https://twitter.com/TrumpJew2/status/1459213417764556812
My latest in PJ Media:
On the heels of video surfacing showing her calling for the bankrupting of the oil, gas, and coal industries, another damning statement has come to light from Saule Omarova, Old Joe Biden’s Soviet-born nominee for comptroller of the currency. At this point it is absolutely certain, if there was any doubt up to now: Saule Omarova is a straight-up Marxist-Leninist. Should a Marxist really be put in charge of regulating America’s banks? And what does it say about Biden’s handlers that they would nominate her for such a position?
In the new video, Omarova says: “Imagine: what would it be like if instead of being just a public option for deposit, uh, banking, this would be actually the full transition.” Full transition to what? Marxism, apparently: “In other words, there will be no more private, uh, bank deposit accounts, and all of the deposit accounts will be held directly at the Fed. And there are very interesting implications, uh, from that thought experiment, for example, with, uh, the much more, uh, direct and proactive tools of monetary policy, like helicopter money, which is, uh, you know, considered radical, primarily because, uh, economists really do not know how to manage the issue of what would happen in, uh, the inflationary environment when the central bank needs to contract the supply of money. How is it politically feasible for the central bank to effectively take money away from people’s accounts?”
How indeed? Back in the Soviet Union that Omarova lamented she was not present to try to save when it dissolved in 1991 (she was at the University of Wisconsin-Madison, pining for the bread lines), they did it at the point of a gun. Omarova’s “thought experiment” didn’t extend that far, but there has never been a Marxist regime anywhere in the world that forcibly redistributed the wealth without subjecting its people to a reign of terror in which untold numbers of people were tortured and murdered.
Surely kindly Old Joe Biden and his handlers don’t envision that future for the American people they’re working so hard for, do they? Why, the very idea is inconceivable (isn’t it?), but if the nomination of Omarova was made by people who were ignorant of where she really stands, it should be withdrawn immediately.
After all, Omarova herself has made no secret of her views. The video of this statement is from a talk she gave on January 28, 2021, at the Law and Political Economy (LPE) Project’s “Law & Political Economy: Democracy Beyond Neoliberalism” Conference. In a paper accompanying her remarks, Omarova wrote that “familiar tools of monetary policy and financial regulation” were “increasingly obsolete and ineffectual,” and spoke about how policymakers now had “a unique opportunity to correct the inequities and inefficiencies built into the core structures of modern finance.”
There is more. Read the rest here.
Hank says
Another case of Biden hen-house invites fox to run hen-house.
Yes, this is very serious indeed and an Orwellian attempt by the Leftist-Green socialists to make their intent palatable by introducing their policy as a “thought experiment” in confiscating citizen wealth and bank accounts. I would call her a Marxist-Stalinist.
The Leftist-Green socialists are playing with fire now. The nomination isn’t very intelligent.
“Marxists usually regard socialism as the stepping stone to communism, a state of utopia in which the government controls everything its citizens say and do.” —Anonymous
“The problem with socialism is that you eventually run out of other people’s money.”
― Margaret Thatcher
“Now, back in 1927 an American socialist, Norman Thomas, six times candidate for President on the Socialist Party ticket, said the American people would never vote for socialism. But, he said under the name of liberalism the American people will adopt every fragment of the socialist program.”
– Ronald Reagan
“Socialism violates at least three of the Ten Commandments: It turns government into God, it legalizes thievery and it elevates covetousness. Discussions of income inequality, after all, aren’t about prosperity but about petty spite. Why should you care how much money I make, so long as you are happy?”
– Ben Shapiro
gravenimage says
Good quotes, Hank–thank you.
Michael Copeland says
This woman is a dangerous ideologue pushing policies that have always failed wherever tried.
gravenimage says
Yep.
somehistory says
The way things are going, she will be confirmed; then no more money in the bank for any of us serfs. But, it won’t matter because we won’t need the money inside the camps to which they are sending us.
Niemoller says
What has done more harm to society, Islamism or normative economics? She demands radical replacement of the logically-grounded economic system in her adopted nation, but she still publically practices Islamic mythology because it’s her parent’s “religion” and she is too corrupted by it to demand radical reform.
Doomer says
I now see it all: after the fall of Communism in 1989, Marxists-Leftists decided to change strategy and emphasize race ( aka wokism, Social Justice Warriors ),
instead of workers.
Then they would go to saying “Capitalism is racist” and “Racial capitalism”.
Zoomers have accepted the cult of it all.
Their BIBLE is Ibram Kendi’s “How to be an anti-racist”. It has an entire chapter dedicated to capitalism.
It says “Capitalism is essentially racist,” Kendi proclaims, and “racism is essentially capitalist.”
He says “Racism and capitalism “will ultimately die together” (2019 interview by SALON, ultra-Leftist):
https://www.salon.com/2019/10/11/ibram-x-kendi-on-how-to-be-an-antiracist-racism-and-capitalism-will-ultimately-die-together/
And in this interview of Kendi ,2019:
“Kendi views capitalism and racism as “conjoined twins” and that
“…the origins of racism cannot be separated from the origins of capitalism… the life of capitalism
cannot be separated from the life of racism.” ”
https://www.nfg.org/news/capitalism-and-racism-conjoined-twins
gravenimage says
Thanks for that link, Doomer. Of course, nothing could be further from the truth re Kendi’s claptrap.
Capitalism is free trade–and free trade can be practiced with any amount of wealth beyond immediate subsistance. Claiming slavery as intrinsic to Capitalism–or part of free trade at all–it utter bs.
In fact, besides everything else horrible about slavery, it ultimately *retards* an economy. It is notable that in the United States the economy of the South during slavery was much inferior and less innovative and robust than that of the North. Far from serving as the basis of Capitalism, slavery warped and deminished the accomprishments of Capitalism. It was after slavery was abolished that the economy here really took off.
Doomer says
Yes, you are right, and “knowledge is Power”. Kendi is in it for the money,in my opinion. He is a hustler.
Capitalism existed before Adam Smith’s book “Wealth of Nations” (1776). Smith would be the modern exponent of it, who gave it the best theoretical foundation and:
1. Smith was a deist: God created the universe but does not intervene, so the miraculous does not happen.
2.He offered an economic argument against slavery.
3.He said the 13 American colonies were victims of Britain’s mercantile policies, and to give them independence. To maintain a monopoly of trade, he said, the colonies had cost the British people much more than they had gained.
Barbara says
Central banking is what Alexander Hamilton wanted for the United States. He and Karl Marx wrote numerous letters about this topic.
When Rothschild gained control of the banking system and said ‘he did not care who was in power; he had the power when he had control of the banks.
Wellington says
Alexander Hamilton wanting a national bank for the fledging nation which was the USA in order to establish the new nation’s credit (and which he got in 1791 and which President Washington agreed to—the First National Bank which expired in 1811, followed by the Second National Bank in 1816, also with a 20 year charter) had nothing to do with eradicating local and state banks. Your comparison to Karl Marx is both inapt and inept. Grievously so.
gravenimage says
Spot on, Wellington. Hamilton never suggested a banking monopoly.
Then, the Rothschild family never gained full control of the banking system anywhere–this is an utter canard. And note that this from Barbara is not a quote from any member of the Rothschild family–for one thing, it is in the third person. Conspiracy therories about the Rothschilds are rife, and usually of the unhinged antisemitic variety.
Kepha says
Omarova wants the energy companies to go bankrupt in order to save the environment. Well, hasn’t she learned anything from her old country of Kazakhstan and areas adjacent? Let the state get a monopoly over energy production, especially when it is directed by PR men (the PR in the Maxist revolution was always for Public Relations rather than proletarian), and then you’ll know what environmental degradation really is. Saule, talk to you kinsmen in Sharki Turkistan.
Infidel says
In addition to being a communist, does she happen to be a muslim as well, if she’s a Kazakh?
gravenimage says
I’d looked for this information before, Infidel, and found nothing at first.
But now this:
“She and her family members follow the Muslim religion.”
https://www.wiki.ng/en/wiki/saule-omarova-wikipedia-more-on-her-husband-timur-han-uckun-682229
There is no indication that she is currently practicing–still quite disturbing if accurate.
Infidel says
Had she not been a communist, she’d then likely have been a jihadist of some kind, probably the economic kind. Regardless of what she believes, hardly someone who deserves to be in government
Infidel says
Eliminating one’s private bank account is one thing. She wants to create a National Investment Authority, which would be a Government run Hedge fund, but compete w/ all other Hedge funds but underwritten by the taxpayer. It would determine which industries and businesses ‘deserve’ investment, and which ones don’t. It would compete in the market against other Hedge funds, but w/ an unmatchable advantage, thereby putting all other Hedge funds and private investors out of business
Essentially, it’s a glorified way of doing what the Soviets and Chicoms did more crudely when they simply nationalized all private property. In this case, the United Socialist States of America (USSA) would do it in a more ‘refined’ manner: create a Hedge fund that would invest in, and thereby buy stake in, most to all companies. Then when they have a 51% stake in any company, they can issue just about any rules that the powers in DC want – from requiring that all employees be semi-annually vaccinated to everyone undergoing ‘unconscious bias’ training. Then instead of the government working for us, as it is now, it’ll go both ways: government will pretend to ‘work for us’ on paper, but in real life, we’ll be working for the government, which has a majority stake w/ all our employers
somehistory says
Per the shots…they have already produced 7 boosters for the jab they said would take *one* shot and 100 more are in “development.”
A doctor explained to Dr. Jaime Glazov **why** they are pushing so hard to give it to the little kids: unless the shot makers get it on the *list* of vaccines they give to babies, they cannot claim zero liability for things going wrong.
Kenneth J Johnson says
Biden’snpminees for essentia positiins. Muslems and Communistss..Where is congress when negative votes are required to protecvt us??? Ken
GreekEmpress says
This is Biden’s most dangerous recommendation yet, imho.
gravenimage says
Here’s her thesis, GreekEmpress:
“Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital”.
This was from 1989.
Walter Sieruk says
Joe Biden is a catastrophe for the United States. Likewise that Marxist who he wants to install and a US Treasury Department will be an economic calamity for America.
Sinister , insidious America wrecking Biden is ,indeed, a dangerous and destructive villain in the White House. pf all time The worst of the worst.
In addition Biden is a disaster for the United States economy as seen by all the Americans who have lose the jobs because of Biden is awful. Likewise anyone who Biden would nominate ,as in the treasury department would also be terrible.
Furthermore, the high prices for fuel and the gas station and at the grocery store, the supermarket empty shelves are becoming more and empty. Likewise, prices are growing higher. Things will get only worse.
Keys says
Many American billionaires and multimillionaires certainly have lots of their money in foreign banks. This unconstitutional plot likely will not affect them.
One can see why the Democrats are striving to change the face of the Supreme Court (to get judges that would rule this is Constitutional) and striving to control the make-up of the armed services (taking money from hard working citizens’ bank accounts will spark an Uncivil War).
gravenimage says
Biden’s Banking Chief Nominee Wants to Eliminate Your Private Bank Account
…………….
Well, *this* is deeply disturbing. Doesn’t this moron realize that Communism led to the destruction of the Soviet Union? Probably not.
I had to look up the term “helicopter money”–the concept seems pretty incoherent. In this cotext, though, it seems to refer to the state being able to seize people’s bank accounts in the event of a “liquidity crisis”. Since under Communism there is a constant state of liquidity crisis, we can all see where this is going to lead…
Americans will keep their money stuffed under the matress–or buried in the backyard–before allowing this.
somehistory says
Money is not accepted in so very many places now. Credit or debit cards only in most places that don’t give cash back. It isn’t accepted in most hotels and motels and some gasoline stations.
They have been working on making it a cashless society for sometime.
Hank says
“Americans will keep their money stuffed under the matress–or buried in the backyard–before allowing this.”
People praise and worship digital money these days for its convenience. But forget that…. you can’t stuff digital money under a mattress or bury it somewhere for a rainy day. Imagine a treasure hunter in the future finding a credit card buried deep in some plow field, lol
OLD GUY says
The Biden administration needs to be GONE, they are taking America and our citizens down a vary dangerous road. Impeachment and the firing of department heads can’t happen soon enough. I don’t think we the people can wait three years.
Wally Warbles says
And we though Clinton and Obama was bad Biden will be far worst If he keeps this up he,ll take the prize for the all time worst American President and World Leader and here’s hoping when he crashes in flames like the Hindenburg he’ll take a lot of other liberal Democrats with him