Wait what? Listen to this one…
Via CNBC:
As Western leaders prepare a bailout package for embattled Ukraine, they face a startling irony: Thanks to the almost bizarre structure of a bond deal between Ukraine and Russia, billions of those dollars are almost certain to go directly into the coffers of the Putin government.
As CNBC has reported, some aid money is bound to go into Russia as a result of energy trade and other economic factors. But the situation is actually much more acute than just that: An existing agreement between the two countries makes an immediate, direct transfer from Ukraine to Russia legally enforceable.
So any aid should really consider this. But Harry Reid would probably accuse actual thinking and reasoning behind the terms of a bill as being “Koch-inspired”.
HT: Wounded Dove