I DO NOT LIKE THE LOOK OF THIS ONE LITTLE BIT

Who will buy Russia?

As stated in the following article, the proceeds from the sale of Russian oil and gas since 2008 have gone to rescuing banks. But even though Russia is now the largest exporter of oil, it is selling off large chunks of its economic infrastructure.

But who will buy it?

Who has the money?

Who could have engineered such a crisis?

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From http://www.larouchepac.com/node/16177

London-steered Pirates of the Caribbean Detail New Sales of Russian Public-Sector Firms
October 22, 2010 • 10:04AM

Reflecting the ongoing poisoning of Russian policy by British free-trade doctrines and the people who implement them — the "Pirates of the Caribbean" clique of financial interests operating in Russia, while registered in British-run offshore zones — the Russian government has released more details of the mega-privatization binge, announced by Sub-prime Minister Alexei Kudrin in August. Following a closed-doors meeting with Prime Minister Vladimir Putin, First Deputy Prime Minister Igor Shuvalov yesterday revealed more on the planned biggest privatization since the 1990s, intended to raise up to 1.8 trillion rubles ($60 billion) by 2015. Total or partial stakes in up to 900 companies are to be sold, including 15% of the state-owned oil company Rosneft and, in 2013-2015, up to 25% of the assets of Russian Railways (earlier said by the Economics Ministry to have been off the list).

President Dmitri Medvedev cleared the way for the expanded privatization last June, removing protection from hundreds of stated-owned companies and facilities like ports, previously shielded against privatization on national security grounds. Kudrin has said that up to $30 billion raised in 2011-2012 would go chiefly for budget-balancing purposes — because, since 2008, Russia has already spent nearly all of its previous oil and gas export-derived Stabilization Fund earnings on the rescue of teetering banks and large companies — and to fill budget holes. As of yesterday's meeting, the time frame has been extended by two years and the money-raising target doubled.

"They'll have trouble selling it," Lyndon LaRouche said at the time of Kudrin's announcement in August, adding that the whole approach of trying to attract foreign streams of money stemmed from the "British Intelligence penetration of Russia." Since then, Kudrin has been named Finance Minister of the Year by Euromoney magazine.

Among the details given, Shuvalov said the government may sell part of its 51.2% stake in Aeroflot-Russian Airline. He said Russia was prepared to privatize Moscow's Sheremetyevo airport, but needed time to integrate all three Moscow airports into one hub, which he admitted could not be achieved through privatization. A 100-percent stake in the United Grain Company and 50 percent minus one share in the state-owned shipping company Sovkomflot, will be offered during the next three years.

"We're sending investors a clear signal for the next three years, and we're prepared to discuss the sale of even larger stakes," Shuvalov was quoted in Russian media. Smaller pieces of the Federal Grid Company (electricity), RusHydro, Rostelecom, and Rosagrolizing (agricultural leasing operations) are on the list.

Shuvalov confirmed that stakes in the state-owned banks Sberbank, VTB, and Rosselkhozbank (the agriculture bank) will be for sale, including up to 50% minus one share of Sberbank, the state savings bank, which has the country's largest deposit and loan base. He said the government might yield control of VTB.

While Shuvalov made these announcements in Moscow, 1990s privatization orchestrator Anatoli Chubais, the former "young reformer" deputy premier who now heads the Rosnano nanotechnologies venture, arrived in San Francisco to entice U.S. "venture capital" into an increasingly privatized Russia.

In fact, the crucial elements of the policy package currently pursued by Kudrin, Shuvalov, and Kremlin staff figures like Arkadi Dvorkovich, were outlined 20 year ago by Chubais and others at seminars with top London operatives, held at the International Institute of Applied Systems Analysis (IIASA), on how to take over the Soviet Union: 1) massive privatization, 2) creation of a layer of super-wealthy private entrepreneurs as the missing element for running the Russian economy (a notion based on pro-Nazi "creative destruction" ideologue Joseph Schumpeter's "Unternehmergeist," or "Entrepreneur-spirit," these later appeared in the person of the offshore-registered new Russian "oligarchs"), 3) and modernization through "post-industrial" technologies.

LPAC organizers had a vocal and visible presence outside the Russian-American Business Council meeting addressed by Chubais and fellow oligarch Victor Vekselberg (head of the Bahamas-registered Renova Group, as well as Medvedev's Skolkovo "modernization" project), with a large banner saying "Free Russia from the Pirates of the Caribbean" in Russian.