We are firmly in the 21st century, yet the newly formed Donetsk and Lugansk People’s Republics (together forming the Donbass region) once again face the old Lenin’s dilemma: to nationalize the Ukraine oligarchs’ assets, or not. The primary backers of the euro-maidan and the present junta in Kiev, possessing significant assets in Donetsk and Lugansk, include Renat Akhmetov, Igor Kolomoyskiy (the same guy who finances his own private army and who treats nearby Dnepropetrovsk as his fiefdom) and a few others. It appears the main wrath of the people is directed currently at Renat Akhmetov, who is a Donetsk native.
The dilemma, to nationalize or not, is the old one. Lenin agonized over the same after the 1917 Bolshevik Revolution and in the first years of the young Soviet Republic. After the referendum of May 11, 2014, during which 90%+ of the Donetsk and Lugansk citizens combined voted to form a broad autonomy with subsequent secession from Kiev, both young Republics started experiencing financial problems. Kiev turned off financial sources and threatened to stop paying pensions and salaries. Meanwhile, taxes were still being collected in Donetsk and Lugansk to be sent to Kiev. Read the rest of this entry
Below is another excellent interview with Jim Willie of the Golden Jackass by our friends at The Plane Truth radio.
First, a few of my thoughts:
Jim Willie is discussing how the West is trying to attack the Russian Gazprom. Gazprom is a major player in the world economy. It is one of the world’s largest companies. Russia owns at least 30% of the world’s gas. Another issue raised in this interview concerns the Russian gold and what was really behind the Cyprus debacle last year, how it was related to Russia and Russian financial interests. What is Europe’s role. Russian gas pipelines and Syria. And finally, how’s Ukraine related to all this. Read the rest of this entry