July 28, 2008 — Contents


(1) EDITORIAL: The Clueless, Craven Boston Globe

(2) The Russian Economy, Teetering at the Abyss

(3) The Russian Stock Market in Freefall

(4) Russia’s Crony Statism Chokes the Economy

(5) Annals of Kremlin Corruption, Bleeding the Economy Dry

NOTE: Today we offer a devastating series of reports (2-5) showing how Russia’s dramatic turn to a bear market in securities mirrors a wide array of serious ecnomic perils in the economy itself, from Soviet-style anemia of production to outright corruption. This provides still more support, including editorials from the Wall Street Journal and the Times of London, for the pair of editorials we ran last week (LR is always ahead of the curve!) on this subject. Can a nation enjoy market economic success while being governed by a proud KGB spy? Of course not. Only a Russian could imagine otherwise.

NOTE: Kim Zigfeld’s latest installment on Pajamas Media details the latest facts indicating that the Kremlin is engaged in politically-motivated murder campaigns to advance its interests, and pointing out that these murdering thugs are licking their chops in anticipation of an Obama presidency.

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