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How are the Russian oligarchs robbing Russian citizens of the wealth they otherwise could have? I didn’t read that from OP’s post and I don’t understand what e

by lowkey 5y ago

How are the Russian oligarchs robbing Russian citizens of the wealth they otherwise could have? I didn’t read that from OP’s post and I don’t understand what exactly you are claiming here. Do Russian oligarchs steal from the bank accounts of ordinary Russians or is there another mechanism of theft?

therusskiy 5y ago
taxes that Russians pay are largely stolen by the government and given to oligarchs, who are friends of Putin. For example Rotenbergs want to build a new road, they say it's going to cost them 10x times the market cost, but they are going to win this government contract anyway because they had the same judo coach as Putin. Any time West puts sanctions on oligarchs Putin makes a law so they can pay less taxes, meaning ordinary people keep paying taxes for them
- lowkey 5y ago
  That is shocking until you realize that the same thing happens in the west all the time - institutional corruption that benefits the elite. For example the city of Montreal is notorious for similar corruption in their road construction industry. Other cities are known to operate with similar collusion, though it isn’t as widely reported. If Nancy Pelosi was Russian we would certainly call her an Oligarch as it is widely known she has a net worth of $200 million+ on a salary of a few hundred thousand per year. She gained her enormous wealth by feeding insider information, which she gained from her privileged position, to her husband, so he could insider trade and front-run the American people stealing from their 401ks and other investment accounts. Insider trading is only a crime for regular Americans, not congress or senators. It is perfectly legal for them to insider trade all day long. Guess who wrote those laws? Also, Pelosi isn’t the only American politician who abuses their power by insider trading - only the most successful.
- lowkey 5y ago
  How is it any different from taxes paid by Americans either directly or indirectly through money-printing driven inflation, being used to bail out bankers in the great financial crisis? If I recall correctly the government took trillions from ordinary citizens to pay out the banking elite as a thank you for the bankers and rating agencies committing rampant fraud in MBS and CDOs - all while none of them were ever charged with crimes and none went to jail. Many bankers even received massive bonuses from taxpayer-funded bailout funds as well.

by lowkey 5y ago

therusskiy 5y ago

taxes that Russians pay are largely stolen by the government and given to oligarchs, who are friends of Putin. For example Rotenbergs want to build a new road, they say it's going to cost them 10x times the market cost, but they are going to win this government contract anyway because they had the same judo coach as Putin. Any time West puts sanctions on oligarchs Putin makes a law so they can pay less taxes, meaning ordinary people keep paying taxes for them

lowkey 5y ago
That is shocking until you realize that the same thing happens in the west all the time - institutional corruption that benefits the elite. For example the city of Montreal is notorious for similar corruption in their road construction industry. Other cities are known to operate with similar collusion, though it isn’t as widely reported. If Nancy Pelosi was Russian we would certainly call her an Oligarch as it is widely known she has a net worth of $200 million+ on a salary of a few hundred thousand per year. She gained her enormous wealth by feeding insider information, which she gained from her privileged position, to her husband, so he could insider trade and front-run the American people stealing from their 401ks and other investment accounts. Insider trading is only a crime for regular Americans, not congress or senators. It is perfectly legal for them to insider trade all day long. Guess who wrote those laws? Also, Pelosi isn’t the only American politician who abuses their power by insider trading - only the most successful.
lowkey 5y ago
How is it any different from taxes paid by Americans either directly or indirectly through money-printing driven inflation, being used to bail out bankers in the great financial crisis? If I recall correctly the government took trillions from ordinary citizens to pay out the banking elite as a thank you for the bankers and rating agencies committing rampant fraud in MBS and CDOs - all while none of them were ever charged with crimes and none went to jail. Many bankers even received massive bonuses from taxpayer-funded bailout funds as well.