Touting Her Currency Conspiracy, Bachmann Insists: ‘This Is Not Michele Bachmann Being A Kook’
Earlier this week, right-wing fanatic Rep. Michele Bachmann (R-MN) started peddling false conspiracy theories that the world was moving toward a unified global currency — and that the U.S. might join in as early as next week’s G-20 conference. The myth was started when China’s central bank governor suggested replacing the dollar as the world’s reserve currency. Though the suggestion has nothing to do with a unified global currency, Fox News’ Major Garrett decided to ask President Obama whether he supported the fictional prospect of such a move. (Obama, for the record, does not.)
Today on Glenn Beck’s radio show, Bachmann declared that the U.S. will soon be moving to “give up the dollar as our currency and we would just go with a One World currency.” Such action, she warned, would mean the U.S. as a country would be “no more”:
BACHMANN: As you know, Russia, China, Brazil, India, South Africa, many nations have lined up now and have called for an international global currency, a One World currency and they want to get off of the dollar as the reserve currency.
BECK: Most people don’t understand, Michele, what that means.
BACHMANN: What that means is all of the countries in the world would have a single currency. We would give up the dollar as our currency and we would just go with a One World currency. … If we give up the dollar as our standard, and co-mingle the value of the dollar with the value of coinage in Zimbabwe, that dilutes our money supply. We lose control over our economy. And economic liberty is inextricably entwined with political liberty. Once you lose your economic freedom, you lose your political freedom. And then we are no more, as an exceptional nation, as we always have been. So this is imperative.
Bachmann claimed that Treasury Secretary Timothy Geithner said he was “open” to the One World currency. (In reality, he only said he was open to changes in the IMF special drawing rights, and reaffirmed his commitment to the dollar.) Beck warned that speaking out about the global currency gets one labeled a “kook,” but Bachmann brushed off such concerns, saying she’s been called that “throughout
political career”:
BACHMANN: Well, Glenn, I have experienced that throughout my political career, being labeled a kook. It just happened again in a big story in the Minneapolis Star Tribune. But all we have to do is point to the treasury secretary on tape, on camera. This is not Michele Bachmann being a kook. This is our treasury secretary on tape and on camera.
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Listen to it: http://thinkprogress.org/2009/03/27/bachmann-kook/Sabato: Bachmann "Needs To Take A Deep Breath, And Maybe A Tranquilizer, Too"
By Eric Kleefeld - March 27, 2009, 5:46PM
A short while ago I asked Larry Sabato if Michele Bachmann's comments about an "orderly revolution" against Barack Obama's Marxist tyranny would qualify as sedition. Here's his response:
I suppose the moderating element "orderly" saves her from the charge of sedition! Concern about the national debt is perfectly legitimate, but her comments are fringe--and not for the first time. Her phrase, "reporting from enemy lines," is inflammatory. We're all Americans, not enemies simply because we disagree about a president's budget. Bachmann doesn't have a clue what "economic Marxism" is; the Obama administration is not seizing the means of production. The Founders rebelled against "no taxation without representation". That's very different than having an argument about the proper levels of taxation in a representative democracy. Congresswoman Bachmann needs to take a deep breath, and maybe a tranquilizer, too.
http://tpmdc.talkingpointsmemo.com/2009/03/sabato-bachmann-needs-to-take-a-deep-breath-and-maybe-a-tranquilizer-too.php
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