Last week Congress overwhelmingly passed a bill approving a billion dollars in aid to Ukraine and more sanctions on Russia. The bill will likely receive the president’s signature within days. If you think this is the last time US citizens will have their money sent to Ukraine, you should think again. This is only the beginning.
This $1 billion for Ukraine is a rip-off for the America taxpayer, but it is also a bad deal for Ukrainians. Not a single needy Ukrainian will see a penny of this money, as it will be used to bail out international banks who hold Ukrainian government debt. According to the terms of the International Monetary Fund (IMF)-designed plan for Ukraine, life is about to get much more difficult for average Ukrainians. The government will freeze some wage increases, significantly raise taxes, and increase energy prices by a considerable margin.
But the bankers will get paid and the IMF will get control over the Ukrainian economy.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
3 comments:
yes and the rich and powerful keep telling us why it's in our best interests to send our cash and heavens forbid our sons and daughters so they can get richer!
crimea was once part of Russia long before it became part of the Ukraine.
I need to move to another country so that I get help from the money I pay in taxes.
Ukraine...turn out the lights, lock the doors and give the keys to the 'Bank', just walk away with your clothes while you can. Don't laugh America your next on the 'Foreclosure' list!!
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