October 1, 2021
Today’s article falls squarely into the “you can’t make this crap up” category.
President Joe Biden has made his pick to be Comptroller of the Currency. The Office of the Comptroller of the Currency is a part of the U.S. Department of the Treasury. Its primary function is to charter, regulate, and supervise national banks, as well as some other institutions.
President Biden selected one Saule Omarova, who is currently a law professor at Cornell University. Ms. Omarova has, shall we say, a unique background. She attended Moscow State University on a Lenin Personal scholarship, graduating in 1989. Yes . . . that Moscow. Yes . . . that Lenin. In other words, she was a Russian Communist when being a Russian Communist was still cool.
Oh, but she’s changed, right? Remember perestroika and glasnost, and all that? Well, maybe Ms. Omarova didn’t get Gorbachev’s memo.
Ms. Omarova has expressed some “interesting” views. For example, she is taken aback by the pay gap that still exists between men and women in the United States. She says the pay gap was largely eliminated in the Soviet Union decades ago. Mind you, they executed political dissidents and didn’t have food on the shelves in grocery stores, but at least there was pay equity, you know. She has made clear that the market doesn’t always “know best.”
Ms. Omarova has stated many positions about banking that should immediately disqualify her from getting anywhere near a position of power in a financial-related bureau. She believes the Federal Reserve should take an active role in setting prices and workers’ wages.
Although Ms. Omarova would not be able to accomplish some of her more radical agenda items without Congressional action, the position of Comptroller still carries a lot of power. To put it in plain language, she can do a lot of damage.
Old Joe from Scranton has left Scranton a long way in the rear-view mirror. Mercy!
Oh, and one more thing. Why do we let America-hating Communists teach in our law schools??!! The intelligentsia in this country has a death wish.
That’s just 😟 scary