Skip to main content

Putin, Bush talk democracy

President Bush and Russian President Vladimir Putin addressed the subject of democratic reform in Russia today, while meeting ahead of the G8 summit in St. Petersburg.

Bloomberg's article, "Putin Tells Bush Russia Doesn't Need a Democracy Like Iraq's", conveyed a sense of verbal sparring between the two leaders during their press conference Saturday.

``I talked about my desire to promote institutional change in parts of the world like Iraq where there's a free press and free religion,'' Bush told a news conference with Putin after their talks. ``I told him that a lot of people in our country would hope that Russia would do the same thing.''

``We certainly would not want to have the same kind of democracy as they have in Iraq, I will tell you quite honestly,'' Putin shot back.

``Just wait,'' retorted Bush.

An article from the Houston Chronicle's website, "Remarks by Bush, Putin at news conference", gave the discussion a friendlier, more collegial air. The text is transcribed by the White House, so take that for what it's worth.

I think the most complete description of the Bush/Putin meeting and news conference I've seen comes from the CBS News site. Their article, "Bush Blocks Russian WTO Bid", includes a description of the exchange between Putin and Bush over democracy and Iraq, and gives an overview of the agreements reached ahead of the G8 meeting. Video clips are included.

Popular posts from this blog

Seth Klarman: Margin of Safety (pdf)

Welcome, readers! Signup for free email updates at the Finance Trends Newsletter . Update: PDF links removed due to DMCA notice. Please see our extensive Klarman book notes below. New visitors, please check the Finance Trends home page for all new posts. Here's something for anyone who has been trying to get a look at Seth Klarman's now famous, and out of print, 1991 investment book, Margin of Safety .  My knowledge of value investing is pretty much limited to what I've read in Ben Graham's The Intelligent Investor (the book which originally popularized the investment concept of a "Margin of Safety"), so check out the wisdom from Seth Klarman and other investing greats in our related posts below. You can also go straight to Ronald Redfield's Margin of Safety book notes .    Related posts: 1. Seth Klarman interviews and Margin of Safety notes     2. Seth Klarman: Lessons from 2008 3. Investing Lessons from Sir John Templeton 4.

Slate profiles Victor Niederhoffer

Slate's recent profile of writer/speculator, Vic Niederhoffer has been getting some attention from traders and finance types in recent days. I thought we'd take a look at it here too, to offer up some possible educational value from Vic's experiences with trading and loss. Here's an excerpt from Slate's profile of Victor Niederhoffer : " I've enjoyed getting your e-mails. It sounds like you've thought a lot about being wrong. Well, the reason you contacted me, to call a spade a spade, is that I'm sort of infamous for having made a big, notorious, terrible error not once but twice in my market career. Let's talk about those errors. The first was your investment in the Thai baht, which pretty much wiped you out when the Thai stock market crashed in 1997. I made so many errors there it's pathetic. I made one of my favorite errors: "The mouse with one hole is quickly cornered." That is key. There are certain decisions you make in li

Clean Money - John Rubino: Book review

Clean Money by John Rubino 274 pages. Hoboken, New Jersey John Wiley & Sons. 2009. 1st Edition. The bouyant stock market environment of the past several years is gone, and the financial wreckage of 2008 is still sharp in our minds as a new year starts to unfold. Given the recent across-the-board-declines in global stock markets (and most asset classes) that have left many investors shell-shocked, you might wonder if there is any good reason to consider the merits of a hot new investment theme, such as clean energy. However, we shouldn't be too hasty to write off all future stock investments. After all, the market declines of 2008 may continue into 2009, but they may also leave interesting investment opportunities in their wake. Which brings us to the subject of this review. John Rubino, author and editor of GreenStockInvesting.com , recently released a new book on renewable energy and clean-tech investing entitled, Clean Money: Picking Winners in the Green Tech Boom . In Clean