Slava Slush Fund: despite economic crisis, Congress readies $12 billion more for Ukraine + More

U.S. has now allocated over $80 billion to Kiev.

Sure, financial markets and national currencies are imploding worldwide, but the military industrial regime needs to keep churning, and that means pumping more money into the Slava Slush Fund.

Slava Slush Fund: despite economic crisis, Congress readies $12 billion more for Ukraine

Related:

There’s no debating it: Biden will get billions in new Ukraine aid

“Oversight of Ukraine aid is sorely needed,” Julia Gledhill, a defense analyst for the Project on Government Oversight (POGO), tells Responsible Statecraft. “The State and Defense departments are handling billions of dollars in Ukraine funding, but neither have permanent inspectors general in place to investigate and prevent abuse of funds.”

Senate advances spending bill for Ukraine with $12 Billion

After the Senate invoked cloture for the legislative vehicle to carry out the CR, it will now be up for a full vote by the Senate. The House will next vote on it, likely on Friday.

Report: US Preparing $1.1 Billion Arms Package for Ukraine

The weapons package will likely include HIMARS rocket systems, HIMARS ammunition, counter-drone systems, radar systems, training, and technical support.

The arms package is expected to be provided to Kyiv using the Ukraine Security Assistance Initiative (USAI) as opposed to sending the arms directly from US military stockpiles. The USAI allows the Biden administration to purchase military equipment for Ukraine from the US arms industry.

US Treasury recommends exploring creation of a digital dollar

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar. Administration officials say it’d help reinforce the U.S. role as a leader in the world financial system.

US Treasury recommends exploring creation of a digital dollar

H/T: PFYT2

Related:

A digital dollar would allow Americans to directly open up an account at the Fed

And while some have suggested that the Fed could potentially launch a digital dollar on a public network like Ethereum, Luther suspects that it would instead choose to launch on its own dedicated blockchain.

“A public blockchain would limit the government’s ability to control access and monitor transactions. I am not convinced it will give up control and oversight, even if doing so would be in the best interest of society.”

Fed’s Powell: a U.S. digital dollar could help maintain international primacy

The development of an official digital version of the U.S. dollar could help safeguard its global dominance as other countries issue their own, Fed Chair Jerome Powell said on Friday, weighing in with generally positive remarks on a hot-button topic at the central bank that has left policymakers divided.

Ten countries have already launched central bank digital currencies and another 105 countries are exploring the option, according to the Atlantic Council, leading to fears the dollar could lose some of its dominance to China.

“Most transparent administration in history” stops publishing military expenditures, arms transfers report

“Most transparent administration in history” stops publishing military expenditures, arms transfers report

They make no mention of Hunter Biden’s Burisma dealings but emphasize his business deals with a defunct Chinese business. 🙄

Related:

Euromaidan 2014 – Orange Revolution – War in Donbass

The Truth About Ukrainegate

Biden to name a US military operation for Ukraine

By Kelley Beaucar Vlahos | Responsible Statecraft | August 26, 2022

Amid the news about the admin’s multi-year weapons investment, a general will be appointed for a separate command, too.

Two things that point to the notion that Washington is supporting a long war in Ukraine, and truly doesn’t think there will be a diplomatic solution or cessation of violence there anytime soon: one, the $3 billion in recently announced military transfers is a “multi-year military investment” including weapons that won’t be available via defense contractors for at least three years.

Biden to name a US military operation for Ukraine

Leaked NSO Group Presentation Details Malware’s Ability To Turn On Cameras, Mics To Surveil Targets

from the just-because-it’s-illegal-domestically-doesn’t-mean-you-can’t-profit-from-it dept

Fri, Aug 12th 2022 03:45pm – Tim Cushing

Israel’s foremost purveyor of malware, NSO Group, has undergone nearly a yearlong reckoning. A leak last summer appeared to show NSO customers were routinely targeting journalists, activists, members of opposition parties, and, in one case, the ex-wife of a Dubai ruler.

Leaked NSO Group Presentation Details Malware’s Ability To Turn On Cameras, Mics To Surveil Targets