Kerry Promises $1 billion To Kiev

mudwhistle

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Obama just wants our money so he can spend it on lost causes. He gave $1.3 Billion to the Muslim Brotherhood, over $500 million to a company that went bankrupt, and now he wants to give another $1 Billion to a country that may be weeks, possibly days from being nonexistent.

Obama's reckless spending without congressional approval is getting out of hand. Every one of these examples took place because Obama went around rules meant to protect the taxpayer.


U.S. pledges $1 billion in aid to Ukraine

WASHINGTON — The Obama administration announced $1 billion in economic and energy aid to Ukraine on Tuesday, part of its emerging response to Russian military activity in Crimea.

President Obama, aides and allies are also considering a number of economic sanctions against Russia for its incursion into the Crimea region.

The administration announced the assistance package for Ukraine as Secretary of State John Kerry landed in Kiev early Tuesday for talks with the new government.

Treasury Secretary Jack Lew said the United States has been working with allies on a package to "help the Ukrainian government implement the reforms needed to restore financial stability and return to economic growth."

In a statement, Lew stressed the need for continuing reform in Ukraine: "The United States is prepared to work with its bilateral and multilateral partners to provide as much support as Ukraine needs ... if the new government implements the necessary reforms."

Kerry Promises Ukraine $1 Billion Bailout (Detroit, Not So Much)
Submitted by Tyler Durden on 02/26/2014 15:58 -0500


Having threatened Russia that "any military move would be a grave mistake" and sounding awefully like a "line" to be crossed, US Secretary of State John Kerry told reporters that the US is ready to bail out Ukraine...

*KERRY: RUSSIA MILITARY MOVE ON UKRAINE WOULD BE GRAVE MISTAKE
*KERRY SAYS U.S. PLANNING $1 BLN LOAN GUARANTEE FOR UKRAINE
*KERRY SAYS U.S. WORKING WITH IMF, OTHERS ON AID TO UKRAINE

One has to wonder how many US jobs this will create (or save)? Or will Ukraine offer unlimited vodka to citizens of Detroit (or Puerto Rico for that matter)?



As Reuters headlines show:

U.S. CONSIDERING UNSPECIFIED BUDGET SUPPORT FOR UKRAINE ON TOP OF POSSIBLE $1 BILLION LOAN GUARANTEE - KERRY
KERRY SAYS POSSIBLE MILITARY INTERVENTION BY RUSSIA IN UKRAINE WOULD BE A COSTLY DECISION, GIVES NO DETAILS

Via AP,

Secretary of State John Kerry says the United States is planning to provide Ukraine with $1 billion in loan guarantees and will consider additional direct assistance to the former Soviet republic.



Speaking to reporters at the State Department on Wednesday, Kerry said it was "urgent to move forward" in assisting Ukraine following the ouster of its Russian-backed president. But he said it was also urgent for Ukraine's interim authorities to enact reforms, curb corruption, and prepare free and fair elections.



The U.S. aid would be part of a planned massive international assistance package that was expected to include European contributions as well as loans from global financial institutions.


Links

U.S. pledges $1 billion in aid to Ukraine

Kerry Waives Restrictions On Foreign Aid - Sends Egypt $1.3 Billion : Freedom Outpost
 
We shouldnt give Ukraine one damn dime.................

I suspect this is in part to bail out bankers....perhaps our bankers YET AGAIN using ltheir influence to get a bailout.


NOT ONE DAMN DIME
 
I wonder where they will get that billion??

I do believe Barry, Kerry and the rest of those clowns have lost there ever lovin minds.

Personally I could give shit one about the Ukraine and if Barry and company want to play one upmanship with Putin then they should pony up the scratch for it. I'm sure Mrs. Kerry could come up with a billion.

You can bet Putin is LHAO.
 
obama promised nothing. Kerry brought the illusion of a billion dollars in loan guarantees but not a single dime. In order for the Ukraine to use those loan guarantees, someone would have to first make them a loan. The economy in the Ukraine is not good enough to get a loan, so the lending country would have to look at the credit worthiness of the US to pay the billion dollars in the event of a Ukranian default. Good luck with that. Our debt is too high. Notice that the EU, who would have been the single beneficiary of the trade agreement with Ukraine, has not offered anything. Not a loan, a gift, a bail out, not even a loan guarantee.

Again the misdirection of this regime is astounding. How can Kerry say with a straight face that he's bringing a billion dollars in aid when he's bringing nothing of the kind.
 
The only place we could possibly get that kind of money is to borrow it from China, with a 20 trillion dollar debt that we aren't paying back now, how likely is it that we will pay as a guarantor to Ukraine?
 
The only place we could possibly get that kind of money is to borrow it from China, with a 20 trillion dollar debt that we aren't paying back now, how likely is it that we will pay as a guarantor to Ukraine?

Most of our debt is from the Social Security/Medicare funds also known as intragovermental funds.

Congress has been stealing from it for years.
 
Obama is a fucking retard.

We give a billion to Ukraine to keep their gas prices low, the same gas that comes from...Russia. So we are going to actually take the place of Russia's subsidies to the Ukraine fuel supplies so they can then offset that loss to Russia with our money.

Why don't we just cut a billion dollar check to Putin? It all ends up there anyway.
 
It is always about the money;

"Regis Chatellier, from Societe Generale, said there is a “high risk” that Ukraine will be pushed into default on its €60bn sovereign debt, triggering a credit shock for Russian banks. Sberbank and VTB are both large holders of Ukrainian bonds."

(from 2 weeks ago, big slug of debt due in June)
Financial crisis threatens Russia as Ukraine spins out of control - Telegraph

Oh... and the other major bond holder is Franklin Templeton.

Ukraine bondholders confident as default threat looms | Reuters

Franklin Boosted Ukraine Bet to $6 Billion as Selloff Began - Bloomberg


See ... the Crimea is just payment in lieu of notice of default. Like having your truck re-possessed by the bank for non-payment.

Kerry has a Billion in his pocket? Good for him. He will need more than that to pay the creditors.

.
 
the price has gone up. When Clinton was in office he flew around giving out $500,000.00 checks.
 
Phoney gesture from a phoney President.

Any loans or funds have to be approved by Congress....

They say no, and Obama goes to the world and says, "Hey, I tried to help. Blame the Republicans for the mess in Europe."
 
John Kerry spent the weekend bad-mouthing the Russians and then wonders why they didn't show up at his ridiculous meeting in Kiev yesterday.

Huh, people don't like being lied about.

Go figure.

Democrats have been doing that about Republicans for years and they don't seem to mind.

Course the Republicans can't launch ICBMs at your cities ether.
 
NOT ONE DAMN DIME FOR UKRAINE

WE need to see a breakdown of who owns Ukrainian bonds......WHO is really going to benefit from this supposed "economic aid".

MSNBC just had some sap on advocating bailout, an ambassador I think (likely got a patronage job) ...lets see if any of these pathetic news agencies chases down who owns Ukrainian bonds......which US banks & investors.
 

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