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Comrade Comptroller Crippling Country
Biden’s communist Comptroller of the Currency candidate is ideologically consistent and has said the quiet parts out loud for years. Saule Omarova is has let her red flag fly free, like she was back in the USSR, at least since 2017. So, it should not surprise you to find her on camera talking about bankrupting and throwing the entire American petroleum industry, all those well-paid private-sector workers, out of work. This is entirely consistent with the current actions of the penthouse progressive big bankers, choking off oil and gas project loans. Omarova is also perfectly aligned with the Build Back Better Act, now made more likely to pass by Kevin McCarthy and his motley crew of thirteen who helped the Congressional Progressive Caucus pass the infrastructure bill, clearing away Senator Joe Manchin’s biggest objection, as he stated on November 1.
The Twitter account, @BidenNoms, a project of the American Accountability Foundation, has posted a telling video of Saule Omarova speaking freely about her socialist schemes, wrapped in the cloak of saving the planet. The environmental movement in the West has long been aligned with socialism, recognizing that traditional class envy failed to generate revolution in the 1960s in America. Capitalists are recast as polluters. It is no coincidence that “environmental justice” leads to redistribution patterns that map closely with the redistribution patterns advocated by socialists. It is also no coincidence that the environmental movement drives costs and energy dependencies to the benefit of Russia, China, and leftist billionaires, with their Green grifts.*
So, listen carefully to Saule Omarova in two separate interviews on different days:
If you thought Biden nominee Saule Omarova’s plan to bankrupt the fossil fuel industry was a slip of the tongue, watch her discuss how to:
“Starve them of their sources of capital.” pic.twitter.com/MNXl7dIxUN
— BidenNoms, A Project of AAF (@bidennoms) November 10, 2021
As Senator Tom Cotton remarks in response:
This unhinged socialist wants millions of Americans who work in the energy industry to go bankrupt.
And Joe Biden picked her as his top banking nominee.
Yes, senator, and your Democrat colleagues are doing the same thing, by stages, with the Build Back Better Act. And, the big banks, controlled by penthouse progressives, are already choking off oil and gas exploration and production loans without a government order. Banks are redlining oil and gas projects. President Trump’s Office of the Comptroller of the Currency (OCC) finalized a fair access rule in January 2021 that compelled large banks to fairly lend to all customers. The moment Xiden was installed, the OCC announced a pause on publication of this rule, green-lighting the leftist bankers’ assault on disfavored economic activity, including oil, gas, and guns. The hold on the Fair Access rule was justified in the name of letting the next Comptroller sign off on the rule:
The Office of the Comptroller of the Currency (OCC) today announced it has paused publication of its rule to ensure large banks provide all customers fair access to their services.
The agency proposed the rule in November 2020 to codify more than a decade of OCC guidance stating that banks should conduct risk assessments of individual customers, rather than make broad-based decisions affecting whole categories or classes of customers, when providing access to services, capital, and credit.
Pausing publication of the rule in the Federal Register will allow the next confirmed Comptroller of the Currency to review the final rule and the public comments the OCC received, as part of an orderly transition.
The OCC’s long-standing supervisory guidance stating that banks should avoid termination of broad categories of customers without assessing individual customer risk remains in effect.
Now we know the real intent is to avoid publication of any such rule, since it frustrates the policy preferences and beliefs of the radical left. Omarova wants banks to defund coal, oil, and gas production. The Democrats in Congress are putting into law what Xiden is doing with executive orders, cutting off public lands to oil and gas production. This commie’s Comptroller candidacy is not a prank, not a trolling operation. She is a woman of the left and openly advocates the left’s positions on private ownership of capital and on control of society through environmental schemes.
Take a look at the prices already at the gas pump, and understand this gang sees your pain as a good start. You are being nudged, no, shoved, into getting on public transportation or getting into an electric vehicle. The more money you must devote to essentials, the less you have to donate or act in opposition to the penthouse progressives’ agendas.
Let’s Go, Brandon!
Etsy: Biden I Did That Gas Pump Sticker https://www.etsy.com/uk/listing/1053184560/biden-i-did-that-gas-pump-sticker-3
* See the U.S. Senate 2014 Republican minority report, “The Chain of Environmental Command: How a Club of Billionaires and Their Foundations Control the Environmental Movement and Obama’s EPA.“
Published in Politics
When people babble about MMT, it comes down to politicians spending money productively. Like it gets an actual ROI. Good luck with that.
Assuming the country (with some semblance of historic Americanism) survives this will be a fascinating era to study to find out how this insanity happened.
Media complicity is a major factor.
Yes, but the means of media complicity involved injected political actors in to media positions. Conservatives never seemed to realize the threat and the need to take proactive measures to keep Progressives from taking dominant positions. It was like McCarthyism was made so odious that the communists were given a pass for the balance of the Century.
Yes, and by political actors I’m sure you’re referring to the dozens upon dozens of FBI and CIA agents who are now working for CNN/MSNBC and other legacy networks. Once you start noticing it, you can’t not notice it.
I think the most egregious example is George Snuffleupagus. Clinton’s hatchet man.
Not necessarily. See Sinema, a leftist who has shown she wants to play a long game, not try revolution now, and Joe Manchin. You must have both for starters.
See Wilson’s administration. See the New Deal Era.
Essential factor.
If he hadn’t gone full NeverTrump, I would have read Kevin Williamson’s The End is Near and It’s Going to Be Awesome. It came out in 2013, and its premise is that eventually this overspent economic house of cards will collapse, but Americans are uniquely capable of rebuilding a workable system from the rubble.
Sshhhh, don’t let Joe Biden and Saule Omarova hear that, they’ll do something to the rubble!
That is a good book. He is really good at explaining technical things.
The only thing I wonder about is, there is more of a ratchet effect going on I think. I pay for financial analysis. There are a lot of hard changes being made to the economic structure, the government and the deep state, and the way society thinks. We are lucky Trump illuminated so many bad things.
Those are Democrats. I’m saying the GOP will provide the votes to put her over. They always disappoint.
Supposedly her college thesis has been hidden? This reminds me of the WH asking Wellesley College to block access to Hilary Clinton’s thesis on Sal Alinsky, only worse……
“Her thesis, titled “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital,” remains an item of interest to some members on the committee. ” https://www.foxbusiness.com/politics/biden-comptroller-omarova-moscow-state-university-thesis-marxism
November 12th – another day, another pipeline shutdown?
https://video.foxnews.com/v/6281600317001#sp=show-clips
Trying to shut down a pipeline in Ohio??? 120 year operation? This woman cannot be confirmed, and this administration has no interest in real families and communities.
They’re not stupid. They know this will cause prices to spike and harm Americans. It’s deliberate.
A revolution is needed.
This is a big deal. In 1979, a majority of economists thought that stagflation was impossible, even as they were witnessing it. Paul Volcker was one of the few who recognized the problem – as Milton Friedman said, too much money chasing too few goods – and had the will to take the necessary steps to solve the problem.
I’ve been consoling myself that in 2021, at least we understand that stagflation exists, but your point is well taken: stagflation might conceal a larger set of problems. Who will be able to find those concealed problems and have the will and authority to implement the solutions?
You have to be able to genuinely get ahead by being productive and honest. Sensible risk-taking needs to be appropriately rewarded. Credit needs to be fairly allocated. You have to be able to develop your human capital at a fair price.
That is not what is happening, so everything and everyone is going crazy.
Gee, what system are we heading for? Who did that?
https://tribunemag.co.uk/2021/10/crypto-is-not-an-alternative