by Patrick J. Buchanan – July 14, 1998

Before the markets opened Monday in Moscow, Boris Yeltsin’s government issued a statement saying a new International Monetary Fund bailout was on the way. Russia’s stock market shot up 7 percent in a single day.

And so the game goes on. In the run-up to this latest bailout, priced at $15 billion, Moscow’s stock market was in a sky dive, railway workers had blocked the Trans-Siberian line, defense workers were on strike, and there were reports of an impending coup d’etat. The sources of the coup reports were newspapers run by Russia’s vulture capitalists who want to bring Yeltsin down.