tagged w/ Russian President Dmitry Medvedev
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Russian President Dmitry Medvedev visits America before attending the G8 and G20..
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The truth about South Ossetian war should be revealed - Berlusconi
The West should know the truth about the war in South Ossetia, said the Italian Prime Minister Silvio Berlusconi after talks with Russian President Dmitry Medvedev in Moscow. Solutions to tackling the global financial crisis were another important issue on the agenda between the two.
During the talks the sides agreed that a new financial architecture with collective decision-making should be a proper response to the global financial crisis.
Dmitry Medvedev said: "Certainly, we spoke of the global financial crisis as well. Here we are unanimous in our view: we all need a new financial architecture. The one that exists today is not meeting its goals. The result of it is the capital planetary financial-economic disruption which occurred and which is still continuing today."
"The main thing is to adopt proper collective mechanisms and to establish joint responsibility for the circulation, for the operation of global finance."
Another important issue was Russia-EU relations after the war in South Ossetia in August.
Medvedev said the conflict in the Caucuses should not affect the cooperation between Russia and the European Union.
Silvio Berlusconi replied that he also sees no obstacles for signing the new Russia-EU deal.
The Italian PM stressed that the West should be told the truth about the war in South Ossetia.
He said: “I thank President Medvedev for appreciating Italy’s position concerning the Ossetian conflict. This position was based on knowledge of the facts. And I think these facts should help the international community understand what really happened and overcome the disinformation that took opinion far from reality.”
The sides also discussed the current U.S. elections and the victory of Democratic presidential candidate Barack Obama.
"We hope the new U.S. president will be a successful leader capable of building proper domestic and foreign policy and lay solid foundations for relations between Russia and the U.S.," Dmitry Medvedev said.
Meanwhile the Italian PM described Obama as “young, handsome,” and with a “good tan”.The truth about South Ossetian war should be revealed - Berlusconi
The West should... more
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Russian President Dmitry Medvedev believes theres a good chance to fully restore relations with the US under Barack Obama. He made the comment at a meeting of the US Council on Foreign Relations, which was held separately from the G20 meeting in Washington.Russian President Dmitry Medvedev believes theres a good chance to fully restore... more
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Russian President Dmitry Medvedev vowed to cooperate with the new US administration in an 80-minute speech.
Medvedev has had his own blog addressing issues between the United States and Russia....These are worth watching in order to view the entire truth of the swelling issues and our countries political moves with Russia. More information can be found at youtube or at the Russia Today web site.
Russian President Dmitry Medvedev vowed to cooperate with the new US administration in... more
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After a long battle to secure democracy in the United States, it somehow became fashionable among the Founding Fathers in the early days of the republic to exclude all "dangerous factions" from the narrow field of political players.
John Madison warned in "Federalist Papers No. 10" against the prospects of "a number of citizens... who are united and actuated by some common impulse of passion, or of interest, adverse to the rights of other citizens, or to the permanent and aggregate interests of the community." In other words, democratic institutions must be professionally tailored to fit the body politic in order to protect the lavish lifestyles and inordinate interests of the governing classes.
The greatest fear of America's Founding Fathers was "the mob," or rather those men who might be tempted, over time, to take exception with the rigid stratification of the social hierarchy. Many ingenious political technologies were thus forced on the people, such as the Electoral College, an anachronistic institution originally designed to prevent the undesirables from winning at the ballot box; the system is still in use today, together with a faulty voting apparatus that even "authoritarian" Venezuela has managed to fix.
Over time, the "problem" with factions was resolved: Since 1789, the United States - a land of 500 different cereal brands, 200 kooky colas, and 1,500 car models - is far less generous when it comes to providing choice in the political marketplace: Year after dismal year, U.S. voters get exactly two political choices: Democratic or Republican, take your pick. Not even the richest men in America (Ross Perot, for example) can smash through this Plexiglas ceiling. Yes, the spectacle of conventions, campaigns and champagne, not to mention the occasional articulate black man or fearless first female, are all quite fun to watch, but then what would a sham be without a whole lot of colorful distractions?
A curious thing about this two-party grip on power is that the theory of a ‘lame duck' president has lost all force; the U.S. president enjoys all the powers of a Mussolini, and then some. In fact, King George II has never enjoyed greater presidential powers than he does right now, in the twilight of his 8-year-old ham-fisted rule.
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So how did the Democrats respond to Bush's request to socialize American capitalism through a taxpayer infusion of $700 billion? Hold on to your chair, dear reader, this is harsh.
And I quote DEMOCRATIC House Squeaker Nancy Pelosi: "We sent a message to Wall Street - the party is over... People have to know that this isn't a bailout of Wall Street. It's a buy-in so we can turn our economy around."
Um, Nancy, where I come from, when one group of people hands another group of people $700 billion dollars due to the latter's lack of common sense, this does not signal the "end of the party." Indeed, it portends the beginning of yet another bout of stupid behavior.
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This sums up the unacceptable thing about American politics, which is the asinine belief that the two parties must always play nice, and not display too much "bipartisan politics," especially before dinner. Says who?
Even the word "bipartisan" is an affront, suggesting that we should be content with no more than two choices.
It is my humble prediction that without a third or fourth voice in the dense field of U.S. politics, the present power monopoly will crash, dragging capitalism to the historical depths with it. Exactly as Karl Marx predicted it would. After a long battle to secure democracy in the United States, it somehow became... more
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MOSCOW, October 27 (RIA Novosti) - Russian President Dmitry Medvedev has signed into law an array of measures aimed at ensuring stability in the banking system through December 31, 2011, the Kremlin press service said on Monday.
Russian banks have been hit hard by the ongoing global financial squeeze sparked by the mortgage crisis in the United States. The Russian government has recently taken unprecedented measures to pump billions of U.S. dollars into the domestic banking system to shore up its liquidity.
The bill was approved by the lower house of parliament on October 23 and by the upper house four days later.
The law establishes a legal framework for prompt and effective measures to stave off bankruptcy in the banking sector.
It empowers the Central Bank to intervene to help ailing banks, in particular, to provide additional funding to bail them out, put them into receivership, forcibly reduce their equity capital, and a host of other measures designed primarily to protect depositors.
Russian President Dmitry Medvedev recently signed a bank deposit insurance law, increasing the amount guaranteed to 700,000 rubles ($26,800) from 200,000 rubles.
The Central Bank previously granted $50 billion in subordinated loans to Russian companies and banks through the country's national development vehicle, Vnesheconombank, to help them refinance their foreign loans.
Starting from October 20, the Central Bank has been holding unsecured loan auctions for a large group of Russian banks to help the domestic banking system handle a cash shortage.
MOSCOW, October 27 (RIA Novosti) - Russian President Dmitry Medvedev has signed into... more
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