Community | June 23, 2010 | 1 comment

Medvedev gives the Governator a bailout

source: http://rt.com/Politics/2010-06-23/russia-techno-wave-california.html

Image
Remy714
President Dmitry Medvedev has begun his US tour in the state of California where he will be paying a visit to Silicon Valley in an effort to boost US-Russian economic relations. Over 200 years ago, the Russian-American Company, Russia’s first joint stock company, was establishing trade posts along the Pacific Coast as economic opportunities with the young American country were beginning to show signs of promise.

The southernmost Russian establishment was called Fort Ross, which the United States recognizes today as a National Historic Landmark. This scenic park situated in Sonoma County represents an intriguing piece of shared history between the two countries. And it speaks volumes about the enduring nature of the US-Russian relationship that Dmitry Medvedev chose to begin his US tour by helping to keep this financially strapped park afloat.

California Governor Arnold Schwarzenegger, who personally welcomed Medvedev on his arrival to America’s most populated state, decided earlier to slash funding of Californian national and historical parks due to an acute budget crisis.

Schwarzenegger and Renova Group CEO Viktor Vekselberg signed in the presence of President Dmitry Medvedev an agreement that will help to preserve Fort Ross from insolvency.

At least one million dollars annually will be needed to keep the Fort Ross in a proper state, Vekselberg told reporters after a singing ceremony of the memorandum.
The Californian governor thanked Vekselberg and Renova Group for their generosity.
  1. groups:
    Community
  2. tags:
    Russia,  Bailout,  Debt,  Arnold Schwarzenegger,  7 more
  3.     
    |

1 comment // Medvedev gives the Governator a bailout

  • im1mjrpain
    • +1
      im1mjrpain  
    • Image

    • As always the main stream media paints a happy picture. As always it's only part of the story. The nice historic park is now saved.

      "At least one million dollars annually will be needed to keep the Fort Ross in a proper state, Vekselberg told reporters after a singing ceremony of the memorandum.
      The Californian governor thanked Vekselberg and Renova Group for their generosity."

      So the Russian president bails out California Govenor out of the goodness of his own heart? Generosity? What I find interesting is that this is the same guy, who as reported by Bloomburg on July 9, 2009 (See link below) "repeatedly called for creating a mix of regional reserve currencies as part of the drive to address the global financial crisis, while questioning the U.S. dollar’s future as a global reserve currency. Russia’s proposals for the G-20 meeting in London in April included the creation of a supranational currency."

      Supranational currency = One world currency = One world Bank = One world Government = NEW WORLD ORDER.

      http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aeFVNYQpByU4

      Now he's essentially buying a State park in CA? I'd like to hear what the incentive is for the Russians. Can't seem to find any articles that touch upon that part of the story yet.

    • 1 year ago
more from Community:
from the community

top videos