Is America’s Economy Being Sovietized?

The foundation of the Soviet model of trade and investment was centralization under the guise of “universal public ownership”. The entire goal of communism in general was not to give more social and political power to the people, but to extinguish alternative options and focus power into the hands of a select few. The process used to reach this end result can vary, but the goal always remains the same. In most cases, such centralization begins with economic hegemony, and it is in our fiscal structure that we have the means to see the future. Sovietization in our financial life will inevitably lead to sovietization in our political life.

Does the U.S. economy’s path resemble the Soviet template exactly? No. And I’m sure the very suggestion will make the average unaware free market evangelical froth at the mouth. However, as I plan to show, the parallels in our fundamentals are disturbing; the reality is that true free markets in America died a long time ago.

Russia Wary of Deeper Nuclear Arms Cuts

The Kremlin is quite horrible at being truthful, as every other week a news piece comes out mentioning Russian military advancement gains and superiority over their American counterparts. Here are a few examples:

• Russia pursues hypersonic weapon research
• Medvedev Says Russian Rearmament On Level With WWII
• US Missile Shield No Threat to Russia – Deputy PM
• Putin Builds Space-Weapon Deterrent as Russia Target Mars, Moon
• Russian Deployment of Missile Defenses Hidden in Plain Sight
• Silent sub: Russian noiseless Borei class nuclear submarine immersed

Further information can be found while using the Global Geopolitics search feature, or under the following tags: Soviet Union; Military Technology; Nuclear Weapons & Proliferation.

It seems they’re still selling New Lies for Old — and sadly America has been taking the bait since the 60′s.

Russia’s top military officer on Thursday voiced skepticism about deeper nuclear arms cuts, saying they should require parallel reductions in non-nuclear precision weapons.

The statement by chief of Russia’s military General Staff, Gen. Valery Gerasimov, appeared to signal the Kremlin’s reluctance to negotiate a new nuclear arms deal with Washington.

BRICS risk ‘sudden stop’ as dollar rally builds

The stock of capital flowing into emerging markets has doubled from $4 trillion to $8 trillion since the Lehman Crisis, chasing a catch-up growth story that looks tired and has largely sputtered out in Brazil, Russia and South Africa.

Much of the money has gone into debt, with falling economic returns. This is the next shoe to drop in the festering saga of global imbalances. All it will take is a gear-shift by the US Federal Reserve and the inevitable dollar surge that follows. It was the Volcker Fed that set off Latin America’s defaults in the early 1980s. It was the mighty dollar that set off Mexico’s Tequila crisis, and then the East Asian chain-reaction in the 1990s.

US Lawmakers Try to Block Sharing Missile Defense Data with Russia

Republican US lawmakers are taking steps to bar the United States from sharing classified missile defense technology information with Russia, draft legislation that was amended in the US Congress Wednesday shows.

Revenge of the Bear: Russia Strikes Back in Syria

President Vladimir Putin of the Russian Federation has drawn a line in the sand over Syria, the government of which he is determined to protect from overthrow. Not since the end of the Cold War in 1991 has the Russian Bear asserted itself so forcefully beyond its borders in support of claims on great power status. In essence, Russia is attempting to play the role in Syria that France did in Algeria in the 1990s, of supporting the military government against rebels, many of them linked to political Islam. France and its allies prevailed, at the cost of some 150,000 dead. Can Putin and Syrian President Bashar al-Assad pull off the same sort of victory?

Even as Damascus pushes back against the rebels militarily, Putin has swung into action on the international and regional stages. The Russian government persuaded U.S. Secretary of State John Kerry to support an international conference aimed at a negotiated settlement. Putin upbraided Israeli Prime Minister Benjamin Netanyahu over his country’s air attacks on Damascus. Moscow is sending sophisticated anti-aircraft batteries, anti-submarine missiles and other munitions to beleaguered Assad, and has just announced that 12 Russian warships will patrol the Mediterranean. The Russian actions have raised alarums [sic] in Tel Aviv and Washington, even as they have been praised in Damascus and Tehran.

Two-Faced — Russia building up missile defenses while seeking to limit U.S. defenses

Another Gertz article with the same subject as a previous post:

Russia is engaged in a major buildup of both nuclear and conventional missile defense systems at the same time Moscow is seeking legal limits on U.S. missile defenses, according to U.S. officials.

The Russian military is developing and deploying an array of new and modernized anti-missile interceptors that are part of a strategic doctrine that calls for defending against what Moscow believes to be an increasing threat posed by offensive ballistic missiles, said U.S. officials with access to intelligence reports.

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Additionally, the Russians are upgrading the SH-08 nuclear-tipped anti-missile interceptors that have been deployed around Moscow for more than two decades.

Hypocrisy and Capitalism

Fidel Castro once said, “I find capitalism repugnant. It is filthy, it is gross, it is alienating … because it causes war, hypocrisy and competition.” What is most curious in this quote is the apparent innocence with which a famous socialist dictator uses the term hypocrisy, as if the socialist alternative to capitalism were anything but hypocrisy. Socialist dictators often allege that economic freedom is slavery and then, through a socialist revolution, bring real slavery to an entire people. The socialist dictator says, “I am a liberator.” He blames the free market for poverty, and then he annihilates the free market in favor of near universal poverty. A politician like Castro, promising happiness and freedom, nonetheless delivers the exact opposite and has the nerve to say that capitalism is hypocritical.

Consider the old Soviet joke which asks, “Comrade, what is the definition of capitalism?” The answer comes back, “It is a system where man exploits man while socialism is the exact opposite.” The joke works nicely in all socialist countries. The socialist dictator blames the free market for the world’s problems. He assumes a dictatorship over the economy, over investment, over opportunity. It is a total dictatorship because the state takes total control. And what could be more “filthy” and “gross”?

Syrian-Israeli war of words via Putin edges into Syrian-Hizballah war of attrition.

Russian President Vladimir Putin and Prime Minister Netanyahu ended their three-hour meeting in Sochi Tuesday, May 14, at loggerheads on Syria. In fact, Putin warned his guest that Israel and its army, the IDF, were heading for war with Syria in which Russia might well be involved – and not just through the advanced S-300 anti-air missiles supplied to the Assad government. The case Netanyahu and Military Intelligence chief Maj. Gen. Aviv Kochavi put before Putin and Russian foreign intelligence chief, SVR Director Mikhail Fradkov, fell on deaf ears.

Saudis explore Iranian options for Syria & Lebanon in talks with Iran’s Salehi

Saudi Arabia has decided to explore dialogue with its great regional rival Iran for ending the Syrian conflict and assuring Lebanon’s political future, debkafile’s Gulf sources report. They have given up on US policy for Syria in view of Russian and Iranian unbending support for Bashar Assad; his battlefield gains aided by Hizballah and Iranian Bassij forces; and Turkey’s inaction after Saturday’s terrorist bombings in the town of Reyhanli near the Syrian border which caused 46 deaths.

Open Secrets — Pentagon plans to share missile secrets with Russia opposed by Republicans

The Pentagon held internal talks on declassifying sensitive missile defense technology that it plans to share with Russia as part of the Obama administration’s efforts to assuage Moscow’s opposition to European defenses.

Republicans in both the House and Senate plan to block any technology declassification for missile defense technology in the current defense authorization bill and other legislation. Legislative mark up on the authorization bill begins this week.

Russia pursues hypersonic weapon research

Russia is developing a hypersonic weapon program. It involves more than 60 companies and is scheduled for completion this summer. Launched in the former USSR, hypersonic weapon research was resumed in post-Soviet Russia in 2009 under the umbrella of the state-owned Tactical Missiles Corporation.

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Hypersonic missiles can travel at a speed surpassing that of sound (1,200 km/h) by ten or more times and are capable of penetrating any missile defense, says Alexander Khramchikhin, deputy head of the Institute for Political and Military Analysis in Moscow.

Japanese Defense — Going Nuclear?

Recent reports about the imminence of the opening of a massive reprocessing facility in Rokkasho, northern Honshu, have analysts wondering about the Japanese government’s intent for its use. The real concern is that the plant could produce weapons-grade plutonium for manufacturing nuclear weapons.