In terms of achievements, Putin stabilized the Russian economy and restored Russia's national pride, largely by politically exploiting the financial windfall of Europe's need for Russian oil and gas. Russians were enthusiastic that he ended the social chaos that followed the collapse of the Soviet Union in 1991 and the subsequent pell-mell privatization of the state-owned economy. Many Russians have been mesmerized by the new glitter of Moscow and the restored glamor of St. Petersburg. Russia's revived self-pride follows the humiliation of the chaos after 1991 and the incompetence of his predecessor [[Boris Yeltsin]]. Russians have a long history of authoritarian governments and a strong diastase for anarchy. They have little experience with freedom. The Russian mafia, which is more sophisticated than its counterparts elsewhere, controls more than 40 percent of the total economy. Their control is thought to be even greater in certain areas, such as banking, real estate, and consumer markets.<ref>[http://www.worldbank.org/html/prddr/trans/janfeb97/art4.htm Louise I. Shelley, ''The Price Tag of Russia's Organized Crime'']</ref>
Putin has ruled Russia harshly in the style of the Czars—albeit not in the style of the Soviets. He gains popularity every time he challenges the U.S. or Europe, or sends troops to harass Georgia. Putin's Russia is an authoritarian system, with restricted capitalism, a rubber stamp parliament, pliant media, imprisoned or exiled oligarchs, harassed NGOs, marginalized pro-Western, democratic parties, and a foreign policy based on bullying and military strength, all based on money from oil and gas.
[[Robert Kraft]], the owner of the liberal [[New England Patriots]], accused Putin of stealing Kraft's [[Super Bowl]] ring. Putin claims Kraft gave it to him as a gift.