by Justin Raimondo
June 11, 2007
At times it seems as though we’ve gone back in a time machine to the darkest, sub-zero days of the Cold War era, when Americans were frantically digging bomb shelters in their back yards, Godless Communism was on the march, and the jackboots of the KGB were just inches away from our waiting necks. Tony Blair, lecturing the Russian leader at the G-8 meeting, opined that the Western world, on behalf of which he presumed to speak, is “becoming worried, fearful about what was happening in Russia today, the external policy.” These remarks echoed Dick Cheney’s sally last year against Russia’s alleged attempt to use oil and gas as “tools of intimidation or blackmail, either by supply manipulation or attempts to monopolize transportation.” That was said in response to Russia’s threat to raise the price of energy previously sold at subsidized Soviet-era rates to Ukraine – a capitalistic act that was a bit too radical for the supposedly pro-free-market Cheney.
The Brits’ beef with Putin also has to do with oil and gas. The Russian seizure of British oil assets in Siberia is being cited by free-market types as evidence that Putin is moving toward “corporatism,” but is this any more “corporatist” than legislation currently on the books in the U.S. that forbids foreign ownership of key industries such as airlines and telecommunications? The hypocrisy is breathtaking.
Who can forget the Dubai port-management brouhaha, when Democratic and Republican lawmakers alike demagogued the issue to score political points by conjuring the alleged threat posed by a Middle Eastern-based company having anything to do with maintaining our – rapidly decaying – “vital” infrastructure? The Dubai episode inaugurated a crackdown by U.S. regulators and inspired a host of economically disastrous yet politically popular measures in Congress that confirm “corporatism” is on the march in Washington at least as much as it is in Moscow.
Remember when Chinese investors sought to buy out the oil company Unocal? The uproar was deafening, and the deal was scotched. So it turns out that British Petroleum is no more badly treated in Russia than Chinese-owned CNOOC Ltd. is in the U.S. – which, come to think of it, is perhaps why the Brits are so irked.
According to the mainstream news media’s pampered pet pundits, Russian President Vladimir Putin is the reincarnation of Josef Stalin, and Russia under his rule is rapidly “backsliding” into “authoritarianism.” According to Andrei Illarionov, a former economic adviser to Putin and now a senior fellow at the Cato Institute, the resurgent Russian military is about to take out its neighbors and seal a reestablished Warsaw Pact in the blood of Georgian, Ukrainian, and possibly even Polish innocents. The British, in particular, have been hyping this “new Cold War” narrative for all it’s worth – which, when it comes right down to it, isn’t very much. Finish reading at LINK