Criminal Genius
He may be the dumbest, worst President in US history but this guy is a criminal genius. Granted the Covid scamdemic was set in motion before he took office but maybe he helped orchestrate it as VP?(who knows) There the US paid billions to the hospitals and the drug companies and the media to peddle their propaganda. Now they are doing the same thing with the defense industry with the Ukraine war and again, I am sure the media is getting their piece for “all Ukraine” all the time. I bet “the big guy” got his ten percent for every Covid payoff and he is probably going to get his ten percent for all the weapons and military related payments as well.
“Military aid
The Pentagon is set to host a meeting today with eight of the largest U.S. defense contractors, including Lockheed Martin (NYSE:LMT), Raytheon (NYSE:RTX) and L3Harris Technologies (NYSE:LHX). According to Reuters, the gathering will center on the industry’s capacity to meet Ukraine’s weapons needs if a war with Russia turns into a years-long protracted conflict. The U.S. has already provided Kiev with more than $2.4B in military assistance since Biden took office, of which more than $1.7B was delivered following the start of Russian invasion on Feb. 24.
Snapshot: Hundreds of millions of dollars of the assistance has been approved under “presidential drawdown authority,” which allows President Biden to transfer equipment from U.S. stocks without congressional approval or budgetary appropriations. The orders are permitted to respond to unforeseen emergencies that include peacekeeping operations and anti-terrorism assistance. As the name implies, drawdowns are taken out of existing American inventories, meaning the government is not going to market to purchase new items.
The U.S. had already sent over 5,000, or about a third, of its Javelin anti-tank missiles to Ukraine, which would take three or four years to replace, according to the Center for Strategic and International Studies. It has also given over more than 1,400, or about a quarter, of its Stinger anti-aircraft missiles, which would take at least five years to replenish at current production levels. Raytheon and Lockheed Martin jointly produce the Javelin, while Raytheon is the sole supplier of the Stinger.
Outlook: While Javelins and Stingers were effective in protecting Kyiv, Ukraine will likely need a more sophisticated mix of equipment to hold back the coming Russian offensive in the Donbas. As a result, the Biden administration is preparing another military assistance package of around $750M, which may include longer-range anti-aircraft systems or heavy ground artillery systems. Other top American weapons makers include Boeing (BA), General Dynamics (GD) and Northrop Grumman (NOC).” From Seeking Alpha
Criminal… Yes. Genius… don’t think so. This guy is simply a criminal grifter since the day he entered government “service” 40+ years ago. There is no genius about him. He just went along with whoever would pay him. The further he went up the latter the bigger the scam, but no genius about it. Starting from years of credit card company payoffs he learned how to up his game to where he eventually could sell an entire country for his own personal gain. Where is the genius in all of that?
Now if you want genius look no further than the Bush family. First thing HW Bush did when he entered office was to renegotiate a non-extradition treaty with Paraguay. This was to go along with their 50,000+ acre ranch plus owning one third of the water rights of the country. Nice little bolt hole heh? Just in case things ever went south and a few shall we say uncomfortable truths ever got exposed. Now that’s criminal genius.