'LOOKING FOOLISH’: Sen. Kennedy GOES OFF on Dems amid month-long shutdown

By Fox Business

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Key Concepts

  • Seizure of Russian Assets: The proposal to confiscate $300 billion of Russian assets held by Western nations and transfer them to Ukraine.
  • Sanctions on Russian Oil: A legislative effort to penalize any entity purchasing Russian oil, aiming to cut off Russia's war funding.
  • Plan B for Ukraine Funding: An alternative strategy to seize Russian assets if direct oil sanctions are not feasible due to political considerations.
  • Government Shutdown: The ongoing closure of the U.S. federal government and the debate over how to resolve it.
  • Individual Payment Bills: Proposals to pass separate legislation to pay specific groups affected by the shutdown, such as air traffic controllers or the military.
  • Budget Negotiation: The core issue in resolving the government shutdown, with differing demands from Democrats and Republicans.

Financial Pressure as a Solution to the War in Ukraine

Senator John Kennedy advocates for applying significant financial pressure on Russia as the primary means to end the conflict. He argues that both the American and Russian people desire an end to the war, as do figures like President Trump. The senator identifies President Xi of China, the Ayatollah of Iran, and Vladimir Putin as the main obstacles to peace, characterizing Putin's desire for conflict as extreme.

Key Proposal: Seizing Russian Assets

  • Specifics: Kennedy's central proposal is to seize the approximately $300 billion in Russian assets currently held by Western countries, with a significant portion located in Brussels.
  • Mechanism: He suggests a resolution in the Senate that would request, and effectively direct, European nations to transfer these funds to Ukraine.
  • Impact: This money would then be provided to Ukraine at a rate of $10 billion per month. The senator believes this funding would enable Ukraine to purchase necessary weaponry, specifically missiles, to target and destroy every oil refinery and weapons production plant in Russia.
  • Expected Outcome: Kennedy asserts that this action would force Putin to the negotiating table, stating, "You'll see Putin come to the table. I don't know any other way at this point."

Alternative: Sanctions on Russian Oil Purchases

  • Legislative Action: A bill is currently in the Senate that aims to sanction any entity that purchases Russian oil.
  • Objective: The goal of this bill is to cut off Putin's cash flow, thereby hindering his ability to finance the war.
  • Political Obstacle: Kennedy identifies a significant political hurdle: President Trump's potential opposition. He reasons that President Trump, while in China negotiating a trade deal, would be unlikely to jeopardize that agreement by signing a bill that sanctions Russian oil purchases upon his return. This leads to the necessity of "Plan B."

Addressing the Government Shutdown

Senator Kennedy also discusses the ongoing U.S. government shutdown, which has lasted for nearly a month. He expresses his disapproval of the Democratic proposal to pass individual bills to pay specific groups affected by the shutdown, such as air traffic controllers or the military.

Kennedy's Stance on Individual Payment Bills:

  • Willingness to Vote: Kennedy states that he would vote for such individual bills if they came before him.
  • Ineffectiveness: However, he views this approach as a "waste of time" because he believes Democrats will not support it.
  • Core Issue: He argues that the only effective way to ensure everyone is paid is to reopen the government.

Demands and Counter-Demands:

  • Republican Position: Kennedy emphasizes that Republicans are not asking for significant concessions, only for the government to be reopened to facilitate budget negotiations.
  • Democratic Demand: He cites Senator Schumer's condition for reopening the government: a $1.5 trillion allocation and the dismantling of a major legislative bill.
  • Rejection of Democratic Demand: Kennedy firmly rejects this demand, stating, "I'm not Bambi's baby brother, I'm not going to vote for that. I don't know any Republican's going to vote for that."

Consequences of the Shutdown:

  • Democratic Dilemma: Kennedy believes the Democrats have a choice to make and that their current stance is leading to a prolonged shutdown.
  • Personal Stance: He reiterates his own commitment to reopening the government, having voted for it 13 times.
  • Public Perception: He expresses concern about the negative perception of Democrats, stating, "To the American people they're looking like idiots, in my opinion."

Conclusion

Senator John Kennedy proposes a two-pronged strategy to address the current geopolitical and domestic crises. For the war in Ukraine, he champions the seizure of $300 billion in Russian assets as a direct financial blow to Putin's war machine, with sanctions on Russian oil purchases as a secondary, though politically challenging, option. Regarding the U.S. government shutdown, Kennedy insists that reopening the government is the only viable path forward, rejecting what he perceives as unreasonable demands from Democrats that prolong the shutdown and harm the public. He believes that financial pressure and a willingness to negotiate are key to resolving both situations.

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