Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
WESTERN DIGITAL WDC Stock Trend Analysis - CHIA! - Risk 1 - 23rd Jun 21
AMC Is the Best-Performing Stock in America: Don’t Buy It - 23rd Jun 21
Stock Market Calling the Fed‘s Bluff - 23rd Jun 21
Could Bitcoin Price CRASH Target A Bottom Below $7500? - 23rd Jun 21
Bitcoin and cryptos: Your 'long-term investment'? - 23rd Jun 21
Unlocking The Next Stage Of The Hydrogen Boom - 23rd Jun 21
USDT Ponzi Scheme FINAL WARNING To EXIT Before Tether Collapses Crypto Exchange Markets - 22nd Jun 21
Stock Market Correction Starting - 22nd Jun 21
This Green SuperFuel Could Change Everything For the $14 Trillion Shipping Industry - 22nd Jun 21
Virgin Media Fibre Broadband Installation - What to Expect, Quality of Wiring, Service etc. - 21st Jun 21
Feel the Inflationary Heartbeat - 21st Jun 21
The Green Superfuel That Could Disrupt Global Energy Markers - 21st Jun 21
How Binance SCAMs Crypto Traders with UP DOWN Coins, Futures, Options and Leverage - Don't Get Bogdanoffed! - 20th Jun 21
Smart Money Accumulating Physical Silver Ahead Of New Basel III Regulations And Price Explosion To $44 - 20th Jun 21
Rambling Fed Triggers Gold/Silver Correction: Are Investors Being Duped? - 20th Jun 21
Gold: The Fed Wreaked Havoc on the Precious Metals - 20th Jun 21
Investing in the Tulip Crypto Mania 2021 - 19th Jun 21
Here’s Why Historic US Housing Market Boom Can Continue - 19th Jun 21
Cryptos: What the "Bizarre" World of Non-Fungible Tokens May Be Signaling - 19th Jun 21
Hyperinflationary Expectations: Reflections on Cryptocurrency and the Markets - 19th Jun 21
Gold Prices Investors beat Central Banks and Jewelry, as having the most Impact - 18th Jun 21
Has the Dust Settled After Fed Day? Not Just Yet - 18th Jun 21
Gold Asks: Will the Economic Boom Continue? - 18th Jun 21
STABLE COINS PONZI Crypto SCAM WARNING! Iron Titan CRASH to ZERO! Exit USDT While You Can! - 18th Jun 21
FOMC Surprise Takeaways - 18th Jun 21
Youtube Upload Stuck at 0% QUICK FIXES Solutions Tutorial - 18th Jun 21
AI Stock Buying Levels, Ratings, Valuations Video - 18th Jun 21
AI Stock Buying Levels, Ratings, Valuations and Trend Analysis into Market Correction - 17th Jun 21
Stocks, Gold, Silver Markets Inflation Tipping Point - 17th Jun 21
Letting Yourself Relax with Activities That You Might Not Have Considered - 17th Jun 21
RAMPANT MONEY PRINTING INFLATION BIG PICTURE! - 16th Jun 21
The Federal Reserve and Inflation - 16th Jun 21
Inflation Soars 5%! Will Gold Skyrocket? - 16th Jun 21
Stock Market Sentiment Speaks: Inflation Is For Fools - 16th Jun 21
Four News Events That Could Drive Gold Bullion Demand - 16th Jun 21
5 ways that crypto is changing the face of online casinos - 16th Jun 21
Transitory Inflation Debate - 15th Jun 21
USDX: The Cleanest Shirt Among the Dirty Laundry - 15th Jun 21
Inflation and Stock Market SPX Record Highs. PPI, FOMC Meeting in Focus - 15th Jun 21
Stock Market SPX 4310 Right Around the Corner! - 15th Jun 21
AI Stocks Strength vs Weakness - Why Selling Google or Facebook is a Big Mistake! - 14th Jun 21
The Bitcoin Crime Wave Hits - 14th Jun 21
Gold Time for Consolidation and Lower Volatility - 14th Jun 21
More Banks & Investors Are NOT Believing Fed Propaganda - 14th Jun 21
Market Inflation Bets – Squaring or Not - 14th Jun 21
Is Gold Really an Inflation Hedge? - 14th Jun 21
The FED Holds the Market. How Long Will It Last? - 14th Jun 21
Coinbase vs Binance for Bitcoin, Ethereum Crypto Trading & Investing During Bear Market 2021 - 11th Jun 21
Gold Price $4000 – Insurance, A Hedge, An Investment - 11th Jun 21
What Drives Gold Prices? (Don't Say "the Fed!") - 11th Jun 21
Why You Need to Buy and Hold Gold Now - 11th Jun 21
Big Pharma Is Back! Biotech Skyrockets On Biogen’s New Alzheimer Drug Approval - 11th Jun 21
Top 5 AI Tech Stocks Trend Analysis, Buying Levels, Ratings and Valuations - 10th Jun 21
Gold’s Inflation Utility - 10th Jun 21
The Fuel Of The Future That’s 9 Times More Efficient Than Lithium - 10th Jun 21
Challenges facing the law industry in 2021 - 10th Jun 21
SELL USDT Tether Before Ponzi Scheme Implodes Triggering 90% Bitcoin CRASH in Cryptos Lehman Bros - 9th Jun 21
Stock Market Sentiment Speaks: Prepare For Volatility - 9th Jun 21
Gold Mining Stocks: Which Door Will Investors Choose? - 9th Jun 21
Fed ‘Taper’ Talk Is Back: Will a Tantrum Follow? - 9th Jun 21
Scientists Discover New Renewable Fuel 3 Times More Powerful Than Gasoline - 9th Jun 21
How do I Choose an Online Trading Broker? - 9th Jun 21
Fed’s Tools are Broken - 8th Jun 21
Stock Market Approaching an Intermediate peak! - 8th Jun 21
Could This Household Chemical Become The Superfuel Of The Future? - 8th Jun 21
The Return of Inflation. Can Gold Withstand the Dark Side? - 7th Jun 21
Why "Trouble is Brewing" for the U.S. Housing Market - 7th Jun 21
Stock Market Volatility Crash Course (VIX vs VVIX) – Learn How to Profit From Volatility - 7th Jun 21
Computer Vision Is Like Investing in the Internet in the ‘90s - 7th Jun 21
MAPLINS - Sheffield Down Memory Lane, Before the Shop Closed its Doors for the Last Time - 7th Jun 21
Wire Brush vs Block Paving Driveway Weeds - How Much Work, Nest Way to Kill Weeds? - 7th Jun 21
When Markets Get Scared and Reverse - 7th Jun 21
Is A New Superfuel About To Take Over Energy Markets? - 7th Jun 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

How Russia Avoided Civil War 17 Years Ago

Politics / Russia Oct 10, 2010 - 08:36 AM GMT

By: Pravda

Politics

Best Financial Markets Analysis ArticleOn October 3 and 4 Russia remembered the tragic events of the fall of 1993. Mourning rallies and marches in many cities of Russia commemorated the perished defenders of the Supreme Council. In the capital alone, the ceremonies were attended by nearly a thousand people. Was there an alternative to the armed confrontation between the supporters of Boris Yeltsin and the defenders of the legitimately elected Parliament? Was it possible to avoid the tragic outcome? Ruslan Khasbulatov, the chairman of the Supreme Council, discussed it in an interview with Pravda.ru.


17 years ago, on October 4 of 1993, the country, according to the current estimates, was able to avoid a civil war. However, what was the price? According to the official data, during the confrontation between the supporters of the first Russian President Boris Yeltsin and the Supreme Council headed by Ruslan Khasbulatov, 200 people were killed. According to unofficial data, there were many times more victims. For the first time in the history of Russian parliamentary, legally elected legislature was shot. A system of Russian democracy came to an end.

The parliament, elected for five years as the highest organ of the state power of Russia that consisted of 252 deputies, had a relatively short life span - only three years. On March 4, 1990 it was elected, and already on September 21, 1993, the first President Boris Yeltsin signed a decree on its dissolution, committing essentially a coup d'etat.

The conflict between two branches of government - the president and the Supreme Council -lasted through the entire year of 1993. The stumbling block was the new Yeltsin's constitution that gave the president enormous powers and negated the rights of the Parliament. According to the President-the reformer, the Supreme Council, who had the right to reject presidential laws, inhibited democratic reform in the country. In turn, Yeltsin's opponents believed that the policy of the president and the government lead the country towards a disaster.

On September 21, 1993, Yeltsin, tired of fighting with the deputies, resorted to extreme measures. He signed a decree on the termination of the Supreme Council. The deputies, who declared Yeltsin an outlaw, refused to obey the decree and continued to work. That later evolved into a full-scale armed conflict that ended with, perhaps, the most shameful moment in the post-Soviet history of Russia.

On October 4, Yeltsin ordered to storm the White House. In the morning, the parliament building came under fire from the tanks and was "cleaned" from the defenders of democracy. Ruslan Khasbulatov who was leading them was arrested.

Pravda.ru talked with Ruslan Khasbulatov, who then headed the Supreme Council, about the events of October of 1993.

Ruslan Imranovich, now, 17 years later, how do you assess the events of October of 1993?

"Imagine, that you are arrested, shot, thrown in jail, fired, kicked out of the government. What would you think then and now, 17 years later? Yeltsin, having shot the parliament, has committed a terrible atrocity. By the way, a group of deputies is preparing a letter to the European Court of Human Rights to recognize this crime against humanity.

How else can you assess it? Now Yeltsin's supporters say that they did not want to shoot. Where, then, was the order of "Stop, do not shoot?" After firing at us almost for half a day ... These bastards are lying, and you, journalists, listen with your mouths open. Well, let's suppose, the shooting was an accident. Then give an order, stop the shooting and punish those who fired. How else can you assess it? This is the greatest crime that was committed against the constitutional order. This is a public and political upheaval. Yeltsin is the culprit. He and his entourage should have been put in jail."

There is an opinion that the country managed to avoid a civil war. In your opinion, was there an alternative between a civil war and the execution of the legitimately elected Parliament?

"What does a civil war have to do with it? The civil war was led by Yeltsin himself with Gaidar and Chubais. They began carrying out their stupid economic reforms that set back the living standards in the country. These reforms have caused a universal outrage. And this outrage they tried to throw at the Supreme Council. Began shooting at it. They have created an environment of a civil war. What does the Supreme Council have to do with this? How did they manage to avoid a civil war, if one year later a civil war began in Chechnya? They're criminals!"

History, of course, does not know anything about "if" clauses, but in your opinion, could there have been another, less tragic, scenario?

"Well, of course, there could have been. After all, the main issue was the model of economic policy. I said that neo-liberal monetary model was not suitable, it led to trouble. Since then, it's been 17 years and the entire world has recognized that I was right. Now America and Europe abandon this model. Everyone is cursing the neo-liberal monetarists. But I, as a professional economist who have been dealing with western economies for my entire life, have seen it right away. If we have won then, today Russia would have been a prosperous country. In this sense, of course, there was an alternative ...

And they, who have stolen millions, of course, managed to avoid a civil war, but in fact, the people could not avoid it. They forced the situation of a civil war on the people, and we still are reaping the fruits."

Tell me, could an armed conflict and the execution of the White House have been avoided?

"Of course. If these scoundrels have not led people to Ostankino, with absolute certainty, we would have won without firing a shot. We would have put all these villains in prison, would have chosen a normal president. Would have reduced his "imperial" powers and we would have a parliamentary republic."

For many years, "leading and guiding role" in ceremonies to mark the anniversary of the execution of the Supreme Council is taken on by the Communist Party. And it may even seem that it was the Communist Party and personally Gennady Zyuganov who defended the White House and the Constitution, as they say, "not sparing themselves." How do you evaluate the role of the Communist Party and Zyuganov in those days?

"My assessment: zero. This is nonsense. On the contrary it is known that Zyuganov urged his supporters to disperse and do not go out".

Maksim Bogatykh

Pravda.ru

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Pravda Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in