Posted on 09/30/2021 6:08:27 PM PDT by E. Pluribus Unum
Presidentish Joe Biden wants to put an actual Communist — self-proclaimed “radical” Cornell University law school professor Saule Omarova — in charge of the nation’s banking system.
Omarova graduated from the Soviet Union’s Moscow State University in 1989 on the Lenin Personal Academic Scholarship, according to the Wall Street Journal. As recently as 2019, she was still praising the USSR’s economic system as in some ways superior to our own. “Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best.'”
As a matter of fact, I will say what I will about the old USSR.
Teachers there were paid the same as doctors — because medicine was considered “women’s work” and both were paid crap numbers of worthless rubles. Sexism and central mismanagement, all in one murderously totalitarian package.
There’s a reason the USSR is defunct and the U.S. isn’t — at least until Omarova gets her way.
Omarova’s goal is the eventual elimination of private banking and the establishment of the Federal Reserve as the nation’s only bank.
In her own words:
“The core idea here is simply to allow all U.S. citizens and lawful residents, local governments, non-banking firms and non-business entities to open transactional accounts directly with the Federal Reserve, thus bypassing private depository institutions,” she wrote. “In this sense, it is a variation on the familiar FedAccounts — or FedCoin, ‘digital dollar wallets,’ etc. — theme. In principle, FedAccounts can be made available as an alternative to bank deposit accounts, upon a person’s request.”
(Excerpt) Read more at pjmedia.com ...
Obama’s dream team.
Actually, a direct account with the Fed would be more fair - why let the banking cartel charge a 2% access fee?
But credit unions already do some of this. And anyone who wants to start one can. But it does take effort, money and people.
FedCoin will be Tyranny Inc.
Welcome to China!
Very dangerous and they’ll breed like rabbits so you’ll never get rid of them
Eto otechestvenniy bank!
PING!
One commie asked his friend, "is this the best communism has to offer?"
His friend answer, "oh no, it's going to get a lot worse."
Now?
Ok would you rather live in the SU on a no-pay-gap salary or the US on the salary that a woman get's paid?
Biteme’s handlers know that he is a lame duck and they have no concern for his VP’s electoral viability, so they are entirely free of electoral consequence for their actions, thus they are free to go as radical as fast as they can.
The appointment is totally appropriate given the Communist takeover that has achieved the heights of power and is now consolidating its hold on the slopes below.
Once the government has control of your wallet, they can and will “guide” you to make wiser purchases, and investments. You will like it, at least you will tell yourself that. They will tell you who you can give your money to, and who you will not be allowed to give your money to.
Forget private charities, like Churches, Synagogues, “Right to Life” organizations, veterans charities, and unrecognized miscellaneous organizations, like the NRA. Go around them, buy “black market” goods, like guns and ammo, and your account could suddenly go to zero, without explanation or recourse. Ah, the wonderful world of digital money!
This has to stop.
He needs a security clearance for that job.
I guess we are not worried about Russia now?
But I see your true colors Shining through...
Yeah, and they are communist red, with brown-shirt/jack-boot trim...
отечественный?
patriotic.
It’s COOL! (Country Of Origin Label!)
Why is there a federal agent “in charge” of the banking system in the first place.
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