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Author Topic: US preps unusual $2B loan for Polish military  (Read 279 times)

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Online rangerrebew

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US preps unusual $2B loan for Polish military
« on: September 28, 2023, 09:51:55 am »
US preps unusual $2B loan for Polish military
Poland has bought billions worth of U.S. military goods, in addition to Korean-made armaments.
SAM SKOVE | SEPTEMBER 25, 2023
 
   
The U.S. will loan $2 billion to Poland’s military, using a little-used funding mechanism to support Poland’s push to rearm in light of the war in Ukraine.

The loan, announced Monday, will come via the State Department’s Foreign Military Financing program. The program typically funds foreign military acquisition through grants, but also allows the U.S. to provide countries with loans. The last such loan was given to Iraq in 2017, following ISIS’s rise to power, a State Department spokesperson said.

The State Department requested just over six billion dollars for foreign military financing grants in the 2023 budget, similar to requests made in 2021 and 2022.

However, with billions already distributed in response to Ukraine, there’s little left over to send to allies as grants. By structuring the support as a loan, the U.S. can continue to support Poland, the State Department spokesperson said.

https://www.defenseone.com/policy/2023/09/us-loan-2-billion-polish-military/390630/
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online rangerrebew

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Re: US preps unusual $2B loan for Polish military
« Reply #1 on: September 28, 2023, 09:54:51 am »
$2 billion for Poland and our military is about to run out of money?  There is something horribly wrong with even contemplating such a move!  No wonder the military is in such a mess. :wtf:
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline catfish1957

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Re: US preps unusual $2B loan for Polish military
« Reply #2 on: September 28, 2023, 09:58:23 am »
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I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.
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