"Bachmann Demands Truth: Will Obama Administration Abandon Dollar for a Multi-National Currency?

Published:

The US is being systematically gutted, sold out before our eyes, our Constitution used as toilet paper.  One person is standing up to the cadre doing it. Oh yeah, character assassination videos about her on youtube, pretty sure unfavorable discussion about her on liberal watering hole sites.  Happens when someone is vocally in the face of those whose legislation(s) set the whole free fall into motion.

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"Bachmann Demands Truth: Will Obama Administration Abandon Dollar for a Multi-National Currency? 
 
Washington, D.C., Mar 25 - In response to suggestions by China, Russia, and other countries around the world calling on the International Monetary Fund to explore a multi-national currency, U.S. Representative Michele Bachmann (MN-6) has introduced a resolution that would bar the dollar from being replaced by any foreign currency.

“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."

Asked today about a currency proposal from China at a Council on Foreign Relations event, Secretary Geithner stated he was open to supporting it. Despite attempts to clarify his remarks later in the day, the unguarded initial response calls into question his true intentions.

Although Title 31, Sec. 5103 USC prohibits foreign currency from being recognized in the U.S., the President has the power to engage foreign governments in treaties, and the President is principally responsible for the interpretations and implementation of those treaties according to the Constitution. As a result, legislation prohibiting the President and Treasury from issuing or agreeing that the U.S. will adopt an international currency would need to come in the form of a Constitutional Amendment differentiating a treaty used to implement an international currency in the U.S. from other types of treaty agreements."

http://bachmann.house.gov/News/DocumentSingle.aspx?DocumentID=116036

Entry #1,086

Comments

Avatar jarasan -
#1
Michele is spot on. Thanks Konane! I am watching TOTUS on the tube and I think he is losing it, he is so obviously reading off the prompters it is un-nerving, it is as if there is no feeling, belief, and or conviction in the way he is delivering this Afghanistan policy speech. It is as if he doesn't want to be there.
Avatar time*treat -
#2
It took the europeans almost 50 years to get it one, and we've been talking about it in the USA for at least 20.
These people are patient, but then ... www.youtube.com/watch?v=1yeA_kHHLow
Avatar konane -
#3
Thanks Jarasan!! TOTUS fully intends to implement a US socialist utopian state .... when living in idealistic dream lala-land something ugly as Afghanistan doesn't set well.
Avatar konane -
#4
Thanks Time*treat!!! Must be one heck of an ego trip to actually create the crisis then swoop in for the kill.
Avatar JAP69 -
#5
This country can not take 4 years of this administration.
Enough already as it is and it has only been 90 days.
I am pod with the new tax on tobacco. awful
I thought I heard yesterday about sin tax revolters marching somewhere.
Avatar konane -
#6
JAP, we'll live through it somehow but my bets on the voters who abstained this election coming out like swarms of locusts in 4 years. Elections in 2 years are going to be interesting too.

I personally think they've all lost their minds if they ever had one.

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