If these questions seem too accusatory because they are based on no actual knowledge, let’s remember what Sharpton’s current major activity is: He works for a news organization. Which means that when he takes positions on issues, he should disclose any financial conflicts or anything that might be perceived as a conflict.
It also means that a reporter ought to ask him.
3. How does our Ukraine bailout/Russia sanctions plan balance out?
While the United States continues to threaten economic sanctions against Russia in response to that country’s takeover of Crimea, and while Washington prepares a substantial aid package to Ukraine to keep the country from bankruptcy, there have been multiple reports that much of the funds for a Ukraine bailout would go to Russian banks that hold Ukrainian debt.
So with the first move, the United States would be financially assaulting Russia. But with the second move, Uncle Sam would be sending funds there.
Yet I haven’t seen a good report on how those numbers add up. How much of our bailout would end up in which Russian hands? And how much would the sanctions hurt which Russians? It’s obviously a profit-and-loss statement that Russian President Vladimir Putin is trying to calculate.
A smart, plugged-in financial reporter ought to take a crack at it, too.
One other key question: Is there any way we should or could attach a condition to our bailout that Ukraine not be allowed to send money to any country that has violated international law by invading its territory?