Putin's Party Urges Nationalization of Operations of Western Firms Leaving Russia

[dalton99a]

https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-07

Putin’s Party Urges Nationalization of Operations of Western Firms Leaving Russia
By Alexander Osipovich

Russia should nationalize the operations of Western companies exiting the country in response to the war in Ukraine, a top official in Russia’s dominant political party said on Monday.

Such a move would help prevent job losses and maintain Russia’s ability to produce goods domestically, said Andrei Turchak, the secretary of the general council of the United Russia party.

“This is an extreme measure, but we will not tolerate stabs in the back, and we will defend our people,” Mr. Turchak said in a statement posted on the party’s website. “This is a real war, and not just against Russia as a whole, but against our citizens. We will take tough retaliatory measures, acting under the laws of wartime.”

United Russia dominates Russia’s rubber-stamp parliament and is unwaveringly loyal to President Vladimir Putin.

[SheltieLover]

1. So nationalize ALL Russian-owned assets world-wide. Play hardball.

[DFW]

2. Putin finally gets his excuse to revert to the USSR

Mitterrand’s brief stab at socialism and nationalization had its predictable economic mess, and now, Putin wants to do it, too. It can hardly be due the “success” of the USSR, but then ever since Lenin, the Union of Soviet Socialist Republics hardly had much to do with Socialism or Republics.

Control freaks are gonna wanna control things, and when a guy has been in absolute control of a country where things have never really gone well, what is his standard remedy? Not new leadership, nooo. More control, of course! So now his desire for complete social, military and economic control, as well as supreme leadership for as long as he breathes, can finally let him release his inner Brezhnyev. Well, слава Владимиру.

What was the definition of insanity, again?

[JoanofArgh]

3. This is what autocrats do. Then they put friends and cronies in charge of said company.

Putin made his ex-gymnast mistress a VP for a multimedia company and she's making millions.

[Solly Mack]

4. McDonald's simply must leave Russia now to make way for McPutin's, home of the Big Poot.

Last edited Mon Mar 7, 2022, 05:30 PM - Edit history (1)

[SilverDawg]

6. 🤣

👍

[highplainsdem]

9. LOL!

[JustABozoOnThisBus]

10. Under torture by KGB (FSB? Academi?), local employees will break and give up ...

... the recipe for that sauce on the Big Mac.

[Caliman73]

5. They can't even run their oil sector without help.

Let them nationalize, they will run those industries into the ground before long.

[PortTack]

7. This!

[Mr.Bill]

12. Send Trump over there to

run everything. That should go well.

[Elwood P Dowd]

13. Old Fat Donald would eat up all the profits. (nt)

[Liberal In Texas]

8. Ahh, the old COMMUNISM rears its ugly head.

And that worked out so well in the old USSR.

[Xoan]

11. Those Yabloko Macs will be in great demand.

[Irish_Dem]

14. So they are going to steal every thing they can get their hands on.

No surprise there.

I assume the businesses knew this would happen when they left.

[Yo_Mama_Been_Loggin]

15. Another step towards bringing back the old Soviet Union

[Coventina]

16. Big whup. Without global supply chain logistics, it will do them little good.

IKEA, Toyota, Coke, etc. weren't running their factories on locally supplied materials.

These people are dumber than rocks.

[Strelnikov_]

17. Oh, Putins Party in Russia, and not the GOP, was confused there for a bit n/t