Ever since day one of President Biden taking office, a debate has been raging over whether his Administration is malicious or just almost supernaturally incompetent. Nobody wants to believe that a President (or more likely, his staffers who are really pulling the strings) would deliberately inflict so much damage on America. But could anyone possibly be dumb enough to think that throwing open the borders or shutting down the domestic fuel industry or pulling troops out of Afghanistan BEFORE evacuating our people, etc. etc. etc., could be anything other than disastrous?
Then, just as you’ve almost convinced yourself that they couldn't really hate America, they’re just really terrible at their jobs, they give you more evidence that it’s the former. Meet Cornell University law professor Saule Omarova, Biden’s nominee to head the Office of the Comptroller of the Currency, the most powerful and important regulator of banks, financial institutions and the US dollar.
She brings to the job such a long history of hostility to the banking industry and the established system that keeps our economy stable that it’s sort of like appointing Lex Luthor to oversee Superman. Her longtime dream is to kill the private banking industry and create a “National Investment Authority,” an independent government agency that would “centralize and nationalize strategic spending,” replacing the free market economy with a controlled economy, like that of China.
She’s praised the old Soviet Union for not having a “gender pay gap,” and she also recently told a conference that her NIA would direct capital toward “green” energy companies and away from the oil, gas and coal industries, because “we want them to go bankrupt if we want to tackle climate change.”
This is the type of idiotic blather that George Orwell called so absurd that only an intellectual could believe it. FYI: some European nations tried replacing reliable energy sources with insufficient and unstable alternative sources, and they ended up freezing in the winter and dying of heat stroke in the summer. And it could happen again, because leftists never learn from their mistakes, since their disasters are always someone else’s fault.
These are the type of grandiose, revolutionary pipe dreams that hothouse academics have been pushing for years, except the only places they actually work are in theory and in faculty lounges. Previous Administrations were smart enough to keep them there, but Biden actually wants to put one of these bubble-dwelling revolutionaries in charge of our money and our energy supply. That’s why it’s hard to believe anyone could have America’s best interests at heart and do that out of simple stupidity.
Omarova’s ideas are so out there, and would clearly be catastrophic to America’s economy and the free market, that even some Democrats on the Senate Banking Committee, including Sens. Jon Tester, Kyrsten Sinema and Mark Warner, are reportedly reluctant to confirm her. Surely, Biden can find someone better to deal with America’s money and energy interests. If not, try throwing a dart at the Dallas phone book.