Russia’s President Vladimir Putin has signed a law banning ministers from having accounts and assets in overseas banks.
A white paper released Tuesday prohibits the
head of the Russian government and its ministers to own or use the
so-called “financial instruments,” such as securities, and their
derivatives, including futures, swaps, forward rate agreements and
The ban also includes spouses and underage children of ministers.
Michael Rivero's Comment:
Putin is very smart to do this. He wants to tie the fortunes of the
politicians to the prosperity of the nation. This is a mechanism which
sees a politician prosper only to the extent the people and the nation
prosper, and is a system the USA should have adopted about 100 years
/s/ Paul Andrew Mitchell, B.A., M.S.
Private Attorney General, 18 U.S.C. 1964http://www.supremelaw.org/decs/agency/private.attorney.general.htm
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