U.S. Special Envoy: Steal Frozen Russian Assets to Rebuild Ukraine
The U.S. Senate’s Foreign Relations Committee in June gave the green light to the Biden administration to steal money from Russians
The special representative for Ukraine’s economic recovery told reporters today that she agrees with President Joe Biden that Western countries should take the frozen Russian assets to pay for Kyiv’s rebuilding effort.
Penny Pritzker, the born-on-third-base-and-thinks-she-hit-a-triple billionaire special envoy, said it may require a heavy legal lift but it is worth pursuing.
“Fundamentally, if I were to say not from a legal standpoint, but from an ethical and moral standpoint, given the destruction that the Russians have caused to Ukraine, you know, they ought to be contributing to the recovery of Ukraine,” she said, according to The Financial Times. “Legally, how one gets that done is something that’s being worked on.”
The European Central Bank warned the EU against claiming interest off Russian assets as its own because it could “dent confidence in the euro as a global currency and hurt financial stability,” according to The FT.
“The implications could be substantial: it may lead to a diversification of reserves away from euro-denominated assets, increase financing costs for European sovereigns and lead to trade diversification,” the note from the ECB read.
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The U.S. Senate’s Foreign Relations Committee in June gave the green light to the Biden administration to steal money from Russians and deliver it to the corrupt Zelensky government in Ukraine to be used in its post-war restructuring effort.
More than $300 billion in Russian sovereign assets remain frozen globally.
The CFR reported earlier this year that it would cost an estimated $411 billion to rebuild the country.
The European Central Bank has privately warned the bloc’s leaders that efforts to leverage the Russian government’s seized assets could sully the euro’s international reputation as the second-largest reserve currency, raise borrowing costs for European governments, and hurt EU trade relations.
There are similar concerns in the United States with regard to potential harm to the U.S. dollar.
President Joe Biden said in May 2022 that he wants Congress to speed up a controversial procedure that would allow his administration to sell yachts and other assets that were seized from Russian oligarchs since the start of the Ukraine War.
“We’re going to seize their yachts” and the U.S. will sell off funds that will be used to directly remedy the “harm that Russia caused and help rebuild Ukraine,” he said.
Now we know why the Clintons, AIDE, NED, IMF, and every other "scrounge around the money tree scumbag" is hurrying to Ukraine to "rebuild the country." Rebuild it my ass! They must have got wind that Russia's $300,000,000,000 is in play once legal red tape is resolved. Then they'll all be standing around at the Kyiv money trough with their hands out! Putin might want to wait until they are all there sipping Champagne cocktails, before he drops a 500lb bomb on their expensively quaffed heads. But Putin is too much of a diplomat to do something like that. Putin should be esteemed, even by these scumbags as they ready themselves to cash in on the theft of Russia's assets. It leaves me with this thought, since there is no honor among thieves, we can only hope they succumb from killing each other over who gets what.