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Speaker Johnson eyes funding Ukraine aid with seized Russian assets, calls it ‘pure poetry’
Washington Times ^ | November 11, 2023 | Alex Miller

Posted on 11/14/2023 4:32:34 AM PST by Chad C. Mulligan

Speaker Mike Johnson said that he would like to use billions in seized Russian assets to pay for President Biden’s Ukraine aid request.

Mr. Johnson’s pitch comes as the top House Republican already diverted from Mr. Biden’s $106 billion request by splitting Israel aid from the larger package that included aid spending for the Jewish state, Ukraine, Taiwan and spending on the U.S.-Mexico border to bolster the president’s catch and release policies.

House Republicans have increasingly shifted their stance on providing more aid to Ukraine, arguing that no more taxpayer dollars should flow to the war-beleaguered country until the Biden administration offers clear-cut objectives for the conflict.

Mr. Johnson of Louisiana told the New York Post that he’s interested in using the more than $300 billion in Russian assets seized after fighting began in the region to fund future Ukraine aid.

“It would be pure poetry to fund the Ukrainian war effort with Russian assets,” Mr. Johnson said. “As you can imagine, that idea has been met with great enthusiasm on the Republican side. I suspect it will be with our colleagues on the other side as well. It’s an eminently responsible thing for us to do.”

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Foreign Affairs; Government; News/Current Events; Ukraine
KEYWORDS: funding; russia; ukraine; war
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To: bte

Somewhat agree. Apply due process to seize funds? Is that possible?
Our reserve currency is in a precarious position.


21 posted on 11/14/2023 5:10:35 AM PST by griswold3 (I cannot change the Tide but I can learn to Sail)
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To: canuck_conservative

See below. What is there? What is always there.

Oil. Gas. Joint development and partial interest in production.

$300 B is peanuts in the world of energy


22 posted on 11/14/2023 5:11:09 AM PST by Owen (.)
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To: canuck_conservative

You are dense, as usual. Why don’t you spend you time trying to get your nazi lovin’ Justine Castro to send more big bucks to Zelensky instead of robbing the US.


23 posted on 11/14/2023 5:12:43 AM PST by dforest
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To: Chad C. Mulligan
Ok. I’m no policy wonk or financial wiz to be sure but this move smacks of GOTCHA when it backfires.
You mean to tell me that during this entire Uke/Russian war no one in the brilliant pedo Joe administration thought of this???
It doesn’t smell right, and I believe it’s loaded with unintended consequences down the road. MHO
24 posted on 11/14/2023 5:13:34 AM PST by The Louiswu (Pray for Peace in the world.)
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To: FlyingEagle

That $10B paid for release of some prisoners. Are you saying return the prisoners to Iran in order to send that $10B to Israel?


25 posted on 11/14/2023 5:13:35 AM PST by Owen (.)
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To: Chad C. Mulligan

What is behind the 40% drop in China’s U.S. Treasury holdings?

The balance of U.S. Treasurys held by China totaled $805.4 billion in August, down 40% from a decade earlier, according to data from the U.S. Treasury Department.

https://asia.nikkei.com/Spotlight/Datawatch/What-is-behind-the-40-drop-in-China-s-U.S.-Treasury-holdings


26 posted on 11/14/2023 5:15:47 AM PST by FarCenter
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To: ConservativeInPA; Owen

After all the misery and destruction Russia has caused, Russia deserves to finance Ukraine!


27 posted on 11/14/2023 5:15:51 AM PST by canuck_conservative
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To: canuck_conservative

That’s really idiotic, coming from an allegedly conservative Canadian who watched your own government freeze and seize the financial assets of its own citizens who dared to object to being Guinea pigs for the pharmaceutical industry during the COVID debacle.


28 posted on 11/14/2023 5:18:01 AM PST by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Chad C. Mulligan

Disagree.

If it’s legal to use the seized billions for American interests, then do that.

If it’s not, then use it to help Ukraine rebuild AFTER Zelensky and his criminal pals are out. Use it to clean up the sex trafficking, the bio-labs, the human organ farming, and the money-laundering operations.


29 posted on 11/14/2023 5:23:47 AM PST by JudyinCanada (America's enemies want you to "trust the plan." Fight in reality, not the rabbit holes.)
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To: All
House Repubs have shifted their stance on providing more aid there,
arguing that no more tax dollars should flow to the corrupt Ukraine,
until 10% Biden offers clear-cut ways we'll stop being Ukraine's sugar-daddy.
30 posted on 11/14/2023 5:24:05 AM PST by Liz (Women have tremendous power — their femininity, because men can't do without it. Sidney Sheldon)
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To: Chad C. Mulligan

Our new Speaker Clown is ignoring the needs of Americans by believing the Ukraine needs mure money. He will follow in the footsteps of McCarthy in short order.


31 posted on 11/14/2023 5:24:30 AM PST by JonPreston ( ✌ ☮️ )
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To: Owen

I’m impressed w/ the way this guy thinks......”Speaker Johnson said that he would
use billions in seized Russian assets to pay for Biden’s Ukraine’s billions in aid request.”


32 posted on 11/14/2023 5:26:29 AM PST by Liz (Women have tremendous power — their femininity, because men can't do without it. Sidney Sheldon)
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To: canuck_conservative
After all the misery and destruction Russia has caused

In time, Russia will be a better friend to America than Canada.

33 posted on 11/14/2023 5:27:17 AM PST by JonPreston ( ✌ ☮️ )
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To: canuck_conservative

It’s done to Americans every day. Think about something as small as NPR. American taxpayer dollars are given to a network to spew anti-American propaganda.


34 posted on 11/14/2023 5:36:13 AM PST by EQAndyBuzz (I AM A ZIONIST HOODLUM!)
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To: Sacajaweau
He looks good.

We need to make sure he keeps the speakership in 2024. He does no good if the Democrats control the House.

35 posted on 11/14/2023 5:36:38 AM PST by marktwain
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To: canuck_conservative
Russia illegally invaded a sovereign country for no reason, FFS

The US does lots of things other countries view as "illegal" and we have more assets scattered around the world than anyone. There is no world wide consensus that Russian actions are illegal.

No one died and put us in charge of the world. This is a really bad idea.

36 posted on 11/14/2023 5:44:06 AM PST by usurper (AI was born with a birth defect.)
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To: canuck_conservative

I’m fine with that. I’m not fine with my children and grandchildren being debt slaves.


37 posted on 11/14/2023 5:46:43 AM PST by ConservativeInPA (Rebuild the Temple.)
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To: canuck_conservative

“it will destroy the dollar and US reserve status

that’s ridiculous

Johnson’s idea is smart, it punishes Russia for their illegal invasion, and it saves money

what’s not to like??”

While I like the idea of the poetic justice and apparent “fairness” of doing so, I must counsel caution as to precedent setting and the US’s exposure to tit for tat retaliation by others not so disposed to our Western view of the war there. Is there precedent or are we setting up for having OUR assets seized and spent by others as well?
Not cowardly but there is some thinking that must go into this, lest we find ourselves slip sliding into WW3 by doing the “right things”. Did not Japan attack us at Pearl Harbor after an oil embargo that would have crippled them if they stayed peaceful?


38 posted on 11/14/2023 5:50:58 AM PST by desertsolitaire ( M)
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To: Sacajaweau

Out of the box. ...
More like an appropriate Bible passage.
Recall when asked by mail stream media what his strategy would be
Thomson replied...”see the Bible”
This is truly Biblical.


39 posted on 11/14/2023 5:51:36 AM PST by SpokeshaveReturns (Proud Boys, Angry Dads and curmudgeons.)
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Comment #40 Removed by Moderator


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