Zbiggy zez...

[Doug Henwood]

Jimmy Carter's national security advisor Zbigniew Brzezinski (sorta rhymes
with Lewinsky, doesn't it?) was just interviewed on CNBC. No reassuring
bromides from him! He declared Russia to be "entering a very serious
crisis" (weren't they there already?), with political and economic "reform"
as the major casualty (and I thought the Russian people were the casualties
of reform!). Zbiggy further opined that the "privatization" process was
actually an instance of "really monumental theft," which the U.S. has been
behind all along. He sees the oligarchs joining with the Communists to
create some kind of nationalist-populist "government of national unity"
which would use subsdidies and inflation to preserve the wealth of the
oligarchs. He sees the risk of "widening chaos internationally," worsened
by the fact that the U.S. is now "headless," thanks to the Clinton's
weakened state.

As he was speaking the Dow went from -280 to -320, though as everyone
knows, correlation isn't causation.

Doug