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US Pays Half Of Gazprom's Overdue Invoice With $1 Billion Ukraine Loan Guarantee

Tyler Durden's picture




 

With Ukraine no longer paying for Russian gaz, and with Gazprom making it clear Kiev has to a) first pay the overdue $2+ billion in invoice and then b) prepay some $5 billion in gas until the end of the year of Europe gets it, it was only a matter of time before the US Treasury stepped in and paid off part or all of Gazprom's demands. That time is now, when moments ago Jack Lew announced a $1 billion loan guarantee for Ukraine - very much the same way that the US provided billions in loan guarnatees for the now long overthrown Mursi regime in Egypt. And in other news, many more "costly" and "damaging" US sanctions are surely headed Russia's way any second now.

From the Treasury:

Treasury Secretary Lew Announces Signing Of $1 Billion U.S. Loan Guarantee Agreement For Ukraine

 

WASHINGTON – Today, the U.S. Treasury Secretary Jacob J. Lew announced the signing of a $1 billion loan guarantee agreement for Ukraine.  This guarantee, when completed, will complement the Government of Ukraine's International Monetary Fund (IMF) reform program and underscores the United States' commitment to Ukraine.

 

"The Ukrainian people have demonstrated tremendous courage as they have charted an independent course for their country and demanded a government that truly reflects the will of the people.  The United States has been at the forefront of building international support for Ukraine, and holding Russia accountable for its violation of Ukrainian sovereignty and destabilizing action," said Secretary Lew in his remarks at the U.S. Treasury Department today.  "I would like to congratulate Minister Shlapak on the progress he and his team have made in putting in place a comprehensive economic reform program together with the IMF.  The United States very much wants to see Ukraine prosper, and we will continue to stand with the Ukrainian people as they move forward to realize their long-held aspirations."

 

The $1 billion loan guarantee is part of a U.S. bilateral assistance package that also includes technical assistance to help Ukraine return to a path of economic recovery.  This loan guarantee will bolster the Government of Ukraine's ability to provide critical services as it implements reforms, while protecting the most vulnerable Ukrainian households from the impact of the necessary economic adjustment. 

 

Secretary Lew and Ukrainian Finance Minister Oleksandr Shlapak held a bilateral meeting before today's announcement to discuss the ongoing situation in Ukraine and Ukraine's progress on its economic reform plan.

 

The United States will continue to urge its international partners to take immediate steps to bolster the IMF assistance package and move forward with bilateral aid and technical assistance. 

And the inevitable photo op:

 

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Mon, 04/14/2014 - 10:25 | 4656663 intric8
intric8's picture

WHAT??? WHY?

Mon, 04/14/2014 - 10:26 | 4656670 ParkAveFlasher
ParkAveFlasher's picture

Because Putin.

Mon, 04/14/2014 - 10:27 | 4656678 Timmay
Timmay's picture

We are borrowing to pay another nation's bills now.

 

Full Retard alert.

Mon, 04/14/2014 - 10:29 | 4656687 Haus-Targaryen
Haus-Targaryen's picture

Its NBD guys,

Of that $1 Billion we just gave away, $390 million is borrowed, of which about $200 million of it is printed. But hey, we're good for it right!?

Mon, 04/14/2014 - 10:30 | 4656690 Pladizow
Pladizow's picture

Shit, now we only have one day to figure out where this line item goes on our tax returns!

Mon, 04/14/2014 - 10:32 | 4656704 Manthong
Manthong's picture

Just a good thing it is all backed by gold at the Fed.

Mon, 04/14/2014 - 10:44 | 4656751 max2205
max2205's picture

Fuck me...pay my gas bill too Lew

Mon, 04/14/2014 - 10:47 | 4656768 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

You can thank the Tea Party.

Mon, 04/14/2014 - 10:50 | 4656779 Manthong
Manthong's picture

If Vlad had any hair on his nuts (I think he uses LiLo’s waxer) he would have the Gaz company demand payment in Yuan.

Mon, 04/14/2014 - 10:59 | 4656829 CheapBastard
CheapBastard's picture

Makes me feek warm and fuzzy that we can help out them out....I'll just work a few hours harder...longer for the privilege.

Mon, 04/14/2014 - 11:16 | 4656863 eurogold
eurogold's picture

Why ???? Maybe because the U.S. had to instigate.....you know,  the overthrow, if you can remember that far back ???

Mon, 04/14/2014 - 11:22 | 4656918 strannick
strannick's picture

When you rule with the endlessly printable reserve currency, you make these payments by decree. A billion here, a billion there, you are never talking about real money.

Mon, 04/14/2014 - 12:09 | 4657155 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

I pay for everyone else in the world. Why should I expect anything different? Euromaiden, you are NOT welcome!

Mon, 04/14/2014 - 12:11 | 4657170 StacksOnStacks
StacksOnStacks's picture

What could go wrong?

Mon, 04/14/2014 - 21:09 | 4659071 MontgomeryScott
MontgomeryScott's picture

Well, you had to ask...

The guys in the picture fail to check out by 9 A.M. tomorrow (like it says in the paper posted to the left of the picture).

 

 The price of the room will need to be paid for another day (it looks like it's a cool $Billion).

Tue, 04/15/2014 - 01:44 | 4659699 Scarlett
Scarlett's picture

Now Vlad can kill our troops with our "money". 

Mon, 04/14/2014 - 11:07 | 4656868 Troll Magnet
Troll Magnet's picture

That's the spirit! Good Goy!

Mon, 04/14/2014 - 11:13 | 4656888 eurogold
eurogold's picture

Be happy Putin still accepts confetti ......Sorry I meant FIAT

Mon, 04/14/2014 - 11:27 | 4656963 eddiebe
eddiebe's picture

Patience grasshopper!

Mon, 04/14/2014 - 12:15 | 4657189 ParkAveFlasher
ParkAveFlasher's picture

Really, the hot shots are the first ones that get weeded out.

Mon, 04/14/2014 - 11:01 | 4656842 Overfed
Overfed's picture

That's the most non-sequitor comment I think I've ever seen.

Mon, 04/14/2014 - 11:07 | 4656866 TheMeatTrapper
TheMeatTrapper's picture

I know. That little homo has a deep seated hard on for the Tea Party for some reason. 

Mon, 04/14/2014 - 11:34 | 4656986 Troll Magnet
Troll Magnet's picture

Pay no attention to parasitic libtards.

Mon, 04/14/2014 - 12:21 | 4657213 Nehweh Gahnin
Nehweh Gahnin's picture

Hah!  "Deep seated hard on..."  That's a mixed metaphor I'll have to remember.

Mon, 04/14/2014 - 11:16 | 4656901 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

Yeah, Tea Party politicians voting on a bill which allows this to happen is irrelevant... it's crazy talk. I know, I know, the Tea Party can be anything you want it to be... but one thing is certain. If a Tea Party candidate gets elected, they become a Republican, if not, they remain a Tea Party candidate.

Mon, 04/14/2014 - 11:17 | 4656909 TheMeatTrapper
TheMeatTrapper's picture

Exactly which Tea Party members voted on the bill to allow this to happen, and exactly which bill was it? You need to put up or shut up. 

Mon, 04/14/2014 - 11:18 | 4656914 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

Exactly.

Mon, 04/14/2014 - 11:23 | 4656941 TheMeatTrapper
TheMeatTrapper's picture

Exactly what? Having trouble answering a simple question? 

Mon, 04/14/2014 - 11:31 | 4656975 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

This may come as a surprise to you, but the House and Senate have been passing bills in support of the unelected Fascist Ukrainian government. That is easy to understand, if you're not a dumb-ass. What's difficult to understand, is who is really Tea Party (if any) and who merely hides behind the banner during election time.

Mon, 04/14/2014 - 12:03 | 4657127 TheMeatTrapper
TheMeatTrapper's picture

I asked you to name a specific bill, and the Tea Party members who voted for that bill that authorized this loan guarantee. 

It's obvious that you can't do it because you are talking out of your fucking ass, which is all you seem to do. If you are going to shoot your fucking mouth off you need to be ready to step up and back your bullshit up with facts.

I'll say it again - which bill and which Tea Party member authorized this action?

Mon, 04/14/2014 - 12:22 | 4657218 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

I'm not going to provide a hyperlink for your lazy ass. It's time to grow up and be an adult. Hopefully you don't vote with so little information.

Mon, 04/14/2014 - 12:48 | 4657317 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

Here you go lazy ass:
https://www.govtrack.us/congress/votes/113-2014/h114

So are we to believe a mere 23 Congressmen are "real" Tea Party members when so many House Republicans ran under the banner in 2010 and 2012?

This is why claiming to be two things at once (Tea Party and Republican Party), while simultaneously claiming they are antithetical to one another is generally a bad idea, unless your ultimate goal is to discredit one, the other, or both.

Mon, 04/14/2014 - 16:41 | 4658188 chemystical
chemystical's picture

My comment is a little late to this party, but

More than half of the Nay votes came from members of the Tea Party Caucus.  More than 75% came from TPC members or those endorsed by "the" TP.

TPC members comprise only 20.6% of the (R) House members.

TPC members were over-represented amongst the Nay votes by 280% and by TP endorsed candiates by about 380%.

I'd say that tends to refute your thesis. 

Nice try, and no parting gifts for you

 

Mon, 04/14/2014 - 12:47 | 4657318 Grinder74
Grinder74's picture

It's spelled TEA.  It's an acronym, not a political party.  Get a life.

Mon, 04/14/2014 - 10:46 | 4656757 AlaricBalth
AlaricBalth's picture

Putin addressed the issue of loan guarantees 3 days ago.

Washington's offer to provide $1 billion in loan guarantees to help Ukraine is worthless as there are no banks willing to finance the recovery of crisis-hit country, President Vladimir Putin said Friday. Putin called Washington's negative response to his letter addressed to European leaders, which contains proposals on how to solve the Ukrainian crisis, "a bit strange" as the United States was able so far only to offer guarantees rather than actual loans.

"What are these guarantees to the banks that would be ready to issue loans, but there are no such banks, which means there is no aid," Putin said at a meeting with members of Russia's Security Council. "We are seriously concerned about this," he added.

Mon, 04/14/2014 - 10:59 | 4656827 crazzziecanuck
crazzziecanuck's picture

Oh, plenty of banks will line up for this given that it's more free money from the US taxpayer.  It's a loan guarantee so if Ukraine refuses to pay, the US government steps in and pays it.  No risk to any lender here.  The question becomes how much usury is going to be extracted?

Mon, 04/14/2014 - 10:52 | 4656789 Chief_Illiniwek
Chief_Illiniwek's picture

"It was paper yesterday and it's still paper today" - Sam Walton after '87 crash.

Mon, 04/14/2014 - 11:42 | 4657021 BanksterSlayer
BanksterSlayer's picture

and now we know why Ukraine shipped all of its gold gold reserves to New York last month.

Mon, 04/14/2014 - 15:58 | 4657969 Monty Burns
Monty Burns's picture

Just a good thing it is all backed by gold at the Fed.

Of which about $6 billion belongs to Ukraine.

Mon, 04/14/2014 - 10:33 | 4656705 SumTing Wong
SumTing Wong's picture

Putin is playing chess, while the US and EU are playing tiddlywinks. Hell, it looks like Obama is playing with himself. (And who can blame him when you look at the Wookkie? I know, I know, there is always Reggie Love...)

Do we even put up a score? Is it like Putin 11, The West -3 ???

Mon, 04/14/2014 - 10:35 | 4656715 pods
pods's picture

Denver Bronco foreign policy.

pods

Mon, 04/14/2014 - 10:40 | 4656731 Tengri Temujin
Tengri Temujin's picture

Meanwhile in Detroit thousands are having their water turned off because they couldn't pay their bills.  But we are paying the gas bills for down and out Ukrainians half the world away, because why?  Because they are white and because the poor in Detroit are mostly black.  I guess white people just can't have their utilities turned off, God forbid.

Mon, 04/14/2014 - 10:45 | 4656741 HardlyZero
HardlyZero's picture

Was there any Gold in that package ?  Even 1 ozt. would be game changing.

Mon, 04/14/2014 - 10:51 | 4656785 MansaMusa
MansaMusa's picture

Ukraine has no gold.  Wasn't it airlifted in the middle of night to the US vaults for recasting, I meant safe keeping?

Mon, 04/14/2014 - 11:02 | 4656851 Haus-Targaryen
Haus-Targaryen's picture

I thought it was sent to Frankfurt.

Mon, 04/14/2014 - 11:44 | 4657024 BanksterSlayer
BanksterSlayer's picture

Frankfurt or London or New York City ... same bankster scum, different GPS locations.

Mon, 04/14/2014 - 10:42 | 4656743 SumTing Wong
SumTing Wong's picture

Hell, aren't we spending enough money trying to kill a lot of brown people throughout the Middle East and on over towards the Far East? What do you want from us? 

(I'm in complete agreement with you on this, even as a pasty white boy.)

Mon, 04/14/2014 - 11:41 | 4657007 fockuyu
fockuyu's picture

SumTing? SumTing?!? This your cousin, Fockuyu! Whaa you mean you da white boy?!?!

Mon, 04/14/2014 - 10:42 | 4656745 Headbanger
Headbanger's picture

IT'S FUCKING BLACKMAIL!

Putin and his boyz are ROFLTFAO at Obama the Pussy in Chief!

Horrible.

Resign now Obama you loserrrrr!

Mon, 04/14/2014 - 10:45 | 4656754 Buckaroo Banzai
Buckaroo Banzai's picture

Yeah, too bad Detroit's water company doesn't have nuclear weapons. If they had we probably would have paid them off too.

Mon, 04/14/2014 - 11:02 | 4656845 crazzziecanuck
crazzziecanuck's picture

"Meanwhile in Detroit thousands are having their water turned off because they couldn't pay their bills.  But we are paying the gas bills for down and out Ukra... Nazis half the world away, because why?  Because they are white and because the poor in Detroit are mostly black.  I guess white people just can't have their utilities turned off, God forbid."

Corrected for accuracy.

Mon, 04/14/2014 - 11:12 | 4656887 NCSpurs
NCSpurs's picture

Blacks destroyed Detroit. In 67 they had 50% ownership of houses and burned them to the ground. They created their current situation. It's the same thing they have done in Camden,Baltimore,Memphis,Gary,Philly, and any other god forsaken shit hole American city they touch.

Mon, 04/14/2014 - 11:17 | 4656910 AnAnonymous
AnAnonymous's picture

Any number of ownership of houses in Ukraine in the part of the country Putin claims to be a wreckage?

Mon, 04/14/2014 - 11:31 | 4656978 TheFourthStooge-ing
TheFourthStooge-ing's picture

Fifty percent, plus or minus forty five percent.

Mon, 04/14/2014 - 11:30 | 4656970 Tengri Temujin
Tengri Temujin's picture

Maybe its because they can't get billion dollar loan guarantees to improve their neighborhoods like the folks in Ukraine can.  Also maybe cause the CIA has been dumping drugs by the boatload into these areas destroying the social fabric.

Mon, 04/14/2014 - 12:43 | 4657296 Greenskeeper_Carl
Greenskeeper_Carl's picture

Ukraine is not our problem, neither is detroit. Those people, just like nearly every other big urban area in the country, are populated by mostly black people, who vote for black democrats, who then bankrupt them. I don't mean to sound racist, but thats the case. They keep doing the same thing, then act surprised when the bills come due, as if no one could have seen this coming. Well, guess what, the whole US is bankrupt. We have no money to give to anyone. Sure we can print more and hand it out, and for now it works since dollars are still accpeted in exchange for real things. But saying we should give the money to detroit is a bunch of ignorant liberal bullshit. Those morons would waste it all and be right back to square one in a short time anyway.  We should not be giving it to anyone, it should not be taxed from the people, or printed from nothing in the first place. All foriegn aid is corporate welfare

Mon, 04/14/2014 - 13:26 | 4657446 slightlyskeptical
slightlyskeptical's picture

What you are missing is what would the situation be if these areas were instead educated, hard working, etc. Would there really be any better jobs for them? If there were, would they simply be taking those jobs from others? If everyone was working and doing well, what would be the drain on and the price of our resources? Would higher resource cost zero out any gains to society?

Mon, 04/14/2014 - 13:55 | 4657530 LFMayor
LFMayor's picture

It's always somebody else's fault.  Dem there crackas.  Keepin the Peoples down!  The CIA.  keepin the peoples down!. 

Mon, 04/14/2014 - 12:56 | 4657346 Telemakhos
Telemakhos's picture

Can we move a million or so of the Ukrainians to Detroit?

Please?

Mon, 04/14/2014 - 16:00 | 4657984 Monty Burns
Monty Burns's picture

I guess white people just can't have their utilities turned off, God forbid.

 

They do if they won't pay.  You really need to get out more. Although don't try it in Detroit.

Mon, 04/14/2014 - 11:15 | 4656896 Nevsky
Nevsky's picture

WH calls it Vinnie Pooh foreign policy:

Richard Danzig, who served as Navy Secretary under President Clinton and is tipped to become National Security Adviser in an Obama White House, told a major foreign policy conference in Washington that the future of US strategy in the war on terrorism should follow a lesson from the pages of Winnie the Pooh, which can be shortened to: if it is causing you too much pain, try something else.

Mr Danzig told the Centre for New American Security: “Winnie the Pooh seems to me to be a fundamental text on national security.

Feel the power.

Mon, 04/14/2014 - 11:01 | 4656840 CrimsonAvenger
CrimsonAvenger's picture

I think it's more accurate to say that Putin is playing chess while the US is masturbating like a bonobo monkey.

Mon, 04/14/2014 - 10:33 | 4656706 nope-1004
nope-1004's picture

So are we winning?

 

Mon, 04/14/2014 - 10:35 | 4656713 HRamos_3
HRamos_3's picture

Stocks say yes.

Mon, 04/14/2014 - 10:47 | 4656764 Buckaroo Banzai
Buckaroo Banzai's picture

We are gonna keep paying these guys until we are doing exactly what they want us to do!

THAT'LL SHOW 'EM!

Mon, 04/14/2014 - 12:40 | 4657284 Uncle Remus
Uncle Remus's picture

Do I have to wait until next year to write this bad debt off?

Mon, 04/14/2014 - 10:30 | 4656692 pods
pods's picture

Co-signer, bitchez!

pods

Mon, 04/14/2014 - 11:48 | 4657037 sushi
sushi's picture

Good thing the Ukraine does not have any tortise eating cattle. Then instead of getting a billion from the US taxpayer they would have BLM agents parachuting in with tazers and air portable red lines and it will be finito.

 

Mon, 04/14/2014 - 10:31 | 4656697 LawsofPhysics
LawsofPhysics's picture

No shit, completely fucking insane...

Mon, 04/14/2014 - 11:17 | 4656908 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Awesome! so the USA borrows from China, to pay tribute to Russia on behalf of the Ukraine, then stomps its feet that it will bring more sanctions!

 

Thank you sir, please, may we have some more!

 

This is what happens when you let Pajama Children run US Foreign Policy! Hilarious!

 

 

Mon, 04/14/2014 - 11:19 | 4656921 AnAnonymous
AnAnonymous's picture

The US borrow from people with resources all around the world.

That one billon dollars is phony money, whose countervalue is guaranteed by some dirt third world country commodities.

'American' economics revolve around two things: transfer of wealth and concentration of wealth.

The USD is one powerful tool in the scheme.

Mon, 04/14/2014 - 11:35 | 4656988 TheFourthStooge-ing
TheFourthStooge-ing's picture

I agree with this comment from AnAnonymous. It will not be any kind of fun time for 'americans' when the USD falls from its perch.

Mon, 04/14/2014 - 11:42 | 4657018 AnAnonymous
AnAnonymous's picture

What a betrayal. A paged 'american' forced to agree.

Usually, when people rubs the bottle to get the genius out of it, they want the genius to fulfill their demands.

Again, a paged 'american' must behave following the expectations of 'americans' who summoned him.

Mon, 04/14/2014 - 11:53 | 4657064 TheFourthStooge-ing
TheFourthStooge-ing's picture

Ah, ah, and alas, sometimes when the bottle is rubbed, somehow even in Liverpool, the dschinn has no proness to regard any demandments, with very various consequences.

By the by, since you have a nose for that stuff, who is going to be the next guy labelled Hitler, forcing humanity to take him down, US citizenly so to speak?

Mon, 04/14/2014 - 12:03 | 4657130 Bananamerican
Bananamerican's picture

LOL

Mon, 04/14/2014 - 13:58 | 4657543 LFMayor
LFMayor's picture

He came back!  His family must have winded through the current "corruption" shit flinging that's going on amongst the priveledged prices of the Center of the Heavens.

Mon, 04/14/2014 - 16:25 | 4658106 Monty Burns
Monty Burns's picture

I thiink you have a genie n mind.  A genius wouldn't have got stuck in the bottle in the first place.

Mon, 04/14/2014 - 11:18 | 4656913 HardAssets
HardAssets's picture

This is complete BULLSHIT !

The American citizens get put on the hook, again, and without their approval.

Mon, 04/14/2014 - 11:48 | 4657038 caShOnlY
caShOnlY's picture

We are borrowing to pay another nation's bills now.

lol..... does anyone really believe this shit will ever be paid back anyway? us, them, we, those ......... just doesn't matter anymore.  It's just one giant shit show of paper shuffling.   Once the collapse comes and faith backed currency goes out the window, everyone will look back and say "how the hell did that last so fucking long?"

Mon, 04/14/2014 - 12:32 | 4657254 Commodore64
Commodore64's picture

 

 

Mon, 04/14/2014 - 14:07 | 4657575 caShOnlY
caShOnlY's picture

+1 for the avatar.  looks like our president.

Mon, 04/14/2014 - 12:39 | 4657277 Kirk2NCC1701
Kirk2NCC1701's picture

@ Timmay: "We are borrowing to pay another nation's bills now."

No sweat: we are 'borrowing' by swapping debt notes with the ECB -- who do the same with us.  They could not be more intimate if they were swapping gob.

The Russians then get to swap these fiat Notes with real assets they'll need in the future.  Eg. Strategic machines & parts, and specialty drilling & mining gear from the EU and US. 

"Frack you!"  "No, frack you!"

Mon, 04/14/2014 - 16:47 | 4658221 chemystical
chemystical's picture

"We are borrowing to pay another nation's bills now."

We monetize our debt and now theirs too.

Also reminds me of the movie Rounders where Teddy KGB tells Mike that he's paying him back with his own money.

What's worse: borrowing to pay another nation's debt, or borrowing to give it away?  I've always said that we need to cut ourselves out as the middleman.  Israhell, for example, can get it's daily stipends directly from the Saudis.

Mon, 04/14/2014 - 10:29 | 4656684 Haus-Targaryen
Haus-Targaryen's picture

Chuck NOrris

Mon, 04/14/2014 - 10:32 | 4656701 intric8
intric8's picture

I expected the IMF to make the first (and only) move. If Ukraine honors debts the way they historically have with their russian obligations, the us taxpayer will be funding their gas consumption for quite some time. This is a sly move on the part of the us. We should be outraged.

Mon, 04/14/2014 - 12:22 | 4657220 ParkAveFlasher
ParkAveFlasher's picture

That's OK.  I have Con Edison, and I live in NYC, which means I'm used to overpaying for natural gas anyway, and who knows where that money goes.  "We estimated your usage based on our stupendilious bullshit calculatoratrix, no sense arguing!". 

What really awes me, though, is that wage increases correlate very precisely with cost-of-living increases in things like energy, as if it is all part of the same rubber band pulley mechanism of centralized pricing and cash movement.  Suck-n-blow plumbing of exponential granularity but simplicity of concept, perfectly harmonized to convert wage earners into valves of varying apertures and flow capacities and so forth in much the same way as instruments in a fine symphony of debt enslavement. 

Those who have net worth are being pushed to an edge, but they never have to fall over it, it is not an inevitable plunge.

Mon, 04/14/2014 - 10:33 | 4656708 Stoploss
Stoploss's picture

The muslim just bailed out a christian.....  LOL!!!

Mon, 04/14/2014 - 12:42 | 4657294 Uncle Remus
Uncle Remus's picture

This isn't a precedent.

Mon, 04/14/2014 - 11:00 | 4656834 813kml
813kml's picture

Putin thought bubble:  "It's like taking candy from baby."

Mon, 04/14/2014 - 11:18 | 4656915 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Putin thought bubble: ..make that a crack whore baby

Mon, 04/14/2014 - 10:31 | 4656680 nope-1004
nope-1004's picture

Cuz the US is spineless and without diplomatic leverage.  The only leverage the US has is a printer, and even its days are numbered.  When perceptions of the validity of these printing episodes to cover up diplomatic inadequacy are questioned, the US will be exposed for what it is: a bunch of fat lazy gamers living in their parents basement.

 

Mon, 04/14/2014 - 13:11 | 4657336 Kirk2NCC1701
Kirk2NCC1701's picture

Disagree.  If the US were spineless, they never would've planned, sponsored and funded the Maidan uprising, nor stirred the pot with the Russians.  Nor beaten the EU into toeing the US Neocon hardline -- the same "Fuck NATO" that Nuland referred to.

What the US is doing, is "buying time" to keep the UST sale crisis from going MSM.  Recall that just about the only "foreign" buyer of our Debt is Brussels (ECB), which is swapping Debt notes with the US and vice versa.  They have become each other's "lender of last resort".  The US is simply "ante-ing up", else it has to show or fold with the USD.

If they succeed in (a) dividing an emerging EU-Asian alliance and currency rebalancing, and (b) sucker the Russians into a war, then...

1. The USD gets a reprieve, a stay of execution.  Unless Russia + China go "hot" in the currency war and back things with gold -- and perhaps with carbon-fuels. 

   Folks, get educated and read up everything you can on the Jim Rickards site: http://jimrickards.blogspot.com/.  Until you do, you just won't have a grasp on what's really going on with gold, currencies and the USD.  Am a huge fan of his:  brains + education + experience + clarity + level head.  Met him, nice guy.  Genuine.

2. The MIC/DOD does not get Budget cuts, but budget increases.  Bullish for lots of careers and lifestyles.

3. All the beneficiaries of QE get to stay on the Gravy Train a bit longer.

4. Along with consequence #1 above, the US+UK get to prevent the budding EU-Asia economic alignment, and get to keep calling the shots to the EU.  It's a Zero-sum game.

 

With the passage of enough time (2-4 years), the African pipelines will run via Spain and Itay, and supply the EU, to replace the Russian ones.  That would crush their economy and Putin with it.  The Russians know this, so they must front-run by forcing the Dollar showdown very, very soon.  Like "2014-2015" soon.  2016 will be too late for them and for China.  I'm guessing/betting on things getting kicked off in May (Putin in China), and picking up steam after that... Iran, India... 

That would be the worst-case scenario for the US Neocons, who are (in turn) trying to front-run this.  Hence, Ukraine is their "desperation" move, but trying to project it on Putin as his "desperation" move.  It's all smoke, mirrors in the Deception Palace (Langley), the WH and State Dept.

Mon, 04/14/2014 - 10:31 | 4656695 booboo
booboo's picture

Appears Ukrainian Finance Minister Shlapak missing all of his fingers on his left hand?

Tue, 04/15/2014 - 09:39 | 4660415 fallout11
fallout11's picture

Cut off by Russians for being late with the payment, perhaps?

Mon, 04/14/2014 - 11:06 | 4656865 mtndds
mtndds's picture

Why not help out Detroit or any other American city that is suffering?  This is pure bullshit.  We are bailing out OTHER COUNTRIES now?!  This is really ASS-BACKWARDS!  

Mon, 04/14/2014 - 11:23 | 4656936 HardAssets
HardAssets's picture

We have been bailing out others for a long time. Back during the 2008 crash untold sums were secretly sent to rescue European banks.

And they tell us 'Ya gotta pay your debts, you know ?'

To them, Americans are just cattle to be exploited.

 

Mon, 04/14/2014 - 13:26 | 4657430 Kirk2NCC1701
Kirk2NCC1701's picture

Detroit is "foreshadowing", the "Ghost of Christmas Future", so to speak:  When the NWO Globalists/Neocons have the world in their grip, and a true NWO is officially declared, all sorts of things will change.  Not all for the better.  We'll get neo-Feudalism - Feudalism 2.0, as it were.  Meet your New Masters: same as your Old Masters of the 1800s.

There will be nothing stopping them from having more cities turning into 'Detroit'.  People can mock Detroit all they want, but eventually most big US cities turn into 'Detroit' after the Global Reset.

ps. I didn't junk you.

Mon, 04/14/2014 - 13:34 | 4657473 Bunga Bunga
Bunga Bunga's picture

... but but but it's for da freedom and democracy they do not have and we have too much of that.

Mon, 04/14/2014 - 11:30 | 4656974 johnnyarrowmaker
johnnyarrowmaker's picture

So as I see it, Putin persuades America to give Ukraine $1bn, who promptly passes it on to ...

Vlad the impaler!

In return, the USA shuts three Macdonalds in Crimea. That'll teach him.

Mon, 04/14/2014 - 12:00 | 4657103 drendebe10
drendebe10's picture

WTF? ??  Take it out of yhe politician turds and gummint bureaucrats pay!!!

Mon, 04/14/2014 - 22:49 | 4658043 Jumbotron
Jumbotron's picture

Why?

Because the Spice must flow.  Europe demands it.  Screw over Europe's economy by spiking up their energy costs and you screw up Europe's economy.  Screw up Europe's economy and you screw up their banks and you screw up their banks they call in their loans to the U.S......

.......and then OUR economy gets screwed up.  Well......even MOAR than it is now.

It's in our National Security interest.....and it's for the children.

Mon, 04/14/2014 - 10:25 | 4656665 SilverIsKing
SilverIsKing's picture

How much did this cost me?

Mon, 04/14/2014 - 10:27 | 4656676 ParkAveFlasher
ParkAveFlasher's picture

It costs you nothing if you do not sell right now.

Mon, 04/14/2014 - 10:28 | 4656683 lolmao500
lolmao500's picture

Since about half of Americans pay taxes, about 6$...

Mon, 04/14/2014 - 11:05 | 4656862 robertocarlos
robertocarlos's picture

Everybody payts taxes. Everybody. And the biggest beneficiaries of taxes are the rich.

Mon, 04/14/2014 - 11:25 | 4656957 HardAssets
HardAssets's picture

Yep . . . look at your phone bill, gas bill, the price of any number of items.

And that doesn't even include the biggest long term 'tax' of them all - - - money printing inflation that has erroded the value of the dollar 97% over the last century.

We are getting reamed.

Mon, 04/14/2014 - 10:49 | 4656759 ChanceIs
ChanceIs's picture

Hmmmmmm.  The country has spent about $3 billion per annum on the Low Income Housing Energy Assistance Program (LIHEAP) averaged over the last eight years:

http://upload.wikimedia.org/wikipedia/commons/c/cd/Lhhist2.jpg

I think it only just that since we print money at a $85 billion per month rate, to pay for the 50% on the dole to supplement their gas costs amongst other things, we should run off another measley $1 billion do the same for Ukraine.  It isn't as if we know anybody there, but nevertheless, we have an obligation.  And it isn't as if the money will go straight to Putin, and we won't raise rates because of our generous donation.  Just wait until he demands that the $2 billion Ukraine now owes him should be paid in gold or rubbles.

The other upside is that if we pay to heat their homes, they won't come here and be illegal aliens.

Mon, 04/14/2014 - 10:25 | 4656666 nmewn
nmewn's picture

Great, another welfare dependent.

Print Moar!

Mon, 04/14/2014 - 11:14 | 4656893 813kml
813kml's picture

You break it, you buy it.

Mon, 04/14/2014 - 12:42 | 4657281 krispkritter
krispkritter's picture

Does this mean they'll ship hot Ukrainian chicks over here for us taxpayers? I mean we are footin' the gas bill and there's more than one way to keep one warm. And if we're getting screwed out of our tax dollars, I'd like to really get screwed out of my tax dollars.

Mon, 04/14/2014 - 10:26 | 4656668 lolmao500
lolmao500's picture

While Obama is trying to start the American civil war 2.0...

http://nation.foxnews.com/2014/04/09/obama-requests-11-billion-gun-contr...
Obama Requests $1.1 Billion for Gun Control

"Now is the Time" includes the following:

1. Require background checks for all gun sales.

2. Strengthen the background check system for gun sales.

3. Pass a new, stronger ban on assault weapons.

4. Limit ammunition magazines to 10 rounds.

5. Finish the job of getting armor-piercing bullets off the streets

6. Give law enforcement additional tools to prevent and prosecute gun crime

7. End the freeze on gun violence research

8. Make our schools safer with new resource officers and counselors, better emergency response plans, and more nurturing school climates.

9. Ensure quality coverage of mental health treatment, particularly for young people.

Mon, 04/14/2014 - 10:32 | 4656702 pods
pods's picture

More tyranny FTMFW.

Law enforcement additonal tools?  Like MRAPs and forced colonoscopies are not enough?

Government is getting nervous..................

pods

Mon, 04/14/2014 - 10:35 | 4656714 nmewn
nmewn's picture

They floated some drivel last week about making guns that can only be fired by the gunowner, wearing a bracelet that communicates with the gun, or some such nonsense.

Because no one ever disarms a criminal who bought it "legally" to hold them at gunpoint or kill them for pulling out their knife knowing it won't fire now or the wife & kids are never at home alone when some creep breaks in.

Yeah, pure fucking geniuses.

"Just fire a blast off the balconey Jill!!! I'll be home in a minute!"

Mon, 04/14/2014 - 10:51 | 4656783 ChanceIs
ChanceIs's picture

I never met a 3D plastic gun printer I didn't like.

The stupid, you can smell it and cut it with a knife.

Mon, 04/14/2014 - 11:03 | 4656856 Stoploss
Stoploss's picture

7. End the freeze on gun violence research

 

That will never ever ever ever ever happen.

Mon, 04/14/2014 - 11:17 | 4656894 Bill of Rights
Bill of Rights's picture

According to The Washington Beacon, Obama's $1.1 billion "[includes] $182 million to support the president's 'Now is the Time' gun safety initiative."

"Now is the Time" includes the following:

1. Require background checks for all gun sales. ( Has already happened )

2. Strengthen the background check system for gun sales. ( Has already happened )

3. Pass a new, stronger ban on assault weapons. ( Has already happened )

4. Limit ammunition magazines to 10 rounds.( Has already happened in some States )

5. Finish the job of getting armor-piercing bullets off the streets ( Hence the massive Ammo buy of Hollow points buy .gov )

6. Give law enforcement additional tools to prevent and prosecute gun crime ( We are already a Defacto Police State and Obama wants more )

7. End the freeze on gun violence research ( Waste of money as most research is pure BS and Biased to the gun grabbers )

8. Make our schools safer with new resource officers and counselors, better emergency response plans, and more nurturing school climates. ( We are already a Defacto Police State and Obama wants more )

9. Ensure quality coverage of mental health treatment, particularly for young people. ( STOP HANDING OUT MEDS LIKE CANDY!

Mon, 04/14/2014 - 11:21 | 4656930 rsnoble
rsnoble's picture

Fuck these morons.

Mon, 04/14/2014 - 13:11 | 4657395 Orps
Orps's picture

Hollow point bullets are not armor piercing.  Some larger caliber armor piercing bullets do have hardened penetrators fully imbedded in the bullet, but the tips of these bullets are still pointed and none are designed to enlargen their frontal surface areas upon contact with a target like hollow point bullets are designed to do.  Any hollow nosed bullet is specifically designed to NOT carry the highest amount of through the target; rather they are designed to transfer the maximum amount of kinetic energy TO the target via expansion of their frontal surface area.  It is physics.

Mon, 04/14/2014 - 14:00 | 4657556 LFMayor
LFMayor's picture

math is so, well, hard!  No division of square roots in poly-sci field though!

Mon, 04/14/2014 - 14:04 | 4657545 Kirk2NCC1701
Kirk2NCC1701's picture

lolmao500, I don't disagree, but until shown otherwise, I remain sceptical as to this "American Spring" stuff.

If the Bundy Ranch incidence has shown me anything, is that even such an injustice and tyranny did not cause our gun-toting nation to do more than talk and buy more G+A. 

/ Your honor, may I present Exhibit A: https://www.youtube.com/watch?v=fPvHV6A_84Q  What we see is the "MPEG war" going hot, not Pb going hot:  There's a whole lot of 'shooting' going on, alright.  "Guys, stand back, keep filming, keep shooting!" /sarc

IMO, people in countries like Tunisia, Egypt, Libya, Ukraine, etc, have more "balls" than the chest-beating gun-toters in the US.  Lack of guns is not preventing them from demonstrating and overturning a corrupt and unjust government.  In the US, by contrast, people "vent" by going out and buying more G+A, or blowing off steam on a gun range.  Bullish for G+A business models and exec bonuses, the way I see it.  Bearish for an "American Spring".

The closest we came in the US, was with "Occupy Wall St", and those were a bunch of pussies"  No goal, no plan, no focus.  Just therapeutic venting, like at a therapy meeting.  They may not have had guns + Jack Daniels to give them faux-courage, but at least they showed up and risked getting arrested and pepper-sprayed.  Which is more than I can say for these "right wing militias".  Pfff!  As they say in Missouri:  Show Me!

Prediction: NOTHING substantial will happen in the US until AFTER the Global Reset in currencies, and TSHTF in the US.  As idealistic as Americans think they are, they will NOT rebel en-masse until their food stamps and Sec.8 rents get cut, and Medicare and grandma's OAS gets cut.  Until that happens, I politely direct people to watch a George Carlin clip on "American Bullshit".

Mon, 04/14/2014 - 10:26 | 4656673 Hubbs
Hubbs's picture

Talk about schizophrenia!

Mon, 04/14/2014 - 10:26 | 4656674 Counterbalance
Counterbalance's picture

Who's going to convert those FRN's to ruble's for Vlad?

Mon, 04/14/2014 - 10:28 | 4656681 MrTown3
MrTown3's picture

But I'm supposed to pay my student loan back? Get the fuck outta here...

Mon, 04/14/2014 - 11:11 | 4656748 Tengri Temujin
Tengri Temujin's picture

Just wait till hyperinflation kicks in, you will be able to pay back for it with a one million dollar bill in no time, by that way that one million dollar bill would also buy you one loaf of bread or one liter of gasoline.  Welcome to the Weimar DC Republic

I see from the pic that Lew is in Ukraine from the plugs on the wall.  This means that all the beauracrats are going to Kiev for the HOT CHICKS, after Brennan got the word out.  Its a lot better to screw these girls in real life than video sex from your Washington DC office.

Mon, 04/14/2014 - 10:53 | 4656800 MansaMusa
MansaMusa's picture

I'm with you, to hell with thoe student loans.  Jack Lew can have em

Mon, 04/14/2014 - 10:53 | 4656801 Baby Eating Dingo22
Baby Eating Dingo22's picture

Now that spring has sprung, I wonder how many of America's poor just had their gas and utilities shut off due to non-payment?

At least send some Ukranian hotties over to start working it off

Mon, 04/14/2014 - 11:16 | 4656907 813kml
813kml's picture

There's a silver-lining to every nightmare.

Mon, 04/14/2014 - 10:28 | 4656686 dogismycopilot
dogismycopilot's picture

question:

what are some money making ideas that can come out of this Ukraine situation? (seriously)

Mon, 04/14/2014 - 10:30 | 4656693 ParkAveFlasher
ParkAveFlasher's picture

Broken windows!

Mon, 04/14/2014 - 10:46 | 4656752 Tengri Temujin
Tengri Temujin's picture

Use tire recycling, heck seems like these Ukes have so many tires they can burn them to stay warm in the winter, who the heck needs gas.

I can see it now, USA school drives for used tires, even bicycle tires for Ukraine, and you also get a bracelet that looks like a tire to show you support the TIRES FOR KIEV campaign, to keep the Ukes warm this coming winter.

Mon, 04/14/2014 - 11:40 | 4657012 StupidEarthlings
StupidEarthlings's picture

Long goodyear,firestone and cheng shin?

Mon, 04/14/2014 - 10:34 | 4656710 bluskyes
bluskyes's picture

short the UAH

Mon, 04/14/2014 - 10:37 | 4656726 SumTing Wong
SumTing Wong's picture

Gold, bitchez. In times of war, the risk off plays come into play. You might also think about oil or natural gas. 

I'd also fill up your gas tank, buy some extra food, and maybe think about a few firearms and the appropriate ammunition for them. Most of us on here just said check, check, and check. 

Mon, 04/14/2014 - 10:38 | 4656730 ricky663
ricky663's picture

An obvious one is long Gazprom

Gazprom OAO

(MCX:GAZP)

Mon, 04/14/2014 - 11:03 | 4656855 813kml
813kml's picture

Well, Ukrainian women are considered by many to be the most beautiful in the world.  There's gotta be a business plan in there somewhere.

Mon, 04/14/2014 - 14:33 | 4657653 HardAssets
HardAssets's picture

I've been to Ukraine, including Kiev. Unfortunately, I was married at the time.  I don't know if they are the 'most beautiful in the world', but there were lots of gorgeous young women in Ukraine. They were natural beauties with not all the war paint you find on some women in the west.

Mon, 04/14/2014 - 10:30 | 4656688 Chuck Knoblauch
Chuck Knoblauch's picture

See how happy everyone is now?

Rape and pillaging can commence.

Media blackout and no-fly zone will be enforced.

Must settle this before Bilderberg meets in Denmark.

Mon, 04/14/2014 - 10:30 | 4656689 LawsofPhysics
LawsofPhysics's picture

After all kinds of abuse over the last 150 years, Russia/Russians know one thing really well, specifically that when fraud is the status quo, possession is the law...

who runs bartertown motherfuckers?

Mon, 04/14/2014 - 12:45 | 4657310 Uncle Remus
Uncle Remus's picture

The name's Putin - Vlad Putin.

Mon, 04/14/2014 - 10:30 | 4656691 SoDamnMad
SoDamnMad's picture

Did we give Pavlo Lazarenko residency (guess he donated some of the 200 mil he stole from Ukraine to the DNC)?

Mon, 04/14/2014 - 10:31 | 4656694 22winmag
22winmag's picture

Geither looks like a rat.

 

Lew acts like one.

Mon, 04/14/2014 - 10:48 | 4656773 Tengri Temujin
Tengri Temujin's picture

And Obamma appoints them...and puts them in charge of the Cheeese dollars.

Mon, 04/14/2014 - 10:31 | 4656696 MountainsRoam
MountainsRoam's picture

The good ole USA leadership has been taken over by people that need to be locked in padded rooms.. The stupidity levels are no longer measurable haha

Mon, 04/14/2014 - 10:49 | 4656776 Tengri Temujin
Tengri Temujin's picture

How about HUNG in the public square like Mussolini.

Mon, 04/14/2014 - 10:32 | 4656699 HRamos_3
HRamos_3's picture

Nice, now to expell all Russians in Ukraine.

Mon, 04/14/2014 - 10:32 | 4656703 Seasmoke
Seasmoke's picture

What the fuck are you all doing here posting....get to work, you need to pay for this $1 BILLION !!!

Mon, 04/14/2014 - 10:38 | 4656727 Dr. Engali
Dr. Engali's picture

Relax.... This 1 billion is on our childern's children.

Mon, 04/14/2014 - 14:41 | 4657670 HardAssets
HardAssets's picture

Dr Engali:  "Relax . . .  This 1 billion is on our children's children."

 

""It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world." - - Thomas Jefferson

 


Mon, 04/14/2014 - 10:39 | 4656711 TaperProof
TaperProof's picture

Gold UP on the news. 

Mon, 04/14/2014 - 10:35 | 4656716 SDRII
SDRII's picture

Yes well here is what Putin thinks of Loan guartantees: from last week

 

US loan guarantees to help Ukraine are worthless - Putin

 

Washington's offer to provide $1 billion in loan guarantees to help Ukraine is worthless as there are no banks willing to finance the recovery of crisis-hit country, President Vladimir Putin said Friday. Putin called Washington's negative response to his letter addressed to European leaders, which contains proposals on how to solve the Ukrainian crisis, "a bit strange" as the United States was able so far only to offer guarantees rather than actual loans.
Read more: http://voiceofrussia.com/news/2014_04_11/US-loan-guarantees-to-help-Ukraine-are-worthless-Putin-1085/

 

 

Fed to launch UNGABF in 3...2...1..

 

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