Posted by
Steve on Saturday, March 28, 2009 12:04:33 PM
Michelle Bachman introduced a bill to require that the United States conduct all of its financial dealings in the US dollar. On the surface this seems like a stupid bill. I mean, the United States has conducted all of its financial dealings in the dollar since the Constitution was adopted in 1787. She did it in response to our Treasury Secretary being open to China’s idea of a one world currency. Our Treasury Secretary is supposed to be responsible for keeping the US dollar at its highest financial level. He/she should not be considering using other currencies in the United States or in US dealings anywhere.
What is wrong with a one world currency? It eliminates our national rights as a country to control our financial obligations as we deem proper. On the surface a one world currency would seem a no brainer of an idea. You could go anywhere and your “world” would be good. There would be no currency exchanges which would put George Soros out of business. That is a good thing. But, for the United States, a one world currency would not be in our best interest. We would lose control of our finances and that would be bad. If Barack Obama is not stopped, we will lose control of our financial dealings anyway.
I am no financial guru. I have little to no financial training. Yet, I can see that a one world currency would be bad for the United States. Timothy Geithner, our Treasury Secretary, must be caught up in some brain freeze or something to even consider such an idea. Of course, Timothy Geithner is not the most reliable person in regards to tax law. One wonders what other kinds of financial dealings he is unable to make ends meet.
The interesting thing is that the Obama administration did not slap Timothy Geithner down right away when he said that he would consider a one world currency. In fact, I have not seen any comments from Barack Obama saying that we in the US would not consider a one world currency. A one world currency would almost certainly lead to a one world government. We in the United States have to stay away from the one world government as it would almost certainly be controlled by dictators, not be a democratic republic like we have. One problem we in the US have in thinking about a one world government is that we would think that the leader would be popularly elected and it would be a representative democracy. A strong dictator would almost certainly lead the one world government. Then, there would not be any civil rights for anyone to worry about.
Michelle Bachman’s bill should be able to pass Congress easily. Even Democrats should be able to see that it would be politically correct to support the US dollar at this time. The question is whether Barack Obama would sign the bill. I have my doubts. It would be politically smart to sign the bill and political death to not sign the bill. Americans would support the dollar over any one world currency at this time. This bill was introduced at the right time to get passed. Let’s hope that she wrote teeth into the bill to insure that future Treasury Secretaries do not have a similar consideration of one world currencies.