Every time Brussels tries to stick it to Putin, it’s somehow always the people who seem to get the shaft
Wait a second, Eurobozos! I mean this as a verb—like to halt and pause—not as the noun that’s a synonym for the actual bank robbery they’ve been plotting.
Apparently, this needs to be made clear, so they don’t feel emboldened to keep using the broad authority of their executive role, even though they openly have serious doubts about their own citizens supporting their actions.
This was the situation on December 18 and 19 when EU leaders gathered to figure out how to magically extract another large sum of money they don’t currently have for Ukraine from the back of their clown suits.
French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni highlighted the obvious during their EU summit, as reported. Specifically, that persuading their own voters to send more money to Ukraine could be difficult. It doesn’t help that the chances of repayment are pretty much like getting loose change from a person in a hoodie who’s treating the whole world like a big begging spot.
Then the European Central Bank interjected, essentially saying “don’t look to us,” and made it clear they wouldn’t back any plan the EU ended up devising, as Politico reported. “Monetary financing isn’t permitted by the treaty,” stated ECB head Christine Lagarde. “You can’t expect me to pre-approve a mechanism involving monetary financing. That’s pretty clear.”
But it’s not obvious to these Euro jokers, since they probably can’t see well through their black ski masks.
After 15 hours of arguing in a parked clown car, they finally decided that seizing Russian assets in their own banks might lead to legal troubles—maybe because Russia had already started legal proceedings. So they opted for one of their tried-and-true methods: robbing their own taxpayers. Every time they target Putin, it’s Europeans who end up bearing the brunt.
“Today we greenlit a decision to give Ukraine €90 billion over the next two years. Urgently, we’ll provide a loan backed by the EU budget,” said Antonio Costa, president of the 27-member European Council.
Their major achievement was agreeing to give Ukraine another €90 billion over two years by using what they call “EU budget headroom,” as reported. So now the plan is to take on more debt by borrowing more on capital markets. Their budget has about as much “headroom” as a 6’6″ person trying to squeeze into a Fiat.
These schemes always begin with grand talk of making Russia pay, but then end with EU taxpayers footing the bill while being told it’s a big win. But now the tough part is: selling this self-defeating move to the EU public.
To start this marketing effort, there’s already victory confetti all over inside the clown tent, even though they really just sound like college kids trying to persuade their parents—or the taxpayer here—to think that splurging their money on an unrestricted Spring Break-like binge in Kiev is a really good investment, while the Americans are focused on reaching peace as fast as possible to start making money.
Recall their big plan from the past few weeks? The one where they were going to just take Russia’s money and use it? It’s funny how that disappeared. No one’s been shouting “What a historic success it would be to plunge ourselves another €90 billion into debt.” No, their goal was to find a way to keep funding the military-industrial complex by making Russia pay. They weren’t even interested in just making a profit from frozen assets anymore; instead, they wanted to drag the entire Russian money source into the kitchen and slice it up to impress their protégé, Zelensky.
That dream hit a snag when Belgium, where Euroclear—custodian of those assets—is based, stated it didn’t want to be part of a future court case that might land it in the history books under “world’s dumbest financial crooks.”
Hungary, Slovakia, and the Czech Republic have also just announced they’re completely passing on the chance to further burden their national debt for this—putting EU leaders in an awkward spot when voters in these countries start sharing notes.
And to give some context, the International Monetary Fund says Ukraine needs at least €135 billion over those two years, so the EU is still lacking. And based on this plan, they’re literally running out of places to look for loose change.
But for now, they’re calling it a victory. Another meticulously staged celebration of failure, funded by the same taxpayers who never get an invite to the party. They’re just supposed to show up after the wild party to pay for the cleanup.