Kevin Bae

Non-Social in a Socially Networked World

Biden nominates genuine communist to regulate banks

Who the fuck is providing Biden with the list of nominees for regulatory positions? Biden doesn’t have the brain power to find these people. Whoever the communists in his administration put at the top of the list he pushes forward. He nominates an environmental ecoterrorist who may have actively sought to maim and injure loggers that cut down trees to run the Bureau of Land Management and now he nominates an actual communist, who would like to get rid of banks, to regulate banks.

Meet Saule Omarova

Saule Omarova was born in the Soviet Union and graduated from Moscow State University. Where are the Russia Russia Russia screams? She believes in big government and government controlled everything. The Wall Street Journal wrote up a great editorial on her nomination and it’s not pretty.

In a recent paper “The People’s Ledger,” she proposed that the Federal Reserve take over consumer bank deposits, “effectively ‘end banking,’ as we know it,” and become “the ultimate public platform for generating, modulating, and allocating financial resources in a modern economy.” She’d also like the U.S. to create a central bank digital currency—as Venezuela and China are doing—to “redesign our financial system & turn Fed’s balance sheet into a true ‘People’s Ledger,’” she tweeted this summer. What could possibly go wrong?

Ms. Omarova believes capital and credit should be directed by an unaccountable bureaucracy and intelligentsia. She has recommended a “National Investment Authority,” with members overseen by an advisory board of academics, to finance a “big and bold” climate agenda. Sounds like the green infrastructure bank the Senate rejected.

Comptroller of the Economy – WSJ

If you want to move to a national digital dollar that will eliminate the need for private banking this is the woman you want in office. She is a true believer in the government knowing better than you what you should be doing with your money. Not only that but she is a believer in government dictating the price of everything including your wages. Her nomination needs to be torpedoed… NOW.