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House Passes $1 Billion Ukraine Loan Guarantee, Gazprom Sends Thanks

Tyler Durden's picture


The oligarchs have taken over the asylum:


We are sure the auditors will be aggressively checking that this money does not flow directly from the US to Ukraine to Gazprom. But notably, we suspect, Jordan and Tunisia might be pissed as they just lst their funding. Not so much for Detroit or Puerto Rico also...


Measure, H.R. 4152, doesn’t entail any new funding because money remaining in a program for loans to Jordan and Tunisia would be transfered; exact amount of loan guarantees won’t be determined until Ukraine applies for assistance


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Thu, 03/06/2014 - 16:12 | 4518341 Magnix
Magnix's picture

They do not know how to leave them ALONE! Sheesh!

Thu, 03/06/2014 - 16:16 | 4518366 macholatte
macholatte's picture


Does this mean WE are paying Vlad $1B in ransom money?

Thu, 03/06/2014 - 16:18 | 4518378 zaphod
zaphod's picture

Debt, the only weapon Obama knows

Thu, 03/06/2014 - 16:43 | 4518523 Occident Mortal
Occident Mortal's picture

Ukraine owes Gazprom $2bn.


Obama is $1bn light. Putin will not be happy.

Thu, 03/06/2014 - 17:24 | 4518573 zaphod
zaphod's picture

The thing that is funny about all this is everyone on the planet is squabbling over entries in the FED dollar ledger, but this ledger is infinite and the FED adds to it at will.

Putin needs $2B more entries, sure no problem, just create them out of thin air into the dollar ledger and transfer them over via a loan. Saudi Arabia needs $10B for oil, no problem, just create them out of thin air into the dollar ledger. 

The whole system is absurd. When the world stops squabbling over these FED entries, the US is in for serious hurt.

Thu, 03/06/2014 - 17:46 | 4518781 Chupacabra-322
Chupacabra-322's picture

"As usual this Rothschild-led bankster putsch is all
about resources. Ukraine lies in a highly strategic
geographic location, fronting both the Black Sea and the Sea of Azov. Ukraine
is the bread basket of the Eastern Hemisphere. In 2011 it was the world’s 3rd
largest grain exporter. It ranks in the top 10 countries in the world for
sought-after farmland.

In October 2013 the IMF met with
Ukrainian officials to discuss the country’s alleged “budget crisis”. The
bankster enforcer arm demanded that Ukraine double consumer prices for natural
gas and electricity, devalue its currency, slash state funding for schools and
the elderly, and lift a ban on the sale of its rich farmland to foreigners. In
return for this Ukraine was promised a measly $4 billion." veterans today

Democratic processes? More like an Eonomic Hit.

Thu, 03/06/2014 - 18:39 | 4519013 The Gooch
The Gooch's picture

"I will have more flexibility after the election."

File on time, serfs.

Meanwhile, in Illinois -

This shitshow is FUBAR.

Can we get this party started yet?

Thu, 03/06/2014 - 19:08 | 4519107 Debugas
Debugas's picture

that's were Ukrain comes into play

to back up Fed's ledger expansion one has to back it up with real assets in this case Ukrainian assets

Thu, 03/06/2014 - 16:18 | 4518380 Stoploss
Stoploss's picture


Thu, 03/06/2014 - 16:19 | 4518386 NoDebt
NoDebt's picture

In other news, Putin announces trips to both Jordan and Tunisia, scheduled for next week.

Thu, 03/06/2014 - 16:22 | 4518404 Grande Tetons
Grande Tetons's picture

To bring unusually large suitcase. 

Thu, 03/06/2014 - 16:43 | 4518521 Dollarmedes
Dollarmedes's picture

All is proceeding as I have foreseen.

Thu, 03/06/2014 - 17:05 | 4518596 SDShack
SDShack's picture

I can't decide if it's a Putin Jedi Mind Trick: "These are not the Cossacks you are looking for."

Or a Goodfellas power play: "Lost the Crimea?, Fuck It. Pay Me!"

Thu, 03/06/2014 - 18:23 | 4518965 ParkAveFlasher
ParkAveFlasher's picture

You can have my answer now, Senator.

Thu, 03/06/2014 - 18:40 | 4519016 The Gooch
The Gooch's picture

It's fuck you. Pay Me!

Thu, 03/06/2014 - 16:28 | 4518392 ZerOhead
ZerOhead's picture

NO we are NOT paying Vlad $1B in ransom money.

Goldman Sachs is simply loaning the ransom money... secured by the title to Crimea at 20% interest... and we are merely guaranteeing the loan...


Thu, 03/06/2014 - 16:22 | 4518395 y3maxx
y3maxx's picture

...My prediction....Last chance, False Flag/Black Swan/Arch Duke event will be....... assassination of Biden.

Thu, 03/06/2014 - 16:26 | 4518425 Winston Churchill
Winston Churchill's picture

Waste of good lead.

Thu, 03/06/2014 - 16:28 | 4518438 superflex
superflex's picture

and primer too.

Thu, 03/06/2014 - 16:30 | 4518449 McMolotov
McMolotov's picture

Shot in the hair-plugs by a lone Russian gunman with ties to Iran and the tea party...

Thu, 03/06/2014 - 16:22 | 4518403 Hippocratic Oaf
Hippocratic Oaf's picture

Hello Ukraine, goodbye Detroit.

Thu, 03/06/2014 - 16:45 | 4518531 lordylord
lordylord's picture

"Get your billion back America!"  H&R guy

Thu, 03/06/2014 - 17:05 | 4518518 Jumbotron
Jumbotron's picture

<SMACK>.......NO, NO, NO !!!!!!!!!!!!

It's NOT GAZPROM that is thanking us.

It's EUROPE and specifically EUROPEAN BANKS that are thanking us for the continuance of cheap energy to fuel their economies ability to pay back their debt to the banks.  Which of course, because we are so tied into the European banking system means that OUR banks are ALSO thanking the government.

It's a 1 Billion dollar CIRCLE JERK !!!!!!

Thu, 03/06/2014 - 16:17 | 4518342 Looney
Looney's picture

Solyndra's loan guarantee, now Ukraine's... If only Boehner had Putin’s balls or, at least, Putin’s pubes and never let the Debt Limit be raised…


Thu, 03/06/2014 - 16:20 | 4518343 One And Only
One And Only's picture

Which just goes to show America is run by stupid motherfuckers elected by stupid motherfuckers.

Putin wins handily. America is now nothing more than a dog that barks at clouds.

"We will sanction you" "Here is a billion dollars"

I'm sick and tired of my government embarrassing me.

Thu, 03/06/2014 - 17:07 | 4518602 machineh
machineh's picture

Next: TSA to 'lend badly needed ammo' to Ukrainian snipers.

Thu, 03/06/2014 - 17:38 | 4518745 KickIce
KickIce's picture

The loss of the gold standard in combination with the "deficits don't matter" doctine and the dumbing down of our schools has been deadly.  It's no wonder our kids have 100 percent confidence in paper when you can print without consequence.

Thu, 03/06/2014 - 16:23 | 4518349 Son of Captain Nemo
Son of Captain Nemo's picture

$1billion USD to fix $150 billion (in deliberate damage) on a $5 billion investment!...

Is that insane enough for you?

Thu, 03/06/2014 - 18:24 | 4518968 KickIce
KickIce's picture

That certainly puts at all in perspective and not in the least bit insane when you receieve real assets in return for monopoly money.  Proof positive that only the serfs consider FRNs as money.

Thu, 03/06/2014 - 16:14 | 4518355 Crash Overide
Crash Overide's picture

No shit, Detroit doesn't get a bailout?

$1 billion could probably buy all the houses there.


Thu, 03/06/2014 - 16:15 | 4518364 One And Only
One And Only's picture

You're better off moving to Kenya.

Similar neighborhoods and the dollar goes farther.

Thu, 03/06/2014 - 17:47 | 4518791 Clowns on Acid
Clowns on Acid's picture

More civlized... less rap music.

Thu, 03/06/2014 - 20:30 | 4519403 rosiescenario
rosiescenario's picture

Obviously Detroit's best interest does not mesh with someone else's best interest and the latter is actually running the showin D.C.....not too hard to guess which group that is.

Thu, 03/06/2014 - 16:14 | 4518361 SquirrelButtDan
SquirrelButtDan's picture


Thu, 03/06/2014 - 16:16 | 4518371 alien-IQ
alien-IQ's picture

It's not "intervention" if the US does it....

Thu, 03/06/2014 - 16:17 | 4518374 Yen Cross
Yen Cross's picture

   PIKERS. Shit, Corzine's probably laughing over that headline...

Thu, 03/06/2014 - 16:18 | 4518381 Son of Captain Nemo
Son of Captain Nemo's picture

This is probably in a nutshell why our people in Washington will start a war with Russia and China, because losing everything even if it's there own fault is unthinkable.


Thu, 03/06/2014 - 16:31 | 4518458 NotApplicable
NotApplicable's picture

Sorry, had to downvote you for the usage of "our people in Washington."

Thu, 03/06/2014 - 17:13 | 4518627 Son of Captain Nemo
Son of Captain Nemo's picture

Sorry, had to downvote you for the usage of "our people in Washington."

What was Officer Malone's memorable line  to Ness in the movie "The Untouchables"?

"What are you prepared to do"! -Before it's too late.

Thu, 03/06/2014 - 20:33 | 4519411 rosiescenario
rosiescenario's picture

"...their people in Washington...." fix'd it....

Thu, 03/06/2014 - 16:19 | 4518384 ArrestBobRubin
ArrestBobRubin's picture

Come, get deeper into debt to us said the Spider to the Fly... after all, we're only here to help. 

Thu, 03/06/2014 - 16:20 | 4518385 ebworthen
ebworthen's picture

Bi-partisan support for wasting taxpayer dollars on oligarchs and greater debt serfdom for their constituents.

I've had it with this piece of shit country, had it.

It is nothing but an obscene lie.

Thu, 03/06/2014 - 16:25 | 4518418 McMolotov
McMolotov's picture

But clearly this must be "the will of the people!" Americans have no doubt been lighting up congressional switchboards over the past few days, demanding the government fork over $1 billion to a foreign country.

Thu, 03/06/2014 - 16:48 | 4518544 Kaiser Sousa
Kaiser Sousa's picture

now is finally clear who exactly is your shadow government?????????


THE MONEYCHANGERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Thu, 03/06/2014 - 17:11 | 4518614 machineh
machineh's picture

'Americans have no doubt been lighting up congressional switchboards over the past few days, demanding the government fork over $1 billion to a foreign country.'

Actually, they HAVE been.

But it starts with an 'I', not a 'U.'

Thu, 03/06/2014 - 16:19 | 4518388 Grande Tetons
Grande Tetons's picture

A billion? Another 3 to 4 bucks for every American. What the fuck...add it to the tab. 

Thu, 03/06/2014 - 16:22 | 4518402 Seasmoke
Seasmoke's picture

Glad I could help.....who is up next that I can help (whether I want to or not)

Thu, 03/06/2014 - 16:24 | 4518407 ShrNfr
ShrNfr's picture

So, now we not only have debt that is collateralized by the "good faith and credit" of the US government, a batch of almost bubble high real estate loans, but we now have a currency backed by a loan to the Ukraine. What could possibly go wrong??

Remind me how much the "good faith and credit' of the Detroit GO bonds is worth. Last offer was 20 cents on the dollar.

Thu, 03/06/2014 - 16:23 | 4518409 newworldorder
newworldorder's picture

So - We even have a piggy bank within the foreign aid section of the budget. Just move from one country to another. Why did we not do this for Greece and Cyprus? Could it be because the IMF was involved with those two?


Where is the EU, EU Central Bank, Major Countries within the EU, NATO (all members?) Why are they not coming up with any financial support? Ukraine owes Russa at least $10 billion. All we are doing is trying to bribe the Russians to back off. Any money given to Ukraine will be transferred through the Bank of International Settlements into Russian accounts. Congress as controlled by the Pelosse Democrats, will spend dollars they have to borrow from the FED without regard to interests of the American people.


This would be joke this administration and congress should share with all Americans - If only the people would wake up long enough to hear that joke.


Thu, 03/06/2014 - 16:23 | 4518411 wmbz
wmbz's picture

All that billion does is catch them up on their over due gas bill to Russia. Vlad and company know the U.S. sucker taxpayers will continue to pay. 

Thu, 03/06/2014 - 16:24 | 4518413 robertocarlos
robertocarlos's picture

Come on!  Do you really think broke people who enjoy a windfall actually pay their creditors? Half of it is going to a new flat screen TV.

Thu, 03/06/2014 - 16:24 | 4518414 Cacete de Ouro
Cacete de Ouro's picture

"Gazprom sends thanks"

Phew! For a second there I thought it said tanks ...

Thu, 03/06/2014 - 16:24 | 4518419 delivered
delivered's picture

$1 billion is a joke by today's standards. Really, how much is this going to help Ukraine at this point. Maybe but it a week or two. Putin has already won. His goal was Crimea and he's got control of this. Even if he backs down or moves away from Eastern Ukraine, he still got his prize. So let the West fumble around with uniting what's left of Ukraine as Putin knows that eventually, Eastern Ukraine will be his too. Just wait for the West to screw this up and he won't even have to invade. Just provide an opening over the next 5 years or so to enter.

BTW, who's the real winner in all of this. The West/US - no. Russia - partially. China - yes. They just sit back, watch Russia and US waste time and resources over a pissing match, expand their military budget by 12% (almost no news coverage on this), and quietly secure/lock-up resources in Africa and elsewhere. Silently going about their business just like buying up excess gold reserves for the past five years.

Finally, 3 to 5 years ago, a crisis like the one in Ukraine would send the world running to the safety of the USD and UST's. Remember economic problems in UAE, Ireland, Greece/PIIGS, etc.? Back then, the USD would spike and PMs hammered when the slightest bit of trouble occured. Today, not seeing this same relationship at all. Could it be that the writing is finally on the wall for the mighty USD? Maybe just maybe, the events unfolding in central Europe have a little more meaning and importance as it relates to the balance of power shifting from the West to the East? There are so many small signs/events pointing to this that when taken individually, don't add up to much. But consolidated together, all point to an exit from the USD as the world's reserve currency. Probably not quite at the final stage where the USD becomes just another currency backed by worthless CB assets (see Japan) but that day is clearly approaching and probably much quicker than anyone anticipates.

Remember, this process tends to happen very slowly over a long period of time and then, just like that, all at once (as the pressure becomes too great). Just not seeing any love for the USD when in fact world circumstances indicate a reserve currency should be in high demand. 

Thu, 03/06/2014 - 16:30 | 4518453 Grande Tetons
Grande Tetons's picture

 Just not seeing any love for the USD when in fact world circumstances indicate a reserve currency should be in high demand. 

Nice post, however, the financial markets are not reflective of world circumstances. Sorry, to be the bearer of bad news. 

Thu, 03/06/2014 - 17:46 | 4518782 Clowns on Acid
Clowns on Acid's picture

GT - I think his point was... they used to be....especially the USD. That is why gold is bid, and the gold mines, particularly North American are coming up hard of their bottom.

Thu, 03/06/2014 - 17:20 | 4518663 Ewtman
Ewtman's picture

There is an argument to be made that the dollar will strengthen as global deflation widens. Most of the debt in the world is denominated in dollars. So while many other currencies may survive a deflationary episode (like Deutchmarks, Swiss Francs, Aussie Dollar), there are not enough of them (combined) to go around for everyone seeking to pay down their debts and find a safe haven, as this editorial explains...


Thu, 03/06/2014 - 16:25 | 4518420 Seasmoke
Seasmoke's picture

We are going to need a lot more SS Numbers to help pay for this. 

Thu, 03/06/2014 - 16:27 | 4518435 Cacete de Ouro
Cacete de Ouro's picture

Don't worry, there's enough funding for everyone. It's all fiat anyway..what's a little dilution between friends?

Thu, 03/06/2014 - 16:29 | 4518442 bankonzhongguo
bankonzhongguo's picture

Obama issues some statement about Russia being "dangerous," Russia sinks some derelict ship in a Crimean port to fuck with Ukraine's "navy."

Congress mails Russia $1 billion.

Well this is the same government that has been in bed with the Sinaloa Cartel for over a decade so that they can sell their drugs to the Obama Regime's constituents and launder the money in both political party's largest money contributors.

They main reason Amerikans are so pissed these days is that there is no graft in any of this for them.



Thu, 03/06/2014 - 16:35 | 4518472 kito
kito's picture

we just pissed away another 1 billion dollars. absolutely pissed away. lost in the abyss of the absolute fucking mess that is called ukraine. it was a disaster of a country with nary a rule of law before this rift started, we can only imagine now.

oh well, whats another billion. 

Thu, 03/06/2014 - 16:35 | 4518473 royal
royal's picture

$1 billions dollars that we have to borrow from the future!!! GENIUS!!!


Thu, 03/06/2014 - 16:37 | 4518480 Inthemix96
Inthemix96's picture

Fuck me, what a suprise.

More debt, printed from thin air, with compounded interest added, for you lot to pay for through the sweat of your labour, to a country not one in a hundred even knows, or could point to on a map.

Way to go Barry.

This is beyond even my jaded cynical mind can comprehend.  This is out-right bollocks.

Sotero has, and I firmly believe this, no idea what Ukraine IS, never mind where it is, the boy is a badly suited puppet for your teleprompter sessions on TV, no more, no less.

I am fucking gob-bastard-smacked.             :-(

Thu, 03/06/2014 - 16:41 | 4518515 beyondtheprogramming
beyondtheprogramming's picture

at the cost of veto empowererment, and the IMF considering calling in the crisis debt of $63 billion into their general accounts, the US Congress and Republicans are all of sudden REALLY interested in making the 2010 Reforms a part of any aid package to the Ukraine - so one can only wonder if this is a message about leveling the economic playing field. cuz dont forget that these reforms will transition the worlds primary reserve currency from the dollar to the SDR - which we all ought to know is inevitable.

Thu, 03/06/2014 - 16:47 | 4518537 fzrkid
fzrkid's picture

Quick quetion. Where is the billion coming from?

Thu, 03/06/2014 - 16:52 | 4518554 One And Only
One And Only's picture

Mr Yellen's ass hole.

Thu, 03/06/2014 - 18:21 | 4518954 ChargingHandle
ChargingHandle's picture

from your children's and  their children's mouths 

Thu, 03/06/2014 - 16:50 | 4518547 eaglerock
eaglerock's picture

Ukraine needs to be Russia's Pottery Barn.  They broke it, let them pay for it.

Thu, 03/06/2014 - 17:01 | 4518581 yogibear
yogibear's picture

Better cash that billion before it's chump change. In the Zimbabwe currency a billion dosn't go very far anymore.

Thu, 03/06/2014 - 17:03 | 4518587 the not so migh...
the not so mighty maximiza's picture

they better spend it quickly

Thu, 03/06/2014 - 17:12 | 4518616 MarcusAurelius
MarcusAurelius's picture

It seems to be the case that if you are a member of the bankrupt (ie. the western world) you are allowed to do whatever the hell you wish. Fiscal responsibility, who cares. Debt, who cares. Loans with money that doesn't exist, who cares. Liquidiating others assets (ie. German gold), who cares. Financial manipulation of markets and stealing, who cares. Making the rich richer, who cares. Making wars in other areas of the world so that you can protect your own selfishinterests or interests of multi-nationals, who cares. 

Just line up at the trough so that you can receive free money. Then you can be like us. Then we will like you and help you. 

   At times it sickens me to see this blatent, irresponsible, behavior but this is where we have progressed as a society and it won't change until people stand up for what is right. 

Thu, 03/06/2014 - 17:15 | 4518626 QQQBall
QQQBall's picture

I wonder what the ROI is on the ICBM Vlad fired?


and just wondering.... How much USSA citizenry's life energy goes into producing $1 billion in tax revenues? $50 billion Gross to net enough to pay $1 billion in taxes.... except for kindly Uncle Warren of course...

Thu, 03/06/2014 - 17:20 | 4518655 bluskyes
bluskyes's picture

Such a guarantee is a moot point if Russia stops accepting USD

I would think that having the US as a guarantor would lower Ukraine's credit rating.

Thu, 03/06/2014 - 17:53 | 4518811 Seize Mars
Seize Mars's picture

Fucking assholes. I didn't agree to guarantee anyone's debts. Fuck them. This is getting to be fucking enough.
How does this work, does AIPAC have a guy stop by each congressional office and tell them what's what?

Thu, 03/06/2014 - 18:09 | 4518905 loveyajimbo
loveyajimbo's picture

I doubt AIPAC is involved in this particular abortion... as the guys who did the coup in the Ukraine are neo-Nazis.  (Doesn't the Queen of kenya know that nazis dislike mulattoes?) Wonder if the Jews minded when Obunga sent arms and cash to Al Queda in Syria?  Bad BO is a multi-faceted arsehole, isn't he?

Thu, 03/06/2014 - 18:56 | 4518910 earleflorida
earleflorida's picture

just for the sake of argument i would like to compare russia's stalin to putin? yes. the same putin that is being hailed the supreme diety of mother`russia:  father, son and holy ghost of of-- lenin, stalin and Alexander II... the (un)holy trinity?

what is it about putin that reminds people of russia's hot/cold war era regarding russia today? putin isn't aggressive. he certainly knows his status in the global geopolitical world, and likes to play along, giving and taking the best of all situations to promote peace. 

stalin's russia (see ref. below) on the other hand was quite the contrary,.. and once the iron curtain fell and the ussr imploded in dec/1991, russia pretty much kept to itself. broke and humilitated they found new leadership quite the opposite of the (USSR 1922-1991) bolsheviks. 

stalin:   the yalta conference

stalin: the tehran conference

stalin: the S F Conference 'United Nations'

stalin: the potstam declaration#8 & conference     (Crimean War?)       (ref #8 Jap Islands and littoral zones)     {key to china and japan/ n/s korea/ taiwan (roc) dispute all up for interpretation}


note: at the end of wwii the ussr's population was ~180ml which included ~170 nationalities in a country that represented one (1/6) sixth of the world's surface.

Stalin wanted the entire German navy given to him over objections from churchill? he hated italy and liked spain's gen. franco... he, also wanting romania, bulgaria, and greece (finland?)! poland was the main point of contention! roosevelt had seen the dark side of stalin whereas a naive truman thought of him as 75%/ 25% trustworhty! in the end stalin had no credibility! Ps.  stalin was adamant that italy nor china be members of the un.

fdr had to go with stalin as did truman? when in july/1945 the us invasion of japan was about to begin in august, russia had agreed to fight with the allied forces against japan and declare war. unbeknowst to roosevelt or truman (roosevelt had died just two plus months ago, so truman was in flux and indebted to his cabinet to get in right-- he hit the nail on the head???) that stalin had already ammassed a million troops on the border of manchuria.

Note2: the main reason for truman to go to potsdam, germany, was the liberation of poland and the political future of eastern europe... dismantling germany, and a commitment from the ussr to help defeat japan (england was now bankrupt and it's country in ruins). sadly, and unfortunately churchill was burn't out over the war, and stalin looked like death warmed over, with fdr already in the grave because of the war, neither sides, all three, wanted more wars. it had to end here in potsdam! 

stalin was a fighter and would always get his way seeing that russia suffered less than all of europe, and the world. churchill was concerned about russia's not abiding by the yalta agreement (stalin also found a way to circumvent documents with ambiguity?) Eastern europe was fair game and the ussr wanted poland, eastern germany, the baltic provinces, czechoslovakia, yugoslavakia, hungary, romania,,bulgaria, and a large part of austria. As historian's wite,... churchill was terrfied.

lastly, truman drops two atomic bombs on japan and the war ends saving american's ~ 100k -250k lives, with the war having been prolonged for 6-18months minimum. unconditional surrender germany --- and unconditional surrender japan-- period!!!

Stalin was working on the A-bomb in 1943 and in 1949 tested successfully their own bomb!

now, back to putin? can anybody compare stalin to putin in all fairness?

he stopped a massacre in syria (so he had sel interest, big deal)

he gave sanctuary to edward snowden

he opened up a 30 yr stalemate with talks for peace with iran... a detente never thought possible

he helped the ussa with afghanistan and pakistan in obama's wars

etc., etc., i mean wtf moar can i guy do to show he's for real

just read and compare history-- a lot of years to get the story right and no matter how you twist it or spin it... putin is on the right side of history

thankyou Tyler

Ps. sorry for long comment and so many references, BUT...   

Thu, 03/06/2014 - 18:15 | 4518929 shanearthur
shanearthur's picture

Headline is incomplete. Let me fix it:



Thu, 03/06/2014 - 18:17 | 4518932 Jon Steed
Jon Steed's picture


Thu, 03/06/2014 - 18:18 | 4518933 Jon Steed
Jon Steed's picture

How much gold does the Ukraine have? Maybe gazprom will take payment only in gold as they won't accept usd. And where is Detroit in all of this? Did they loose their voice. FFS. Just sayin.

Thu, 03/06/2014 - 18:34 | 4518992 Hongcha
Hongcha's picture

Anyone like OGZPY down here in the low 6's?  Would I be traitorous if I, umm, bought a little here?

It's the most undervalued energy, nay commodity stock in the world right now, by a factor of two.  

They employ 417,000 and supply Germany with 30% of their natgas needs.

Just mvho.

Thu, 03/06/2014 - 19:03 | 4519085 BeetleBailey
BeetleBailey's picture


Thu, 03/06/2014 - 19:08 | 4519106 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Anyone have a list of the roll call list of who voted for this?

Thu, 03/06/2014 - 19:43 | 4519141 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

nvm, read this fucking crap the way it is worded as.

On February 22, 2014 former President Viktor Yanukovich fled Kiev as a result of protracted conflicts between antigovernment protestors and Ukrainian security forces in which up to 100 people were killed.  The origins of the conflicts can be traced to the former President’s decision to suspend the finalization of an EU trade deal in favor of economic support from Russia.  An interim government is in place until elections are held in May 2014.

Subsequent to former President Viktor Yanukovich’s departure, ethnic Russian nationalists seized control of the Crimean parliament building on February 27, 2014. Moreover, western Russian military forces have entered into the Crimea peninsula.  Thus, Ukraine’s stability is tenuous at best.  While challenging, the events provide the United States and its allies with an opportunity to support this nascent government.  In particular, eliminating Russia’s leverage through energy assistance and loan guarantees are immediate ways to demonstrate support.

According to the Foreign Affairs Committee, loan guarantees are a cost-effective way to leverage the United States’ assistance to a country.  Loan guarantees simply consist of guarantees for the repayment of part or all of the principal and interest of a country’s sovereign borrowing. The United States’ guarantee reduces the riskiness of the underlying asset. The loan guarantee to Ukraine would be packaged with significant technical assistance focusing on four key areas: implementing critical economic reforms and mitigating their impact on vulnerable Ukrainians; conducting free, fair and inclusive elections, including the media and independent civil society; combating corruption and recovering stolen assets; and withstanding politically motivated trade actions by Russia.



Here is the actual voting list way to go assholes sending money to Neo Nazis. The second they get their hands on that money they won't use it to ' eliminate Russia’s leverage through energy assistance' to pay the Gazprom bill guaranteed. Besides who the fuck is extending credit to Ukraine that the US is going to act as a guarantor of repayment. I can just see it now how this shell game is going to work. One of those 2 countries put's up the paper for the loan to pay gazprom, Ukraine stiffs gazprom then the US pays said country anyways to wash their crappy paper through the Ukraine and into the 'black market' to buy illegitimate things like real estate in the US... Wait until the public finds out bet Obama hangs all you assholes on this one come midterms when the controlled opposition starts playing the we are moral people who don't support this sort of shit then painting everyone as Nazi supporters. Trey Gowdy is going to be targeted big time over this one since he is pushing real hard on the IRS thing.

Thu, 03/06/2014 - 19:09 | 4519110 22winmag
22winmag's picture

If a billion dollars is "printed" on a computer in the forest and nobody is around to hear the CPU fan click on, does it make a sound?

Thu, 03/06/2014 - 19:29 | 4519164 GrinandBearit
GrinandBearit's picture

What a fucking joke!

Why not simply give 1 million to every citizen in the US too? 

Big deal... it's only funny money... WTF?

Thu, 03/06/2014 - 19:30 | 4519175 roadhazard
roadhazard's picture

America cuts heating relief for it's own citizens and subsides Ukrainians to the tune of a billion. God Bless America.

Thu, 03/06/2014 - 20:37 | 4519425 rosiescenario
rosiescenario's picture

......and now for the score in the final minutes of the 4th. quarter:


Special Interest Groups: 120


Taxpayers: -40

Thu, 03/06/2014 - 22:12 | 4519770 Darkman17
Darkman17's picture

About $7 per tax payer. I guess I will skip lunch tomorrow to make up for that. Or if Yellen just print it, I can pass that down to a few lunches for my kids.

Thu, 03/06/2014 - 22:18 | 4519782 Dr. Destructo
Dr. Destructo's picture

Apparently that money the EU is lending to Ukraine has a dirty secret


Inobutwait it gets better: it's part of an austerity plan that will cut pensions in half in order to repay that money that was lent to them.

Who here said that biotech firms gotta bubble going on? Well, here's something that'll keep inflating it.

Goddamn we're working pretty fucking fast SNATCH AND RUN Y'ALL!

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