Stalinism coming to America. (THIS IS TERRIFYING. THE END OF ALL HAPPINESS.)

Saule Omarova, President Joe Biden’s [Stalinist] 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 spoke at the Law and Political Economy (LPE) Project’s “Law & Political Economy: Democracy Beyond Neoliberalism” conference in March.

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 explanation of her paper, she said that the Federal Reserve, the nation’s central bank, can only use “indirect levers” to “induce private banks to increase their lending".

Her paper calls for eliminating all banks and transferring all bank deposits to “FedAccounts” at the Federal Reserve.

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”.

Only the thugs in power will have control of their own enormous fortunes acquired by robbing the people.

A former senior government official told Breitbart News that if the Senate were to confirm Omarova, she would have the “most powerful, least accountable” position over America’s banking system.

When talking about FedAccounts, the former senior government official said, “The Democratic Party over the last couple of administrations, they want the government to essentially take over a lot of financial functions from banks.”

Here’s the typical Lefty gobbledygook that “explains” their intention:

“The LPE serves as a platform to discuss the role of law and legal discourse in the creation and maintenance of capitalism and in mediating tensions between capitalist order and democratic self-rule. Scholars in our network work to understand the relationship between market supremacy and racial, gender, and economic injustice; to articulate the relationship between capitalism and devaluation of social and ecological reproduction; and to explore the distinctive ways that law gives shape to and legitimates neoliberal capitalism, ranging from dynamics of financialization to the relation between the carceral state and capitalism. We also seek to offer concrete legal reforms designed to move beyond neoliberalism and toward a genuinely responsive, egalitarian democracy, with critical attention to the need for power and movement-building as part of any such transformation.”


How did Omarova even get into this country when people who “are or ever have been” members 0f the Communist Party are excluded? Is it at all probable that she - so lyal a Communist - was NOT a member of the Communist Party in the Soviet Union?


Omarova speaks of “capital” as though all private wealth is already owned or rightly owned by the collective.

Lefties think wealth is a feature of earthly existence like mountains and sea, and therefore belongs to nobody and everybody. They do not understand that wealth is created by individuals’ efforts.


It is just surreal- how can this actually be taken seriously? Every single congressman should be up in arms! I can only conclude that if she is nominated, it’s because they are all going to get rich off of it. They’re willing to sell us out to Communists.


This is breathtakingly ominous. How did we come to this malignant cretin. Is there anyone who would now, if they could, press a magic button and return to 2019…living in a pre-Covid freedom with the peace and prosperity of the Trump years.
Sorry for the ungrammatical message but I write this in white heat


Good description of all those in power right now, from Biden on down - malignant cretins!
And that’s how we got the insult of an Omarova.


Thank you, Cogito, for your total understanding of the gravity of this, and for your furious reaction. It matches my own. I don’t know what to do, I don’t know what anyone can do.

What happens here in the US will happen everywhere. This is the “Great Reset” being implemented.


Yes, I’m afraid you are right. I used to think that the notion of The Great Reset was conspiratorial nonsense. I know otherwise now.


Atlas will shrug.


Welcome, Wicksk!

Please, if you know, tell me where that valley is so I can go there too.

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