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Saturday, September 1, 2012

Russia's Putin calls for Stalin-style "leap forward"

Russia's Putin calls for Stalin-style "leap forward"
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1 comment:

  1. RAYLOKESeptember 1, 2012 at 3:53 PM

    "Of course, it was a joke," Rozogin told reporters regarding his posting but added that failures would not be tolerated.

    "Our satellites are falling, our ships are sinking, we had seven space failures in the last 18 months but not a single plant felt the consequences," he said after the council session.

    "The culprits should come on stage. The country should know them."

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    ..Putin plans to spend $680 billion in the next eight years to modernize the military, with the bulk of the money going to 1,350 defense plants which employ about 2 million Russians. Many defense sector workers backed Putin during the election.

    He sees the sector as a new growth driver for the stagnating economy which can help wean Russia off its dependency on energy. He promised to open up the sector to private businesses.

    Putin's critics argue that the arms industry is too backward and corrupt to be given such money and point to numerous recent failures and delays such as space satellite crashes or failed test launches of new intercontinental missiles.

    (Reporting by Gleb Bryanski; Editing by Michael Roddy)

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