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Title: Red Alert: Biden's USSR-Loving Pick for Currency Comptroller Is Planning the Total Destruction of Our Economy
Source: The Western Journal
URL Source: https://www.westernjournal.com/red- ... ing-total-destruction-economy/
Published: Oct 1, 2021
Author: Kevin Catapano
Post Date: 2021-10-02 00:59:42 by Dakmar
Keywords: None
Views: 76
Comments: 4

In another show of political moderateness, President Joe Biden has nominated a Soviet-style communist to regulate the American banking system.

Saule Omarova, who the Wall Street Journal Editorial Board has called “the wrong nominee for the wrong industry in the wrong country in the wrong century,” is a law professor at Cornell University.

Before joining the ranks of Western academia, Omarova graduated from the University of Moscow on the Lenin Personal Academic Scholarship. Advertisement - story continues below

She wears these communist sympathies on her sleeve.

“Until I came to the US,” Omarova tweeted in March 2019, “I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best.’” Trending: 'Such a Level of Ignorance': Rep. Sheila Jackson Lee Scorched for Making Laughable Claim About 'Secure' Border

Until I came to the US, I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always “know best.” https://t.co/vvnx9DZICN

— Saule Omarova (@STOmarova) March 31, 2019

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When accounting for hours worked, job choice, willingness to relocate or work outdoors, time spent out of the workforce, temperamental differences and numerous other factors, there is no gender pay gap in the United States the way that leftists mean.

But that’s miles from the point when considering that Biden has put forth an actual communist to lecture Americans about free markets while ignoring the gulags, state-sanctioned murder and seizure of private property in “old USSR.” Should Soviet sympathizers serve in American government? Yes No Completing this poll entitles you to The Western Journal news updates free of charge. You may opt out at anytime. You also agree to our Privacy Policy and Terms of Use.

Like the radical progressives who tout Castro-era Cuban literacy rates while glossing over the other stuff, Omarova later conceded that while there may not have been perfect gender equality in the Soviet Union, it did get one thing right: “people’s salaries were set [by the state] in a gender-blind manner. And all women got very generous maternity benefits,” both of which “are still a pipe dream in our society!”

The Biden administration must be under the impression that polls indicating support for raising the federal minimum wage equate to public endorsement for the effective nationalization of private industry.

As more proof of Biden administration centrism, Omarova believes the Federal Reserve should seize the money deposited in private bank accounts by American consumers. Advertisement - story continues below

This, she argued in a recent academic paper titled “The People’s Ledger,” would “effectively ‘end banking,’ as we know it” and make the federal government the “ultimate public platform for generating, modulating, and allocating financial resources in a modern economy.”

Aside from the actually dangerous ideas (in contrast to the not-really-all-that-dangerous ideas of those vicious conservatives), there is the run-of-the-mill progressive word-vomit which has become normalized in American culture — namely calling Wall Street a “quintessential a**hole industry,” suggesting banks must lose their “special status” and promising to radically reshape or end [insert important thing] as we know it.

This is the sort of garbage that arouses progressive Democrats and their media allies, both of whom launched into support mode for the resurrection of Soviet-era politics.

Massachusetts Sen. Elizabeth Warren called the nomination “tremendous news” on Twitter; Ohio Sen. Sherrod Brown, who chairs the Senate Banking Committee, promised in a news release that Omarova would “ensure the economy works for everyone.” Advertisement - story continues below

Saule Omarova’s nomination to lead the @USOCC is tremendous news. She is an excellent choice to oversee and regulate the activities of our nation’s largest banks and I have no doubt she’ll be a fearless champion for consumers. https://t.co/zW6DqO8lUl

— Elizabeth Warren (@SenWarren) September 23, 2021

Ignoring the whole blatant communism thing, The New York Times headlined that “Biden’s Pick for Bank Regulator Worries Banks Are Getting Too Powerful,” noting that Omarova merely wants “a more equal share of power and success between taxpayers and big banks.”

Politico substituted “Wall Street critic” for “open communist.” Advertisement - story continues below

Much of the press has missed the opportunity to hammer home the point that Omarova is such a pinko that even Treasury Secretary Janet Yellen objected to her nomination, according to The Wall Street Journal.

This is utter silliness. The Biden administration has no intention of being moderate; it is instead just going to hand over the reins to the Bernie Sanders wing of the Democratic Party, which aims to bring America to her knees before the world.

This, as it turns out, is not all it has in common with the former Soviet Union.


Poster Comment:

Anyone familiar with the Laffer Curve? Basically, as taxes approach 100% tax revenues fall off sharply. Maybe Biden had the same thing in mind - government expenditures for law enforcement will decrease if the number of subjects (aka taxpaying citizens) is brought to zero. The remainder of the populace (welfare recipients, illegals, refugees, etc) can be counted as revenue since everything they spend comes from the government, so it's a closed loop. Sounds crazy, I know, but no crazier than the "official" story as to why they are destroying this country.

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#1. To: Dakmar (#0)

The NWO is planning to scuttle the banks after they have looted the nation and hidden the stolen assets. Under a DigiCash system you will be given a debit card to replace cash. It will be a FED account. No need for banks. Absolute control of the sheeple.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2021-10-02   1:15:45 ET  Reply   Trace   Private Reply  


#2. To: Horse (#1)

Right you are, Horse. A couple other points:

1. Covid jab will be a prerequisite to activating DigiCard
2. There will be a .03% fee on every DigiCard transaction, just like current EBT cards, payable to whichever NY bank purchased the latest President/Congress/NY State Legislature.

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2021-10-02   1:35:53 ET  Reply   Trace   Private Reply  


#3. To: Dakmar (#0)

The only time that the economy "works for everyone" is when it works for no one.

deecee is crying out for the reaper to make a great harvesting, asap.

“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken

Lod  posted on  2021-10-02   7:51:38 ET  Reply   Trace   Private Reply  


#4. To: Horse (#1)

Under a DigiCash system you will be given a debit card to replace cash. It will be a FED account. No need for banks.

What would happen if the payment system went down for any length of time at all?

Most everyone uses plastic to pay, whether is is by credit or debit or prepaid card.

The local Wal Mart now has check out lanes where you can ONLY pay by card. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2021-10-02   8:51:07 ET  Reply   Trace   Private Reply  


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