Do you agree with Obama and Geithner when it comes to the possibility of the United States’ current dollar currency being replaced with a form of global currency? That is bad for the US, but see the amazing things that are happening in the UK and US: Geithner and US debt
And what will Russia and China say at this week’s upcoming G20 summit? They appear to be ready to push for the replacement of the US dollar as well. Thankfully, there is sanity in Mrs. Bachmann in the House of Representatives, where she proposes a new Amendment that says,
‘The President may not enter into a treaty or other international agreement that would provide for the United States to adopt as legal tender in the United States a currency issued by an entity other than the United States.’
Most Democrats (based on their abysmal voting records), as well as Treasury Secretary Timothy Geithner, seem intent on weakening the United States by allowing the dollar to be replaced by something else. If China floods the international market with dollars, that could severely weaken the dollar, making it almost worthless, and remove the United States’ economic superpower status, drastically reducing Americans’ standard of living, and possibly resulting in the United States being someday soon merely a tourist attraction, much as the once mighty Romans Empire is today.
Source: http://thomas.loc.gov/cgi-bin/query/z?c111:H.J.RES.41:
