Putin’s Russia is a Basket Case
On Monday, nearly two dozen Russians were killed in the terrorist bombing of a police station in Nazran, Ingushetia, and more than a hundred were injured. These weren’t the only photos of smoking ruins filled with twisted human carnage that blazed across the international newswires out of Russia. The same day, on the other side of the country in the Siberian enclave of Khakassia, as many as five or six dozen more Russians had perished in a massive explosion at a dam which wiped out industrial electric power across the region for years to come, resulting in massive expected drops in industrial production.
Back in Moscow, as we report below, employees of state-owned Sberbank were plundering their national institution of nearly 200 million dollars. The most shocking thing about the report is that it could be a lie, an effort by the Kremlin to camouflage the even more humiliating mismanagment of Sberbank’s legal business.
These events show the Russia of proud KGB dictator Vladimir Putin in perfect microcosm: It is failed state on the brink of collapse, just as were the corrupt Tsarist regime and the even more corrupt Soviet dictatorship before it. To the the left is a massive upheaval brought on by separatist violence, separtism which the Kremlin itself foolishly justified by its annexation of Ossetia and Abkhazia. To the right is an even more devastating upheaval, brought on by a horrific economic contraction and looming banking crisis, all caused by the woefully incompetent management of the Putin regime.
Now, at last, the full consequences of being governed by the KGB are clear. Now, at last, the full brunt of blame falls on those who caused this catastrophe — the shockingly irresposible citizens of Russia who authorized Putin to take power.