If this isn’t a nightmare scenario, then I don’t know what is. The communist that Joe Biden has nominated to be in control of the banks wants to do away with deposits into private banks and everyone would have to use the Federal Reserve for all of their deposits. How convenient.
The Fed can seize your money any time they want to and for any reason, they want to and you can’t stop them.
Biden’s Marxist currency nominee Saule Omarova was born, raised, and educated in the Soviet Union. Her daddy was a Marxist and her mommy was a commie.
Why would we ever want to duplicate the banking system that was used in a country where the economy crashed? The government would then know every time you stopped for a cup of coffee or a Krispy Kreme donut.
Proposal by Biden’s Treasury nominee Saule Omarova:
"There will be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed" pic.twitter.com/ojQviX74Bz
— Jewish Deplorable (@TrumpJew2) November 12, 2021
In September President Joe Biden nominated Saule Omarova to become comptroller of the currency at the Department of Treasury. If confirmed, Omarova would be in charge of overseeing banking in the United States.
Omarova believes private bank accounts should be taken over and controlled by the Federal Reserve.
“Imagine what it would be like instead of just a public option for deposit banking, this would be actually the full transition. In other words, there would be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed,” Omarova said during recent remarks. “How is it politically feasible for the central bank to take money away from people’s accounts.”
President Biden’s pick for Comptroller of the Currency has provoked sharp criticism for past and recent comments that praised the Soviet economy.
Biden on Sept. 23 nominated Saul Omarova, a law school professor at Cornell University, for the office responsible with the regulation and supervision of all national banks. Omarova’s nomination drew immediate pushback from powerful voices who criticized her background and past comments that indicated a favor for the policies of the USSR.
Joe Biden seems to go out of his way to find the most radical people to name to his administration and to attempt to steal each and every one of our freedoms. He is certainly not my president.