McDonald’s would never name Ingrid Newkirk, the head of PETA, as CEO because as a vegan nutjob, she’d destroy the company. Joe Biden however doesn’t have that same kind of business savvy because he just nominated an actual communist to be in charge of our banks and currency, AKA capitalism. At least all pretense of him not trying to annihilate this country are gone.
Biden has nominated Saule Omarova to be the Treasury Department’s comptroller of the currency. This wouldn’t mean anything if you had no idea who she is and what the position does.
According to the Treasury Department, this is what the Office of the Comptroller of Currency does:
The OCC, an independent branch of the U.S. Department of the Treasury, charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks.
And this is who Saule Omarova is:
She was born in the Soviet Union and graduated from Moscow State University in 1989 on the Lenin Personal Academic Scholarship. After communism collapsed, she came to the United States in hopes of reviving it here by becoming a professor at Cornell School of Law.
As The NY Post reports, she’s still a commie through and through:
President Biden’s controversial pick to be the Treasury Department’s comptroller of the currency is a USSR-born and educated professor who has praised the former Soviet Union’s lack of a gender pay gap while recently advocating for ending banking “as we know it” by moving Americans’ finances from private banks to the Federal Reserve.
In an early 2021 paper titled “The People’s Ledger,” Omarova argued for making private banks “non-depository lenders,” changing banking “as we know it.”
“Banks, in other words, will not be ‘special’ any more,” she wrote, advocating for separating their lending function from their monetary function.
That’s another way of saying she want to nationalize banks, which is as commie as it comes.
“Ms. Omarova has called for ‘radically reshaping the basic architecture and dynamics of modern finance’ including nationalizing retail banking and having the Federal Reserve allocate credit,” said Republican Senator Pat Toomey, who opposes her nomination.
And it would seem Omarova really misses the USSR:
In 2019, she posted to Twitter in support of the “old USSR” where there was “no gender pay gap.” She attempted to do damage control after being criticized for it, but failed to fully condemn the Soviet Union.
“I never claimed women and men were treated absolutely equally in every facet of Soviet life. But people’s salaries were set (by the state) in a gender-blind manner. And all women got very generous maternity benefits. Both things are still a pipe dream in our society!” she wrote.
Currency and lending are the engines of capitalism. Why would any sane person try to put a communist in charge of these things? Oh wait, I just answered my own question: because Joe Biden is a lunatic.
The comptroller of the currency, like most presidential nominations, has to be approved by the Senate so Omarova is already dead in the water. Unlike judicial nominees who only need a simple majority, this appointment will require 60 votes she won’t get. Yet another reason Biden is a nut.
Biden nominated anti-gun activist David Chipman to head the ATF and then had to withdraw him. Why does he think he can put a communist in charge of capitalism? Oh wait, I already answered this question: because Joe Biden is a lunatic.
