WATCH: Biden’s Banking Nominee Calls to Eliminate All ‘Private Bank Accounts’

Breitbart ^ | 11/13/2021 | Sean Moran

[Silentgypsy]

Saule Omarova, President Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), called during a March 2021 virtual conference to eliminate all private bank accounts and deposits.

Omarova discussed one of her papers, “The People’s Ledger How to Democratize Money and Finance the Economy,” which would help “redesign” the financial system and make the economy “more equitable for everyone.”

She said it would change the “private-public power balance” and democratize finance to a more systemic level.

During her conference speech, she said, “There will be no more private bank accounts, and all of the deposit accounts will be held directly at the Fed”:

Omarova said her proposal would give the Fed more “proactive” monetary policy tools, such as “helicopter money.” She also pondered how the Federal Reserve could “take money” from Americans during an inflationary environment.

[Silentgypsy]

Concur.

[StAnDeliver]

This 'person' should not have a job in the US, should not be in the US, should be deported back to that shithole Kazakhstan, where it is notable she has never written a 'paper' or even remotely complained that her comrade and dear leader Nazarbayev was a 29-year dictator! FUSO!

WIKI: "Omarova graduated from Moscow State University in 1989 on the Lenin Personal Academic Scholarship. Her thesis from MSU is titled "Karl Marx's Economic Analysis and the Theory of Revolution in The Capital." Omarova moved to the United States in 1991, where she received a Ph.D in political science from the University of Wisconsin–Madison, and a Juris Doctor from Northwestern University Pritzker School of Law."

WIKI: "Kazakh politician Nursultan Nazarbayev is currently serving as the Chairman of the Security Council of Kazakhstan since August 1991, who previously served as the first President of Kazakhstan, in office from 24 April 1990 until his formal resignation on 20 March 2019. He is one of the longest-ruling non-royal leaders in the world, having ruled Kazakhstan for nearly three decades. He was named First Secretary of the Communist Party of the Kazakh SSR in 1989 and was elected as the nation's first president following its independence from the Soviet Union. He holds the title Elbasy (meaning "Leader of the Nation")."

[Silentgypsy]

So aggravating. The people who want to run everyone else’s lives have usually screwed up their own.

[ConservativeInPA]

Send her back to Kazakhstan. Immigration is totally broken. I have zero, nada, nothing in common with this bitch. Certainly seem like Democrats just love this POS.

[StAnDeliver]

"Suspect that your worldview is a lot more sophisticated than mine. What do you suggest (without getting too specific)?"

Withdraw your nomination. Now.

[Silentgypsy]

It’s the thought that counts.

[Openurmind]

“My aren’t you a conspiracy theorist...”

He is absolutely right and on the money period. And if you do not see how blatant and obvious it is you are a communist sympathizer. Or too old and fuddled to see two feet in front of your damn face...

[21twelve]

My wife’s grandfather lived during the Depression. He had a TON of money hidden in the walls of his house.

My dad also lived during the Depression and had at least 10k hidden in various parts of the house. Some were pretty clever. Well hidden but could access it quickly.

[Silentgypsy]

Thank you.

[greeneyes]

Omarova said her proposal would give the Fed more “proactive” monetary policy tools, such as “helicopter money.” She also pondered how the Federal Reserve could “take money” from Americans during an inflationary environment.
***************************************************************************************
Idiotic. Inflation effectively “takes money(ie purchasing power)” away from people.

Helicopter money is like a flood that swooshes inflation to new highs.

[Silentgypsy]

There are a lot of people I’d like to send back where they came from.

[Flick Lives]

That the administration even puts forward a piece of sh*it marxist candidate like this shows their contempt for the country and the people.

[21twelve]

It really would be simpler to have one “bank” to handle everything. I'm old. And everybody uses those different apps that I don't care to figure out.

Just one simple federally controlled bank.

Of course you'll need to be vaccinated to be able to use it.

(Heh - I had “simple” and “federal” in the same sentence!)

[central_va]

Wow, so I have to put /sarc on that? LOL.

[Silentgypsy]

So concerning that we might be headed for situation like Zimbabwe or the Wiemar Republic.

[mware]

She gets the nomination. I am pulling all my bank accounts.

[Silentgypsy]

It’s exasperating.

[Silentgypsy]

Your post is a testament to your sense of humor—please don’t lose it. ;-)

[Openurmind]

I was hoping it was... :)

Got my eyes open lately... infiltrators are here big time. Funny thing too, they “joined” in 98 or 2002, yet straight up “current” propaganda trolls with an agenda.

I haven’t figured out how this is happening yet concerning the join dates, but I will figure it out yet... Something is fishy...

Sorry for the suspicions... :)

[Silentgypsy]

It’s hard for some of us to maintain a sense of humor with all the cockamamie ideas that the lunatics-in-charge want to institute. I’d appreciate your giving us some slack, bro.