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March 27, 2009: US Representative, Conservative Radio Host Accuse Obama Administration of Planning to Supplant US Currency with ‘Other’ Monetary System

2009-03-27

Fox News host Glenn Beck, on his daily radio show, hosts US Representative Michele Bachmann (R-MN) to discuss her proposed constitutional amendment “to prohibit the president from entering 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.” Beck says to Bachmann: “I don’t want to believe that there are people in our country that would trash our dollar like this. And what’s going to happen is if you start to talk about a global currency, which I’m telling you, there’s no way out of what we’re doing now besides devaluing the dollar to pay off our debt and then have a new currency. There’s just no other way.… [W]hat happens is when you stand up, and when you say those things, then you’re deemed a kook. Then you’re deemed a militia member.” Bachmann says later in the interview: “The president is committing us so much now, and Congress is committing us to so much spending, that the only way out will be for him to continue to print money and have wild inflation. And once that collapses, then it’s a global currency. Well, then we are no more as a nation. We cease at that point.” Beck responds: “I believe it. But convincing everybody else may be a different story.” [Glenn Beck, 3/29/2009; Media Matters, 4/10/2009]