Bloomberg reported on Tuesday that some Biden administration officials are privately expressing concern that sanctions on Russia are worsening the global food crisis, exacerbating inflation, and hurting ordinary Russians more than President Vladimir Putin and his inner circle.
History has shown that US sanctions and other economic pressure do little to change the targeted government and always hurt civilian populations. For example, Cuba has been under a US economic embargo since 1962, but the same government remains in power decades later while the people have suffered.
The US typically targets smaller countries with the harsh sanctions it has imposed on Russia, such as Iran, Venezuela, North Korea, and Syria. But the sanctions campaign against Russia, the world’s 11th largest economy by Gross Domestic Product, has also had a significant impact on the economies of the US and Europe, a consequence President Biden warned Americans to be prepared for.
The Bloomberg report said that the Biden administration was surprised by the number of Western companies that decided to exit Russia and stop doing business with the country altogether, even if sanctions allowed it. The exodus has caused supply chain bottlenecks and uninsurable grain exports, among other issues.
According to the Yale Chief Executive Leadership Institute, about 1,000 companies have ended or limited their business in Russia. This has left assets behind that the Russian government could take control of and left markets open that Russian firms can now enter with less competition.
History also tells us that international banks and businesses tend not to do business with countries targeted by heavy US sanctions over fears of violating them, even if there are exemptions for certain goods. For example, US sanctions on Iran technically have exemptions for medical supplies and other humanitarian goods, but they still cause medicine shortages.
In a statement last year on medical shortages in Iran, a group of UN experts said: “Many banks and businesses, including pharmaceutical and medical companies around the world, over-comply with sanctions out of fear of potential penalties.”
But Biden administration officials are still acting surprised by the fact that Western sanctions are disrupting the supply of exempted goods. Fertilizer is exempt from sanctions, but Russia’s export of the commodity has dropped 24% this year. Bloomberg reported Monday that the US is now quietly encouraging shipping companies and agricultural companies to purchase and transport more Russian fertilizer to lower global food costs.
63 thoughts on “Biden Officials Concerned Russia Sanctions Hurting Ordinary People More Than Putin”
How perceptive!!! However, the “West” continues its merry way with illegal sanctions shown to be ineffective and even counterproductive (the Russian people are not even being hurt, certainly not popular Putin,unlike the rest of us in the “international community”).
Yes morons the American public is suffering due to your idiotic sanctions.
Biden’s sanction on Russia, and Trump’s tariffs on China which Biden has continued and expanded hurt average Americans, not Putin.
I like a little pain with my coffee!……
All I can say is, Duh! Ya think?
The “Duh” speaks volumes to me… 🙂
“Biden Officials Concerned Russia Sanctions Hurting Ordinary People More Than Putin.”
No, they are not.
And there’s not a hole in hell hot enough for these Neocons.
Seriously? If that headline was competing for the biggest load of bullshit ever printed it would win hands down.
Sanctions always hurt the little people, which is probably pretty well known by all except for our brilliant leaders inside the beltway.
Finally they realize Their Coin is dropped…! Duh…!
The stupidity reflected in that headline is mind numbing! Sanctions have never, say again, never worked: has not worked in cuba, venezuela, iran, russia, et al ad nauseam.
Again, the stupidity, the stupidity.
They don’t give a rat’s behind about ordinary ruskie or the poor of the global south, they r worried because with Russian supply out of the global marketplace more countries chasing the same limited resources and thus worsening the us inflation and thereby threaten their grip on power. Can’t wait for November for democrats to be booted out and maybe in 24 Biden to be booted out. They have kept all the Trump Era policies but they have done it with more guile thereby making things worse
Oh , ByeDone will be booted out all right, if he even makes it to ‘24. The Democrats will commit collective suicide should they nominate him again.
I was convinced that the abominable Trump would make a successful run in ‘24 but at this point I believe he’ll be in jail. Count on Mike Pence and Liz Cheney to be the top two contenders for the R’s.
Liz Cheney isn’t popular at all. DeSantis is your best bet
God help us.
It sure won’t be the guy that the folks on Jan. 6 wanted to hang. Cheney may be the only Republican left with a conscience, so it certainly won’t be be her either. My guess is DeSanris as well.
The thing is, that depending on who the Dems run, a good many of them could vote for Cheney.
Cheney doesn’t seem likely to have much of a shot at the GOP nomination.
There will likely be at least one “never Trump” or “no Trump now, even if Trump then” (maybe Pence) candidate in the GOP primary mix, but Cheney seems like more of an “exercise power from where I’m at and play the long game” type than a “run unsuccessfully for the White House to spread a message” type.
If Trump runs himself, he’ll probably have the GOP nomination fairly easy. If he doesn’t, whichever candidate is the Trumpiest and/or gets Trump’s endorsement is close to a lock.
I’d guess DeSantis, but a lot of that depends on this November. He won the governorship of Florida by about 30,000 votes last time, and managed to piss off a crap ton more voters than that in the two counties that depend on Disney for lots of jobs and lots of tax revenue. If he can’t get re-elected governor, he probably can’t get nominated for president.
And then the question becomes whether the Democrats want to run a candidate who can probably win (Jared Polis would be a good pick), or whether they want to roll the dice on Biden or Harris.
The RNC censured Cheney, as did the Wyoming GOP. She’ll never, ever get the nomination for 2024. https://www.npr.org/2022/02/04/1078316505/rnc-censure-liz-cheney-adam-kinzinger-jan-6-committee-capitol
At this point, it’s looking like she may not even win her primary. If she has any presidential aspirations, she’ll have to wait till well past the Trump era to have a shot.
Cruz might make another run, but everybody hates him. And as much as I detest DeSantis, it looks like the party is probably heading that way, if Trump doesn’t run again. Trump himself seems to have some pretty strong feelings about handing his crown over to DeSantis. https://www.vanityfair.com/news/2022/06/donald-trump-ron-desantis-2024
Well, I like the fact that Polis is a Taurus ( had to look that one up.) Taurus would generally speaking make a fine leader: kind, gentle but tenacious.
Name recognition might be an issue though.
God help us if deSantis gets the nomination because I don’t believe the Dems will win in ‘24.
If they run ByeDone again, it’s suicide.
I predicted that Biden wouldn’t be running again when he actually (after stalling) went through with the Afghanistan withdrawal.
And right now, the planted stories in major media are popping up right on schedule about how Democrats are talking about him not running again. That’s preparing the ground for his announcement (probably not long after the midterms, unless the Democrats do much better than expected).
As for name recognition, that’s just a technical problem with easy fixes. Who the hell had really heard of Jimmy Carter or Bill Clinton before they ran for president? They started working on that a year or two before declaring, and their status as governors got them the coverage they needed to have people start remembering their names. If Polis wants to run, here shortly he’ll start making speeches outside of Colorado — especially in e.g. Iowa and New Hampshire — to “signal” the media that he’s interested, and they’ll start throwing his name around.
The big thing they’ll throw around about Polis is that he’s a Democratic governor who won in a “swing” state in 2019, where Trump only lost by 4.9% and third party/independent candidates knocked down about 8% (5.x% for Libertarian Gary Johnson, 1% for McMullin, etc.) in 2016.
Other prospective candidates for that treatment are Laura Kelly of Kansas and Andy Beshear of Tennessee, who won their governorships as Democrats in pretty deep red states.
None of the three would be a lock in the general election, but they’d be better shots than Biden, and much better shots than Harris, who polled single digits in Democratic primaries, was only picked for veep because of her skin color and genitalia, and hasn’t met, let alone exceeded, the fairly minimal expectations of the position.
The ideal Democratic candidate is someone who’s shown he or she can beat Republicans in Republican (or at least mixed) areas, and who’s not from the northeast or California which are thought of as LIBRUL — southern, midwestern, or mountain west gives them a shot in those areas, and the Californians and New Yorkers are going to vote Democrat no matter what anyway.
Good point, Thomas. And who’d ever heard of Obama?
I recall that my father was instantly impressed by Jimmy Carter. He was the second president I voted for…the first being the poor Antiwar guy who was blown out in a landslide 😟
Obama was pretty clearly groomed for bigger things, although I doubt the DNC expected him to go from a junior state senator to president in four years just on the basis of a good speech at the 2004 national convention. But, that’s kind of what I’m talking about. He decided where he was going, and then he set out to make people remember his name.
I’m a little bit younger than you. I was nine years old for the 1976 presidential election, and don’t even really remember the 1972 election. But as a nine-year-old, I was all in favor of Carter for three reasons:
1) Richard Nixon’s resignation had pre-empted Captain Kangaroo. So fuck a bunch of Republicans was instantly my attitude.
2) Ford was bald. Ixnay on the aldbay.
3) I may have been nine, but when I was six I tested as reading at seventh-grade level, and read a lot. So I saved up my pennies and bought his campaign book, Why Not the Best?, and being nine I bought it hook, line, and sinker. Annapolis (I already wanted to go to Annapolis)! Nuclear engineer! Whoo wee!
I don’t recall being highly impressed by him either way, because by the time I turned 14 he was out of there and I just wasn’t into politics at that age. Sometimes I wish that I had continued to ignore politics. Personally, I blame US Senator John Danforth of Missouri. He did a little town hall, and I asked him a question, and then I found out he lied to me when he answered it. Pissed me off. I’ve been way political ever since.
Funny story, Thomas!
I’ve been political ever since I can remember, due to my father insisting we watch the Huntley-Brinkley report at dinner time every evening, just so we’d be aware. I recall Vietnam dominating the news every night of course.
I don’t think Ford was a terrible president and in fact often offered some comic relief. He was ALWAYS falling down, be it the White House steps, exiting Air Force One, anywhere at all, and it was invariably caught on camera.
I clearly recall Jimmy Carter and Hamilton Jordan claiming that they saw a giant bunny. Since then, I’ve heard of various other people claiming the same thing so maybe it didn’t have anything to due with hallucinogens.
I don’t remember the big bunny story, but I do remember the time he took a break to do some fishing and a (regular size) bunny swam out to the boat, climbed on board, bit him, then swam away.
You sound like my daughter, Thomas. She was in first grade when we moved out here and she changed schools. Her new school immediately put her in the fourth-grade reading class.
When we had assigned reading in school, instead of reading the assigned chapter, I’d devour the entire book. My favorite was, and still is , Mutiny on the Bounty.
Thomas, you don’t have to be polite…you’re a LOT younger than I am!😉
DeSantis is another war monger. I was so glad when he left Congress to run for Governor of Florida where he couldn’t make any US foreign policy decisions.
Oh, he still TRIES to make foreign policy decisions.
He was behind the bill requiring anyone doing contract work for the state to swear a loyalty oath to a foreign power (Israel), for example.
Thomas…we really need a Revolution 😐
Oh, it’s coming.
The one thing to remember about that, though, is that things can always get worse.
True, dat. Who’s going to win; the wingnuts with the assault rifles, or the old hippies? 😟
Oh he’s horrible, Mary. One of the worst.
Peter, I think you mean our “worst” bet!
Mike and Liz? Argh….
The ’24 election dynamics will be same as ’20. One sees it in the purpose behind the “Jan. 6” hearings. And whoever runs, it will by Biden v Trump by any other name. And if the Walking Corpse could best the Orange Man 82M to 75M before, even a Crippled Corpse will do itagain.
Well, that’s the thing.
The 2016 election was a referendum on Hillary Clinton, so Trump won.
The 2018 midterms and the 2020 presidential election were referendums on Donald Trump.
When there’s a referendum on Donald Trump, Donald Trump always gets his ass whipped.
And both he and the Democrats are working overtime to make the 2022 midterms, and the 2024 presidential election, referendums on Donald Trump.
I’m still not entirely convinced he wasn’t a Democratic plant from the very beginning.
Hmmmm, Thomas, definitely food for thought.
Hmmmm, Thomas, definitely food for thought.
1. Not sure 75M votes counts as a ass-whipping.
2. “Class war” is closer to the essence than “referendum”.
And 3., a war actualized (a) suppressing the Hunter Biden laptop, and (b) the previous 4 yr CIA/FBI/MSM/DNC fabrication called Russia-gate in order to preclude an agenda of America first non-interventionism, peace with Kim Jung Un, normalizing Russia relationship, liquidating NATO, shutting down mid-East/N. & E. Africa operations, lifting Assange persecution, …, building the wall and locking her up. And in ’24 the Deep State will again do whatever it takes to defeat Trump (ism).
I’m a lifelong Dem, but I don’t think they’re organized enough to pull off a scheme like that. I think the GOP liked his name recognition and (baffling) populist appeal and thought they could keep him in check. And, frankly, I think he had enough kompromat on a lot of GOP members to get them on the bandwagon. Remember Graham’s very sudden about-face on Trump?
Absolutely right, Robert.
It doesn’t matter whom we elect; the joke will be on us.
“Can’t wait for November for democrats to be booted out and maybe in 24 Biden to be booted out.”
And when midterms approach in 2026 you’ll be saying the same thing about the republicans in congress and whatever clone of Trump, or the real product, wins the white house.
It is time for US Third major party to come alive…!
We always say it and then what?…
I think it is better than an even bet that mid-term 2022 selections will not be held. Same for 2024 if God forbid, trump moves his sorry old ass to run, maybe even with the kushner grifters. Dimos have too much to lose.
How much do you care to wager? I’ve heard that claim concerning every election since 1992.
I do not make bets on even or slightly better than even but I am prepared to stand back and let “democracy” shine.
They do it in a crass way thereby increasing resistance worldwide but true Trump is more likely to be duped into a war with Iran but then again the way Biden is operating he might be out maneuvered into launching one.
The neocon/neolib deep state owned the Trump admin and they own Biden. So don’t be expecting elections to change anything … for the better, that is.
Exactly what I see…. Redundancy…
Wait until gas hits $10/gallon. Biden will be “surprised” at how fast the US population wants him out. The mid-terms are going to be a blood bath for the Democrats. and after that expect impeachment proceedings in 2023.
Is this an indirect statement to say they regret sanctioning Russia and they are willing to lift them…?! I don’t think so because those sanctions are irreversible, and Russia has realized that fact. Russia want them enforced to further bring down US and EU…!
Well, that’s a strategy of sorts…
“Still acting surprised by the by the fact that Western sanctions are etc,”
“Acting” is right.
Antiwar should not be printing such garbage without a warning that it is in fact garbage news.
AWC has done better and can do better. Raimondo must be tossing in his grave.
What an idiotic assumption that sanctions hurt leaders of a nation more than the general population/
Biden Officials Baffled Russia Sanctions Hurting Ordinary People Of US More Than Russia
Warthog, you came through again!😁
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