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"Ukraine's Gangster State"

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Posted by Eric Zuesse, from Russian Television, with Michael Hudson:

"Ukraine's Gangster State"

June 30, 2014. By Michael [VIDEO is included.]

Hard and fast insights on Ukraine's land-grabbing, with some frightening developments unfolding. I am interviewed briefly. This could well be another test on how far things can be pushed, building on Latvia. Share this.

Transcript. This is a rush transcript. Copy may not be in its final form.

RT: Nuclear weapons plans in the new gangster state of Ukraine. Coming up.

Announcer: Ukraine's new coalition calls officially for "pre-emptive nuclear strikes".

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Governors on the international wanted list.

And the sordid past of the new oligarch President.

RT: Pensions halved to $3 a day, heating costs doubled, forced sell-off of the country's land and resources -- all part of IMF "knee-breakers" imposed round the world, now in Ukraine.

In a bombshell announcement ignored by mainstream media, even the IMF itself now admits austerity doesn't work, cuts and economic slumps are vicious circles.

Let's speak to leading economist and author Professor Michael Hudson, great to talk to you, so why are Ukraine's new oligarch leaders doing this?

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Prof. Michael Hudson, author of The Bubble and Beyond: There was a Chilean-type military coup d'etat there. The people of Ukraine do not sign off on the IMF IOUs and sign the transfer of property. The coup d'etat leaders in Kiev signed up and what do they want? Their aim is not to help Ukraine, their aim is to get rich for themselves and to move as much of their money into London, New York and other centers as they can.

RT: To run Ukraine, assistant secretary of state Vic Nuland appointed the Fatherland party led by Yulia Timoshenko.

Martha Boersch, trial lawyer and former Federal Prosecutor: Because the money was being siphoned off by Lazarenko and Timoshenko, Ukraine at that time, as they have today, ran up a huge gas debt.

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