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Guest Post: Could This Make Ben Bernanke A Soviet Dictator?

Tyler Durden's picture


Submitted by Simon Black of Sovereign Man

Could This Make Ben Bernanke A Soviet Dictator?

Could this make Ben Bernanke a Soviet dictator?
More than two decades after the fall of the Soviet Union, the Iron Curtain is still alive and well in an often forgotten corner of Eastern Europe… albeit a kindler, gentler version.

Belarus has been ruled by the same person, Alexandr Lukashenko, practically since its independence in the early 1990s.

He has total control of every facet of the country, from media and information flow, to education, to the military and ‘State Security
Agency’ (which is still called the KGB), to the centrally planned economy.

Perhaps nowhere is this more obvious than with respect to the nation’s currency, the Belarusian ruble.

In 2009, one US dollar bought roughly 2,200 Belarusian rubles. In 2010, that number rose to 2,800. A year later, over 3,000. And today, one US dollar is worth over 8,000 rubles. On the black market, it’s much, much higher.

(You can just imagine how much the ruble has lost against gold and silver over the same period.)

My friends here tell me that, last summer after another bout of devaluation, it became nearly impossible to purchase euros and dollars. The currency was falling too rapidly, and no trader was willing to take the risk. Even the central bank stopped exchanging its reserves.

Consequently, small businesses in Belarus couldn’t get their hands on the hard currency they needed to pay foreigners for imported goods. Store shelves, including groceries, emptied quickly.

And people took whatever savings they had and traded it for anything they could find– sugar, toilet paper, ironing boards… you name it. As I’ve been told, hand tools were especially popular as a store of value in some parts of the country.

4 It could be Vienna 300x199 Could this make Ben Bernanke a Soviet dictator?This is the key difference between ‘inflation’ and ‘hyperinflation’. Inflation involves a lot of painful price increases that reduce the
standard of living for most people in society.

Hyperinflation, on the other hand, is a complete loss of confidence in a currency.

Anyone here who has held on to the local currency has gotten completely screwed. The few people at the top making the decisions have held on to power and become very wealthy at the expense of everyone else.

Let’s face it, though, the situation isn’t too different in the west– a tiny elite making decisions that affect hundreds of millions of others.

The only distinction is that western governments wrap up their economic authoritarianism in a blanket of democracy to make it seem like it’s OK. Yet in controlling the price of money, they control virtually everything else in the economy… at the expense of everyone else.

It’s a different variety of central planning, but it creates the same sorts of egregious misallocations of resources: people borrow when they should be saving, they consume when they should be working harder, they load up on multiple homes when they should be renting, businesses expand when they should be conserving…

These are the consequences when a tiny elite is given the power to print silly pieces of paper and pass it off as money.  We’ve all seen this movie before, and we know how it ends.

Zimbabwe is the example most frequently cited, though Belarus’s authoritarian, state-controlled economy easily ranks among the most spectacular destructions of wealth in modern times.

For what it’s worth, the Minsk city-center is quite nice and exceptionally clean. If not for the authoritarianism and constant presence of uniformed goons on the street, it would be a really great place to hang out. The people, particularly the youth, are engaging and friendly.

I have serious expectations that this country will one day dump this totalitarian nonsense and emerge as a resource-rich power in Europe, in no small part due to the energy of its youth.


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Fri, 06/22/2012 - 19:28 | 2552787 l1b3rty
l1b3rty's picture

The eastern bloc of europe has remained under soviet rule even after the lifting of the curtain as the synthesis between western democracy and soviet central planning has been undertaken by TPTB. The two sytems clashed, creating a new one, a new way of a system

I am not sure if Bernanke would be the soviet dictator at this point, as its quite clear the soviet mission of gradual communist expansion into the entire world has been used by transnational corporations and demise of the state globalists. This leaves the true Josef Stalin as someone else, behind the curtain. Bernanke is just lapdog.

Fri, 06/22/2012 - 19:57 | 2552836 vast-dom
vast-dom's picture

"Max Keiser: Banks Are Dead!"


Hey Ty post this on ZH with partial transcript.

Fri, 06/22/2012 - 20:05 | 2552849 I think I need ...
I think I need to buy a gun's picture

i haven't watched this yet but of course the banks are dead, we will have oligarchs what do they care if the banks are zombies,there gone the heist is almost complete

Fri, 06/22/2012 - 20:13 | 2552860 I think I need ...
I think I need to buy a gun's picture

by the way guys ben bernanke should be trusted 100%, he even said during his last testimony that the united states has a perfect record for paying its bills

Fri, 06/22/2012 - 22:50 | 2553046 joe6px
joe6px's picture

To what extent are the street dictators, or mafia, involved in this?  Any time anyone mentions Russian anything I start to think mafia......Mafia is the reason the USSR didn't implode completely.  Mafia is the most basic form of government.  The strongest dictate policy by intimidation and ruthless action.  Who rules the streets when the government paycheck stops flowing....Certainly not the white knights in uniform....they will just be disposed of (if they were honest) or assimilated.  We would like to think that there is a hierarchy in society, that there is order.  In truth there is, but we are not a part of it.  In a social breakdown the most capable are those already fighting the system, and they are as ruthless as Stalin and will kill you faster than Hitler.

Sat, 06/23/2012 - 00:51 | 2553179 Precious
Precious's picture

Bernanke is perfectly happy with his present position, dictator of the ignorati.

Sat, 06/23/2012 - 01:27 | 2553195 joe6px
joe6px's picture

When his contractors can't be paid and run astray, do you think Ole' Ben would be able to fend for himself?  To the contrary, to those that are paying attention, he will not be forgotten.


That wasn't my point.  There are lords of the streets, bloods, crips, etc.  that rule the everyday level of survival in any city.  Your suit will not save you.  They do not care about status as far as we are concerned.  Map the available information about street gangs around your house, whithin 200 miles.  Then guess who they will visit if things go wrong.  If you think I'm being too reactive then look at Argentina.  Things get tough, and then the thoughs get things.  Wake up friends.  I don't care if you have a ton of Au or Ag,  shitheads will try to find you.  Plan accordingly......(if a city police department can barely maintain a status-quo what makes you think you can defend yourself?)


Sat, 06/23/2012 - 02:07 | 2553218 economics9698
economics9698's picture

"Dont be such a pessimist it's cos all we need to do is to remove Jews from Politics,News Media and Banking System and if that's not gonna work then let's send all of them? to Madagascar....the jewish Reptilians are Evil

I am sure Tyler likes seeing these comments.  Taking notes and names... 

Sat, 06/23/2012 - 06:28 | 2553317 joe6px
joe6px's picture

I know it is troll bait, but my thought process has nothing to do with race, color, or creed.  I only want those people that are not involved with street gangs to map the area of influence of said street gangs and then plan accordingly.  As I have said before, I will not go willingly to a fema camp.  I will send my name and address to whoever thinks they need it.  Those that are monitoring it will already have it, and if you want it.....MOLON LABE.  Bitch.  So, eco9698, are you coming for me?


Sat, 06/23/2012 - 07:38 | 2553353 MuppetMaster
MuppetMaster's picture


I have found Alpha.  & I give it to you for free.

Come see what I'm doing.  See what I'm seeing.

Sat, 06/23/2012 - 06:33 | 2553320 joe6px
joe6px's picture

You are a paid agent.  there is no connection between the sound arguments I have made and your propaganda.  piss off.

take your intimidation elswhere troll.

Fri, 06/22/2012 - 22:59 | 2553055 joe6px
joe6px's picture

As an afterthought I think Somalia is a perfect example.  In a complete power vacuum we see all types of shitheads vying for the Head Dipshit In Charge title.  Djibouti is the end result.  Wastelands of inhuman waste.  Put on your tie, straighten your jacket, and look long and hard into the mirror.

Fri, 06/22/2012 - 23:33 | 2553085 joe6px
joe6px's picture

And just for good measure:

The reason the USSR had such a thriving mafia is because the centrally planned economy could not respond fast enough to real world circumstances.  Central planning DOES NOT WORK.  It has been proven historically.  China is the biggest hypocrisy on the planet.  They try to claim they are communists but every action tells the world they are totalitarian with a crony capitalist scheme.  Socialism lasts only as long as there are working people willing to pay for the sick, lame, and lazy.  Like it or not, as harsh as it is, life is still the plains of Africa.  Make your own way or be eaten.  You can be eaten by someone bigger than you or your own decision to graze in the rocks.  I'm not living by anyone's efforts other than my own.  I'm part of a ship (business) and I do my part because the health of the ship is the very same as the health of my family.


BTW, I made less than 50K last year.  If you think Euro socialism is so great and list Norway as a reason we all should be socialists....look to the north sea and how much that country taxes the oil.  Suck it.

Fri, 06/22/2012 - 20:18 | 2552865 Silver Bug
Silver Bug's picture

He can already lie better than most dictators.

Fri, 06/22/2012 - 20:55 | 2552904 SWRichmond
SWRichmond's picture

Ben Bernanke is the enabler; he is the bubble-blowing central banker, exactly like Hjalmar Schacht.  As such, he is directly and personally responsible for everything he makes possible.  Remember, Schacht was tried at Nuremburg.

They are laying their cards on the table, face up.  Either you look at them or you don't.

Fri, 06/22/2012 - 21:11 | 2552930 Conrad Murray
Conrad Murray's picture

What do you do when you're looking at five aces? You pull out the BenchMade and hawk the thief across from you down.

The time for idle chatter has passed.

Fri, 06/22/2012 - 23:52 | 2553113 joe6px
joe6px's picture

There are those more deserving than others.  The bankers, once disposed of, will send an indisputable message to those who are supposed to represent us that there will be no more quivering in the shadows.  There will be no more kicking the can.  That they will lead by example or be shown the most horrible door.  They believe there are no consequences for their actions....we need to prove it differently.  Fire them first...

Sat, 06/23/2012 - 07:14 | 2553337 Belarusian Bull
Belarusian Bull's picture

He is pro at lying. Bernanke and Obama are little kids compared to this man. A few days ago, when visiting a museum dedicated to himself, every word he said was a lie.

You have to train really hard to reach this level.

Fri, 06/22/2012 - 21:30 | 2552951 disabledvet
disabledvet's picture

is it really this simple? I mean this guy doesn't understand what happens when your banking system is obliterated...let alone your bank? i say no. "if it means financing 250 billion in social media in La Paz--it means doing your job" and provided he's "sent the memo the Mayor" then all is good. (oh, and...truly...Upstate New York is thankful for your Chobani Mr. Dimon. And we look forward to your Nirvana!)

Fri, 06/22/2012 - 19:58 | 2552838 hawks5999
hawks5999's picture

2200 to 2800 in a year? In 2004 the USD went from 1,000 rubles to 10,000 rubles in six months.

They couldn't print fast enough and just told people to mentally add a zero to the end of every bill.

It was during this time Lukashenko - a vocal hard line soviet communist - was elected.

Coming soon to America...

Sat, 06/23/2012 - 06:47 | 2553324 Belarusian Bull
Belarusian Bull's picture

A small correction : not in 2004 but in 1994.

Fri, 06/22/2012 - 19:31 | 2552799 resurger
resurger's picture

Send my regards to Carmen Kass

Fri, 06/22/2012 - 19:43 | 2552818 nmewn
nmewn's picture

"I have serious expectations that this country will one day dump this totalitarian nonsense and emerge as a resource-rich power in Europe, in no small part due to the energy of its youth."

I hope your right Simon...but it'll probably take the blood of patriots & tyrants.

Sat, 06/23/2012 - 09:38 | 2553442 Zaydac
Zaydac's picture

"I have serious expectations that this country will one day dump this totalitarian nonsense and emerge as a resource-rich power in Europe, in no small part due to the energy of its youth."

Yeah. Just like North Korea.

Fri, 06/22/2012 - 19:48 | 2552829 TrainWreck1
TrainWreck1's picture

Ben could look like Lenin if he trimmed the beard and got a little Grecian Formula...

Fri, 06/22/2012 - 19:53 | 2552834 Jim in MN
Jim in MN's picture

In Soviet Bernankestan, fiat dictates you.

Fri, 06/22/2012 - 20:05 | 2552850 buzzsaw99
buzzsaw99's picture

Anyone here who has held on to the local currency has gotten completely screwed. The few people at the top making the decisions have held on to power and become very wealthy at the expense of everyone else...


That sounds vaguely familiar.

Fri, 06/22/2012 - 20:07 | 2552853 JR
JR's picture

Because of fiat currency, the similarities between Belarus and the U.S. are striking. The one difference, of course, is that Belarus broke from the Soviet umbrella with a meager economy that is now being destroyed, whereas the United States, founded on freedom and free markets, had developed the most successful economy in the world. And, so, it has taken longer for the cartel of private bankers who own the New York Federal Reserve to destroy America’s wealth and bring her freedom and political system to the wall.

Given a little more time, the cartel’s chauffeur, Ben Bernanke, will finish the destruction.

Because the bankers own Congress, Bernanke will not be a Russian-style dictator; he will be the dictator of America.

And, BTW, the destruction of American small business, pensioners, savers, homeowners, small investors, young couples facing austerity and high risk futures, vast numbers of unemployed, record food stamp and other welfare recipients who have no future other than government, makes it obvious that this servitude was not done because of a failed fractional reserve system. It can now be said that it is deliberate, it is planned and it is being carried out under orders from the would-be masters of this once vibrant country.

Simon Black is to be highly commended for this groundbreaking message.

Sat, 06/23/2012 - 02:33 | 2553229 AnAnonymous
AnAnonymous's picture

whereas the United States, founded on freedom and free markets,

Not only the US started as a slaver nation, but they prohibited quite soon the importation of slaves as they did not have the navy to secure the supply lines.

Freedom, free markets...

More likely, a large well conserved continent just at the doors.
Something Belarus did not have... Where are the Indians to sponsor my rise? That is the common question any US wannabee should ask herself.

Sat, 06/23/2012 - 06:54 | 2553329 joe6px
joe6px's picture

Your argument is without reason and is indicative of race baiting and poor thought process.  The native American is the real loser in the history of the USA, that much is true, but trying to tie European expansionism to early colonialism is a stretch even a child would dismiss.  Try again.  Oh wait, the same men who discounted slaves would also discount indigenous people.  Correct.  As any people who conquered any land by the sword, those that lived wrote history.   Was it just or right?  Most likely no, but did those same indigenous people take and keep slaves? YES.  Right or wrong your argument is misplaced.

Sat, 06/23/2012 - 07:41 | 2553358 Poor Grogman
Poor Grogman's picture

More likely, a small  continent with no rescources just at the doors.

Unfortunatly the wrong door  for Tibetan Citizenism

Sat, 06/23/2012 - 06:13 | 2553308 michigan independant
michigan independant's picture

September 15, 1991 I was made aware in writing. Not a new issue. I made a comment in 1986 that paved what we already know. There are no acidents in foreign policy. Simon is another much later.

Fri, 06/22/2012 - 20:08 | 2552854 Marginal Call
Marginal Call's picture

I'm trying to figure out how Ben factors into this story, or why you bothered writing it.


"In 2009, one US dollar bought roughly 2,200 Belarusian rubles. In 2010, that number rose to 2,800. A year later, over 3,000. And today, one US dollar is worth over 8,000 rubles. On the black market, it’s much, much higher."


This little gem here really drives home how bad the dollar is.  That is your point, right?  Ben is fucking up the dollar and I'm going to prove it to you, just look at these #;s.  No, um, shit!  Fucking rubles. 

Maybe you could turn these posts into a show, like Bourdain's no reservations.  Simons European Unicorn Rides and Adventures.  And then Soveirgn Man can go around the world and show us how fucked up all the other places are.  Wait, you want us to move there?  Shit again!  

I'll let you in on a secret Simon, every major currency is trying to out print the other and in a monetiztion race.  Yet we're staring deflation square in the eye.  

Fri, 06/22/2012 - 20:20 | 2552868 surf0766
surf0766's picture

The comunist countries have all the money. Or so we were told today

Fri, 06/22/2012 - 20:28 | 2552875 AUD
AUD's picture

What often fails to be mentioned is that places like Belarus, Zimbabwe are placed under crushing ecomonic sanctions. Any interbank payments requiring foreign exchange are stopped.

While not a prerequisite for hyperinflation, it doesn't help.

Fri, 06/22/2012 - 20:37 | 2552887 q99x2
q99x2's picture

Russia has been difficult to take over probably because all the natural resources provide enough sustainance even without money. Difficult for the NWO to get someone in office like Davis, Soetoro, Obama or whoever the hell the President of the US is.

Fri, 06/22/2012 - 20:56 | 2552912 francis_sawyer
francis_sawyer's picture

 [sustenence without money]... What a concept... Bankers ought to try it sometime...

Fri, 06/22/2012 - 21:03 | 2552917 My Days Are Get...
My Days Are Getting Fewer's picture

Those nice young people in Minsk.


Where is Strelnikov?



Sat, 06/23/2012 - 07:03 | 2553333 Belarusian Bull
Belarusian Bull's picture

Many of young people want to leave the country.

Fri, 06/22/2012 - 21:07 | 2552922 Conrad Murray
Conrad Murray's picture

Bernanke can dictate a set of nuts onto his chin, that's about it. That little Hymietown Henchman weasel should swing in the wind with the rest of the communist pigdogs of the DC/NY Axis of Evil.

Fri, 06/22/2012 - 21:13 | 2552933 Hedgetard55
Hedgetard55's picture

ZIRP has effectively killed the price transmission mechanism that is interest rates, thus total mispricing of all assets. It is akin to cutting the nerves in your hand, the hand becomes ineffective, and you can put it in a flame and never realize it.

Fri, 06/22/2012 - 21:21 | 2552940 meritocracy
meritocracy's picture

Lukashenko says:

“Belarusian people will live bad but not long”

"Better a dictator than gay"

Fri, 06/22/2012 - 21:37 | 2552960 disabledvet
disabledvet's picture

how original! does he have the King Biscuit Flower Hour though? no? Wow...

Fri, 06/22/2012 - 22:18 | 2552997 nmewn
nmewn's picture

+ a million for the King Biscuit Flower Hour mention ;-)

Fri, 06/22/2012 - 21:21 | 2552941 world_debt_slave
world_debt_slave's picture

well, you would have to look at this in the view of a Darwinist, the strongest survive, the rest are fucked.

Fri, 06/22/2012 - 22:18 | 2552994 Pure Evil
Pure Evil's picture

No, they just move to the US, collect their welfare benefits, and vote for Obama, Pelosi, and Maxine Walters just to name a few.

Fri, 06/22/2012 - 22:28 | 2553013 world_debt_slave
world_debt_slave's picture

yeah, but the 1% will remain on top when the bennies run out.

Fri, 06/22/2012 - 22:32 | 2553022 nmewn
nmewn's picture

Not to worry..."Mr.Doin Fine" will just order up another round of QE for running guns down south...errr ahhh...a pandering tequila summit...ahhh, well, you know what I mean.

Its very complicated cerebral stuff that only the One is capable of ;-)

Fri, 06/22/2012 - 21:52 | 2552967 nah
nah's picture

in belarus noone has money

Sat, 06/23/2012 - 06:51 | 2553326 Belarusian Bull
Belarusian Bull's picture

You are wrong, 1 person ( and his cronies) has all the money. Not hard to guess who he is...

Fri, 06/22/2012 - 22:09 | 2552983 slewie the pi-rat
slewie the pi-rat's picture

parts of belarus have it tough

ground zero for chernobyl; [about and inch N of kiev on this map}:

Image Detail for - territories of belarus russian and ukraine

Sat, 06/23/2012 - 00:35 | 2553163 joe6px
joe6px's picture

Geography does not discriminate between freedom or repression.  Interpretation may, but not the land.  Impression, reaction.....Just like anything else, we make it that way because we can.

Fri, 06/22/2012 - 22:37 | 2553027 Overfed
Overfed's picture

"I have serious expectations that this country will one day dump this totalitarian nonsense and emerge as a resource-rich power in Europe, in no small part due to the energy of its youth."


Look no farther than the Czech Republic, probably one of the most free countries in Europe.


Oh, BTW, silver!!

Sat, 06/23/2012 - 07:09 | 2553335 Belarusian Bull
Belarusian Bull's picture

With you here. If the regime is dismantled, Czech Republic should be the example to be followed by my country.

Sat, 06/23/2012 - 10:23 | 2553522 Karl von Bahnhof
Karl von Bahnhof's picture

Drop your pink glasses friends. Globalist attack is raging here recently as well...

Fri, 06/22/2012 - 23:55 | 2553110 boiltherich
boiltherich's picture

Minsk is about half the size of Chicago, it used to be Russia's second city before they built St. Petersburg. The people almost universally oppose their dictator. This is a lesson in central planning far beyond just the remnants of the old Soviet Union. The country is about the size of Poland and was the former heart of the White Russia. Lukashenko is a dictator that used to run a collective farm in the Soviet era, when the old USSR collapsed he was in a position to get control of Belarus (translation = White Russia). Since then he is dictator for life and his rule is iron fisted. If/when he goes it will be found that he has practiced ethnic and social cleansing. He hates Roma people but he really hates most gay men.

Most people here are straight but most also are not threatened by gay people in general, there it is a different matter. Anyone can be accused and anyone can disappear. Belarus is about the last nation on the planet I would like to go to or live in. To discuss the nation in economic terms is a waste of time, they have no economy outside the dictators terms, no gas, no oil, no gold or metals to speak of, no infrastructure beyond what the Soviets left, even the new dictator of Russia Putin does not like this man.

The UN hates him, the EU wants him dead, Russia is embarrassed by him, he has no power outside the country, nobody, NOBODY will allow him in .... not even Bolivia. He has never attended any meeting of nations, never signed a treaty, he just one day got this country and treats it like his private property and has a police network and spy network that he uses to stay in power. If we were really serious about taking out the worst offenders of human rights on this planet we would have Syria as about number 12 on the list. Belarus would be in the top one. But nobody will do anything about it. The EU can't do anything because it is too close to the heart of Russia. Russia will not do anything because it really is a breakaway state they see as theirs to manipulate. All the gas pipes they use to sell fuel to the EU pass through Belarus or Ukraine. They have a deal with this cunting bastard that keeps him in power. Who is going to go to war with Russia to get rid of the dictator Lukashenko?

Bad people win almost all the battles, good people lose most battles but will win the war.

Sat, 06/23/2012 - 00:40 | 2553169 JR
JR's picture

There is power in the knowledge contained in this insightful and thought-provoking summary, boiltherich. May it have a far-reaching consequence.

Sat, 06/23/2012 - 01:01 | 2553188 joe6px
joe6px's picture

My Friend,

It is not that one man has a strangle hold on a group of people.  It is that the group-think of those people has allowed this man to intimidate them into compliance.  When the mothers of his police tell their children to come home, when those who will raise arms against their own do not comply..Only when those who want to subjugate their brothers and brutalize them,  then will the people be beaten by one person.  One person is only in charge when the rest of us allow them to be.  One person can change all of this, if they play it right, see Aung San Suu Kyi.  We all die, it is what we die for that makes us who we are.  Read Epictetus for all you need to know.

Sat, 06/23/2012 - 01:59 | 2553212 boiltherich
boiltherich's picture

Unfortunate that that will not happen, the mothers of his secret police are the children of the Soviet era.  There is some underground activity, internet hot spots and such, rumor abounds, but if you want to stay alive in that nation you keep your head down and stay quiet.  Everyone is in government housing, so everyone tries not to lose the roof over their heads by speaking out.  All they have comes from the government and the government is Lukashenko.  Every one of the police, every teacher and every truck driver and maid, they all wish it was different but none can do anything alone or even in small groups.  And the west just pretends it all is not there.  Lukashenko makes Ceau?escu look like Mary fucking Poppins.  Gay people got together a few years ago to have a pride parade in Minsk, he personally shut it down and had many beat up and put in jail never to be heard from since, those that did get out will never have a real job or decent life, they are blacklisted and cut off.  It is a horror of a nation. 

Go to CraigsList and look up Minsk, go to the web and try to find anyone in Belarus to talk to.  You get nothing.  Millions of real pure Russians and Poles in the heart of east Europe cut off.  You cannot ask them if they like their dictator because they can't talk to you and you can't talk to them.  It is as if North Korea settled in the breadbasket of old Russia. 

As to Epictetus, I m not a fatalist.  In fact you will not find a single fatalist at ZH.  They all have someone to blame for what is going on, usually the current commander in chief or Bernanke, as well as a way to change the future. 

I do believe that I am changing the world as I write.  I do not know how it will come out but anything is better than a predestined fate that we cannot affect.  What would be the point of living if fate already determined all outcomes and both the past and future were set in stone rather than life making it's own reality?  If fate is already determined then there is no morality, I could kill you and it would be without meaning because it was fate, not me making the decision. 

Sat, 06/23/2012 - 07:08 | 2553334 joe6px
joe6px's picture

It is not fate my friend.  It is living to our best.  Fate is a myth, and thinking that fate is all there is- is a fault.  The teaching of E is that we live to our best.  If our best is 300 seconds or 300 years what does it matter?  Every day we get up and put on our armor and stand.  We bring those that will listen, and truly hear us, and we stand.  300 Spartans stood and fell at Thermopylae, and are remembered to this day.  Everyone who writes something worth saying on this site will be a part of history.  Go loudly together, or go silently one by one.  Franklin's 'Join or Die' flag speaks as much truth now as it ever has.  Do not be so afraid to die for something than to live for nothing.

Sat, 06/23/2012 - 09:47 | 2553453 rwe2late
rwe2late's picture

Boiltherich, no treaties????

That doesn't quite convey the exact impression of how "helpful" US government assistance has been.

According to the US State Dept.:

“In addition to arms reduction-related activities, the United States and Belarus have established military-to-military ties, which include educational and training opportunities for Belarusian military personnel and exchange visits by military delegations. Belarus, along with 23 other nations in Europe, has joined the Partnership for Peace program of the North Atlantic Treaty organization.

Support to Law Enforcement and Legislative Reform

Assistance in this field proceeds from the mutual understanding of the fundamental importance of maintaining law and creating a strong legal infrastructure in Belarus.”

Belarus is also a stopover for support of military activities in Afghanistan.

Don’t forget, with strong encouragement from the US government, the Belarus economy operates under IMF supervision and austerity mandates.

According to the IMF, helped by:

“…two tranches of a EurAsEC Anti-Crisis Fund loan and a loan from Sberbank.

The [Belarus] financial system has weathered the 2011 crisis and banks’ capital has been replenished with general budget resources.”  

Sat, 06/23/2012 - 10:11 | 2553501 rwe2late
rwe2late's picture

 Before some Obama devotee praises Obama's recent extension of narrow sanctions against Belarus for suppressing political opposition,

let me say there is more to it than Obama's alleged fondness for "democracy".

Again, oil is involved.

Belarus is a pipeline hub to Western Europe from Russia.

Had the 'dictator' been more anti-Russian, there would be much less of a "problem" as EU/US/NATO interests would be better served. The nations of Georgia and Kosovo should come to mind.

Sat, 06/23/2012 - 02:37 | 2553230 AnAnonymous
AnAnonymous's picture

US citizen author has his fun writing his pieces.

He managed to use both the Euro and the USD to measure rubles.

He reported that locals are looking for Euros and USDs.

Not gold.

Did not make any US citizen posting here blink.

Such a wonderful world, the US citizen world.

Sat, 06/23/2012 - 06:15 | 2553309 michigan independant
michigan independant's picture

I thought you had nuns to target practise on citizen moa in tibet.

Sat, 06/23/2012 - 07:35 | 2553349 Poor Grogman
Poor Grogman's picture

Tibetan citizen burns himself to death under chinese rule

Such a wonderful world, the Tibetan citizen world.


Sat, 06/23/2012 - 14:52 | 2554208 denny69
denny69's picture

Dig a little deeper and go back further. You'll find the Americans and British messing with the nation's finances.

Sat, 06/23/2012 - 16:21 | 2554430 Yoo_cool
Yoo_cool's picture

Sorry, but this article looks like from "ministry of Truce". Comparing to the eurocalupcing european union Belorussia is in much better condition economicaly (very small debt and a lot of productive units like USA used to be ones) and socialy (free education and better than europe medicine, very low unemployment). Guess what happend to the export economy after devaluation of its currency?))) Well, export jumped higher, so it is always other side of the coin))

That is my experience ofcause, but my wallet keep me objective price/quality here is much better than in Europe. As for the nightmare stories adout  KGB agents, well at least there are no dr0nes in the sky if you know what I am saying))).

The bottom line : Pls, do not jump to the conclusions. If someone say something, it is not really what it is)).


Sat, 06/23/2012 - 16:47 | 2554459 Wave-Tech
Wave-Tech's picture



This articles inference should not endeavor to characterize personally Mr. Bernanke himself a Soviet-style dictator, but rather to expose the plausible truth as to the existence of the vilest shadow-system of totalitarian rule within which Mr. Bernanke may merely represent the most visible of its many and far more powerful collection of ardent soldiers. 

Empirical and unequivocal truths, impartial, pure, incorruptible and absolute in nature and substance, must effectually beyond all reasonable doubt, prove the existence of such a structure.   A structure of the most sinister of ordered hierarchies to which each individual agent may claim knowingly or with absolute innocence, plausible denial to the existence of a central command and control dictatorship to which they willfully or unknowingly submit and actively participate.


Sun, 06/24/2012 - 11:56 | 2555784 Grand Supercycle
Grand Supercycle's picture

DOW weekly chart shows uncertain market & fluctuating consensus with likely bullish pattern contained within megaphone wedge.

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