I have made my thoughts on sanctions in the past….and now I would like to offer up another thought….this one from a FOX News pundit…..Napolitano…..keep in mind these are HIS thoughts not mine…..personally anyone that listens or believes anything from FOX News is basically adding to the confusion and misinformation (but that is me)……
For those that would like to check my thoughts on sanctions then by all means jump to my previous post….
The US and most of the rest of the world has put into place crippling sanctions against Russia and its oligarchs….Napolitano says that these sanctions violate the US Constitution….
Since the Russian invasion of Ukraine, the Biden administration has undertaken a vast scheme against Russian economic actors, which it characterizes as “sanctions.” The scheme consists in seizing assets, freezing assets, and prohibiting lawful and constitutionally protected commercial transactions.
All of this is aimed at dissuading Russian President Vladimir Putin from his determination to use extreme state violence to neutralize the government of Ukraine and install a government more favorable to the Kremlin. Yet, the targets of these sanctions are neither Putin nor the Russian state. Rather, his friends and political supporters, as well as Russian banks and commercial entities, and even American banks and commercial entities, have been targeted – and hundreds of millions of consumers and investors have been harmed.
By prohibiting the use of assets and international money transfers, the sanctions have severely harmed folks in Russia who have nothing to do with Putin’s war by radically reducing their purchasing power and eliminating many everyday choices from their spending options. All of this was done by presidential edict.
Can the president constitutionally prevent Americans and foreign persons from the lawful use of their own assets and from engaging freely in lawful commercial transactions? In a word: No.
Now you have what a FOX pundit thinks…..do you agree?
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