Tuesday, December 2, 2014

Putin's Russian economy nightmare

Remember, in the not so long ago past, how GOP leaders and cheerleaders were tooting Russian President Vladimir Putin's horn?

Putin was showered with unconditional praise for (in their opinion) outmaneuvering and outsmarting President Obama on the world stage.

And with Obama hate so acute, our Republican brethren decided to give a big ole political bear hug to a former KGB agent/leader; a man who despises the west and has visions of rebuilding the former Soviet Union empire.

Republicans, conservative pundits, and evangelical fanatics have lined up behind their prototypical conservative Putin, and contrary to what some may think, it is not solely because they hate President Obama they have spent no small amount of time comparing to the Russian president.
This past week Fox News strategic analyst Ralph Peters was effusive in praising Russia he asserted “has a real leader, while our President is incapable and unwilling to lead.” Former New York mayor Rudy Giuliani could barely contain his enthusiasm for Putin and said “Putin decides what he wants to do and does it in half a day. He makes a decision and executes it quickly and everybody reacts. That’s what you call a real leader.”
Another conservative pundit praised Putin because “he likes to hang out with his shirt off and tells the West if you mess with me I’ll kill you all.” Even half-term, half-wit Sarah Palin compared the conservative’s hero with President Obama and said, ”people look at Putin as one who wrestles bears and drills for oil, and our President wears mom jeans and equivocates.” Another Fox analyst said, “In Putin, you’ve got a big strong guy, muscular and shirtless on a horse who wrestles tigers, while the President wears mom jeans.”
 It is unclear why conservatives are obsessed with mom jeans, whatever they are, but it is likely to compare President Obama’s diplomacy first foreign policy with a big shirtless leader who subscribes to the George W. Bush foreign policy of pre-emptively invading sovereign nations; the conservative’s idea of a “real leader.”  source
Enough with the man crush.
Haven't these chicken-hawk enablers learned anything from W's shoot first ask questions latter Iraq invasion; preemptively starting a war that inflamed and destabilized the Middle-east.
But hey, even though we are still entangled with the Iraq region chaos, it didn't stop W from prematurely declaring Mission Accomplished with a John Wayne swagger back in 2003.
Now a few months after Putin's ill-advised Ukrainian overreach, seems like there's trouble in paradise for the GOP's guy in Moscow:
The Russian government has acknowledged that the country will fall into recession next year, battered by the combination of Western sanctions and a plunge in the price of its oil exports.
The news caused the stock market to drop and pushed the ruble to a fresh record low against the dollar.

The economic development ministry on Tuesday revised its GDP forecast for 2015 from growth of 1.2 percent to a drop of 0.8 percent. Russian households are expected to take hit, with disposable income seen declining by 2.8 percent against the previously expected 0.4 percent growth.
Russia's economic outlook is at the mercy of the global market for oil, a key export that finances the bulk of the state budget. Sanctions over Moscow's role in eastern Ukraine are making things worse, hurting Russian banks and investment sentiment in particular.  
As for me, I like a president to methodically play chess instead impulsively jumping red or black checkers over each other and yelling "King me."

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