Eagle Forum Warns U.S. Treasury Secretary: 'The American People Do Not Want a New World Currency That China Would Control'
During a House Financial Services Committee hearing last week, both Secretary Geithner and Federal Reserve Chairman
"The American people do not want a new world currency that
"Simply replacing the dollar is not the solution," Schlafly said. "It would be yet another Band-Aide to cover up the real source of the problem which is Obama's tidal wave of unlimited bailouts, nationalization of the banks and the auto and mortgage industries, stimulus bills, and his proposed budget that will inevitably cause massive inflation and further strangle our economy."
"Eagle Forum commends Congresswoman Bachmann for aggressively questioning both Geithner and Bernanke during the committee hearing on Wednesday and for ensuring that they remain accountable for their sworn testimony," concluded Schlafly. "Congresswoman Bachmann is an example of the kind of leader that grassroots Americans are demanding from their elected officials, and we encourage even more Members of Congress to take direct action, like Michele, and to go on the offensive against this Administration's economic recklessness."
CONTACT: Suzanne Bibby 202-544-0353
SOURCE Eagle Forum
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