Posted on 11/13/2021 11:57:03 AM PST by 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.
(Excerpt) Read more at breitbart.com ...
Sure would expose fractional reserve banking, no 100% cash on hand ever.
Yeah, and a CCP puppet as POTUS, who is also very compliant with his Chinese overlords.
>>It’s like reliving the 0bungle administration, when you’d wake up to one headline that was more bizarre than the next, day after day.<<
Man...you’re spot on!
You all thought they were kidding when they said that the state owns your children . . . now you know.
There is a LOT of stuff on NESARA all over the place.
Here is one to start with:
WHAT IS NESARA? pt1 | Economic Reset | What is the Federal Reserve?
A guarantee that your cash will be confiscated. It's called structuring. Banks are required to report repeated withdrawals just under $10,000.
Well.... sh*t...
Steal my accounts and I’ll react to that very...
Very...
Badly.
Thank you.
They have no idea what a hornet’s nest they’ve disrupted.
That's a lot of money for the times in the Depression!
A few years ago my wife and a couple of her siblings were clearing their mom's belongings from a house, prior to remodeling it for sale. Wife's mom was a packrat, hundreds of clothing items everywhere amid boxes of junk. Wife's sister was arbitrarily tossing clothes into garbage bags on the pickup truck destined for Salvation Army donation.
My wife yelled at her to stop, and my wife started going through the pockets. Her mom had many stashes of cash hidden in the clothing. Collected a couple thousand dollars this way. Check the pockets!
Because socialists believe that all money belongs to them.
Not yet they don’t.
When we start “sequestering their carbon”, they’ll understand.
Didn’t Margaret Thatcher say something to the effect that the problem with socialism is that you eventually run out of other people’s money?
Yes, it was the Iron Lady.
Oh, right. I knew it was the Iron something; not the Iron Dome, Curtain, etc.....
Saule Omarova is a very dangerous committed communist, and taking pleasure in her attempt to wreck America.
Would not be surprised if she is working for China.
Good comments.
Here she is
LOL! The Iron Dome is the nickname of the Israeli anti-missile defense system. And the Iron Curtain is the nickname of the 1970s Pittsburgh Stealers defensive line and also the border between the Soviet east and the free west.
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