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Money Rehab with Nicole Lapin

The Supreme Court’s Conflict of Interest Problem

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 10 April 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Supreme Court Justice Clarence Thomas made headlines when it was revealed that he had not disclosed his luxury vacations with Republican donor Harlan Crow. But this is just the tip of the conflict of interest iceberg for the Supreme Court. Nicole breaks down the truly shocking ethical blindspot woven into America's legal system and how it affects our rights. Check out where your representatives are investing here: https://efdsearch.senate.gov/search/home/

Transcript

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0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:07.0

It's time for some money we have.

0:15.8

Last week Supreme Court Justice Clarence Thomas made headlines, and this time it's not

0:20.1

for a controversial Supreme Court decision.

0:22.7

Now, this time he made waves following the publication of an article that revealed that

0:27.1

he's been taking luxury vacations with a billionaire Republican donor for years, and it was not

0:34.1

disclosed.

0:35.6

The reason people are so unsettled by this report is because there are ethics guidelines

0:40.9

for Supreme Court justices around not accepting gifts, because gifts open the door for bigger

0:47.2

gifts, which open the door for bribery.

0:51.0

And these luxury vacations have been pretty sweet gifts.

0:54.6

The Republican donor and Thomas' apparent BFF is Harlan Crow, legacy real estate developer.

1:01.5

Thomas and his wife joined Crow and other VIP conservative thought leaders on lavish

1:06.0

trips to California, Indonesia, and New Zealand, which allegedly included stays on Crow's

1:12.4

super yacht and properties owned by Crow or his companies.

1:16.5

So yeah, accepting these luxury vacations invites presents an ethical problem, but in my

1:22.9

opinion, being associated with Harlan Crow himself is an ethical problem too.

1:28.5

Crow is a collector of historical artifacts, including Nazi memorabilia.

1:33.5

He owns some of Hitler's paintings and a signed copy of Mein Kampf.

1:38.2

It's despicable to laud a collection of Nazi artifacts, and you try to explain it away

1:43.2

by claiming that you're just a collector of history is frankly pathetic.

1:47.3

As a Jewish person myself, it simply terrifies me to know that someone who is charged with

...

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