Hands OFF My Health Care Rally

Stopping the health care exchanges is the first step in our Nullify Obamacare road-map.  In its June ruling, even the supreme court agreed that our state cannot be compelled to implement the health care exchanges.

Here’s a short video explaining why the states should refuse to create health care exchanges, from Michael Canon, with the Cato Institute:

Washington is never going to fix Washington, but Harrisburg and 49 other state capitals can do it. 

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How Long Will the Dollar Remain the World’s Reserve Currency?

by Ron Paul

We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy. But this is a dangerous and mistaken assumption.

Since August 15, 1971, when President Nixon closed the gold window and refused to pay out any of our remaining 280 million ounces of gold, the U.S. dollar has operated as a pure fiat currency. This means the dollar became an article of faith in the continued stability and might of the U.S. government.

In essence, we declared our insolvency in 1971. Everyone recognized some other monetary system had to be devised in order to bring stability to the markets.

Amazingly, a new system was devised which allowed the U.S. to operate the printing presses for the world reserve currency with no restraints placed on it– not even a pretense of gold convertibility! Realizing the world was embarking on something new and mind-boggling, elite money managers, with especially strong support from U.S. authorities, struck an agreement with OPEC in the 1970s to price oil in U.S. dollars exclusively for all worldwide transactions. This gave the dollar a special place among world currencies and in essence backed the dollar with oil.

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