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Why the financial theft of the Ukraine war may finally be coming to an end

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19 minute read

STORY AT-A-GLANCE

  • For years, Ukraine was recognized as one of the most, if not “the” most, corrupt nation in Europe. The country is now struggling to rein in corruption as that is becoming a key hurdle to obtain more financial support.
  • According to official aid trackers, the U.S. had sent $76.8 billion in military, financial, and humanitarian aid to Ukraine as of the end of July 2023. The European Union contributed another $85.1 billion in that same timeframe. In mid-October 2023, Biden proposed yet another $105 billion foreign aid package, $61 billion of which will go to Ukraine.
  • According to U.S. officials, at least 70,000 of Ukraine’s 500,000 troops had been killed by mid-August 2023, and another 100,000 to 120,000 wounded. Another 9,614 Ukrainian civilians had also been killed as of September 10, 2023.
  • The supply of cannon fodder is running so low that Ukraine recently updated its conscription law to include women. Women between the ages of 18 and 60 with medical backgrounds must register for military service as of October 1, 2023.
  • Corruption may be a primary driver of this war. The American public being robbed and Ukraine drained of its youths while a relatively small number of corrupt individuals stuff their pockets with cash. American and European taxpayers are paying for the destruction of Ukraine and the elimination of huge numbers of its inhabitants, so that technocrat globalists and central bankers can then profit from the privatization and rebuilding of Ukraine into a “smart country” model for the rest of the world.

(Mercola) — For years, Ukraine was recognized as one of the most, if not “the” most, corrupt nation in Europe. It held on to that reputation all the way up to the day Russia invaded in late February 2022, at which point media worldwide suddenly started rewriting history.

Statements from U.S. and other Western officials, as well as pervasive accounts in the news media, have created a stunningly misleading image of Ukraine. There has been a concerted effort to portray the country… as a plucky and noble bulwark of freedom and democracy…

The notion that Ukraine was such an appealing democratic model in Eastern Europe that the country’s mere existence terrified Putin… is a myth… Even before the war erupted, there were ugly examples of authoritarianism in Ukraine’s political governance …

The neo-Nazi Azov Battalion was an integral part of President Petro Poroshenko’s military and security apparatus, and it has retained that role during Zelensky’s presidency…

The country is not a symbol of freedom and liberal democracy, and the war is not an existential struggle between democracy and authoritarianism. At best, Ukraine is a corrupt, quasi‐democratic entity with troubling repressive policies.

Given that sobering reality, calls for Americans to ‘stand with Ukraine’ are misplaced. Preserving Ukraine’s independence and territorial integrity most certainly are not worth the United States risking war with a nuclear-armed Russia.

Indeed, while President Joe Biden kept sending tens of billions of American taxpayer dollars to Ukraine in the name of “defending democracy,” Zelensky banned all opposition parties in the country and blacklisted American politicians and journalists who questioned the U.S. involvement in the conflict. So much for democracy and democratic values.

Is Ukraine aid part of a money laundering scheme?

According to the Panama Papers released in 2016, which have been described as “a giant leak of more than 11.5 million financial and legal records [which] exposes a system that enables crime, corruption and wrongdoing,” Zelensky is likely just as corrupt as his predecessors, as he, his wife and several associates all own “hidden offshore assets.”

With that in mind, why is the U.S. sending billions of dollars to Ukraine without requiring any kind of accounting for where all this money is going? According to official aid trackers, the U.S. had sent $76.8 billion in military, financial, and humanitarian aid to Ukraine as of the end of July 2023.

The European Union contributed another $85.1 billion in that same timeframe. And, in mid-October 2023, Biden proposed yet another $105 billion foreign aid package, $61 billion of which will go to Ukraine.

The lack of oversight combined with the lack of Ukrainian progress in the conflict and the refusal to enter into peace negotiations raises suspicions that these aid packages may simply be another money laundering scheme like we saw with FTX. At least $178 million sent to Ukraine through the now-defunct FTX crypto exchange may have been laundered back to the Democratic Party in the U.S.

Ukraine still rife with corruption

Lately, mainstream media have started to revisit the issue of corruption in Ukraine, probably because public perception of corruption may undermine the entire operation.

For example, October 2, 2023, Politico reported receiving a “sensitive but unclassified” strategy paper in which Biden administration officials warn that “Perceptions of high-level corruption” could “undermine the Ukrainian public’s and foreign leaders’ confidence in the war-time government.” According to Politico:

The administration wants to press Ukraine to cut graft… But being too loud about the issue could embolden opponents of U.S. aid to Ukraine, many of them Republican lawmakers who are trying to block such assistance. Any perception of weakened American support for Kyiv also could cause more European countries to think twice about their role.

Ukrainian graft has long been a concern of U.S. officials… But the topic was deemphasized in the wake of Russia’s February 2022 full-scale invasion…

More than a year into the full-scale war, U.S. officials are pressing the matter more in public and private. National security adviser Jake Sullivan, for instance, met in early September with a delegation from Ukrainian anti-corruption institutions.

A second U.S. official familiar with the discussions confirmed to POLITICO reports that the Biden administration is talking to Ukrainian leaders about potentially conditioning future economic aid on ‘reforms to tackle corruption and make Ukraine a more attractive place for private investment.’

No such conditions have been proposed for military aid, however, which makes up the bulk of the money spent on Ukraine. Similarly, in mid-September 2023, Reuters reported that “billions of dollars of aid earmarked for Zelensky’s government as well as ambitions to join the European Union ride on Ukraine proving that it is serious about fighting corruption and embracing good governance.”

Zelensky, for his part, has increasingly tried to portray himself as a staunch corruption fighter, firing more than a dozen senior officials on corruption charges in January 2023.

In August he also fired all the heads of the draft offices across the country, after it became known that men were bribing their way out of military service by paying for medical exemptions. In September he also fired his minister of defense over allegations of corruption within the ministry. A Ukrainian Supreme Court justice was also arrested this past summer for taking bribes.

Yet, such mass firings and arrests of high-level individuals have done little to quell rumors and accusations that Zelensky still tolerates corruption within his inner circle, perhaps because it’s true. According to a top adviser to Zelensky, who spoke to a Time journalist off the record, “People are stealing like there’s no tomorrow.”

An expensive, unwinnable war

In a September 2023 meeting with U.S. senators, Zelensky pleaded for more funds saying “You’re giving money. We’re giving our lives.” Indeed, according to U.S. officials, at least 70,000 of Ukraine’s 500,000 troops had been killed by mid-August 2023, and another 100,000 to 120,000 wounded.

Another 9,614 Ukrainian civilians had also been killed as of September 10, 2023. So many Ukrainian youths have been thrown into the meat grinder that the average age of Ukrainian soldiers is now 43. Men up to the age of 60 face the risk of being drafted at any time.

The supply of cannon fodder is running so low that Ukraine recently updated its conscription law to include women. Women between the ages of 18 and 60 with medical backgrounds, including doctors, nurses, midwives, dentists and pharmacists, must register for military service as of October 1, 2023.

However, unlike their male counterparts, women are not barred from leaving the country unless they’re called in for active duty. Ukraine is also trying to get as many Ukrainians back from other countries as well. To that end, Norway recently announced it will pay EUR 1,500 in cash to any Ukrainian willing to go home.

Yet despite the enormous sums of money being poured into Ukraine, the weapons sent, the conscription of women and aged civilians, Ukraine is making no headway and have no conceivable way of winning. Even some of Zelensky’s closest aides are now saying he’s “deluding himself” thinking he can still somehow win.

NATO countries are running out of ammunition and warn of shortages, while Russia has ramped up its military hardware production more than tenfold. And, even if we continue to supply the weapons, Ukraine is running out of able-bodied fighters to use them.

Preplanned post-war profiteering

In the final analysis, one wonders whether corruption might actually be a primary driver of this war. Is the American public being robbed and Ukraine drained of its youths while a relatively small number of corrupt individuals stuff their pockets with cash?

It looks that way, especially in light of the news that BlackRock, which already owns most of the private assets in the world, is positioning itself to profit from a post-war Ukraine. As reported by Business Today in early May 2023:

President of Ukraine, Volodymyr Zelensky, recently met with the management team of BlackRock, the world’s largest asset management company, to discuss the creation of an investment fund aimed at restoring the country’s economy through public and private capital. Netzines have not taken well to the news with many criticizing Zelensky over the meeting.

A Twitter user said, ‘Taxpayers pay the war bills, private firms get the profits.’ ‘Ukraine being privatized and sold off to companies like Blackrock,’ another said.

According to the press service of the Office of the President, the parties discussed the details of the investment fund’s creation and implementation of large-scale business projects in Ukraine.

The U.S. is also keen on Ukraine privatizing its banks, which will open the door for central bankers to take over. And let’s not forget that the big picture plan for Ukraine’s post-war reconstruction is to turn the whole country into smart cities with “smart governments” run by artificial intelligence.

It’s also a testing ground for warfare-related AI technologies said to be “paving the way for AI warfare in the future,” although it doesn’t appear to provide them with much advantage at the moment.

In short, it appears American and European taxpayers are paying for the destruction of Ukraine and the elimination of huge numbers of its inhabitants, so that technocrat globalists and central bankers can then profit from the privatization and rebuilding of Ukraine into a “smart country” model for the rest of the world.

Reprinted with permission from Mercola.

Note from LifeSiteNews co-founder Steve Jalsevac: Cost, death, and injury estimates quoted from U.S. government sources in this article are not reliable since the Biden administration cannot fully admit the political disaster of their proxy war using Russia to bring about regime change in Russia, break up the world’s largest nation, and take control of its vast natural resources. Many alternative news sources have indicated Ukrainian deaths to be far higher, up to possibly 400-500,000, and U.S. and EU financial costs to also be far higher than admitted.

No one knows the real costs because audits of U.S. military expenses have proven to be impossible, Ukraine is the most corrupt, money-laundering European nation, and there are additional, multi-billion-dollar intelligence gathering/CIA costs related to the conflict never provided to the public. The conflict has also cost the West massive direct and indirect expenses, such as devastating economic fallout from the U.S.-directed blowing up of the Nord Stream pipelines for which a current U.S. propaganda campaign is attempting to assign blame for that disaster on Ukraine operatives as the U.S. is engaging in a withdrawal of support for the failed war.

As well, the unprecedented level of failed Western sanctions against Russia have backfired on the West with the EU suffering the most to the tune of many billions of dollars and to an extent that is threatening the economic stability of the EU. Many other, especially poor developing nations, have also greatly suffered from the war and sanctions. Ukraine/NATO destruction of Russia’s main ammonia pipeline has deprived those nations of critically needed fertilizer and advanced the globalist ‘climate change’ campaign against fertilizer use.

The war, sanctions, and disastrous U.S./NATO killing of the very reasonable diplomatic peace settlement agreed to between Ukraine and Russia in March 2022, have resulted in far more harm to Ukraine and the West than to Russia. The formerly communist nation has astonishingly managed to benefit in many ways from having to resist NATO actions against it related to the conflict.

Russia has astonishingly maintained a healthy economy and gained numerous new nation-state allies representing a majority of the world’s population because of this terrible war conspiracy to increase Western economic hegemony and force the globalist UN/WEF/ Blackrock/Vanguard/State Street/Great Reset/New World Order agenda. LifeSiteNews, from the very beginning of the conflict, sensed this agenda and has been strongly encouraging peace negotiations in order to save Ukrainian lives.

We have never supported the Russian Special Military Operation. However, we have acknowledged that Russia has legitimate fears over broken U.S. promises related to the constant, unnecessary expansion of NATO along its borders. And there has been understandable, grave Russian concern over the horrific shelling and unprovoked killing of 14,000 Russian-speaking Ukrainian civilians by the Ukraine military since the U.S.-assisted violent, Ukraine regime change coup in 2014. We are simply uncompromisingly pro-life, pro-peace, and anti-globalist tyranny.

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conflict

Obama Dropped Over 26K Bombs Without Congressional Approval

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Armstrong Economics

By Martin Armstrong

@miss_stacey_

Biden, Clinton, Obama & Harris on Iran #biden #clinton #obama #harris #trump #iran #nuclear

♬ original sound – Stacey

Iran has been the target for decades. Biden, Harris, and Clinton—all the Democrats have said that they would attack Iran if given the opportunity. It appears that Donald Trump is attempting to mitigate a potentially irresolvable situation. As he bluntly told reporters: We basically — we have two countries that have been fighting so long and so hard that they don’t know what the f‑‑‑ they’re doing.”

A portion of the nation believes Trump acted like a dictator by attacking Iran without Congressional approval. I explained how former President Barack Obama decimated the War Powers Resolution Act when he decided Libya was overdue for a regime change. The War Powers Act, or War Powers Resolution of 1973, grants the POTUS the ability to send American troops into battle if Congress receives a 48-hour notice. The stipulation here is that troops cannot remain in battle for over 60 days unless Congress authorizes a declaration of war. Congress could also remove US forces at any time by passing a resolution.

Libya is one of seven nations that Obama bombed without Congressional approval, yet no one remembers him as a wartime president, as the United States was not technically at war. Over 26,000 bombs were deployed across 7 nations under his command in 2016 alone. Libya, Afghanistan, Syria, Yemen, Somalia, Iraq, and Pakistan were attacked without a single vote. Donald Trump’s recent orders saw 36 bombs deployed in Iran.

The majority of those bombings happened in Syria, Libya, and Iraq under the premise of targeting extremist groups like ISIS. Drone strikes were carried out across Somalia, Yemen, and Pakistan as the Obama Administration accused those nations of hosting al-Qaeda affiliated groups. Coincidentally, USAID was also providing funding to those groups.

Trump Obama Neocon War Bombs

The 2001 Authorization for Use of Military Force (AUMF) was initially implemented to hunt down the Taliban and al-Qaeda after the 9/11 terrorist attacks. Obama broadened his interpretation of the AUMF and incorporated newly formed militant groups that were allegedly expanding across the entire Middle East. The Bureau of Investigative Journalism believes there were up to 1,100 civilian casualties in Pakistan, Yemen, and Somalia. Thousands of civilians died in Syria and Iraq but the death toll was never calculated. At least 100 innocent people died in the 2016 attacks in Afghanistan alone.

The government will always augment the law for their personal agenda. The War Powers Resolution was ignored and the AUMF was altered. Congress was, however, successful in preventing Obama from putting US troops on the ground and fighting a full-scale war. In 2013, Obama sought congressional approval for military action in Syria but was denied. Obama again attempted to deploy troops in 2015 but was denied. Congress has to redraft the AUMF to specifically prevent Obama from deploying troops in the Middle East. “The authorization… does not authorize the use of the United States Armed Forces on the ground in Syria for the purpose of combat operations.” Obama attempted to redraft the AUMF on his own by insisting he would prohibit  “enduring offensive ground combat operations” or long-term deployment of troops. He was met with bipartisan disapproval as both sides believed he was attempting to drag the United States into another unnecessary war.

The United States should not be involved in any of these battles, but here we are. Those living in fear that Donald Trump is a dictator fail to recognize that past leadership had every intention of sending American men and women into battle unilaterally without a single vote cast.

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The Oil Price Spike That Didn’t Happen

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From the Daily Caller News Foundation

By David Blackmon

What if they gave an oil price spike and nobody came? That is admittedly kind of a lame play on an old saying about parties, but it’s exactly what has happened over the two weeks since June 12, when Israel launched its initial assault on Iran.

At that day’s close of trading, the domestic U.S. WTI price sat at $68.04 per barrel. As of this writing on June 24, the price stands at $64.50. That’s not just the absence of a price spike, it is the opposite of one, a drop of 5% in just two weeks.

So, what happened? Why didn’t crude prices spike significantly? For such a seemingly complex trading market that is impacted daily by a broad variety of factors, the answer here is surprisingly simple, boiling down to just two key factors.

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  • Neither Israel nor the United States made an effort to target Iran’s refining or export infrastructures.
  • Despite some tepid, sporadic saber rattling by Iranian officials, they mounted no real effort to block the flow of crude tankers through the region’s critical choke point, the Strait of Hormuz.

Hitting Iran’s infrastructure could have taken its substantial crude exports – which the International Energy Agency estimates to be 1.7 million barrels per day – off the global market, a big hit. Shutting down the Strait of Hormuz, through which about 20% of global crude supplies flow every day, would have been a much bigger hit, one that would have set prices on an upward spiral.

But the oil kept flowing, muting the few comparatively small increases in prices which did come about.

Respected analyst David Ramsden-Wood, writing at his “HotTakeOfTheDay” Substack newsletter, summed it up quite well. “Oil is still structurally bearish. U.S. producers are in PR mode—talking up ‘Drill, baby, drill’ while actually slowing down. Capex is flat to declining. Rig counts are down. Shareholders want returns, not growth. So we’re left with this: Tension in the Middle East, no supply impact, and U.S. production that’s quietly rolling over. Oil shrugged.”

There was a time, as recently as 10 years ago, when crude prices would have no doubt rocketed skywards at the news of both the commencement of Israel’s initial June 12 assault on Iran’s military and political targets and of last Saturday’s U.S. bombing operation. In those days, we could have expected crude prices to go as high as $100 per barrel or even higher. Markets used to really react to the “tension in the Middle East” to which Ramsden-Wood refers, in large part, because they had no real way to parse through all the uncertainties such events might create.

Now it’s different. Things have changed. The rise of machine learning, AI and other technological and communications advancements has played a major role.

In the past, a lack of real-time information during any rise in Middle East tensions left traders in the dark for some period of time – often extended periods – about potential impacts on production in the world’s biggest oil producing region. But that is no longer the case. Traders can now gauge potential impacts almost immediately.

That was especially true throughout this most recent upset, due to President Donald Trump’s transparency about everything that was taking place. You were able to know exactly what the U.S. was planning to do or had done just by regularly pressing the “refresh” button at Trump’s Truth Social feed.

Tim Stewart, President of the D.C.-based U.S. Oil and Gas Association, has a term for this. “The Markets are becoming much better at building the ‘47 Variable’ into their short-term models,” he said in an email. “This is not a Republican Administration – it is a Disrupter Administration and disruption happens both ways, so the old playbooks just don’t apply anymore.  Traders are taking into account a President who means what he says, and it is best to plan for it.”

Add to all that the reality that a high percentage of crude trading is now conducted via automated, AI-controlled programs, and few trades are any longer made in the dark.

Thus, the world saw a price spike which, despite being widely predicted by many smart people, didn’t happen, and the reasons why are pretty simple.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

(Featured Image Media Credit: Screen Capture/PBS NewsHour)

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