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Biden's Treasury Department nominee wants to bankrupt fossil fuel companies: Saule Omarova the last person who should be allowed near the economy and Senate should vote 'No' on her confirmation
American Thinker ^ | 11/10/2021 | Andrea Widburg

Posted on 11/10/2021 9:35:58 AM PST by SeekAndFind


Back in October, people began to be aware that there was something very wrong about Saule Omarova, Biden's nominee to head the Office of the Comptroller of the Currency, a subdivision of the Treasury Department that oversees about 1,200 banks, with assets totaling around $14 trillion.  It's a position one associates with capital and capitalism, but Omarova, a graduate of Moscow State University in the former Soviet Union, is a Marxist to her core.  Now a recently unearthed video shows that she dreams of bankrupting the fossil fuel sector in service to the climate change ideology.

Omarova has praised the old USSR because she claims that, unlike America, it didn't have a "gender pay gap," a completely erroneous assertion.  In fact, while America has a de minimis gender pay gap, the former Soviet Union had a significant one.  Here's Veronique de Rugy, destroying Omarova's assertion:

There is now a bipartisan recognition that when measured properly, the pay gap in the United States is minuscule. It certainly isn't the 21 cents per dollar often advertised by the left. The fact that she doesn't know this fact is telling about her poor understanding of economics.

[snip]

Sure, [Soviet] statutes expressly emancipated women and mandated equal pay for equal work. Yet large gender wage gaps and labor segregation persisted. Many scholars have documented how all communist countries were run by men; female leaders would have been unconceivable. Soviet women were not only expected to clean, shop for food, cook dinner, and raise the children, but also to perform the vast majority of physical labor such as street cleaning and highway construction.

So if they weren't getting equal pay for equal work, were they getting something else that their capitalist sisters weren't?


(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: fossilfuels; sauleomarova; senate; treasury
Omarova also believes in having the state set wages — in other words, she wants one-half of a government-managed economy. Once the state sets prices, too, we've gone full Soviet.

Biden nominee Saule Omarova saying the quiet part out loud. On the oil, coal and gas industries:

"We want them to go bankrupt if we want to tackle climate change." pic.twitter.com/luMR2HEMK9 — BidenNoms, A Project of AAF (@bidennoms) November 9, 2021



For Omarova, as for all ideologues, real people are an abstraction who get in the way of her utopian plans. The fact that thousands of people will lose their jobs is irrelevant. Likewise, she doesn't care that there's no way for renewables to produce the same amount of energy as fossil fuels (something Germany, land of rolling brownouts and blackouts, is discovering).

1 posted on 11/10/2021 9:35:58 AM PST by SeekAndFind
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To: SeekAndFind

You can’t fix retarded.


2 posted on 11/10/2021 9:36:56 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: SeekAndFind

Flimsey Grahamnesty thinks Senile Joe should have whatever lunatic he wants.


3 posted on 11/10/2021 9:37:02 AM PST by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: SeekAndFind

The Biden policy for Americans is “Starve and freeze in the dark.”


4 posted on 11/10/2021 9:41:51 AM PST by Little Ray (Civilization runs on a narrow margin. What sustains it is not magic, but hard work. )
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To: SeekAndFind

When all the chatter about no more fossil fuels started, I started a notebook list-—

Am on page 12 & still adding items that will NOT be available without fossil fuels.

INCLUDING glass & steel.


5 posted on 11/10/2021 9:46:19 AM PST by ridesthemiles ( )
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To: SeekAndFind
So this administration is making a statement with it's nominees.

"We are communists, stop us. If you can."

6 posted on 11/10/2021 10:05:30 AM PST by Wizdum (Tyranny always ends badly for the tyrannical. Ask Ceaușescu, Gaddafi or Saddam.)
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To: Wizdum

One third of the Senate Republicans just issued a statement, We’ll stop you communists, at least if it doesn’t effect our little gravy train. “I’m shocked, shocked, to find communists here! Your winnings sir! Oh thank you.”


7 posted on 11/10/2021 10:31:30 AM PST by ga1948
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