He thinks out of the box. Bet he doesn’t sleep much at night. Hope he doesn’t get burned out.
Brilliant!
Totally wrong and lawless...when you have difference of opinion on policy it does no entitle you to steal other nations money...it will destroy the dollar and US reserve status and is short sighted...Hubris will not allow WA politicians to see that Ukraine policy is wrong and a disaster.
It does set a precedent to not only freeze but then permanently seize the funds belonging to other countries and their citizens because of policy disagreements between our government and theirs, especially with respect to their actions towards a third, non-treaty ally, country. We can and will do it — it seems inevitable at this point — but I do think this will only accelerate de-dollarization and the rise of BRICS. Foreigners historically trusted the US financial system as the safest place to keep their assets but if we unilaterally take their money, they will look for and eventually find alternatives, and that will be to our long-term economic detriment. That’s my opinion, anyway.
Why would anyone invest in America if we can just steal your money because we feel like it? Seems like a bad idea in the long run . At the very least steal Russia’s money and give it to Americans.
How about quit funding Ukraine and end this nonsense?
I am not impressed.
Excellent.
I oppose the civil asset forfeiture laws on principle, whether on a local, federal or international basis.
And use Iran’s 10 billion to fund Israel.
No. Not a dime to Ukraine. Eff them. We don’t have a single eff’n interest in Ukraine. They deserve zero money or attention. Focus attention here at home. It’s going to be very expensive deporting 20 million people. That has to be done first. Ukraine is a kleptocracy and we are the stupid chits getting ripped off. Thanks Zeepers, you moronic pieces of chit.
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.
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.
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.
Sending more cash to Ukraine's money laundering system, that is unaccounted-for on the other end, whether it be Russian money or not, is delicious? Let's keep feeding this proxy war, no matter what, right?
Oh and no long term consequences, for sure
Everytime we seize or screw with the assets of a foreign power with whom we have not declared war…another BRICS member gets their wings
Proof positive the whole ‘speaker’ thing was a charade.
The uniparty is back in control.
We won’t forget those who support this (yeah, you among them).
Why not use those funds to repay American taxpayers?
“Too delicious for words”
I agree to the extent that the Russians deserve to be punished for their unprovoked and illegal invasion of Ukraine, but this action by the U.S. may have unforeseen future consequences. Such actions have had consequences in the past.
On July 26, 1941, President Franklin Roosevelt seized all Japanese assets in the United States in retaliation for the Japanese occupation of French Indo-China. Less than six months later the Japanese attacked Pearl Harbor.
Just my $.02.
The main reason Russia today struggles demographically is because the Order helped Russian oligarchs loot their own country during the 1990s, well described by conservative author Christopher Caldwell:
‘The transfer of Russia’s natural resources into the hands of KGB-connected Communists, who called themselves businessmen, was a tragic moment for Russia. It was also a shameful one for the West. Western political scientists provided the theft with ideological cover, presenting it as a “transition to capitalism.” Western corporations, including banks, provided the financing … The oligarchs … controlled the privatization … Since the state had owned everything under Communism, this was quite a payout.’
The resulting currency collapse impoverished Russians. Pensioners starved and froze in unheated apartments. There was no work. Young men and women couldn’t afford to start families, and turned to vodka, drugs, crime and prostitution. Life expectancy fell below Bangladesh’s. Russia’s population dropped by 2 million (from a 1992 census of 148.5 million) by 2000. This US-led catastrophe caused a long-lasting drop in fertility because young people quit having kids for a whole decade. Even today, Russia’s population is declining slowly, if UN figures can be trusted. There’s already a dearth of workers to support pensioners. Yet despite that, despite western sanctions and despite a war that the Order forced on it, Russia is flourishing – and winning. Sanctions have backfired: Russia is more self-sufficient than any other big economy.