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Rand Paul Criticizes Loan To Ukraine As A 'Gift' To Russia (video)


Sen. Rand Paul (R-Ky.) came out Wednesday against loans for Ukraine, because he believes the money would benefit Russia.

"The loan assistance I believe will be a gift and a benefit to Russia," he said. "Ukrainians owe about $20 [billion] to $30 billion to the Russians, both to private Russian banks as well as to the gas entity in Russia."

"I think it sends the wrong signal," he said. "Ukrainian debt is rated CCC-," he said, adding that there was "no expectation that they could pay it back."


Paul offered an amendment to strike the loans, which subsequently failed on a voice vote. (A request for a copy of the amendment was not immediately returned from Paul's office.)

Sen. Bob Corker (R-Tenn.) politely rebuked Paul. "While Russia may be a creditor, Ukraine has lots of creditors and somehow or another, they've got to make a transition from where they are."

"The worst thing we could do right now is to say, 'We aren't going to assist you,'" said Sen. John McCain (R-Ariz.).

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Alright Allison...

Vote for him or no, would you rather him not be there to say this?


Ron Paul Channel

today. Dr. Paul said that the Ukraine is about 35 billion in debt and that the first billion the US just gave is going to the bankers. This fits right in with Rand's comment.

So...we're lending them money

So...we're lending them money that we loan from China that ultimately is going to fall in the laps of the tax payers. Great plan guys.

here's a tube

of Rand in action today


SteveMT's picture

I listened to this clip and thought there is hope.

I don't believe that Ron Paul could have said this any better than Rand did here. This video is the meat of your post, so it was put right into your thread. Thanks for posting.