Is Tymoshenko a closet socialist?
This Washington Post editorial has some thoughts on what is happening in Ukraine in terms of the economy. I must say that I have had reservations about Tymoshenko from the very beginning. I was wary of her bold fashion style as an indicator of her ego and her need to upstage Yushchenko in a desire to have her own way. I have always been a bit worried that she would not be completely on Yushchenko's team. Recent decisions by her have not quieted these qualms and have instead intensified them. She continues to speak of thousands of re-nationalizations when Yushchenko keeps reassuring everyone that there will only be a dozen or so. All of these economic decisions, coupled with the decision to suddenly raise the value of the hryvnia in relation to the dollar (instantly devaluing most people's savings which are held in dollars), bodes ill for the future economic stability of Ukraine. Rumblings about re-nationalizing large parts of the economy as a way to bring revenue to the government are sure to continue to drive away investment. Did Ukraine have a Hobson's choice between a criminal and corrupt thug -- and closet socialists? Time will tell. But these are disturbing trends.
Read some of the WaPo editorial:
Ukraine's Orange Revolution was an exhilarating and joyful event. It was a classical liberal revolution for democracy and freedom and against corruption. Viktor Yushchenko became the democratically elected president, promising freedom from fear and corruption.