The US on Tuesday announced it was sending $1.7 billion in new aid to fund the Ukrainian government that is meant to pay Ukrainian healthcare workers and support other “essential services.”
The funds are coming from the US Treasury Department and the US Agency for International Development (USAID) and are being pulled from the $40 billion Ukraine aid bill President Biden signed into law back in May.
Also on Tuesday, the EU approved a new Ukraine aid package for 1 billion euros ($1 billion) in loans. The 1 billion is the first payment that’s part of an EU plan to provide Ukraine with 9 billion euros in financial assistance.
While Western nations have been shipping billions of dollars worth of weapons into Ukraine, the leadership in Kyiv keeps asking for more, including more economic assistance. Last month, the head of the Ukrainian parliament’s financial committee said the government needs $5 billion in external aid, or it will have to make drastic budget cuts.
The $40 billion aid package Biden signed in May includes $8.5 billion for economic assistance. More spending for Ukraine could be approved soon as the $40 billion is meant to last through September 30, and President Biden has said he’s willing to support Ukraine for “as long as it takes.”
Before Russia’s invasion, Western officials often cited corruption in Ukraine’s government as a reason why Kyiv couldn’t join NATO or the EU. But those concerns have fallen by the wayside as billions in aid are flowing into Ukraine with virtually no oversight.
Gonna be a new batch of Ukie “aid” millionares
Yup – and a few hundred $300,000 kitchen remodels in the DC area
Thomas Knapp may be getting a kickback as well!
Our colleague isn’t that sort. I might disagree with Knapp often, but stand by his integrity.
Pfft. He’s a jackass at best. Justin is rolling over in his grave.
Justin was much more truthful for sure. Recall those many articles after 9/11 trying to get at the bottom of the massive short selling immediately prior to 9/11 ?
He also wrote a pretty good book delving into the question of Israeli foreknowledge of the attack (the “dancing Israelis” in New Jersey, etc.).
If the Ukrainians want me to send a “kickback” for not supporting them, I guess they can contact me for my Bitcoin address.
Hey Buddy – I Said you were clean 🙂
Nice to see you’re still making friends Tom.
Knapp doesn’t lie. Having a different opinion isn’t lying.
Good point and agree. Poor choice of words – perhaos Justin was much more ‚forceful‘ might be better 🙂
I don’t know what you mean exactly. It was Justin’s place, so he had the platform. Justin wasn’t a mod so I can’t compare them in that respect. But I do think Knapp’s articles are top notch and that’s all I’m really interested in.
Justin studied at the feet of (and was the biographer of) Rothbard, a pretty “forceful” guy.
I studied at the feet of, among others, Justin. And a bunch of other Rothbardians, like Sheldon Richman.
I guess I need to work on the “forceful” part some more.
Bullshitting is lying. Knapp is little more than a troll.
Bullshitting about what? And he’s hardly a troll.
He has zero intellectual integrity. Misrepresenting everything going on is not “integrity”. Intellectual integrity is the one thing I always look for in anyone I listen to. People like Aaron Mate and Bernhard at MOA have it. Knapp does not.
The Afghan weapons bazaar shut down— Gotta find another market
“2/3 of Ukrainian refugees intend to stay in host countries until war over – Today’s Al Jazeera News.
In the mean time inflation in the US has hit 9.1% annually.
CPI increased 1.3% in June, which annualizes at 15.6%.
I just read Zelenskyy is a billionaire, his old profession was comedian/actor in a country with no money, how did he become so rich, other than being corrupt. Maybe he should use some of his own money.
A certain oligarch helped fund his South Florida mansion and his little 15 room place in Italy, plus, some cash in a bank in Chile. Politifact (Poynter Institute), which has debunked the news receives funding from the Charles Koch Foundation.
Ukraine has officially said it burns $5 billion beyond income every month, in addition to its weapons requirements. This amount therefore represents *one week* of Ukraine’s spending.
Worse, that money is mostly the dollar value of old weapons delivered from overage stockpiles, and money spent in the US on replacing that to keep in new stockpiles in the US. It is NOT therefore even the one week of what Ukraine says it needs.
It is a lot of money of course, but war is very expensive. Ukraine is unable to pay for this war.
“Loan” is the operative word here. The EU gifted Greece all kinds of benevolent loans in their time of need as well. We all saw how that worked out. Loan is Eurospeak for slavery. Ukraine has traded Putin for another master’s whip.
Forced Greece into an austerity program that involved sales of assets to corporations and oligarchs.
F$ck Joe B$den!
He has made some lame decisions.
Upgrades to Zelensky’s South Florida mansion.
The corruption is in the Biden family as much as it is in Ukraine.
People who want real understanding of what’s going on need to read Pepe Escobar’s latest. As always, Pepe lays it all out with conciseness and precision.
Russia and China haven’t even started to ratchet up the pain dial
https://thesaker.is/russia-and-china-havent-even-started-to-ratchet-up-the-pain-dial/
To add to the overall viewpoint, here is Bernhard explaining that “The American Century Is Over”:
Harpers Declares It’s Over – The ‘American Century’ Is Gone
https://www.moonofalabama.org/2022/07/harpers-declares-its-over-the-american-century-is-gone.html#more
The referenced Harper’s article is available at the archive:
https://archive.ph/cUCpy
Thank you for stealing 10% of our savings to fund more bloodshed in a proxy war a majority of Americans don’t want. Constant, non stop, and reckless giveaway to the military industrial complex. Thank you bipartisan war parties.
This is the end of the USA. HHHHOOOORRRRAAAAAHHHHHH
Ukraine is treating Joe Biden and America’s congress “like useful idiots”.
Fuck Joe Biden!