Members of the US Congress who voted for billions of dollars in military aid to Ukraine received substantial funding in 2022 from shares of the Pentagon’s defense contractors. The post writes about it Daily Caller.
According to him, last year US lawmakers approved a total of more than $20 billion in military aid to Kiev, including $12.7 billion worth of weapons and equipment delivered directly to Ukraine from US Department of Defense warehouses. The article explains that leading American defense companies have increased their production significantly to compensate for these deliveries, and Congressional representatives who sell their shares of the companies make significant profits. As the newspaper noted, many supported the provision of military aid to Ukraine. The Daily Caller also notes that several Republican lawmakers who voted against such bills have bought shares in defense companies.
As noted in the publication, for example, the profit from Congressman Earl Blumenauer (D-Oregon) on the shares of such companies was 40%. That’s the highest figure since 2021 among US lawmakers profiting from defense stocks.
Former Deputy Secretary of Defense Kathleen Hicks statedThat the United States has developed its own military-industrial complex (MIC) due to the conflict in Ukraine.
Currently, a special operation of the Armed Forces of the Russian Federation is underway in Ukraine. It was announced by Russian President Vladimir Putin on February 24. According to him, the purpose of military action is to demilitarize the neighboring country and to navy the authorities.
The decision to run the operation became the justification for new sanctions against Russia by the United States and its allies.