Tuesday, September 09, 2008

How the KGB (and friends) took over Russia's economy

CNN Money has an article about how Russia is effectively being run by a cabal of ex-KGB agents who long for Russia's former glory.

The Russian government has long violated property rights to place natural resource companies under state control. Property rights are fundamental to human well-being and to the smooth operation of a democracy. Government actors should not be able to expropriate property for personal or nationalist gain without due process.

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