent on paltry loans from the IMF, one-third of Russians lived in extreme poverty, the Russian military was devastated, and the country's future seemed totally hopeless. (The fact that such misery was caused by Neocons, banksters and US economists who controlled Russia in the 1990s... will never be acknowledged by the Western media).

Putin became the president of Russia on Dec 31, 1999 under bleak conditions, and his success should be measured by the progress over the last eighteen years. Here are 7 ways in which Putin has Made Russia Great Again...

Die

Grand Deception: Russian Lawmakers' Revolt And The 1993 Constitutional Crisis

"We created a virtual open shop for thievery at a national level and for capital flight in terms of hundreds of billions of dollars, and the reaping of natural resources and industries on a scale which I doubt has ever taken place in human history." ~ E. Wayne Merry, chief political analyst at the U.S. Embassy in Moscow (1990-1994)
The foregoing article is an excerpt from Chapter 3 of my book Grand Deception: the Truth about Bill Browder, Magnitsky Act and Anti-Russian Sanctions. Part 1 is here.
parliament moscow tanks 1993

Russian democracy had a tough start
Economic reforms and privatization were highly destructive for Russia. They were also achieved outside of the legitimate legal framework. To sidestep the government agencies and circumvent the parliament, Yeltsin's government worked through a network of private agencies and non-governmental organizations set up by Anatoly Chubais, his associates, and their western advisers. One of the most important of these organizations was the Russia Privatization Center (RPC), set up by the HIID and Anatoly Chubais under a presidential decree. RPC's directors were Andrei Schleifer and Chubais himself. Exemplifying corruption and conflicts of private and public interests in Yeltsin's cabinet, Chubais simultaneously headed the private RPC and the government's GKI (Federal Agency for State Property Management). This didn't seem to bother RPC's western sponsors; in addition to a $45 million grant from USAID, RPC obtained $59 million credit from the World Bank, $43 million from European Bank for Reconstruction and Development and further funding from the European Union, Japan and several individual European Governments.1 HIID also helped establish the Federal Commission on Securities, also with USAID's money.

SOTT Logo Radio

NewsReal: Trump on Tour! US President Takes Wrecking Ball to NATO & EU, Mueller Indicts Russians

TrumpSOTN
© The Nation
President Trump, State of the Nation Address, 2018
A calamitous week for the UK government began with ministers resigning over Brexit negotiations and ended with protests against Trump's first state visit. Just as he had done at the NATO Summit in Brussels prior to his arrival in the UK, Trump loudly repeated his stance on everything from Brexit to mass immigration to trade to Russia, pounding every sore spot in the ever-weaker Western Alliance.

Meanwhile, Russiagate hearings back home erupted in fireworks, with proceedings becoming so heated during examination of the FBI agent at the center of the 'Russian collusion investigation', Peter Strzok, that even Republican politicians called for them to be moved behind closed doors. And as that was going on, Mueller's investigation lobbed more indictments against Russians he alleges rigged the 2016 US election.

It's getting pretty chaotic out there! Join Joe and Niall today on NewsReal as they try to take it all in. Live audio broadcast on Sott Radio from 12 noon EST / 6pm CET


Running Time: 01:29:25

Download: OGG, MP3


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Stormtrooper

Liberal Fascism: Why Fascism Has Always Been a Leftist Movement, And How to Recognize Its Flavor

Liberal Fascism
In times of sweeping political correctness, bullies attacking those who question the holy liberal trinity of diversity, inclusivity and equality, and a media which toes the party line while defaming dissenters, it's easy to see why more and more people are calling the current progressive groupthink "fascist". But if you look at history, as Jonah Goldberg did in his book, Liberal Fascism, you realize that this is kind of missing the point: today's left isn't merely using fascist tactics. No, fascism is, and always has been, a progressive, leftist project. What we today call conservatism has little to do with it - in fact, it's almost its exact opposite.

To understand this, we first need to realize that fascism is a revolutionary movement, in the tradition of the French Revolution. As Goldberg puts it,
...the French Revolution was the first totalitarian revolution, the mother of modern totalitarianism, and the spiritual model for the Italian Fascist, German Nazi, and Russian Communist revolutions. A nationalist-populist uprising, it was led and manipulated by an intellectual vanguard determined to replace Christianity with a political religion that glorified "the people," anointed the revolutionary vanguard as their priests, and abridged the rights of individuals.
Revolution isn't exactly a conservative talking point, now is it? Or consider an early program of Mussolini, "the father of fascism": some of the things these early fascists wanted included a lowering of the minimum voting age, the end of the draft, the repeal of titles of nobility, a minimum wage, building "rigidly secular" schools for the proletariat, a large progressive tax system... in other words, a classically leftist platform. Fascism was, in a sense, a Bolshevik revolution minus internationalism. Consequently, many American progressives at the time were full of praise for Mussolini. Hitler was similarly anti-capitalist and anti-conservative. Writes Goldberg:
The Nazis rose to power exploiting anticapitalist rhetoric they indisputably believed. Even if Hitler was the nihilistic cipher many portray him as, it is impossible to deny the sincerity of the Nazi rank and file who saw themselves as mounting a revolutionary assault on the forces of capitalism. Moreover, Nazism also emphasized many of the themes of later New Lefts in other places and times: the primacy of race, the rejection of rationalism, an emphasis on the organic and holistic- including environmentalism, health food, and exercise- and, most of all, the need to "transcend" notions of class.
Goldberg leaves no doubt that fascism - both Mussolini's classical fascism and Hitler's Nazism - but also communism as fascism's equally-evil-twin - is in essence collectivist, anti-capitalist, anti-religion (except that it can use religion sometimes to further its aims), wants to control everything in the name of welfare, progress and for the "good of the people", uses science as a sort of priestly class to provide justification for the leaders of "the movement", hates the individual and always seeks to advance the collective... yep, exactly the Orwellian nightmare we see today, mostly on the left.

SOTT Logo Radio

The Truth Perspective: Trump's Zionist Ball and Chain: The Kushner-AIPAC-Port Authority Connection

Trump Kushner Netanyahu
© Hispan TV
Most Americans probably know Jared Kushner as Ivanka Trump's husband, and President Trump's right-hand man working on the Trump administration's Israel-Palestine 'deal of the century'. But how many remember his father, Charles? The elder Kushner is a real-estate developer, like Trump. But he's also a convicted felon who has done jail time for his corrupt 'business' practices, various financial crimes and mafia-like antics. He's also close friends with Benjamin Netanyahu, who once slept in Jared's bed when Jared was a teenager (don't worry, Jared slept in the basement).

Scratch below the surface of Kushner's past and you will uncover the corrupt world of New Jersey and New York politics, the Port Authority, organized crime, and a pay-to-play system that would make Hillary and Bill blush: bribery and blackmail, trysts and affairs, conspiracy and collusion, revolving-door nepotism, backstabbing and lobbying for the interests of a foreign state. As Ryan Dawson of Anti-Neocon Report puts it, "Crooks are using the state to enrich themselves and then using this wealth to further the interest of the Israeli regime and its grip over America money, media, and military power."

Today on the Truth Perspective we discuss Dawson's 2017 documentary God Is Not A Real Estate Agent: Trump's Zionist Ball & Chain, which goes into all these topics in depth.

Running Time: 01:23:54

Download: OGG, MP3


Listen live, chat, and call in to future shows on the SOTT Radio Network!