Ban On Global Currency In US

Rep. Michele Bachmann (R-MN) has introduced legislation that would “bar the dollar from being replace by any foreign currency.” A statement from Bachmann’s website:

“Yesterday, during a Financial Services Committee hearing, I asked Secretary Geithner if he would denounce efforts to move towards a global currency and he answered unequivocally that he would,” said Bachmann. “And President Obama gave the nation the same assurances. But just a day later, Secretary Geithner has left the option on the table. I want to know which it is. The American people deserve to know.”

On Monday, Geithner and Bernanke both rejected the idea of a global currency in Congressional testimony. But in remarks to the Council on Foreign Relations yesterday, Geithner indicated he was open to the idea.

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2 Comments

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2 responses to “Ban On Global Currency In US

  1. DysfunctionalParrot

    The wagons are circling.

  2. too bad we all have such a short attention span.

    Doesn’t help either that the left hate her guts

    My guess is her bill will never see the light of day

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