Staff Reports
The Biden administration continues its spree of sending American taxpayer dollars overseas, this time orchestrating a cool $20 billion loan to Ukraine. This comes as the clock ticks down to the arrival of President-elect Donald Trump, leading many to wonder if this is a desperate bid to dump cash before a potential shift in policy. After all, what’s a few billion dollars among friends, especially when taxpayer sentience isn’t in the equation?
This hefty sum is part of a much larger financial maneuver by the Group of Seven, which has decided to dish out a whopping $50 billion in what they call “Extraordinary Revenue Acceleration” loans. It’s almost as if the G7 leaders have taken a page from the Obama administration’s playbook, where giving money away at an alarming rate means no one notices how it contributes to the growing national debt back home.
Biden administration is trying to do all dirty tricks before he leaves office. If you want to help the Ukraine stop spending money on Global warming and illegal aliens. Done Deal: U.S. Loans Ukraine $20 Billion Ahead of Biden’s Departurehttps://t.co/ViYug8gRq9 pic.twitter.com/ybXI9ugW4q
— ✨Rojas✨ (@mcucolo57) December 11, 2024
Janet Yellen, the ever-optimistic Treasury Secretary, champions this expenditure as a noble cause aimed at bolstering Ukrainian emergency services and hospitals so they can combat Russian aggression. The idea that the U.S. taxpayer should fund foreign ventures is a liberating thought for the Biden administration, which seems less concerned with what their generous acts mean for the crumbling infrastructures back in the States.
Yellen attempted to justify this loan by claiming it is “paid for” using money retrieved from Russian assets that have been sitting idle. One has to wonder, how much sense does it make to claim another country’s misfortunes as a boon for American charity? Sounds like justifications are getting a little thin when “funding from a bad guy” becomes a rallying cry for a passage of Billions.
While the Biden administration has firmly stood behind Ukraine for nearly two years now, Republican leaders, including Trump, have voiced their dissent. Trump has hinted that the U.S. has already dished out more than enough aid to Ukraine and is ready to pull back. His recent commentary romantically suggests he could wrap up the ongoing conflict in just one day if only he were at the helm. A ceasefire is what he prescribes, bringing sanity to a situation engulfed in madness, just the way a true leader should.
One can’t help but laugh at the contrast between the current modus operandi of the administration and what is being proposed by potential future leaders. With Trump calling for a break in hostilities and a shift to negotiations, it leaves one pondering if the opportunity for common sense might arise again. Perhaps the G7 should surrender their plans for funding and instead take a page from Trump’s guide to deal-making. Instead, watching Yellen and her cohorts bail out foreign nations means the opportunities for negotiation are drifting further away—just like all those dollars heading off to fund foreign ventures.
