WAR IN UKRAINE

I found this to be extremely interesting as to its implications for peace talks.

"During the May 3 interview, the pope went on to reflect on the roots of the war, saying that "the barking of NATO at the gates of Russia" likely motivated Putin's aggression against Ukraine. "

www.ncronline.org/news/vatican/pope-fran...ed-meet-putin-moscow

If I was Putin, I would feel threatened. Even more so now, since it looks like Sweden and Finland will join NATO soon. Remember America freaked out when the USSR deployed atomic weapons in Cuba?

I don't understand the logic in Biden's promise to forever supply weapons and money to Ukraine while Putin has threatened a nuclear response. On one hand they say Putin is crazy and dangerous, but on the other hand there is no concern that he would attack us or allies with nuclear weapons.

Now even Kim is threatening nukes again. The way Trump delt with these scumbags was unconventional but we were not having to worry about a nuclear war (unless you watched MSNBC or CNN and your head was filled with garbage).

The following letter to the editor was published in the Wall Street Journal (the electronic edition requires a subscription) May 6, 2022.
I found it to be thought provoking in light of the situation in the Ukraine.

"During a sermon I heard many years ago, the priest postulated: “Is the normal state of the world peace interrupted by war, or is it war interrupted by periods of peace?” When I mentioned it to him some years later, he didn’t remember having said it. I will never forget it.

David Bredhold

Louisville, Ky

It has been a good thing for the world that there have been no major wars since the 1940's. Almost 80 years of "mostly peace". Looks like this war in Ukraine is going to disrupt the worldwide economy as much as Covid-19. Energy prices skyrocketing as the world weans itself off Russian oil. Farmers are weaning themselves off Russian petrochemical fertilizer. Ukraine and Russia farmers aren't able to get their product to the world market. Expect food riots in Asia, Africa, and the Arab world.
We showed that bully Putin! And the poor of the world will pay the price.

FredHayek wrote: Looks like this war in Ukraine is going to disrupt the worldwide economy as much as Covid-19.

I think you're off by trillions of dollars. Nothing hurts an economy more than shutting it down and firing people who don't comply. Then you add the kneecapping to our energy sector that effects the entire world, What our government did to THIS country alone will end up making a lot more people poor and will be responsible for a lot more deaths than the Russia/Ukraine war. The data desn't lie and the evidence is piling up fast.

Here is another "Oh, By The Way" that the MSM is not reporting:

www.bloomberg.com/news/articles/2022-05-...s-to-dump-foreign-pc

"China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within two years, marking one of Beijing’s most aggressive efforts so far to eradicate key overseas technology from within its most sensitive organs."

Bill Gates in having a bad time, first he tells us that Covid was overestimated in its severity and now he is losing THE 50 Million + Windows PC sales in China.

Rick wrote:

FredHayek wrote: Looks like this war in Ukraine is going to disrupt the worldwide economy as much as Covid-19.

I think you're off by trillions of dollars. Nothing hurts an economy more than shutting it down and firing people who don't comply. Then you add the kneecapping to our energy sector that effects the entire world, What our government did to THIS country alone will end up making a lot more people poor and will be responsible for a lot more deaths than the Russia/Ukraine war. The data desn't lie and the evidence is piling up fast.

[/b]

AHEM....... WHO INITIATED THE ACTION??????

thehill.com/policy/finance/3478647-a-tim...he-covid-19-economy/


As coronavirus cases started to creep into the United States, President Trump signed the first COVID-19 package, the Coronavirus Preparedness and Response Supplemental Appropriations Act.

The measure doled out $2.5 billion in aid to local governments and international communities and offered funds to assist research for a vaccine.

But cases spread rapidly. And as sports leagues declared shutdowns in mid-March, the U.S. economy did the same. Restaurants, entertainment venues and retail stores were among the thousands of places to shut their doors to try and slow COVID-19’s spread.

The unemployment rate spiked as millions were out of work.

Initial unemployment claims surged from 281,000 early in the month to 3.3 million by March 26.

Overall, the economy shed more than 850,000 jobs in March 2020 before a whopping 20.5 million were lost in April, leading to the unemployment rate climbing all the way to 14.7 percent.

On March 27, Trump signed a $2 trillion COVID-19 relief bill, the CARES Act, which gave each adult in the U.S. a one-time payment of $1,200 and added another $500 for every child.

Money was also provided to different business sectors, and small businesses were granted billions of dollars in loans and grants to counter the blow of the pandemic.

The COVID-19 economy after the initial shock

The unemployment rate in April was the peak during the pandemic and thousands of businesses were forced to close their doors, many for good.

Trump signed another $484 billion in coronavirus aid at the end of the month to help small businesses and provide funding to hospitals and for COVID-19 testing.

May, June and July saw the unemployment rate remain above the 10 percent mark, with little aid coming from the federal government.

When the unemployment rate finally dropped below 10 percent to 8.4 percent in August, Trump signed executive orders releasing new measures to help Americans who were still struggling economically.

The orders included measures to create the Lost Wages Assistance program and extend the moratorium on student loan payments.

The unemployment rate steadily declined through the rest of the year as people got back to work, hitting 6.7 percent in December when the first COVID-19 vaccines were distributed throughout the U.S. for the elderly or high-risk people.

At the same time, Congress agreed on another stimulus package for the U.S. that cost $900 billion.

That package gave direct checks of $600 to Americans, expanded the timeline for unemployment benefits, extended the eviction moratorium, and offered more money for small businesses and industries that were hit hardest during the pandemic.

Data showed that 2020 was the worst year for economic growth since 1946, with the economy shrinking by 3.5 percent.

The economy surges and threatens to overheat under Biden

FredHayek wrote: It has been a good thing for the world that there have been no major wars since the 1940's. Almost 80 years of "mostly peace". Looks like this war in Ukraine is going to disrupt the worldwide economy as much as Covid-19. Energy prices skyrocketing as the world weans itself off Russian oil. Farmers are weaning themselves off Russian petrochemical fertilizer. Ukraine and Russia farmers aren't able to get their product to the world market. Expect food riots in Asia, Africa, and the Arab world.
We showed that bully Putin! And the poor of the world will pay the price.

AHEM,20 of the years were vicious Vietnam folly......altho NOT declared a war,what would u define those
years as????

homeagain wrote:
AHEM....... WHO INITIATED THE ACTION??????

Come on HA, you're smarter than that even if you don't want to admit it. Trump, like everyone else, was new to this pandemic. He was not on board for lengthy shutdowns. He was not for firing people who refused to take the shot. He was responsible for our energy independence and Biden reversed it immediately, which was a major factor that started this inflation. Think about it, it was Biden and Democrats that villified people who would not comply and had no problem forcing children to stay home because the teacher's union demanded it and even influenced the CDC. You can post all the anti-Trump articles you want but you can't change history. It's your party that still refuses to allow for our energy sector to get back to filling pipelines and lowering the costs of everything.