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Daily Caller

$40 million weekly cash shipments from US are stabilizing Afghanistan’s Taliban government

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From the Daily Caller News Foundation

By Rep. Tim Burchett

 

It is common knowledge that the Afghanistan withdrawal was a complete disaster, but lots of people do not know that the Biden administration has been sending cash to the Taliban every week since then.

When the United States withdrew from Afghanistan, our troops were ordered to leave behind $7 billion worth of military equipment which ended up in the hands of the Taliban. According to the Special Inspector General for Afghanistan Reconstruction (SIGAR), the Taliban also likely gained access to approximately $57.6 million in funds that the United States had provided to the former Afghan government. But that was just the beginning of the financial atrocities.

“According to an August 2023 World Bank report, the UN has purchased, transported, and transferred $2.9 billion in U.S. currency to Afghanistan since August 2021,” said a SIGAR report published in January. “This included $1.8 billion provided in 2022 and $1.1 billion provided in 2023, as of August 2023.”

“The U.S. is the largest international donor to Afghanistan, having provided about $2.6 billion in funding to the UN, other international organizations (PIOs), and nongovernmental organizations (NGOs) operating in Afghanistan since August 2021,” said the SIGAR report.

The U.N., which handles the transportation of these payments, claims it needs to send cash because the country does not have the infrastructure to wire funds.

I recently hosted a guest on my podcast who goes by the name of “Legend” to talk about these payments. He is an Afghan American and former U.S. Army noncommissioned officer who has deployed to Afghanistan multiple times, and who traveled to Kabul during the Afghanistan withdrawal to rescue individuals left behind.

Legend confirmed: “Yes, the money does end up feeding and supporting the Taliban.” He explained that the United Nations flies the cash from the Federal Reserve Bank of New York to the Taliban-controlled Afghanistan Central Bank which is managed by a terrorist who is on an active U.S. sanctions list. That bank then holds an “auction” where groups bid to take those dollars and convert it to the local currency. Every week the winner of that auction is someone associated with the Haqqani Network, a terror group with ties to Al-Qaeda.

These terrorists take the money and convert it to Afghani to distribute. Some of that money stays with the Haqqani Network, some goes to the terrorists running the bank, and the rest of the money is given to the local implementing parties or non-government organizations (NGOs).

However, the Taliban is the group handing out NGO licenses in Afghanistan. If a Taliban sympathizer asks for an NGO license, they get it. So, many of these groups send money directly to the Taliban or to support the families of suicide bombers.

Legend also said if the United States suspended these weekly payments, we would see signs of the Taliban and other Afghanistan-based terror groups crumbling within a year. The $40 million weekly cash shipments have stabilized the Afghani, making the Taliban’s newly printed currency the world’s best performer, beating the U.S. dollar in September 2023.

It is not like this administration doesn’t know who they’re dealing with. President Joe Biden was a senator and Vice President Kamala Harris was an attorney in the 1990s when the Taliban ruled Afghanistan with an iron fist. During that time, women were stripped of their rights and treated as prisoners, and the Taliban provided safe haven to al-Qaeda in the years leading up to the 9/11 attacks.

When the Taliban took over Afghanistan in 2021, their spokesperson said: “Nobody will be harmed in Afghanistan. Of course, there is a huge difference between us now and 20 years ago.” It was a laughable statement, and no sane person should have believed it. Terrorists don’t change.

The Taliban’s return to oppression started slow. First, they banned women from driving more than 45 miles without a male relative. Then they stopped them from going to school. Then they banned women’s faces and voices from being displayed in public, and prohibited women from looking at men they are not related to. These women are now prisoners in their own country as much as they were in the 1990s. And we are funding their oppressors.

The fact that a single penny of American tax dollars has ended up in the hands of terrorists is a disgrace. I introduced a bill that would do three things to stop it:

First, my bill states the policy of the United States is to oppose support to the Taliban. It also calls for a report on any foreign countries that have given support to the Taliban and calls for the secretary of State to develop a strategy to discourage foreign countries from providing support. Second, it calls for a report on cash assistance programs in Afghanistan and the safeguards in place to prevent the Taliban from accessing it. Third, it requires a report on the Afghan Fund and the Afghanistan central bank and what controls are in place to make sure those funds are not diverted or misused.

The House passed my bill earlier this year, but unfortunately the Senate won’t vote on it. This should be a bipartisan issue, and we need to keep pushing for it.

Many people lost everything because of the Afghanistan withdrawal. Women lost their freedom, Afghan citizens lost their lives, and 13 U.S. servicemembers were killed. One of those servicemembers was my constituent, Army Staff Sgt. Ryan Knauss. He had recently finished a deployment in Afghanistan when he heard we were evacuating and he volunteered to go back to help. He was 23 years old when he was killed.

We need to honor their sacrifice as best as we can. That starts by halting the payments we have been sending to the Taliban. No more American money for terrorists.

Rep. Tim Burchett has represented Tennessee’s 2nd District in the U.S. House of Representatives since January 2019. Prior to that he served for eight years as mayor of Knox County, 12 years in the state senate and four years in the state house.

Daily Caller

AI Needs Natural Gas To Survive

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From the Daily Caller News Foundation

By David Blackmon

As recent studies project a big rise in power generation demand from the big datacenters that are proliferating around the United States, the big question continues to focus in on what forms of generation will rise to meet the new demand. Most datacenters have plans to initially interconnect into local power grids, but the sheer magnitude of their energy needs threatens to outstrip the ability of grid managers to expand supply fast enough.  

This hunger for more affordable, 24/7 baseload capacity is leading to a variety of proposed solutions, including President Donald Trump’s new executive orders focused on reviving the nation’s coal industry, scheduled to be signed Tuesday afternoon. But efforts to restart the permitting of new coal-fired power plants in the US will require additional policy changes, efforts which will take time and could ultimately fail. In the meantime, datacenter developers find themselves having to delay construction and completion dates until firm power supply can be secured. 

Datacenters specific to AI technology require ever-increasing power loads. For instance, a single AI query can consume nearly ten times the power of a traditional internet search, and projections suggest that U.S. data center electricity consumption could double or even triple by 2030, rising from about 4-5% of total U.S. electricity today to as much as 9-12%. Globally, data centers could see usage climb from around 536 terawatt-hours (TWh) in 2025 to over 1,000 TWh by 2030. In January, a report from the American Security Project estimated that datacenters could consume about 12% of all U.S. power supply. 

Obviously, the situation calls for innovative solutions. A pair of big players in the natural gas industry, Liberty Energy and Range Resources, announced on April 8 plans to diversify into the power generation business with the development of a major new natural gas power plant to be located in the Pittsburgh area. Partnering with Imperial Land Corporation (ILC), Liberty and Range will locate the major power generation plant in the Fort Cherry Development District, a Class A industrial park being developed by ILC.   

“The strategic collaboration between Liberty, ILC, and Range will focus on a dedicated power generation facility tailored to meet the energy demands of data centers, industrial facilities, and other high-energy-use businesses in Pennsylvania,” the companies said in a joint release.  

Plans for this new natural gas power project follows closely on the heels of the March 22 announcement for plans to transform the largest coal-fired power plant in Pennsylvania, the Homer City generating station, into a new gas-fired facility. The planned revitalized plant would house 7 natural gas turbines with a combined capacity of 4.5 GW, enough power 3 million homes.  

Both the Homer City station and the Fort Cherry plant will use gas produced out of the Appalachia region’s massive Marcellus Shale formation, the most prolific gas basin in North America. But plans like these by gas companies to invest in their own products for power needs aren’t isolated to Pennsylvania.  

In late January, big Permian Basin oil and gas producer Diamondback Energy told investors that it is seeking equity partners to develop a major gas-fired plan on its own acreage in the region. The facility would primarily supply electricity to data centers, which are expected to proliferate in Texas due to the AI boom, while also providing power for Diamondback’s own field operations. This dual-purpose approach could lower the company’s power costs and create a new revenue stream by selling excess electricity.  

Prospects for expansion of gas generation in the U.S. received a big boost in January when GE Vernova announced plans for a $600 million expansion of its manufacturing capacity for gas turbines and other products in the U.S. GE Vernova is the main supplier of turbines for U.S. power generation needs. The company plans to build 37 gas power turbines in 2025, with a potential increase to over 70 by 2027, to meet rising energy demands. 

The bottom line on these and other recent events is this: Natural gas is quickly becoming the power generation fuel of choice to feed the needs of the expanding datacenter industry through 2035, and potentially beyond. Given that reality, the smart thing to do for these and other companies in the natural gas business is to put down big bets on themselves. 

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

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Business

Scott Bessent Says Trump’s Goal Was Always To Get Trading Partners To Table After Major Pause Announcement

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From the Daily Caller News Foundation

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Secretary of the Treasury Scott Bessent told reporters Wednesday that President Donald Trump’s goal was to have major trading partners agree to negotiate after Trump announced a 90-day pause on reciprocal tariffs for many countries after dozens reached out to the administration.

Trump announced the pause via a Wednesday post on Truth Social that also announced substantial increases in tariffs on Chinese exports to the United States, saying 75 countries had asked to talk. Bessent said during a press event held alongside White House press secretary Karoline Leavitt that Trump had obtained “maximum leverage” to get trading partners to negotiate with the April 2 announcement of reciprocal tariffs.

“This was his strategy all along,” Bessent told reporters during an impromptu press conference at the White House. “And that, you know, you might even say that he goaded China into a bad position. They, they responded. They have shown themselves to the world to be the bad actors. And, and we are willing to cooperate with our allies and with our trading partners who did not retaliate. It wasn’t a hard message: Don’t retaliate, things will turn out well.”

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China imposed retaliatory tariffs on American exports to the communist country Wednesday, imposing an 84% tariff on U.S. goods after Trump responded to a 34% tariff by taking American tariffs to 104%.

“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” Trump said. “At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.”

“They kept escalating and escalating, and now they have 125% tariffs that will be effective immediately,” Bessent said during the press conference.

Bessent said that China’s actions would not harm the United States as much as it would their own economy.

“We will see what China does,” Bessent said. “But what I am certain of, what I’m certain of, is that what China is doing will affect their economy much more than it will ours, because they have an export-driven, flood the world with cheap export model, and the rest of the world now understands.”

The Dow Jones Industrial average closed up 2,962.86 points Wednesday, with the NASDAQ climbing by 1,755.84 points and the S&P 500 rising 446.05 points, according to FoxBusiness.

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