205
Biden Administration Backs Legislation to Seize Frozen Russian Assets
(www.bloomberg.com)
News from around the world!
Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc
Why only Russian Assets? There are probably a few $Trillion assets in tax-shelters within America's own borders. Charities, Churches and Foundations, and that's before you even get to shell companies and holding companies.
More then enough money to pay for literally anything, including paying down the federal deficit if you don't understand monetary policy and you feel like that is important for some reason.
Because you can't do self-harm. The state would never allow for its own hand to be cut off. Russian assets are from a whole different pool of capitalists.
But your missing a step. You need a bill to make that illegal before you can support a bill for the government to seize it.
These are frozen Russian assests. There is an interloctary injunction on this money. That's why it is simpler to seize this money than to start seizing money from churches.
Edit: I'm sure as shit with you that we should start collecting money from churches, but this isn't that.
Because Russia is the one killing Ukrainian civilians and should be the first to pay reparations?
I'm pretty sure executives at Lockheed, McKinsey, Honeywell, as well as the senators on the FISA court who authorize civilian targeted drone strikes also have foundations here in the US that we can and should draw reparations from as well.
Let's not forget the late Henry Kissinger as a board member for the National Endowment for Democracy or Kissinger and Associates Board, that should certainly be on the list too.
You asked why we're going after Russia first. I gave you the literal answer.