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Dollar Under Siege

dollar

As our country’s financial debt grows to insurmountable levels, the devalued dollar becomes weaker by the day. As the dollar becomes more vulnerable, so does the American way of life and our prosperity and freedom.

Recently, Sergey Glaziev, Putin’s economy advisor, outlined a plan to rid the dollar from international trade and to stop using the dollar in their currency reserves. In a bid to help weaken the US economy, Russia plans to create a ruble-yuan swap deal in order to facilitate trade financing, thus eliminating the need for the use of the dollar.

Also, China has also branched out to South Korea and opened up a clearing bank in Soul for yuan transactions. With a goal to have a currency competitive with that if the dollar, South Korea is just the first of other Asian countries they plan increased use of the yuan.

Unfortunately, the timing of communist Russia and China’s financial moves are apropos with declining US economy. As confidence in the dollar decreases, inflation increases and as US currency is being printed nonstop, our financial institutions are in a vulnerable position.

No longer does the dollar hold the prestige it once had. No longer does the world use the term as sound as the dollar. We are now in the process of witnessing the world trying to make the dollar irrelevant. As the dollar becomes irrelevant, will the once great America falter in the same path.

Obama wanted to fundamentally change our country. He despised what we as a nation stand for set and out from the beginning to change our dominant position in the world and the quality of life here at home. Making the dollar obsolete will complete both of those goals, creating a mediocre United States ashamed of its past and with no means to change its future.

This is the Obama legacy.

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Obamacare is a Financial Disaster

Obamacare

As Obamacare continues to decimate the American healthcare system, few media outlets highlight the facts about this ever growing problem. Though Obama claims his new law (which he enforces on an imperial, piecemeal basis) is a success, the truth is much different. When you break down the over 8 million enrollees signed up by the plan, you will quickly realize that over 5 million of them are on the federally funded Medicaid program. Then, with regard to the remaining 3 million, it is uncertain how many actually paid their premiums and how many needed this insurance because they were kicked out of their previous health plans due to the Affordable Care Act. A recent article in The Business Insider sums up the economics of Obamacare: Of the 5.45 million people who signed up through the federal exchange, 5.18 million (or 95%) applied for financial assistance in their insurance plans. As a businessman and physician, I can sum up these numbers in a very easy way:

  1. Only a very small percentage of patients enrolled through Obamacare are actually paying for it

  2. Our government has created a new and massive bureaucracy to manage Obamacare

  3. We can’t afford the Medicaid program which has been expanded another 5 million people

  4. Few doctors actually accept Medicaid, leaving the “newly insured” without true access to the healthcare system

  5. We can’t afford the Medicare program

  6. Where do we get all this money needed to pay for 2 programs we can’t afford and a new program, Obamacare, that is financially unsustainable?

The financial truth about Obamacare is that it is an economic disaster. Many think the Tea Party and Conservatives are against it just because they are displeased with Obama. The truth is, most of them understand that the health insurance programs created by our national government are financially unsustainable and will eventually bankrupt our country. We are in 18 trillion dollars of debt already. Where will this madness end?

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When is the next Pandemic- Could it be MERS?

Merz2

People ask me as a physician if a new, incurable virus or bacteria could spread across the world, causing a massive pandemic. Unfortunately, I tell them the answer to this question is “When, not if.”

The truth is that bacterial and viral pathogens have been around for millions, if not billions of years. While modern antibiotics, on the other hand, have only been around for around for less than a measly hundred years. Plus, with worldwide travel, people not taking their full prescription of antibiotics, and the rapid mutation rate of diseases, it is just a matter of time before one of these bugs causes real problems.

In my book The New Reality, I write of such a scenario. Unfortunately, this situation may be more plausible than fictional in nature. With the recent disassembly of the American healthcare system, rising national debt, and deteriorating research grant funds, we may be financially unable to handle a massive pandemic—making this scenario more likely by the day.

I’m not a fear monger, but a recent article caught my attention about a deadly virus that was brought back from Saudi Arabia. It is called the Middle East Respiratory Syndrome (MERS) and carries a 25-30% mortality. The virus comes from the same family as the severe acute respiratory syndrome, or SARS, coronavirus, which killed almost 800 people worldwide in 2003. The incubation period of the virus — the time between exposure and development of symptoms — is about five days, similar to SARS.

The patient who contracted MERS was returning home to Indiana. Upon arrival, he began to have shortness of breath, coughing and fever. Officials do not know the origin of the virus or how it spreads. The MERS virus has been found in camels, but officials don’t know how it is spreading to humans. There is no vaccine or treatment available. In some countries, the virus has spread from person to person through close contact, such as caring for or living with an infected person. However, it is unknown how the patient became infected.

“MERS is now in our heartland,” said Anne Schuchat, assistant surgeon general and director of the CDC’s National Center for Immunizations and Respiratory Diseases, during a briefing Friday.

The scary thing is what happens if this MERS virus mutates into something more deadly. By nature, virus routinely mutate—making treatment of such illnesses as the common cold and HIV very difficult to treat. So what happens if it mutates into something more deadly or possibly something more easily spread?

It is certainly a reasonable question to ask. And the only true answer is to be prepared. But as our ability to prepare is under serious jeopardy as a direct result of Obama’s new domestic policies and the Affordable Care Act, we may all be caught someday off-guard for such an event.

For more information please refer to: http://www.washingtonpost.com/national/health-science/cdc-confirms-first-case-of-deadly-mers-virus-in-indiana-man-who-traveled-to-saudi-arabia/2014/05/02/b27673b4-d233-11e3-a6b1-45c4dffb85a6_story.html