In a recent appearance on FOX News, U.S. senator Ted Cruz stated categorically that Vladimir Putin was a KGB thug who said that the greatest geopolitical disaster of the 21st century was the dissolution of the Soviet Union (the quote and the warped timeline Cruz’s own). The foregoing article should explain why Vladimir Putin may have said something of the sort. It is part 5 in a six-part series on Russia’s 1990s transition from communism to capitalism, excerpted from Chapter 3 of my book, “Grand Deception: the Truth About Bill Browder, the Magnitsky Act, and Anti-Russia Sanctions.” The book’s previous incarnation was banned last summer.
The foregoing article is part 4 in a six-part series on Russia’s transition from communism to capitalism during the 1990s. Links to previous posts: introduction, part 1, part 2, part 3. It is an excerpt from Chapter 3 of my book, “Grand Deception: the Truth About Bill Browder, the Magnitsky Act, and Anti-Russia Sanctions.” The book’s previous incarnation was banned last summer by some of the same actors we’ll be discussing today. This post should prove relevant today, in light of hysterical rebukes of President Trump‘s recent summit with his Russian counter part in Finland, particularly regarding the role and trustworthiness of the so-called “intelligence community.” Continue reading
… if the notion of billions of barrels of proven oil reserves and billions of tons of gold fills your dreams with visions of red-hot cash flow and ice-cold vodka, then Boris Yeltsin just might find some work for you. – Paul Hofheinz, Fortune Magazine, 23 September 1991
The foregoing article is an excerpt from Chapter 3 of my book “Grand Deception: the Truth about Bill Browder, Magnitsky Act and Anti-Russian Sanctions.” Part 1 is here. Part 2 is here.
Shock therapy gave Russia one of the worst and longest economic depressions of the 20th century, an unprecedented humanitarian catastrophe for a peace time crisis, and a criminally inequitable privatization of public assets. The reasons why things happened this way in Russia generally aren’t well understood in the west. Even among better informed intellectuals, the failure of shock therapy is often thought to be vaguely related to some sinister flaw in the Russian society. It is what Bill Browder characterized as “the dirty dishonesty of Russia,” or “Russia’s evil foundation,” which spawned corruption and criminality of staggering proportions. In this toxic environment, the sweet fruits of western democracy and capitalism simply could not grow in spite of the generous benevolence of Russia’s western friends. Continue reading
We created a virtual open shop for thievery at a national level and for capital flight in terms of hundreds of billions of dollars, and the reaping of natural resources and industries on a scale which I doubt has ever taken place in human history. – E. Wayne Merry, chief political analyst at the U.S. Embassy in Moscow (1990-1994)
The foregoing article is an excerpt from Chapter 3 of my book “Grand Deception: the Truth about Bill Browder, Magnitsky Act and Anti-Russian Sanctions.” Part 1 is here.
Economic reforms and privatization were highly destructive for Russia. They were also achieved outside of the legitimate legal framework. To sidestep the government agencies and circumvent the parliament, Yeltsin’s government worked through a network of private agencies and non-governmental organizations set up by Anatoly Chubais, his associates, and their western advisers. One of the most important of these organizations was the Russia Privatization Center (RPC), set up by the HIID and Anatoly Chubais under a presidential decree. RPC’s directors were Andrei Schleifer and Chubais himself. Continue reading
As the 2018 football World Cup in Russia draws to a close, many of her foreign visitors were surprised to encounter in Russia an affluent society and a friendly, welcoming host. This makes it difficult to appreciate that only a generation ago, Russia experienced a political, economic and social collapse of calamitous proportions. After the Soviet Union disintegrated in 1991, Russia embarked upon a transition from communism to capitalism. The so called “shock therapy” program, prescribed and guided by western experts resulted in the longest and one of the most severe economic depressions in the 20th century. Today, few people outside of the nations of former Soviet Union remember this dark episode. Fewer still understand it.
Even among the better informed intellectuals in the west, the failure of Russia’s shock therapy transition is largely misunderstood and often attributed to some sinister flaw in Russian society – a flaw which spawned corruption and criminality of staggering proportions. In this toxic environment, the sweet fruits of western democracy and capitalism simply could not grow in spite of the generous benevolence of Russia’s western friends and helpers. Continue reading
Former hedge fund manager Bill Browder, the faux crusader for human rights, has made very serious claims of corruption against Vladimir Putin, claims which many media personalities in the West have treated as true and factual without ever challenging them. Browder, the go-to expert on Putin’s corruption, presents these claims in his bestseller, “Red Notice.” At first blush, they show Vladimir Putin in a very negative light that may shock the reader. A more careful scrutiny of Browder’s case shows it to be a disingenous, baseless smear, which further begs the question: if this is the best (worst) Browder can offer as proof against Putin, what exactly do the ceaseless allegations of his corruption amount to? The following excerpt from my book (currently banned, but available here in electronic format) examines the merits of Bill Borwder’s assertions. Continue reading
This article is an excerpt from my book “Grand Deception: The Browder Hoax,” first published in August 2017 as “The Killing of William Browder” on Amazon.com. Only five weeks after its publishing, Bill Browder’s lawyers had the book suppressed. Clearly, dear reader, you aren’t meant to know what’s in it. The book is on sale again at this link: https://thirdalliance.ch/product/grand-deception-the-browder-hoax/
U.S. Civil War has become a popular topic of late, but as it turns out, what nearly everyone thinks they know about that event is wrong, in part – but this part is very significant. My high school and university history classes left me with the impression that the war was fought over the issue of slavery: the “North” (good guys) was against slavery and wanted it abolished; the “South” (bad guys) wanted to keep the slaves, so they all went to war. Good guys won, bad guys lost, slaves got their freedom, and the world was made a better place. That, in a nutshell, is what I thought I knew about the Civil War. I’m not sure why I had that idea so, to make sure I wasn’t mistaken I conducted an informal survey among my American friends and acquaintances, all university educated people, some of them with advanced degrees. I asked about a dozen of them what they thought U.S. Civil War was about. To a person, all of them unhesitatingly answered that it was about the abolition of slavery. Furthermore, none of them were aware that Russia played any role at all in the Civil War. It struck me that maybe my friends and I all had the same basic idea about that event because we were meant to have that idea, which is now pretty much part of the popular culture. However, the popular interpretation omits some critical aspects of history. Continue reading