Best of the Week
Most Popular
1.The Gallery of Crowd Behavior: Goodbye Stock Market All Time Highs - Doug_Wakefieldth
2.Tesco Meltdown Debt Default Risk Could Trigger a Financial Crisis in Early 2015 - Nadeem_Walayat
3.The Trend Every Nation on Earth Is Pouring Money Into - Keith Fitz-Gerald
4.Do Tumbling Buybacks Signal Another Stock Market Crash? - 26Mike_Whitney
5.Could Tesco Go Bust? How to Save Tesco from Debt Bankruptcy Risk - Nadeem_Walayat
6.Gold And Silver Price - Respect The Trend But Prepare For A Reversal - Michael_Noonan
7.U.S. Economy Faltering Momentum, Debt and Asset Bubbles - Lacy Hunt
8.Bullish Silver Stealth Buying - Zeal_LLC
9.Euro, USD, Gold and Stocks According to Chartology - Rambus_Chartology
10.Evidence of Another Even More Sweeping U.S. Housing Market Bust Already Starting to Appear - EWI
Last 5 days
Gold Price Falls, Stocks Record Highs as Japan Goes ‘Weimar’ - 31st Oct 14
EUR/USD - Double Bottom Or New Lows? - 31st Oct 14
More Downside Ahead for Gold and Silver - 31st Oct 14
QE Is Dead, Now You Tell Me What You Know - 31st Oct 14
Welcome to the World of Volatility - 31st Oct 14
Stocks Bear Market Crash Towards New All Time Highs as QE3 End Awaits QE4 Start - 31st Oct 14
US Mortgages, Risky Bisiness "Easy Money" - 30th Oct 14
Gold, Silver and Currency Wars - 30th Oct 14
How to Recognize a Stock Market “Bear Raid” on Wall Street - 30th Oct 14
U.S. Midterm Elections: Would a Republican Win Be Bullish for the Stock Market? - 30th Oct 14
Stock Market S&P Index MAP Wave Analysis Forecast - 30th Oct 14
Gold Price Declines Once Again As Expected - 30th Oct 14
Depression and the Economy of a Country - 30th Oct 14
Fed Ends QE? Greenspan Says Gold “Measurably” “Higher” In 5 Years - 30th Oct 14
Apocalypse Now Or Nirvana Next Week? - 30th Oct 14
Understanding Gold's Massive Impact on Fed Maneuvering - 30th Oct 14
Europe: Building a Banking Union - 30th Oct 14
The Colder War: How the Global Energy Trade Slipped From America's Grasp - 30th Oct 14
Don't Get Ruined by These 10 Popular Investment Myths (Part VIII) - 29th Oct 14
Flock of Black Swans Points to Imminent Stock Market Crash - 29th Oct 14
Bank of America's Mortgage Headaches - 29th Oct 14
Risk Management - Why I Run “Ultimate Trailing Stops” on All My Investments - 29th Oct 14
As the Eurozone Economy Stalls, China Cuts the Red Tape - 29th Oct 14
Stock Market Bubble Goes Pop - 29th Oct 14
Gold's Obituary - 29th Oct 14
A Medical Breakthrough Creating Stock Profits - 29th Oct 14
Greenspan: Gold Price Will Rise - 29th Oct 14
The Most Important Stock Market Chart on the Planet - 29th Oct 14
Mysterious Death od CEO Who Went Against the Petrodollar - 29th Oct 14
Hillary Clinton Could Be One of the Best U.S. Presidents Ever - 29th Oct 14
The Worst Advice Wall Street Ever Gave - 29th Oct 14
Bitcoin Price Narrow Range, Might Not Be for Long - 29th Oct 14
UKIP South Yorkshire PCC Election Win is Just Not Going to Happen - 29th Oct 14
Evidence of New U.S. Housing Market Real Estate Bust Starting to Appear - 28th Oct 14
Principle, Rigor and Execution Matter in U.S. Foreign Policy - 28th Oct 14
This Little Piggy Bent The Market - 28th Oct 14
Global Housing Markets - Don’t Buy A Home, You’ll Get Burned! - 28th Oct 14
U.S. Economic Snapshot - Strong Dollar Eating into corporate Profits - 28th Oct 14
Oliver Gross Says Peak Gold Is Here to Stay - 28th Oct 14
The Hedge Fund Rich List Infographic - 28th Oct 14
Does Gold Price Always Respond to Real Interest Rates? - 28th Oct 14
When Will Central Bank Morons Ever Learn? asks Albert Edwards at Societe General - 28th Oct 14
Functional Economics - Getting Your House in Order - 28th Oct 14
Humanity Accelerating to What Exactly? - 27th Oct 14
A Scary Story for Emerging Markets - 27th Oct 14
Could Tesco Go Bust? How to Save Tesco from Debt Bankruptcy Risk - 27th Oct 14
Europe Redefines Bank Stress Tests - 27th Oct 14
Stock Market Intermediate Correction Underway - 27th Oct 14
Why Do Banks Want Our Deposits? Hint: It’s Not to Make Loans - 26th Oct 14
Obamacare Is Not a Revolution, It Is Mere Evolution - 26th Oct 14
Do Tumbling Buybacks Signal Another Stock Market Crash? - 26th Oct 14
Has the FTSE Stock Market Index Put in a Major Top? - 26th Oct 14
Christmas In October – Desperate Measures - 26th Oct 14
Stock Market Primary IV Continues - 26th Oct 14
Gold And Silver Price - Respect The Trend But Prepare For A Reversal - 25th Oct 14
Ebola Has Nothing To Do With The Stock Market - 25th Oct 14
The Gallery of Crowd Behavior: Goodbye Stock Market All Time Highs - 25th Oct 14
Japanese Style Deflation Coming? Where? Fed Falling Behind the Curve? Which Way? - 25th Oct 14
Gold Price Rebounds but Gold Miners Struggle - 25th Oct 14
Stock Market Buy the Dip or Sell the Rally - 25th Oct 14
Get Ready for “Stupid Cheap” Stock Prices - 25th Oct 14
The Trend Every Nation on Earth Is Pouring Money Into - 25th Oct 14 - Keith Fitz-Gerald
Bitcoin Price Decline Stopped, Possibly Temporarily - 25th Oct 14

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Stocks Epic Bear Market

U.S. States Secession Petitions: Good PR But Bad Politics

Politics / US Politics Nov 14, 2012 - 10:47 AM GMT

By: Ron_Holland

Politics

Tens of thousands of Americans are now petitioning the White House wanting to withdraw from the union. Although peoples and regions around the world are in the process of withdrawing from debt laden, failed central governments including Scotland, Venice, Catalonia, Bavaria, Flanders and others, it won't be as easy here in the USA. While the US petitions generate great PR for the legal right of secession, this is not the way a state or people legally withdraw from the US union.


First, to secede from the federal union on their own individuals must leave the US and renounce their citizenship, a very complicated and expensive process. Second, the legal way for states to withdraw is individually, state-by-state after conducting a state secession convention very much like a state constitutional convention on 10th Amendment issues.

Most of the individual states originally joined the union through this process and it is how individual states must lawfully leave the union. This is the same method followed by the individual Confederate States of America when they withdrew one by one following the election of Abraham Lincoln.

The right of democratic state-by-state secession did not die at the point of a bayonet at Appomattox Court House in 1865 after Lincoln's invasion killed 600,000 Americans. The growing support for peaceful devolution of government powers and services to regions and local jurisdictions to allow citizens to control the power of politicians and government is a positive advancement for the 21st century. In addition, the right of devolution of states, geographic regions and groups around the world promotes government competition and freedom.

I believe legal state secession from the Washington Empire just might become the only way for American citizens to escape the disastrous consequences of the coming global run to liquidate holdings of Washington Treasury obligations and the dollar. Breaking free of the false chains that threaten our economic future from the likely Washington debt/dollar collapse might be our last chance to safeguard our financial security and liberty from the hyperinflation and crushing new tax increases to be forced on this and future generations from the bailouts and national debt.

Have you considered a confederation of states with no Washington income tax, no federal interference in the internal affairs of individual states, no involvement in perpetual wars around the world without a declaration of war, no Washington tax-feeding bureaucrats telling individual citizens, state legislatures or state agencies what to do?

Maybe it is time to consider the benefits of sovereign states voluntarily participating in a decentralized republic or confederation similar to America's first central government, the Articles of Confederation, created by our patriot founding fathers. In such a decentralized nation issues such as marriage, religious practice, history, symbolism, culture, abortion, gay rights etc. are determined at the state level and citizens can live their lives with regulations and conduct governed by the norms of a state or locality rather than a distant federal government.

I can envision the result being a healthy economy, with minimal government debts, a rising standard of living and job growth guaranteed by low taxes, minimal regulations and currency competition – all of this without the Federal Reserve and Wall Street creating excessive bubbles followed by contraction and collapse and then demanding bailouts.

In summary, I applaud the educational and PR impact of these secession petitions and I urge all readers to sign these petitions. But remember, the right to withdraw from the union requires the same process most states followed to enter into this voluntary contract, state-based secession conventions.

In the end, outright secession may not even be necessary. The mere threat to the federal government created by the potential of legitimate state-by-state secession might well be enough to shake up the power elites in Washington and Wall Street so that they get their acts together.

In closing, I would remind you that the people of a tax jurisdiction or individual state are not really free unless they have the democratic, peaceful right to leave as did the American colonies under the British Empire. Also remember that while petitioning the White House may be a great PR campaign there's no reason to get your hopes up that the Federal government will ever say "Yes" voluntarily; while we don't need them, they certainly need us to continue to pay their bills.

I will leave you, dear readers, with this one last reminder: "When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another ... "

Ron Holland [send him mail], a retirement consultant, works in Zurich and is a co-editor of the Swiss Mountain Vision Newsletter. He is the CEO of Biologix Hair Inc., providing a revolutionary way to regrow your natural hair with the Biologix Hair Therapy System™.

© 2012 Copyright Ron Holland - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2014 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Free Report - Financial Markets 2014