Skip to main content

View Diary: Ukraine's Parliament votes to oust President Yanukovich and sets election in May (63 comments)

Comment Preferences

  •  and now the speculators (11+ / 0-)

    will be able to cut a much better deal when it comes time to negotiate the asset-stripping of Ukraine.

    Out of sight, out of mind. Greece is an EU member so they have to maintain some pretense of according them the rights and privileges of membership. Ukraine isn't an EU member and won't be anytime soon, let me tell ya. So the vulture capitalists will have a freer hand.

    The next government could be twice as bad as the last one, they could throw everyone who looked at them cross-eyed into a dungeon, and our media wouldn't breathe a word of it as long as our 1% got their cut. They'd just assure us that all is going well and ask our patience during this "difficult time" of "transition" for the Ukrainian people.

    "In America, the law is king." --Thomas Paine

    by limpidglass on Sat Feb 22, 2014 at 09:35:49 AM PST

    [ Parent ]

    •  Asset stripping is the goal of every imperial (4+ / 0-)

      power.

      Pope Francis: the Thumb of Christ in the eyes of the Pharisees.

      by commonmass on Sat Feb 22, 2014 at 09:37:01 AM PST

      [ Parent ]

    •  Well (7+ / 0-)

      That pretty much sums up my fears.

      If this whole thing sounds familiar, it's because it's a reinterpretation on a theme from a mere ten years ago:

      http://en.wikipedia.org/...

      Which did not bring about meaningful change when it comes to governance and political corruption in that country.

      "I'll believe that corporations are people when I see Rick Perry execute one."

      by bink on Sat Feb 22, 2014 at 09:43:09 AM PST

      [ Parent ]

    •  Ukrainian 'businessmen' had two decades for (1+ / 0-)
      Recommended by:
      Dallasdoc

      asset stripping. Do you really think they are that incompetent and were unable to do it?

      In fact, it's likely that Ukraine will do better now. For example, before Orange revolution (in 2004) Ukrainian government sold a large steel plant to local investors (including the President's son in law) for $0.8 bln. After the revolution the new government declared the sale invalid and started the auction again. They ended up selling it to Indian investors for $5 bln.

        •  Which is still asset stripping (0+ / 0-)

          Sold to a foreign investor. Downsized 20000 jobs with plans to downsize more. How did selling this help Ukraine economically? And who arranged the sale? That awesome bank Citigroup. Indian investors? In name only. Mittal is run from London with it's base in Rotterdam. Mittal then took over Arcelor to become the largest steel manufacturer in the world and moved to Luxembourg but still run from London. They also closed plants in the US. This is exactly what the EU has planned for Ukraine.

          Great example.....

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site