Wednesday, November 17, 2021

Bureaucrat Zero



                        Bureaucrat Zero

A little satire I conceived was to have the government simply take the energy industry over and then deprive its citizens of energy--whether it for the reason of extortion or global warming, as it would be a lot more efficient in bringing the poor citizen to his exhausted endpoint. Sort of a fuel soil bank program with an edge. Amazingly, my favorite Biden appointee (only because I don't know enough of them) seeming plans just that.

Saule Omarova gave an interview in February on “the case for a U.S. national investment authority.”

The conversation turned to climate change and its impact on fossil-fuel producers, and Ms. Omarova, not surprisingly, had an opinion. “A lot of the smaller players in that industry are going to, probably, go bankrupt in short order—at least, we want them to go bankrupt if we want to tackle climate change,” she said.

"We want them to go bankrupt."

She went on to say “that creates a lot of this sort of loss of jobs, a lot of displacement, and economic fallback that we cannot afford, really.” 
But sacrifices must be made.

She added that the government response would be to set up a National Capital Management Corporation that would “become a kind of equity investor at that point, taking over management of those companies and basically leading them through restructuring to a new technological basis and to a new technological business model.”

As Comptroller, Ms. Omarova would have enormous authority to regulate banks. Clearly, one of her policy ambitions is to deny capital to certain companies that she wants to go bankrupt. Just because these people know better.

The first person in an epidemic is called "Patient Zero." Somehow we have created a culture and political system where one person can do all sorts of unbelievably dangerous things. Mattis was actually worried whether one unstable president could launch a nuclear war. One guy! Here's another, a woman who wants to make decisions that would bring astonishing change to the financial system. The same people who can't control a border or figure out what a reasonable response to a viral infection is, want to run the U.S. 22 Trillion Dollar economy.

Bureaucrat Zero, bringing more systemic risk to us than any revolutionary enemy could dream of doing.

1 comment:

Custer said...


Very creative humorous satire.
I’m also concerned about nuclear war, started by an elderly mentally challenged President.