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It's a myth. There is no new currency law being proposed by the president. According to Snopes.com, there is a chain e-mail that claims H.R. 2847 will cause the US dollar to collapse, and there is also an advertisement from an investment company (Stansberry and Associates) trying to sell you their "secret" ways to protect yourself from this alleged collapse. Since there is no new currency and no impending collapse, there is nothing to worry about. However, I enclose the link to the article from Snopes, so you can read more about it.
Wiki User
∙ 9y ago
As of my knowledge cutoff date in October 2021, there is no specific new currency law introduced by former President Barack Obama. It is essential to note that currency and monetary policies are typically within the purview of central banks and not directly executed by politicians or presidents in many countries.
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Why is Obama not arrested and charged with treason?
Obama is above the law, he creates the law, he Is the new LAW. He owns the justice department. He decides which cases get heard by the Supremem court. Obama is immune to the law. It is impossible for Obama to break a law when he is the one rewriting the laws.
Did Obama ban smoking tobbacco?
It is still legal to smoke tobacco, although not in all locations. Obama has introduced no new law to ban smoking.
Where did Obama attend law school?
Barak Obama got his Law degree at Harvard.
What state did Obama go for college?
Columbia in New York and Harvard Law School in Massachusetts.
What school go Obama?
Barack Obama attended Columbia University in New York City for his undergraduate education and then attended Harvard Law School in Cambridge, Massachusetts for his law degree.
Did Obama want to take In God We Trust from the US currency?
no
Does Obama have a major in politics?
President Obama majored in law.
What is a law made in the 21st century?
One significant law that was created in the United States in the 21st century was the new government health care law. This law is often referred to as "Obama Care" in that President Obama made his views known on that issue and the House of Representatives submitted his plan as a bill in the process of making the plan into a law.
How long did Obama go to law school?
Obama went to Harvard law school for a total of four years.
Where did Obama study law?
President Obama graduated from Harvard Law School.
Where did Barack Obama meet Michelle Obama?
Barack Obama and Michelle Robinson met in the summer of 1989 when Michelle was an attorney at the Chicago law firm of Sidley & Austin, and Barack was a new legal intern there. He was in his first year at Harvard Law School at that time. Michelle has already graduated, and by some accounts, she was his supervisor.
Who is Barack Obama's brother in law?
Barack Obama's brother-in-law is Craig Robinson. (He is Michelle Obama's only brother.) Craig is a successful college basketball coach.
