Oh, how I loathe this overuse of "historic"!
The quotes are from a spokesperson for the White House and a spokesperson from Senate Banking Committee Chairman Sherrod Brown, from "Police report reveals striking details about Biden nom Saule Omarova's 'retail theft' arrest/Omarova admitted to stealing $214 worth of items from T.J. Maxx in the police report" (Fox News).
I don't know what's supposed to be striking about the details. That the items were 4 pairs of shoes, 2 bottles of cologne, 2 belts and and some unstated number of socks? That Omarova was 28 when this happened? That the charges were dropped under a Wisconsin "first offender" program? That she's a Cornell Law School professor? That she's written about Marxism and recommended an end to banking "as we know it"?
I really don't know. But I also don't know what's supposed to be historic about her. If the article says, I missed it. Is it that she is in some minority group that hasn't yet been represented in the leadership of the particular part of the government — Office of the Comptroller of the Currency — that Biden nominated her to lead?
Can we stop using "historic" that way? Everything is a "first" if you define the category narrowly enough. "Historic" denotes great importance.
Omarova, who came to the U.S. as a university student, and is now a U.S. citizen, strongly denies she holds communist views. She accused her critics of singling her out because she is a woman and a minority.... Omarova was born in what is now Kazakhstan. She came to the U.S. as part of an exchange program when she was a student at Moscow State University in 1991. But when the Soviet Union dissolved, she was stranded in the U.S. Today, she is a U.S. citizen.
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94 comments:
when the Soviet Union dissolved, she was stranded in the U.S.
She could not fly back to Kazakhstan, because all the airlines would have singled her out because she is a woman and a minority.
She's a commie Marxist who learned monetary policy in the actual fucking USSR.
That's historic, and it's monumentally stupid that she was even nominated.
If any R votes for her they should be primaried.
Now they're just rubbing it in our faces.
First admitted shoplifter is not significant enough?
More socialists per cubic foot in this administration than they have over in Moscow. I'm pretty confident about this statement. It's as if these people with degrees from Cornell, Harvard, and Yale never took a single world history course on their way to Elite Status.
Not much more to say other than this cabinet continues to remind me of a Gary Larson Far Side comic.
28 years old? That's full-grown adult.
18 year old - I'd be more forgiving.
28? no way. This person cannot be trusted. But then - Biden and his family are crooks who live off the backs of American Tax payers. Crooks for the crooks.
The only reason she was detained while shoplifting was that the store detectives singled her out because she is a woman and a minority.
By the way, was that the only time that she shoplifted -- or the only time that she was caught shoplifting?
The White House strongly supports this historic nomination.
Cloward and Piven weren’t available?
Notice Biden has already been erased from that formulation.
Maybe it’s historic because it’s the first time a nominee for Comptroller of the Currency has wanted to “end banking ‘as we know it’ “? Just spitballin’ here.
American commies are so lazy that we have to import foreign commies to do their "jobs" for them.
Peak society.
Maybe "historic" means an open Communist and petty thief.
I was born in Des Moines, IA. People from Des Moines represent a tiny fraction of the people in the US. I'm an underrepresented minority!
I'm also a man, which means I'm in another minority group (men make up ~49% of the US population).
I demand a position in the Biden administration for which I have no experience, but I'm eminently qualified! The only reason I'm being held back is because I'm being singled out as a man and a minority!
Please support my nomination to a huge $ government (i.e., taxpayer) funded job - it will be historic!!
Obviously, they're using "historic" as a way of deflecting legitimate attacks on her qualifications. Just like they've done with every other mediocrity and incompetent bureaucrat that they've installed in this administration.
But, no mean tweets.
Historic: Nominating a communist to head the US Banking System...What could go wrong?
She's "historic" because her goal is to destroy the economy and she is open about it, name another nominee that was so open about their desire to destroy the US economy, in order to "build it back better" I guess.
Sure. Whatever. I see that GM has retained Biden's brother as a lobbyist/bagman and now GM is getting goodies in the BBB bill. What's good for James Biden is good for the country!
Prof A: Omarova is "historic" all right. You have to look beyond what she's done --like stealing an armload of non-essential stuff at an age (28) when most of us humans are supposed to be mature and law-abiding without adult supervision. And you have to look beyond who she is --like FIRST WOMYN COMMIE WITH ZERO SKILL BUT A BIG MOUTH, etc.
You have to look at the history she is going to CREATE if she gets into power. The history of unprecedented economic disaster for this country and by extension the rest of the planet.
It's staring us all in the face. She's not the only one responsible for this gigantic dumpster fire, but if appointed she will most certainly contribute greatly to it.
IMHO.
It's "historic" in the same sense that it would be "historic" if Ed Kemper was named as Dean of Students at UC Santa Cruz.
Honestly I'm more inclined to hold the shoplifting against her. But there is a conundrum here. On the one hand, we probably shouldn't attach too much importance to any pro-communist things she said while the Soviet Union was still around. She'd have to say such things, just to earn the state's trust and be allowed to study abroad, yes?
On the other hand, the Soviet state had a vested interest in only allowing trustworthy communists to study abroad. So was she fooling them then? Or is she fooling us now? Or was she always sincere, and her views have changed?
Conspicuously absent from the reporting I've seen are any details about her academic work, her public statements about economic theory and policy, or any other damn thing on the record that might actually put this controversy to rest.
There is a potential problem here for the progressive narrative. In order to have many "historic firsts" and to maximize the potential size of the progressive coalition, non-white has to be defined broadly. But to make credible the idea that whites are powerful oppressors, the group "whites" cannot be made too small.
It is historic because she is the first Russian to be named to a high US! govt position.
Born in the former USSR.
Is she a US citizen? I am assuming so but could not find confirmation in a cursory search.
John Henry
"Historic" in that she's the first Kazahk-born woman to be stranded in the US when the USSR collapsed to become a nominee for this post.
Klar?
Oopsie. Didn't read below the fold. She is a US citizen and, since Khazakistan does not allow dual citizenship and revokes citizenship for any Khazaki who takes another citizenship, she is not a Khazaki citizen either.
John LGBTQBNY Henry
She is a Communistic Progressive. They think it is historic, when actually it is being done to hasten the downfall of America.
Just another lawless, crackpot commie from QuidProJoe. Is that what’s historic?
Getting a qualified woman would be historic.
"Can we stop using "historic" that way? Everything is a "first" if you define the category narrowly enough. "Historic" denotes great importance."
I don't know, I feel like the confirmation of a nominee who has said they want to destroy banks to a position in which they will oversee banks is "historic" under your own description.
At some point, we need to acknowledge that Omarova was nominated precisely because she hates the American way of doing things. One should assume that Biden and all of her supporters are in agreement that we need to do away with our banking system. Otherwise, why nominate her? What other attributes and skills does she bring to the prospective job?
"In one paper, Omarova suggests the federal government could offer a bank account to every American through the Federal Reserve."
If you agree with what Federal control has done with Education and Medicine, then why not Banking as well. Next the Housing market, then Food.
Well, (1) it is perhaps relevant she didn't steal necessities, but rather luxuries; an arrest for stealing bread or baby formula would, I think, provoke a different response; (2) she is being nominated to be THE regulator for.....America's banking industry. While a 25 year old shoplifting arrest might not be relevant to someone being nominated to other positions, or running for office, or, indeed, becoming a professor.....one would think a "regulator" would be, you know, someone without an arrest record for petty theft? Was there no one else with similar expertise who could have been nominated for this post?
Or is this a bug-or-feature thing, where her Chesa-Boudin-apres-la-lettre resume was a PLUS?
How close to the Manchurian Candidate script do we need to get before people see what is going on? Born in 1966 in "Kazakhstan," which was actually the Kazakh Soviet Socialist Republic, a part of the USSR at the time and remained a part of the USSR until 1991, the last of the Soviet republics to seek independence. Omarova was steeped in communist education. She went to the Moscow State University in 1989 on the Lenin Personal Academic Scholarship, where her thesis was "Karl Marx's Economic Analysis and the Theory of Revolution in The Capital." She then "moved" to the United States - was sent, more likely - where she obtained a PhD in political science and got a law degree, neither of which qualifies her for the position to which she has been nominated. As recently as February of this year, she advocated bankrupting oil and gas companies to address climate change and proposed having the Federal Reserve "end banking as we know it" and implement price and wage controls - i.e., set up our very own centralized "five-year plan." Sound familiar?
So, we have a nominee who is likely a communist plant or sleeper agent, who has advocated demolishing the very thing over which she would have control and instead create Soviet-style control over the country's economy, nominated by a pseudo-President who is likely being controlled by foreign Communist powers. I think the petty theft is the least of my concerns.
This nominee is historic for being the very worst possible person to be let near the levers of power. She is a completely unrepentant communist and has stated categorically that she intends to inflict as much to America as she possibly can.
After "historic" or "the first" comes "only the Nth" for some N>1. What is the upper bound on N? Seems to be 3. Ah, but then there all the combinations of many identity groups, so "historic" will be around for a long time. News media need the sizzle, not the steak.
She's a USSR-praising communist who has vowed to use currency control to destroy the fossil energy industry by cutting off their access to finance.
I'd say that's rather "historic".
Historic firsts:
First head banker that wants to destroy industries by starving them of banking.
Likely first appointed adult shoplifter…
First Moscow State student?
Biggest asshole is historic…
As a positive modifier, Historic can only be used about Democrats
You know what might be historic? The democrats touting a candidate for their abilities rather than their genetics.
I don’t know if Saule Omarova wants to nationalize the banking system by forcing all of the United States banking customers into one bank run by the U.S. government, whether by the Federal Reserve or some other federal agency. If true, that would give the federal government total access to everyone’s money and financial data. There would probably be no need for legislation to allow the IRS to access peoples’ banking info to see if they are hiding money from taxation as was recently reported to be in bills in front of Congress if there is one bank run by the federal government as they already control peoples’ banking data. Also, if the IRS considers that a taxpayer is not paying enough in taxes, could they seize that person’s money? Chilling thought. If Omarova’s defenders say that she isn’t a Marxist, this alleged proposal of hers sure smacks of Communism and state control of U.S. citizens’ lives!
the first shoplifter? That's quite an achievement.
This time i'm Serious. A historic opportunity to garner words that irk Althouse can't be missed
ps. I'm wearing short pants, as i write this
A hard NO on this nominee. These politicians are so anti-American prosperity that it makes my skin crawl. All my "liberal" friends are disconnected from all of this now that the orange man is out of power. They are going to wake up one day and find they are destitute and wonder why their trusted voices keep saying everything is just fine.
First communist in charge of the banking system? I’ve not nothing else
From https://www.rferl.org/a/saule-omarova-biden-soviet-union-comptroller/31524305.html
'In the same interview, Omarova explained what she believes is behind the controversy over her nomination.
“I am an easy target," she said. "An immigrant, a woman, a minority. I don’t look like your typical comptroller of the currency. I have a different history. I am easy to demonize and vilify.”'
Sounds pretty run-of-the-mill wokist victimism to me. It's only historic if you think everyone who comes out as put-upon makes history.
why would Anyone think that someone who
...Was Born in the USSR
...Went to Moscow State University
...Recommended an end to banking "as we know it"?
...Considers theft to be property
Why would Anyone think that person might be a commie?
I do hate the use of the word "historic" too, but in this case it is appropriate. She'd be the first Marxist in charge of the banking system.
She's also a person of poor character. I don't care that she was a first offender thief. And at age 28, she was a mature person.
The irony here is that she's a Marxist who stole from a capitalist store. As head of the OCC, she'd be conducting another form of stealing.
What I find especially significant is that Ron Klain and Janet Yellen nominated a known Marxist and thief to lead the OCC and actually thought she could be confirmed. WTF?
Ugly and personal fight? The fuck! She's a Commie. She's not qualified. it's about her qualifications and politics.
And what the fuck is wrong with Cornell Law School in hiring a Marxist? There were certainly plenty of qualified people who applied for that gig who weren't Marxists.
Does WI Law School have Marxists on the faculty? I know Creighton Law has some real idiots; starting with the woke Dean.
Does promoting an "end to banking as we know it" sound like "regulating banking"? Once you've ended banking as we know it, what's left to regulate?
She wants the Federal Reserve to provide retail banking services. But that's an independent unit of the government, and it has its own governance board. So how could the Comptroller accomplish this? And, WHY?
This nomination looks to me like the nomination of our first "female" four star transgender admiral, Rachel (nee, Richard) Levine. Something intended to pander to the weirdest part of our society, while rubbing everyone else's nose in the dirt.
"First Lenin-scholar, Marxist, shop-lifting (as an adult) bank regulator who wants to do away with retail banks and have the Govt take over that sector."
Historic in the sense that no one ever before thought that might be a good idea!
i think the 'striking details' are that
The Admin admits that they knew about her shoplifting spree..
saying the nominee has been "fully transparent" about the incident
AND thinks that her having taken
the items by placing them into a large purse and covering them with other clothing items to obscure the stolen items.
means that the arrest was
which was a "result of a misunderstanding and confusing situation."
From the Twitterverse:
GOP LA Sen Kennedy to Comptroller of the Currency nominee Omarova: I don't know whether to call you 'professor' or 'comrade.'
First Communist Comptroller of the Currency is a notable first, isn't it?
“Everything is a "first" if you define the category narrowly enough”.
You see this sort of thing more and more, and not just in political contexts. You see it in weather reporting, where almost any event will be hyped as historic. Often that’s an effort to link the weather to climate change, but it is also often just hyping for the sake of hyping. You see it a lot in sports: “Wilson is the first quarterback to throw for 275 or more yards in the each of the first five road games of his seventh season in the NFL”. I mean, so what? I think a lot of this comes from people having access to computers and sortable databases and apparently not much ability to see what really might be important.
Below are the courses the Marxist teaches at Cornell. She's a pure academic. I doubt she's ever drafted an S-1 or done any REAL securities work. Or represented a bank.
6821 Securities Regulation
6242 Corporate Finance
6461 Financial Institutions
7675 Issues in Financial Regulation
And we shouldn't be holding people responsible for the indiscretions of their youth this way. What hungry and desperate teenager wouldn't shoplift shoes, cologne, and socks?
The Marxist worked at Davis Polk, so I withdraw my comment about lack of practical experience.
NPR wrote this, " She accused her critics of singling her out because she is a woman and a minority." This is so typical. Place the race and gender card when things get tough. We can't have a Marxist running the OCC!
When people say something is historic, they usually mean old methods misapplied in the modern world.
First Thief. Nah, not historic at all.
To be fair, her shoplifting should be forgiven.
After all, Hunter snorted cocaine from the ass of an underage Chinese whore/spy and he's a model citizen now...
...and her PhD thesis from Moscow State (as a Lenin Prize scholar, no less) is mysteriously "lost" and unavailable to be supplied to the Senate committee vetting her nomination. Don't know about you, but I have an unbound copy of my PhD dissertation in the second drawer to the right of me, and a bound one in the bookcase behind me. Doesn't pass the smell test that she can't supply one either.
Not sure if Ann is saying she shoplifted at 28 and that was years ago so no big deal?
I might agree if it was 16 or 18, but not 28. At 28 I think your basic character is in place.
Gosh, I wonder why people are opposed to her nomination. The tweet re gender pay gap in the old USSR is also factually wrong.
The OCC charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC is an independent bureau of the U.S. Department of the Treasury.
“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.
In a recent paper “The People’s Ledger,” she proposed that 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.”
Ms. Omarova has recommended a “National Investment Authority,” with members overseen by an advisory board of academics, to finance a “big and bold” climate agenda.
And would also like a politically and structurally independent “Public Interest Council” of “highly paid” academics with broad subpoena power to supervise financial regulatory agencies, including the Fed. The Council, she explained, would not be subject to the “constraints and requirements of the administrative process.”
On the oil, coal and gas industries: "We want them to go bankrupt if we want to tackle climate change."
I don't know what's supposed to be striking about the details. That the items were 4 pairs of shoes, 2 bottles of cologne, 2 belts and and some unstated number of socks?
Well, she's not exactly Jean Valjean.
The term "shoplifting" has distinct connotations for Americans raised in a capitalist society. But Ms. Omarova grew-up in a communist society. It's likely that in her mind she was not shoplifting, she was appropriating public goods that she needed. Remember the Marxist creed: "From each according to his ability, to each according to his needs". Ms. Omarova simply secured "free access to and distribution of goods, capital and services". (Quoted references are from Wikipedia).
By this criteria (woman and former USSR country birthplace), wouldn't Melania Trump have been a minority (woman and Slovenia)? Doesn't NPR owe the former first lady an apology fer her ill treatment?
"Omarova, who came to the U.S. as a university student, and is now a U.S. citizen, strongly denies she holds communist views."
Which is exactly what you would expect a Communist to say.
From a website named 'Wikipedia':
"In a Feb. 2021 seminar, she discussed oil and gas companies, and said, "We want them to go bankrupt if we want to tackle climate change, right?""
So awesome, right?
Yancey Ward said...
What hungry and desperate teenager wouldn't...
Be Twenty-Eight years old?
Are Kazakhs BIPOCs now - or only sometimes?
If you adhere to a dogma that must consider everybody's race, then you must assign a race to each person. How many races are there in the woke pantheon? Black, white, Asian/Pacific Islander, "Indigenous" (to somewhere) -- other? Is everyone East of the Suez Canal and West of Seattle and Asian/Pacific Islander? Turks, Pashtuns, Pathans, Persians, Georgians, Azeris, Armenians, Chechens -- all "Asians"? Or are some white? Don't Persian and Armenian, and Turkish immigrants to the US get tarred with having "White Privilege"? Lebanese, Syrians, Kurds?
4 pairs of shoes, 2 bottles of cologne, 2 belts and and some unstated number of socks
What a strange list of items. They're certainly not necessities. Does it suggest she is a compulsive shoplifter? That she was stealing Christmas presents? Is there any chance it was a misunderstanding of some sort?
Anyway, it may have been 25 years ago, but she was an adult far past the youthful indiscretion stage of life.
Elections have consequences. Progressives do not like the USA. Giving one of them such influence on monetary and other financial policies seems like a death wish.
#nomeantweets
I am most perplexed by Omarova's claiming minority status. She's an ethnic Kazakh, and should she have ventured south into China, she would doubtless have joined the Uyghers in their lovely "re-education camps." But she went to school in Moscow, which is a very long way from Kazakhstan.
Citizens of the former USSR are "Caucasian," nyet? She might have been a "minority" in the former USSR. She will have a harder time claiming same in the US.
"Everything is a "first" if you define the category narrowly enough."
If they laud you as a "first" you are incontrovertibly a token. And they derive great delight from their tokens.
Sen Kennedy asked if he should call her comrade? Since he was educated in socialist UK I guess the answer is yes. Turns out he set her up to hit it out of the park, but she did sound like Natasha out of Boris + Natasha.
IT will be fun to watch Trump highlight some of her better quotes. She is on video saying out loud all of the things democrats wanted to sneak past everyone.
I know a lot of you want someone else, but even Desantis is the wrong tool for the job.
We need Trump to slay the beast.
Desantis will be good at cleaning up what is left over.
She may well be the first shoplifter appointed as Comptroller of the Currency.
You have to take your "firsts" where you can find them
Is it that she is in some minority group that hasn't yet been represented in the leadership of the particular part of the government"
Correct. The first communist criminal who wants to destroy the sector she is supposed to superintend.
Ok, let's just wrap up some things, shall we?
1: The claims that the charges were dismissed because there was a "misunderstanding" are utter BS.
2: She was not steal food or other necessities, she was steal nice things that she didn't want to pay for.
3: She was 28, that's "legal adult" even under ObamaCare rules
4: She didn't go to jail for that theft because it was the first time she was caught. There's absolutely no reason to believe that was the first time she stole.
Any member of the Senate who votes for her, or either Party, is a vile scum bag of a human being. Thieves do not "deserve representation" in the Treasury Department.
It's an insult to whatever group she's supposed to belong to that lefties are pretending that a thief like her is the "best" one can get from that group
Althouse said...
Can we stop using "historic" that way?
Well, Karl Marx espoused historical materialism.
Marx begins the Chapter One of The Communist Manifesto, "The history of all hitherto existing society is the history of class struggles."
First of all, The White House said she was a histrionic candidate, not historic. Second, the shoplifting was actually just free-lance socialism which she undertook to complete a senior project at Moscow State University. If this had occurred in SF today, she would never have even been ticketed, let alone arrested. Third, she attended Moscow State on a Lenin Personal Academic Scholarship, where her thesis was "Karl Marx's Analysis and the Theory of Revolution in The Capital." Who else is Brandon going to choose who is more qualified to fundamentally change the US banking system while bankrupting the oil industry? After all, Howard and gadfly are otherwise engaged.
"The Council, she explained, would not be subject to the “constraints and requirements of the administrative process.”
So a modern day Politburo for regulating financial institutions that are at the core of our economy. Not Commie at all, y'all.
In her defense, don’t Marxists believe that property is theft? So she was just stealing stuff that was already stolen, right?
Amazing that her horrendous policy ideas and ideology are being buried by making public, solely for distraction purposes, what should be disqualifying behavior as an adult, a lawyer, and a public official. This isn't the press walking the dog and saying, "Look, a squirrel! Chase the squirrel!" This is the press telling the public, "Look, a pile of manure! Roll in the manure!"
I'm admittedly cynical and when I see the word "historic" in this context, I assume "unqualified" is what they mean. Diversity has displaced merit in our government. And not just government.
Observation from Senator Tim Scott:
“One has to wonder how many other Senate Democrats want to sign up for a plan that would cut Congress out the loop on spending decisions by enabling the executive branch to gather its own funding by seizing private capital. This is a recipe for an authoritarian state, not a federal representative republic.”
And as Ed Morrissey notes:
“That’s entirely the thrust of Omarova’s public philosophy, as Scott detailed through her own words. The question isn’t whether an old peccadillo should sideline Omarova, but why Joe Biden ever nominated her in the first place.”
So she's always been a grifter?
About the US fossil fuel energy sector, Omarova says: We want them to go bankrupt if we want to tackle climate change, right?”. Sounds like a typical Communist / Marxist way of tackling a project - use a sledge hammer when a fly swatter will do. This woman has no clue what such an abrupt action will do to this country’s economy or how many people will suffer from the ability to keep warm in the winter or having no food to eat or a job because of all the businesses that will have to shutdown due to lack of energy - basic necessities to survive (although the Amish will survive since they don’t usually need fossil fuel energy to live and they grow their own food, I would think). To abruptly convert our energy needs entirely to “renewable” energy is not only impossible, but supplying all of the energy needs of this country via wind and solar is a fool’s errand with the current technology. I am leaving out nuclear as the same “greenies” pushing wind and solar also are against nuclear anything - civilian and military. And most likely they are against hydroelectric since dams also alter the environment and ecology.
On second thought, maybe she does know what she is doing. Destroying our country from within and enslaving its citizens just like the Soviet Union (and most of the countries that it broke up into), China, Cuba, etc. Along with what the Biden Administration and the Dems in Congress are trying to do on other fronts with policy and out of control spending and taxation.
She couldn’t return home because the Soviet Union dissolved, That’s because she was a commie spy working for the people who invaded her homeland.
The people who liberated her birthplace and their homeland from Soviet control would have imprisoned her. For being a turncoat spy.
This of course got her cred in the Ivy League.
Bart Hall: "She's a USSR-praising communist who has vowed to use currency control to destroy the fossil energy industry by cutting off their access to finance."
True, however, according to readering, Senator Kennedy of LA attended school in the UK for some period of time so that is the big takeaway from today's hearings where an open commie espousing the destruction of private bank accounts and a structure to allow the executive branch to grab its own cash from the citizens is really just a big "meh".
For those who may be interested, her Cornell Law CV.
https://ww3.lawschool.cornell.edu/faculty/faculty_cvs/Omarova.pdf
Which includes:
Moscow State University, Moscow, USSR
Diploma, with honors, June 1989 / Major: Philosophy
So, it was only a diploma course.
The CV is actually quite useful for listing her very problematic current and soon-to-be-published material.
Also in her defense, she wasn't a communist until she got to Madison, WI, where the number of commies per square foot exceeded that of her homeland of Boratistan
I guess some Democrat voters will believe the “progressive” Democrats mean to burn this country down after they burn this country down.
Incidentally, I think the most prominent Kazakh in recent history (no, I am not counting that insolent imposter Borat) is Zakhar Bron. He is the violinist who trained Maxim Vengerov, Vadim Repin, and a great number of other magnificent violinists, in Novosibirsk. Just last month I ran across another, Iryna Gintova. She was just playing the Telemann solo Fantasias, but quite fantastically well. I saw Bron in person just once, at the RAM; it was also the first time I saw Vengerov, who was then (I think) 13. Played the absolute pants off the Waxman "Carmen Fantasy."
The other that occurs to me is a Berkut golden eagle named Atalanta. You'd want to read Bird of Jove for the full story there.
"In one paper, Omarova suggests the federal government could offer a bank account to every American through the Federal Reserve."
This is an idea first advocated by Irving Fisher in 1935 and later endorsed by a number of monetary economists including, at one time, Milton Friedman. The proposal was that all checkable deposits should be backed by 100 percent reserves held at the Fed, which is equivalent to converting all checkable accounts to reserve accounts at the Fed.
The main reason to do this is to insulate transactions money (checkable deposits plus currency) from the vagaries of the credit markets. With a fractional reserve system like we have now, a financial crisis that makes some banks insolvent due to poor lending practices or a general panic can force a contraction in the money supply. That can induce or make worse a recession.
In a 100 percent reserve system, all the money used to conduct transactions is a liability of the Fed and entirely under its control. Financial booms and busts don't directly affect the money supply, only the Fed does. Accordinly there's less reason to bail out insolvent financial institutions.
It's not a bad idea, and it's easy to see why the banks don't like it. Banks become finance companies that evaluate credit and loan prospects, and aggregate funds of individual investors to make loans. Banking becomes more of an ordinary business with no special "financial stability" justification for special treatment when they make bad decisions.
Good news everybody!!
The Lincoln Pedophile Project is now calling Sen Kennedy's grilling of this obvious and typical marxist-leninist commie nominee............(wait for it) ...... (wait for it) ......
......racist!!
LOL
Commies are now a "race" according to the democraticals and their allied LLR-lap poodles with confederate coolers who prey on young boys!
"when the Soviet Union dissolved, she was stranded in the U.S."
Yes, stranded in a (then) 1st world country with abundant food, electricity, and freedom. Kind of like being forced to spend a week at Disney World.
I'm kind of surprised that dems would foist this government on their children.
Big Mike said...
And as Ed Morrissey notes:
“That’s entirely the thrust of Omarova’s public philosophy, as Scott detailed through her own words. The question isn’t whether an old peccadillo should sideline Omarova, but why Joe Biden ever nominated her in the first place.”
11/18/21, 2:31 PM
He didn't
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