Hogan's Alley

Saturday, April 14, 2007

Flickr Foto Of The Day

This is a picture of my own, taken in Moscow in July, 2004. To the right of the old woman is the wall surrounding the famous St. Basil's Cathedral at the end of Red Square.

President Putin should be reminded that states with failed economies have seldom achieved wide spread income improvement through the use of repressive tactics. Investors from abroad are reluctant to participate in countries where the stability of the government is largely dependent on the strength of its police. Homegrown entrepreneurs will also not allow themselves to grow too successful. Some have been jailed for such sins.

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