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The Effects Of War On Our Economy
The US government is seeking regime change in Russia. According to Biden, they want to get rid of Putin and impose the most draconian sanctions ever on Russia after its illegal war of aggression on Ukraine, a war that the US-led NATO provoked. Once again, as it did in Afghanistan, the United States got Russia involved in a war and now hopes to bleed and bury her. For this ignoble end, the US military will fight Russia in this proxy war with every last drop of Ukrainian blood.
It is the opinion of many historians and economists that the American empire is on the way out. They think its exit has been accelerated by the sanctions it has imposed on Russia, that these sanctions have boomeranged and that the unipolar world headed by the United States is about to be fragmented.
What will be the effect of the sanctions on the US dollar, which is now the currency of international trade, if the United States loses its place as the unipolar power on the planet? How will the US economy be affected if the dollar is no longer used as the only reserve currency for international trade and what will the consequences be for Americans?
How will the war affect those who depended on Ukraine as the breadbasket of the world for its massive production of wheat? What about its effect on Europeans, who depend on Russian natural gas and oil?
Guest – Economist Richard Wolff assesses the catastrophic effect of the Russian invasion of Ukraine. Richard Wolff is professor emeritus at the University of Massachusetts, where he was the chairman of the economics department. He is the founder of Democracy at Work and the author of numerous books. He is presently a visiting professor at the New School in New York City.
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Supreme Court Justice Clarence Thomas Ethical Conflict Of Interest
In an ethics bombshell for the legal community, the Washington Post recently broke the story of Supreme Court Justice Clarence Thomas’s wife Virginia (or “Ginni”) Thomas’s text messages to former White House chief of staff Mark Meadows.
In her texts, Ginni Thomas urged Meadows to do anything he could to subvert the democratic voting result and to fight, in her words, for good over evil. The goal was to frustrate Joe Biden’s victory and keep Donald Trump in power.
Ginni Thomas has been a persistent voice on behalf of tea party activism. She founded Growdswell, a group of far-right activists, nonprofit heads, journalists, and others who reportedly meet weekly at the offices of Judicial Watch to strategize in order to advance a right-wing agenda. A New York Times Magazine investigation revealed that Thomas oversaw Groundswell’s project of a “30-front war” to “exchange and amplify hardline positions on immigration, abortion, and gun control.”
Ginni Thomas also sits on the board of the action arm of the Center for National Policy, a secretive, right-wing entity that helped advance, according to the Times, the “Stop the Steal” movement. Thomas was thus greatly involved in efforts to overturn the outcome of the 2020 election.
Advocacy on these and other issues that come before the Supreme Court, without Ginni Thomas’s husband recusing himself, threaten to further erode Americans’ trust in this legal pillar of democracy.
Guest – James Sample is a professor at Hofstra Law School. Professor Sample regularly comments on ethical issues for leading media outlets, including The Wall Street Journal, The New York Law Journal, Slate.com and The Huffington Post, and he is a frequent presenter at national conferences.
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