August 15th, on a sunday, one those of moments when Richard Nixon essentially appeared on National Television halfway through bonanza, a great cowboy show, not really my time but maybe the viewers will remember. And interrupted the show to say were not going to allow the dollar to be converted into gold anymore, and this is one of most significant events, the most significant thats to have happened in the history of money, and i was a very decisive moment where he shut the gold window. Thats the term. Where people could not simply come into fort representatives. This is an hour. Good afternoon. And welcome. My name is byron and i am an adj adjunct professor and the 170ing president of the National Press club. He are commit today our professions future through programming with events such as this while fostering a free press world wide. For more information about the pres club visit our website at press. Org. I would like to welcome our speaker and those attending the event. Guest of ou
Cacophony in washington and the point scoring. Our allies, recently, the impasse and governments and the difficulty we have passing a budget. It does cause some concern. President obama himself is pretty popular in asia. He is considered a president who gets the region. There are, however, concerns frankly, his toughness. What was devastating was the serious crisis. When the white house put down a redline. The philippines looking at a theing chinese navy, american president drawing a redline and walking away from it is a very unnerving thing. It is something president obama is going to have to compensate for. His popularity will help him, but likely, some of the dysfunction raises questions abroad about our competence. Republicansing the and democrats have to work on. On his way heading to asia shortly, a number of republican lawmakers already there. The special delegation is visiting the Prime Minister there. A quote from paul ryan in the wall street journal, he writes, howant to unde
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