Posted on 11/24/2021 4:02:09 AM PST by Kaslin
It is ironic when Democrats complain about sensational use of language.
Thanks to progressives, practically every white person in America has been labelled a racist.
But now Democrats are screaming because Republican Sen. John Kennedy suggested that Saule Omarova, whom President Joe Biden has nominated to head the Office of the Comptroller of the Currency -- the nation's top banking regulator -- might be a communist.
Kennedy opened his questioning of Omarova at her Senate Committee on Banking, Housing and Urban Affairs confirmation hearing asking if he should call her "professor or comrade."
Distinct from the labels and charges we regularly hear from progressives, there is substance to the senator's suggestion about Omarova's proclivities.
No, it's not that she was born in Soviet-controlled Kazakhstan, or that her degree is from Moscow State University, or even that her doctoral thesis is entitled "Karl Marx's Economic Analysis and the Theory of Revolution in the Capital."
It is about how she views the world.
This is someone who will oversee our nation's banking system that wants to "end banking as we know it" and transfer vast parts of it to government control.
Maybe we must read Omarova's doctoral dissertation to get a handle on the fine points of what we call communism.
But if turning our financial services system over to government control is not communism, suffice it to say it certainly is not what America is supposed to be about.
She proposes that the Federal Reserve, the least accountable entity in the federal government, take over a vast swath of private banking functions, with private banking accounts being replaced by accounts run by the Fed.
If there is a microsecond where you might think this is a good idea, look at what's happening now to prices at the gas pump and at the supermarket, where we see inflation at a 30-year high. Consider where this is coming from.
Yes, the Federal Reserve. Journals and newspapers burst with warnings from private economists over recent years that Federal Reserve monetary policy will lead to inflation, and Fed Chairman Jerome Powell has been poo-pooing these warnings.
Now it's happening. And this is who professor/comrade Omarova thinks should be taking over the full scope of our financial lives.
If you think turning over your financial security to the wise stewardship of the Federal Reserve is a good idea, consider that the Federal Reserve was created in 1913 with motivations not that different from those of Omarova. The whole idea then was that giving a government entity control over our monetary system would bring stability.
Under this great government stabilizing influence, we have been through the Great Depression of the 1930s, double-digit inflation and interest rates in the 1970s, and, most recently, a severe financial meltdown in 2008.
Since the Fed's creation in 1913, per economist and blogger Mark Perry, the consumer price index has increased by "27.25 times which has caused the U.S. dollar to lose 96.3% of its value/purchasing power." The 1913 dollar is today worth 3.67 cents. There are notable other areas where Omarova wants much more government power, such as giving government planners vastly more power over climate control policy -- to the extent of intentionally driving small oil and gas businesses to bankruptcy.
Maybe why so many Democrats, including our president, take offense at Kennedy's communist labeling is because they take his accusations personally.
The Wall Street Journal calls the Build Back Better multitrillion dollar spending frenzy, just passed in the House, "the biggest expansion of the entitlement state since the 1960s, and maybe ever."
We have two competing views in America today. One sees private property, individual freedom and personal responsibility as the answer to our problems. The other sees it as the source of our problems.
The first view I call American. The second -- well, if not communist, certainly it is not American.
Please, Senators, do not confirm Saule Omarova to oversee our nation's banking system.
allowing ELECTION FRAUD, SEDITION, and TREASON
to continue without accountability has CONSEQUENCES.
LOL. NONE of the Democrats in power should be in power. Why single out one commie ahole over the rest of all the commie aholes. NONE of them should be overseeing any aspect of our government or our lives. But they do.
We are fooked.
She should be breaking rocks in the hot sun.
The Warren court, except for Potter Stewart, honored the ACLU and a rebellious atheist over God and country. We have been getting more irrational (and irreverent) as a nation ever since. Be prepared. Review Jeremiah or Ezekiel. You can’t just throw a snowball on the sun’s surface& you can’t change God’s standards. U S A: Repent!
Thanks to Bidung, we now have two competing views in America today.
<><> one view.....we, the people.....sees private property, individual freedom and personal responsibility as inherently American,
<><> the other ... high paid govt elites...see it as the SOURCE of America’s problems.
The Bidung view, if not card-carrying professed communism, certainly is not American.
If there was a case for “re-education” this woman is it.
If the democrats want to see their favorability rating sink a lot farther, just let them vote her in. If they do, they are crazy!
Sen. Ron Johnson (R-Wis) asserts wisely: “Democrats can only get funding from the
stable, reliable working middle class for their massive leftist giveaway programs.”
Bidung’s $2-5 trillion social spending boondoggle is AKA the Biden Crime Family Billionaire Enabling Bill.
House Democrats just passed President Biden’s multi-trillion-dollar “Build Back Better” spending agenda. They’re pitching it as a historic investment in the middle and working class. So why is its second-largest provision a tax cut for the rich?
That’s right: The latest version of the Build Back Better plan includes $125 billion for healthcare subsidies and $130 billion to expand the child tax credit - yet it allocates $280 billion to fund tax relief for wealthy residents of blue states. The only item bigger than this tax relief for the rich is the funding for pre-k and childcare, which comes in at $390 billion.
At question is something called the state and local tax deduction, or SALT, for short. It essentially gives residents of high-tax (read: blue) states a discount on their fair share of federal taxes. The GOP limited the deduction as a part of its 2017 tax reform, and now the Democrats are trying to expand it again via Build Back Better.
The Democrats are attempting to spin this as “middle class tax relief,” but it actually almost exclusively benefits the rich. As the Washington Post explains, “Over the next five years, raising the SALT cap would provide a tax cut only to those who itemize their taxes and pay more than $10,000 in state and local taxes - a group overwhelmingly made up of the wealthy.”
According to the liberal-leaning Tax Policy Center, Americans in the bottom 40 percent of income-earners receive literally zero benefit from this change, while almost all of the benefit accrues to those earning more than $250,000 annually.
(Excerpt) Read more at newsweek.com ...
I have an even better idea than not letting her control our banking system. Don’t let this person control anything connected with our government! Her ideas are insane & completely out of touch with American ideals. If this is the way they do things in Kazakhstan, then send her back there. Sen. Kennedy is right about her. A woman like this has absolutely no business in our government & most especially in our banking system. If she is not communist, then she’s the closest thing to it. How did she even come into consideration for this job? Joe Biden? Yeah, that makes some sense. He hasn’t ruined our country enough & now he wants to put some more hurt on it? If he’s not responsible for his actions, then someone else is & that person or persons needs to rooted out immediately. Even sooner would be better.
I agree 100 percent with you.
Wonder how many stupid Republican Senators will vote for her?
The Federal Reserve is not a government entity. It is a private banking cabal.
If she is, there’ll be a run on banks like worse than what happened during the Depression.
Might be a communist , everyone that has anything to do with running the US is now a Communist
Communist Party USA haa succeeded by fixing the presidential election, thereby creating for themselves a four-year window of time to finish their century long agenda to complete their goal of turning the U.S.A. into a Communist country.
They continue to use euphemisms and fakery to fool a lot of the population into submitting. The Covid epidemic, with all the unknowns, helps their agenda big time.
They have hired a team of very, very bad players for appointments into the “the Biden Administration.” The cabinet members and assistant cabinet and staff are doing the hatchet job of destroying whatever great contributions of the Trump Administration they can reach.
My goodness - this is really crazy stuff:
https://www.youtube.com/watch?v=6IlYp-PC8rM
https://www.youtube.com/watch?v=U9Us0YKY-O8
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