Tumblr Icon RSS Icon

Bachmann: ‘I Don’t Want The United States To Be In A Global Economy’

By Matt Corley on June 29, 2010 at 4:54 pm

"Bachmann: ‘I Don’t Want The United States To Be In A Global Economy’"

Share:

google plus icon

BachmannSpeechThis past weekend, President Obama attended the G-20 Summit on international economic cooperation in Toronto, which ended with a declaration calling for member countries to work “to ensure a full return to growth with quality jobs, to reform and strengthen financial systems, and to create strong, sustainable and balanced global growth.” Rep. Michele Bachmann (R-MN), however, fears that the 20 countries were really working to set up “a one world government.”

In an interview on Scott Hennen’s radio show today, Bachmann claimed that the purpose of the G-20 was to “bind together the world’s economies.” Neglecting the already interconnected nature of the global economy, Bachman declared that “President Obama is trying to bind the United States into a global economy”:

BACHMANN: What really concerned me was Treasury Secretary Tim Geithner said that we don’t want to see one country’s economy doing better than another. What? This is the U.S. Treasury Secretary? We don’t want to see Zimbabwe’s economy do better than the United States? Aren’t we supposed to be about the United States and making sure that our economy can be the greatest in the world. If you look at the G20, what they’re trying to do is bind together the world’s economies. Look how that played out in the European Union when they bound all of those nations economies together and one of the smallest economies, Greece, when they got into trouble, that one little nation is bringing down the entire EU. Well, President Obama is trying to bind the United States into a global economy where all of our nations come together in a global economy. I don’t want the United States to be in a global economy where, where our economic future is bound to that of Zimbabwe. I can’t, we can’t necessarily trust the decisions that are being made financially in other countries.

“So I think clearly this is a very bad direction because when you join the economic policy of different nations, it is one short step to joining political unity and then you would have literally, a one world government,” said Bachmann. “I don’t want to cede United States authority to a transnational organization.” Listen here:

Matt Yglesias notes that “the existence of a global economy in which events outside our borders impact us is not something Barack Obama dreamed up, and the idea that having world leaders gather for occasional meetings constitutes a ‘one world government’ is insane.”

But it’s not new for Bachmann to dream up nightmarish scenarios about the U.S. ceding its economic sovereignty. Around the time of the 2009 G-20 Summit, she peddled a false conspiracy theory that the world was moving toward a unified global currency. “This is not Michele Bachmann being a kook,” declared the Minnesota congresswoman. It was and is.

Transcript:

HENNEN: What did you make of the G20 Summit this weekend in Toronto, in which President Obama says he’s going to call your bluff, Congresswoman Bachmann, about all this talk of, you know, deficits, because he’s going to cut the deficit in 2013. This after sending a letter in advance saying, whoah, be careful now with all this talk of reducing the deficit because we can’t stop this spending too quick or we’ll be in trouble there. What did you think of that?

BACHMANN: What really concerned me was Treasury Secretary Tim Geithner said that we don’t want to see one country’s economy doing better than another. What? This is the U.S. Treasury Secretary? We don’t want to see Zimbabwe’s economy do better than the United States? Aren’t we supposed to be about the United States and making sure that our economy can be the greatest in the world. If you look at the G20, what they’re trying to do is bind together the world’s economies. Look how that played out in the European Union when they bound all of those nations economies together and one of the smallest economies, Greece, when they got into trouble, that one little nation is bringing down the entire EU. Well, President Obama is trying to bind the United States into a global economy where all of our nations come together in a global economy. I don’t want the United States to be in a global economy where, where our economic future is bound to that of Zimbabwe. I can’t, we can’t necessarily trust the decisions that are being made financially in other countries. I don’t like the decisions that are being made in our own country, but certainly I don’t want to trust the value of my currency and my future to that of like a Chavez down in Venezuela. So I think clearly this is a very bad direction because when you join the economic policy of different nations, it is one short step to joining political unity and then you would have literally, a one world government. That’s not going to be, I think, helpful in the future for our country and I don’t want to cede United States authority to a transnational organization.

‹ PREVIOUS
Shelby Tells ThinkProgress: ‘I Basically Agree’ With Boehner’s Metaphor That Financial Crisis Is Like An ‘Ant’

NEXT ›
Senate Republicans block measure to provide additional benefits to homeless veterans.

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.