[Hot Air] Joe Biden nominated Saule Omarova as Comptroller of the Currency. Her history is so radical that some Democrats are beginning to speak out about their concerns with moving forward with the nomination.At the end of September, the Wall Street Journal ran a story on Omarova’s nomination. What jumps out is her Marxist history. In her opinion, the Soviet economic system is superior to any other. If only women in the U.S. had generous maternity benefits.
The Cornell University law school professor’s radical ideas might make even Bernie Sanders blush. She graduated from Moscow State University in 1989 on the Lenin Personal Academic Scholarship. Thirty years later, she still believes the Soviet economic system was superior, and that U.S. banking should be remade in the Gosbank’s image.She envisions a centralized banking industry — she wants to expand the Federal Reserve’s mandate to include the price levels of "systemically important financial assets" as well as worker wages. She suggests "the Federal Reserve take over consumer bank deposits, "effectively ’end banking,’ as we know it," and become "the ultimate public platform for generating, modulating, and allocating financial resources in a modern economy." How’s all that sound? She wants to do away with banks, the very sector her job requires her to supervise. She would supervise 1200 financial institutions.
"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,’" she tweeted in 2019. After Twitter users criticized her ignorance, she added a caveat: "I never claimed women and men were treated absolutely equally in every facet of Soviet life. But people’s salaries were set (by the state) in a gender-blind manner. And all women got very generous maternity benefits. Both things are still a pipe dream in our society!"
Holy Choa! She's a hottie.