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De Omnibus Dubitandum - Lux Veritas

Friday, October 1, 2021

Welcome Comrade!

By Elizabeth Elkind, Politics Reporter For Dailymail.Com  

Welcome, Comrade! Biden's Soviet-born nominee for Comptroller of the Currency thinks Fed should 'end banking', admires USSR's economy because there was 'no gender pay gap' and says hedge funds are an 'a**hole industry'.

Saule Omarova is a Cornell Law School professor who graduated from college in. She wrote a paper advocating for the Federal Reserve to take over Americans' personal banking in order to have more policy clout against big banks. The agency she would oversee is tasked with regulating the country's bank. Republicans and bank lobbyists already oppose her nomination to lead OCD. A regulatory body Omarova proposed is included in a House bill introduced by progressive Rep. Maxine Waters aimed at expanding affordable housing. She previously worked in the White House within George W. Bush's Treasury. ............ 

Until I came to the US, I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best,’' Omarova posted on Twitter in 2019..........To Read More.... 

Biden's very questionable choice to be comptroller of the currency, By Andrea Widburg 

Joe Biden (or his puppet master) has a knack for choosing singularly inappropriate people for important government positions.  He put a woman with a long history of anti-Semitism into the Department of Justice's Civil Rights Division and nominated  his preferred ATF head a man so fanatically anti-gun that even Democrats couldn't support him.  

But with his nomination for comptroller of the currency, a position that involves overseeing banks, Biden has outdone himself.  Saule Omarova, who got her B.A. in the Soviet Union, is a Cornell law professor (i.e., an academic, which is already a problem) who hates banks, wants a Soviet-style financial system, and has a friend in Sen. Elizabeth Warren...........

She came to American in 1991, but, unlike many expatriates from a communist country, she doesn't seem to have a visceral animus toward a totalitarian social system or a command-and-control economy..

My Take - She thinks America should emulate the Soviet Union, which went bankrupt, because there was no gender wage gap, which is illegal in America.  But it apparently doesn't bother her that there also was no bread available and their super markets shelves were largely empty, except for the ruling elite, who all had special markets where only party members could shop and they could get what they wanted.  And that's the example she wants America to follow.  Which brings me to what I consider a central point.  If the soviet system was so wonderful, why did she leave, and when she was allegedly shocked at finding what she thinks is a gender pay gap, why didn't she go back? 

Two things, the fact she worked for the Bush administration tells us a lot about Bush and his crowd, and even Biden can't be this stupid, so you have to wonder who are making these picks for him. 

 

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