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Putin Government Moves To Take Control of Russia's largest space company Energia
schwit1 writes Vitaly Lopota, the president of Russia's largest space company Energia, was suspended Friday by the company's board of directors. From the article: "The move appears to be part of an effort by Russia's government to obtain majority control over Energia, of which it owns a 38-percent share. The directors elected Igor Komarov as its new chairman of the board. Komarov is chief of the Russian United Rocket and Space Corporation (URSC), the government-owned company tasked with consolidating Russia's sprawling space sector." The government is also conducting a criminal investigation of Lopota, which might be justified but appears to be a power play designed to both eliminate him from the game as well as make sure everyone else tows the line so that URSC can take complete control.
Anyone else here miss the 1980s USSR? Looks like Putin does ...
Maybe we'll finally stop relying on Russia for access to space...
This sort of thing is why shares of russian companies trade at a huge discount compared to shares of western and asian companies.
... really... you "toe the line" not "tow the line" as the submitter writes.
Anybody still seriously doubt that Russia is a neo-Fascist country?
I like the "to take control" euphemism for steal.
Putin is stealing private property, that's the actual headline here. There can be no real economic development if private property rights are not protected, specifically not protected from government theft. This wouldn't be the first time Putin stole something, by the way, even before Crimea I mean. Of-course he basically stole democratic elections in Russia, I guess nothing can beat that.
You can't handle the truth.
Administrative takeover of corporations by autoritative central state, with intimidation through abuse of executive power, is textbook fascism. Mussolini would be proud.
Maybe we deserve this world ?
They always one up whatever move you do and the only way to end the cold war was when the US stopped the race and started de-escalating the conflict and offer a treaty after a treaty, until finally Russia felt safe enough to let go.
Erm...
The cold war ended because the Soviet Union was broke and in disarray.
Diplomacy was the only option left to Yetlsin. They couldn't feed an army, let alone civilians.
As it will be with Putin or Putin's successor. Breadlines, not hard-lines with break them.
Calling someone a "hater" only means you can not rationally rebut their argument.
"Putin Government" ... instead of just "Government"?
Because it happens right now, yes. 100 years ago it would gave been "Tsar's representatives".
It's exactly why "Obamacare" is mentioned as such, and not simply as "care".
...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)
Sure, the way Russians go about nationalizing companies is not very nice or even subtle. But I wish my government did the same. Services that people need in order to live - energy, water, medical - shouldn't be on the free market. All that stuff should be publicly owned and the goal shouldn't to be to make money but to provide critical services to the people for the cheapest amount possible.
In Soviet Russia, line tows you!
It is basically Putin's way of saying: "Look, I am in control of how to get to space."
He's not. I'm pretty sure Chinese, Indians, Americans and Europeans are going to continue to go to space with or without Putin.
US simply does not understand the Russians. Sanctions cannot possibly work against them.
US is not working against 'Russians'. It's just containing a power-hungry dictatorial imperialistic regime. Attacking the wealth of a regime is always a good way to reduce its ability to conquer neighboring nations.
They always one up whatever move you do
Do you seriously think they didn't consider all the options Putin has? Or maybe at least the obvious ones like cutting his exports and imports? It's just a typical reactionary BS
This time it is gonna be played to the utter economic destruction of one of the two nuclear super powers or an all out nuclear war.
Yeah, imagine US losing their 28th business partner by volume of trade . Economic destruction my @ss.
It looked like such a smart move by the US state department to take over the Ukrainian government, too bad they didn't understand that the move would inevitably start a war. Now we will all pay the price.
Typical dictatorship thinking - if I lose control over a government it must be because some other country took it. There's no way people would just elect their own representatives...
I see. So if you were privileged or able to work your way into a company supplied med insurance program. You win the lottery and all is well. However, if you were unprivileged or had to work your life away in low, menial jobs to support your poor family and never had a chance to work your way into a company supplied insurance program, then you lost the lottery of life; you should just accept that you will die early. Then there is the lottery of your company shipping your job overseas to some low wage country when you are in your 40's or 50's. You then have little chance of further employment and your insurance is gone with your job. And you might have been allowed to get an medicaid, if you have lost enough of your wealth...except that was made harder by some governors rejecting the wider coverage. So, better hope you stay healthy and employed and aren't steamrolled by corporate America.
Most modern countries have healthcare for their citizens. How is it the U.S. cannot figure this out?
So, it is the Americans fault the new Russian Tsar stole back the Crimea, a piece of Georgia, is threatening a piece of Ukraine, is threatening Moldova, is threatening the Baltic states, and consolidating all power in the Kremlin.
Is there anything else you'd like to blame the U.S for?
"US does not understand russians"? My outside perspective as neither american nor russian is, yes, they do. It turns out Russians are people too!
Sting, is that you?
Jesus was all right but his disciples were thick and ordinary. -John Lennon
That's not a bad idea. Could the USA reformulate itself as a confederation with the same legal structure and operations, but with 49 seats in the UN rather than one? (I think everyone would agree that not having Florida represented is in the best interests of everyone except comedians.)
Yes. My cereal was soggy this morning. That's the fault of the Great Satan, too.