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Michelle Bachmann introduces legislation to make her stupidity public law

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BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 12:46 PM
Original message
Michelle Bachmann introduces legislation to make her stupidity public law
:eyes:

She's even had some time to have the difference between "global currency" and "global reserve currency" explained to her.


http://www.washingtonmonthly.com/archives/individual/2009_03/017461.php


BACHMANN KEEPS PUSHING THE ENVELOPE.... For a while, it was fun to watch Republican lawmakers offer legislation to resist the non-existent push on the Fairness Doctrine. Maybe now we can shift to the Republicans' fears of a non-existent push for a global currency.

The madness continues as Michelle Bachmann introduces legislation that "would bar the dollar from being replaced by any foreign currency."

What the Chinese were proposing, of course, was to replace the dollar as the world's reserve currency. I would take the view that a move away from near-exclusive reliance on the dollar is probably inevitable irrespective of what we do. But whether or not you agree with me about that, this isn't something congress can ban -- it's a decision by foreign countries about what they do with their reserves.


There's no way Democratic leaders are going to let Bachmann's proposal go forward, but the Minnesota Republican is apparently quite serious about this. She issued a press release this morning "demanding" that President Obama categorically rule out "abandoning" the U.S. dollar "for a multi-national currency." (That the president already addressed this in his prime-time press conference this week was apparently insufficient.)

Given that the real policy discussion here is about a foreign reserve currency, Greg Sargent asked Bachmann's press office whether Congress has the authority to legislate the financial decisions of foreign countries.

"She's talking about the United States," Bachmann's spokesperson said. "This legislation would ensure that the U.S. dollar remain the currency of the United States."

Since no one is suggesting anything to the contrary, it seems odd that the congresswoman would be raising such a fuss.

Honestly, if Michele Bachmann didn't exist, we'd have to invent her.
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 12:53 PM
Response to Original message
1. How about a law that bans the owning of dragons?
Or making cultivation of trees with $10.00 leaves OK as long as you don't burn them. Or lets make the use of time machines illegal for purposes of financial market manipulation.

Why do people keep voting for these whackjobs?
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 12:58 PM
Response to Reply #1
5. Only if the dragons are over 25' long!
Shorter dragons are cute, and help homeowners save on charcoal starter fluid. ;-)

By the way, are those $10 tree leaves any good in brownies?
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:00 PM
Response to Reply #1
7. Owning is ok but transporting across state lines needs serious
regulation. I hope she looks into this serious threat.
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11 Bravo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:28 PM
Response to Reply #1
15. Dragons don't kill people, dragon BREATH kills people.
Pop another Tic-Tac, Michelle.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 12:53 PM
Response to Original message
2. just incase someone comes in the night and changes the Dollar to the Euro
she really looks foolish!
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heliarc Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 12:53 PM
Response to Original message
3. She is such an idiot.
Dear me. what a fool she is.
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Golden Raisin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:09 PM
Response to Reply #3
13. As are the people who voted her
into office. I hope they are very proud.
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 12:54 PM
Response to Original message
4. I believe the US Dollar IS the currency of the US!
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dflprincess Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 12:58 PM
Response to Original message
6. You should post this over in the Minnesota Forum
Edited on Thu Mar-26-09 12:58 PM by dflprincess
so we can all share the shame.
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:01 PM
Response to Original message
8. How long will it be before we see them trot out the old GOP standards
Prayer in school and no flag burning.
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LeftinOH Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:01 PM
Response to Original message
9. Anyone opposing her (pointless) legislation will be accused of supporting the dollar's replacement..
that is how the right wing operates. Lets watch, as this stupid non-issue morphs into a full-blown 'wedge' issue.
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:05 PM
Response to Reply #9
11. If she had a brain she would be dangerous but she is fed these issues I am sure
in order to stir the pot.
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Hubert Flottz Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:02 PM
Response to Original message
10. In the real world a lady like that would rate about a $.25
payout for servicing rendered.
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:07 PM
Response to Original message
12. Does she plan to introduce it to China?
You'd think that someone with a staff, advisors and access to the Congressional Library could educate themselves before becoming a laughingstock.

Ignorance trumps common sense every time with Bachmann, it seems.
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LynnTheDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:23 PM
Response to Original message
14. introduces legislation that "would bar the dollar from being replaced by any foreign currency."
:wow:


Even for a republican...even for that particularly stupid republican...that is waaay stupid. :wow:
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 01:31 PM
Response to Original message
16. She's never been the sharpest tool in the shed,has she?
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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:04 PM
Response to Original message
17. The constitution already takes care of this issue
In Section 8, which enumerates the powers of Congress

"- To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"

Requiring the exclusive use of the dollar would be a problem, since you have to be able to exchange currency within the United States. It would also be a problem in catering to tourists, who sometimes use their home country's currency to make purchases, e.g. hotel stays.
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robertpaulsen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:48 PM
Response to Original message
18. Does she plan to enforce this legislation using sharks with frickin' laser beams?!
:wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow::wow:
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Beetwasher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:51 PM
Response to Original message
19. And Republicans Descend Even Deeper Into The Vacuuous Hole Of Their Own Stupidity
It defies physics.
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