Putin Calls U.S. A ‘Parasite’ Over Its Debt

Alien ChestbursterJust over its debt, Mr. Putin…? Richard Boudreux writes in the Wall Street Journal:

MOSCOW — Russian Prime Minister Vladimir Putin called the U.S. “a parasite” because of its huge debt load, evoking a term used by Soviet leaders to demonize people who didn’t work, study or serve the Communist state.

Russian Prime Minister Vladimir Putin, shown at a youth forum, on Monday labeled the U.S. ‘a parasite’ for its debt load. The term is steeped in Soviet rhetoric: Lenin invoked it after the 1917 revolution, and Stalin, himself denounced as a parasite by Trotsky, used the label against Jews, dissidents and others.

In a speech Monday, Mr. Putin said Russia and other countries should seek new reserve currencies to hedge against “a systemic malfunction” in the U.S. Both Russia and China in the past have questioned the dollar’s pre-eminence as a reserve currency and its role in international trade and investment.

Russia keeps almost half its reserves in dollar assets.
“The country is living in debt,” Mr. Putin told a pro-Kremlin youth rally in central Russia. “It is not living within its means, shifting the weight of responsibility on other countries and in a way acting as a parasite.”

More: Wall Street Journal

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  • Anonymous

    Vlad may be a putrid sack of shit, but he’s not an idiot.  He knows he can harness Tea Partiers’ hatred of America to further undermine the USA with even deeper tax cuts for multinational corps and fly-by-night, would-be “patriots” like Faux News’ former Australian former Brit Rupert Murdoch.

    Vlad expects dumbasses like Ron Johnson and Paul Ryan to wave this around come the debt reduction talks in order to avoid taking one dime from the defense budget, instead of making their Wall Street patrons pay their fair share.  And he will be proven 100% correct.

  • Liam_McGonagle

    Vlad may be a putrid sack of shit, but he’s not an idiot.  He knows he can harness Tea Partiers’ hatred of America to further undermine the USA with even deeper tax cuts for multinational corps and fly-by-night, would-be “patriots” like Faux News’ former Australian former Brit Rupert Murdoch.

    Vlad expects dumbasses like Ron Johnson and Paul Ryan to wave this around come the debt reduction talks in order to avoid taking one dime from the defense budget, instead of making their Wall Street patrons pay their fair share.  And he will be proven 100% correct.

    • jasonpaulhayes

      I don’t always agree with you but you nailed it with that summary. Well said Brother!

  • http://twitter.com/jasonpaulhayes jasonpaulhayes

    I don’t always agree with you but you nailed it with that summary. Well said Brother!

  • DeepCough

    To give people a historical perspective, the Ottoman Empire was called a “sick man” before it finally fell.

  • DeepCough

    To give people a historical perspective, the Ottoman Empire was called a “sick man” before it finally fell.

    • MrSta

      “Sick man of Europe” as they said. Having said that, they used to say that about the UK in the final years of the post-war consensus in the 1970s. Then after the Thatcher reforms it was then the UK lecturing and hectoring france and Germany. Then there was 2008 and now things have almost come full circle.

      Point being- just because a nation is called a sick man doesn’t preclude recovery, so your historical perspective doesn’t count for much since there was so much more to the end of the Ottoman Empire than somebody pointing at it and saying “Sick man of Europe” and then *crash, bang, wallop*. America would be more aptly called the “morbidly obese man”.

      • Guest

        But that’s what’s so scary about it, isn’t it? It’s clear to everyone that America is a “sick man” but to America itself (as an institution, not necessarily the people) it’s just a “bit overweight”.

        So, basically, we could be hit with a heart attack of any magnitude of any time, and there’s really no way of predicting it. When it happens, the rest of the world will move on as planned thinking “Duh, we saw that coming” meanwhile, America is dumbstruck and didn’t expect this all along? It’s denial. 

        One thing is for sure, America is going to fall apart. Putin is right about that at least, America is going to fall apart, and it’ll take everyone it can down with it. Russia has every right to (and probably should) protect itself.

        • rtb61

          The catch is the US ain’t just sick, it’s a cripple running around on crutches, those crutches being the US dollar as a global reserve and exchange currency. Right now the push is on to kick out those crutches and the minute that happens, the US economy will fall to the ground.
          As a result of the recent Republican gains that is inevitable, how quickly it happens is the real question. Russia has kicked off the first major question. The attack starts when countries start dumping US currency and debt into the global finance market, a game of musical chairs, the only question is which countries are going to be the ones stuck with a whole bunch of worthless US debt.

  • reubenavery

    putin is a big meany stupidhead!  :'(  why doesn’t he like us?

  • Anonymous

    putin is a big meany stupidhead!  :'(  why doesn’t he like us?

  • Redacted

    Former KGB head criticizes the US? Who would have thunk.

  • Anonymous

    Former KGB head criticizes the US? Who would have thunk.

  • Anonymous

    Former KGB head criticizes the US? Who would have thunk.

  • MoralDrift

    Expect to see more rhetoric like this from BRIC and aligned countries in the future. Maybe not as caustic as Putin is willing to go, China has a penchant for being delicate, opaque, and sometimes pointed all at once in their public statements.

    Nevertheless, it is obvious now that the US is in severe financial straits and it will become only more apparent in the coming months and years as this bogus screw-job of the American people unfolds.

  • Anonymous

    Expect to see more rhetoric like this from BRIC and aligned countries in the future. Maybe not as caustic as Putin is willing to go, China has a penchant for being delicate, opaque, and sometimes pointed all at once in their public statements.

    Nevertheless, it is obvious now that the US is in severe financial straits and it will become only more apparent in the coming months and years as this bogus screw-job of the American people unfolds.

  • Anonymous

    Expect to see more rhetoric like this from BRIC and aligned countries in the future. Maybe not as caustic as Putin is willing to go, China has a penchant for being delicate, opaque, and sometimes pointed all at once in their public statements.

    Nevertheless, it is obvious now that the US is in severe financial straits and it will become only more apparent in the coming months and years as this bogus screw-job of the American people unfolds.

  • Anonymous

    Expect to see more rhetoric like this from BRIC and aligned countries in the future. Maybe not as caustic as Putin is willing to go, China has a penchant for being delicate, opaque, and sometimes pointed all at once in their public statements.

    Nevertheless, it is obvious now that the US is in severe financial straits and it will become only more apparent in the coming months and years as this bogus screw-job of the American people unfolds.

  • Anonymous

    Expect to see more rhetoric like this from BRIC and aligned countries in the future. Maybe not as caustic as Putin is willing to go, China has a penchant for being delicate, opaque, and sometimes pointed all at once in their public statements.

    Nevertheless, it is obvious now that the US is in severe financial straits and it will become only more apparent in the coming months and years as this bogus screw-job of the American people unfolds.

  • Anonymous

    “Sick man of Europe” as they said. Having said that, they used to say that about the UK in the final years of the post-war consensus in the 1970s. Then after the Thatcher reforms it was then the UK lecturing and hectoring france and Germany. Then there was 2008 and now things have almost come full circle.

    Point being- just because a nation is called a sick man doesn’t preclude recovery, so your historical perspective doesn’t count for much since there was so much more to the end of the Ottoman Empire than somebody pointing at it and saying “Sick man of Europe” and then *crash, bang, wallop*. America would be more aptly called the “morbidly obese man”.

  • Guest

    But that’s what’s so scary about it, isn’t it? It’s clear to everyone that America is a “sick man” but to America itself (as an institution, not necessarily the people) it’s just a “bit overweight”.

    So, basically, we could be hit with a heart attack of any magnitude of any time, and there’s really no way of predicting it. When it happens, the rest of the world will move on as planned thinking “Duh, we saw that coming” meanwhile, America is dumbstruck and didn’t expect this all along? It’s denial. 

    One thing is for sure, America is going to fall apart. Putin is right about that at least, America is going to fall apart, and it’ll take everyone it can down with it. Russia has every right to (and probably should) protect itself.

  • Rselen

    I’m not a big fan of the U.S., but I’d love to increase the amount of oxygen entering Putin’s lungs, by putting several large holes in his head.

  • Rselen

    I’m not a big fan of the U.S., but I’d love to increase the amount of oxygen entering Putin’s lungs, by putting several large holes in his head.

  • Anonymous

    The catch is the US ain’t just sick, it’s a cripple running around on crutches, those crutches being the US dollar as a global reserve and exchange currency. Right now the push is on to kick out those crutches and the minute that happens, the US economy will fall to the ground.
    As a result of the recent Republican gains that is inevitable, how quickly it happens is the real question. Russia has kicked off the first major question. The attack starts when countries start dumping US currency and debt into the global finance market, a game of musical chairs, the only question is which countries are going to be the ones stuck with a whole bunch of worthless US debt.

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