Biden's Treasury nominee: "No more private bank deposit accounts.. will be held directly at the fed"

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Biden's Treasury nominee: "No more private bank deposit accounts.. will be held directly at the fed"​




"There will be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed."

Proposal by Biden’s Treasury nominee Saule Omarova:

“Saule Omarova was born in the Soviet Union in what is now called Kazakhstan and graduated from Moscow State University in 1989. She has pointed to the USSR’s practices as recently as 2019, when she tweeted about the gender pay gap, citing the USSR as a better model.”

https://www.youtube.com/create_channel?upsell=comment
 
Jmac00

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livingston said:

Biden's Treasury nominee: "No more private bank deposit accounts.. will be held directly at the fed"​




"There will be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed."

Proposal by Biden’s Treasury nominee Saule Omarova:

“Saule Omarova was born in the Soviet Union in what is now called Kazakhstan and graduated from Moscow State University in 1989. She has pointed to the USSR’s practices as recently as 2019, when she tweeted about the gender pay gap, citing the USSR as a better model.”

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Im sure the private banks will be more than willing to give up all there depositors money and all there income for the "fed" and why are we letting any freak'n commie run the banking system
 
prambo

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Jmac00 said:
Im sure the private banks will be more than willing to give up all there depositors money and all there income for the "fed" and why are we letting any freak'n commie run the banking system
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Because most DemonRats are running dog 5th columnists for the CCP?
 
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Jmac00 said:
Im sure the private banks will be more than willing to give up all there depositors money and all there income for the "fed" and why are we letting any freak'n commie run the banking system
Click to expand...
No private banks... only one national bank... They will only lend you money on projects that are socially acceptable to the collective. .. They want to do away with all single family homes . Think about that .. Just not make loans for single family homes . See how it is done ...

Tomorrow the Minneapolis City Council is slated to do something long considered impossible in American politics: end single-family zoning in an entire city. The council provided preliminary approval to the plan in December by a 12–1 vote.

If the policy is approved, as expected, it could mark a major turning point nationwide. Social scientists broadly agree that bans on multifamily housing are bad for housing affordability, bad for racial equality, and bad for the environment. Yet there has been a political consensus that changing these long-entrenched policies is out of the question. In neighborhood debates about planning and zoning policy, the loudest voices usually belong to people who are satisfied with the status quo. The vaguest of not-in-my-backyard objections from wealthy homeowners—who attend public meetings and regularly vote—are often enough to thwart the construction of new housing.
www.theatlantic.com

Minneapolis Saw That NIMBYism Has Victims

Single-family zoning hurts a lot of people. In Minnesota’s largest city, reformers put them front and center.
www.theatlantic.com www.theatlantic.com

See how this works... No more loans to any business it deems not socially acceptable... Gun stores ... Fracking companies... Folks that build the machines that lay pipelines ...If they cannot get loans ... They go bankrupt.. .
 
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When Looking at Treasury Nominee Saule Omarova, Do Not Forget Elizabeth Warren’s Consumer Financial Protection Bureau​

One thing CTH does is to look at proposed leftist advancements through the prism of previously blocked moves. The Joe Biden nomination of avowed communist Saule Omarova to the Treasury Department Office of the Comptroller of the Currency (OCC) should be considered in a similar perspective.

There’s a couple of different issues surfacing in the Omarova nomination. Obviously, she is aligned with the view that controlling money is another way to control the behavior of businesses and people; Omarova’s previous statements {Go Deep} about intentionally bankrupting oil and gas companies is indicative of the former – and the most recent statements are aligned with the latter. WATCH:

Obviously, Saule Omarova is interested in the concept of an all controlling central bank that would eliminate the need for private banking interests. As she states, “There will be no more private bank deposit accounts, and all of the deposit accounts will be held directly at the fed.” The basic premise is that all employers would funnel their payrolls into a centralized federal depository, where they would be then be taxed and re-distributed, electronically, to the workers.

♦ Big Picture – The COVID Passport concept, now currently deployed in Europe and Australia, then becomes the vector for entry into a digital identification process. At the end of that digital ID process is a centralized database, which, not coincidentally, directly aligns with the capability of the U.S. federal government to trigger what Omarova is advocating in that video – a centralized system to control all financial deposits and transactions through the digital ID previously created.
It doesn’t take a deep thinker to see how the federal government would eventually respond to having that much power over the financial accounts of Americans. Cue the visual reference:


1636855337666.png

theconservativetreehouse.com

When Looking at Treasury Nominee Saule Omarova, Do Not Forget Elizabeth Warren's Consumer Financial Protection Bureau - The Last Refuge

One thing CTH does is to look at proposed leftist advancements through the prism of previously blocked moves. The Joe Biden nomination of avowed communist Saule Omarova to the Treasury Department Office of the Comptroller of the Currency (OCC) should be considered in a similar perspective...
theconservativetreehouse.com theconservativetreehouse.com
 
Jmac00

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livingston said:
No private banks... only one national bank... They will only lend you money on projects that are socially acceptable to the collective. .. They want to do away with all single family homes . Think about that .. Just not make loans for single family homes . See how it is done ...

Tomorrow the Minneapolis City Council is slated to do something long considered impossible in American politics: end single-family zoning in an entire city. The council provided preliminary approval to the plan in December by a 12–1 vote.

If the policy is approved, as expected, it could mark a major turning point nationwide. Social scientists broadly agree that bans on multifamily housing are bad for housing affordability, bad for racial equality, and bad for the environment. Yet there has been a political consensus that changing these long-entrenched policies is out of the question. In neighborhood debates about planning and zoning policy, the loudest voices usually belong to people who are satisfied with the status quo. The vaguest of not-in-my-backyard objections from wealthy homeowners—who attend public meetings and regularly vote—are often enough to thwart the construction of new housing.
www.theatlantic.com

Minneapolis Saw That NIMBYism Has Victims

Single-family zoning hurts a lot of people. In Minnesota’s largest city, reformers put them front and center.
www.theatlantic.com www.theatlantic.com

See how this works... No more loans to any business it deems not socially acceptable... Gun stores ... Fracking companies... Folks that build the machines that lay pipelines ...If they cannot get loans ... They go bankrupt.. .
Click to expand...
thats why they are freaking out over crypto
 
Steal2B

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The great reset, the goverment decides your value, your worth, and whatever you can own or do ... Let's Go Brandon

 
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Private banks will just be Fed outposts, kinda like they are now; only all profit will go to the central bank/fed.
 
Saltwater60

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And the stock market hits 2,000 will be the headlines. They want this to spy on us and confiscate money as they see fit. I’m not turning my life’s work over to the government
 
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Jmac00 said:
Im sure the private banks will be more than willing to give up all there depositors money and all there income for the "fed" and why are we letting any freak'n commie run the banking system
Click to expand...
Because commies are already running a lot of our government?
 
BerettaGuy

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Cuomo may be gone but his Gun Squad remains.
I really hope that none of us on NYGunForum is naive enough to think that if you deposit 300 dollars in a bank account that the "bank" holds that money for you until you come for it.

The moment your $300 dollars hits the bank's credit ledger, it is immediately loaned out at 3 to 15% interest to borrowers and your $300 becomes a debit with a .01 pct interest rate while the loaned $300 become's an asset.
If everyone would stop borrowing money from banks they would collapse.
If everyone went to the bank and withdrew their $300 plus interest deposit, the bank would collapse.

I'm sure Brandon doesn't have a clue about this nominee, but his string-pullers do.
 
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So what can you do with lots of cash?
you can’t deposit it? That just sends flags to feds.
All bills are paid online. Nothing is local to pay with it
 
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