Best of the Week
Most Popular
1.Crude Oil Price Trend Forecast 2016 Update - Nadeem_Walayat
2.Will Deutsche Bank Crash The Global Stock Market? - Clif_Droke
3.Gold Price In Excess Of $8000 While US Dollar Collapses - Hubert_Moolman
4.BrExit UK Economic Collapse Evaporates, GDP Forecasts for 2016 and 2017 - Nadeem_Walayat
5.Gold Stocks Massive Price Correction - Zeal_LLC
6.Stock Market Predicts Donald Trump Victory - Austin_Galt
7.Next Financial Crisis Will be Far Worse than 2008/09 - Chris_Vermeulen
8.The Gold To Housing Ratio As A Valuation Indicator - Dan_Amerman
9.GDXJ Gold Stocks - A Diamond in the Rough - Rambus_Chartology
10.Gold Boom! End Game Nears As Central Banks Buying Up Gold Mining Companies! - Jeff_Berwick
Last 7 days
Why Trump Will Win US General Election 2016 Prediction Forecast - 26th Sept 16
Martial Law Rolls Out Across the US As Jubilee Nears - 26th Sept 16
Stock Market More Correction Likely - 25th Sept 16
US Presidential Election Forecast 2016 - Trump Riding BrExit Wave into the White House - 25th Sept 16
US Economy GDP Growth Estimates in Free-Fall: FRBNY Nowcast 2.26% Q3, 1.22% Q4 - 24th Sept 16
Gold and Gold Stocks Corrective Action Continues Despite Dovish Federal Reserve - 24th Sept 16
Global Bonds: Why Our Analyst Says Things Just Got "Monumental" - 24th Sept 16
Where Did All the Money Go? - 23rd Sept 16
Pension Shortfalls Could Be 4X To 7X Greater Than Reported - 23rd Sept 16
Gold Unleashed by the Fed - 23rd Sept 16
Gold around U.S Presidential Elections - 23rd Sept 16
Here’s Why Eastern Europe Is Doomed - 23rd Sept 16
Nasdaq NDX 100 Big Cap Tech Breakout ? - 23rd Sept 16
The Implications of the Italian Banking Crisis Could Be Disastrous - 22nd Sept 16
TwinLakes Theme Park Summer Super 6 FREE Return Entry for Real? - 21st Sept 16
Has the Silver Bullet Run Out of Fire Power? - 21st Sept 16
Frack Sand: The Unsung Hero Of The OPEC Oil War - 21st Sept 16
What’s Happening With Gold? - 21st Sept 16
Gold vs. Stocks and Commodities, Pre-FOMC - 20th Sept 16
BrExit UK Inflation CPI, RPI Forecast 2016, 2017 - 20th Sept 16
European banks may be more important than the Fed this week - 20th Sept 16
Gold, Silver, Stocks and Bonds Grand Ascension or Great Collapse? - 20th Sept 16
Mass Psychology in Action; Instead of Selling Gilead it is Time to Take a Closer Look - 20th Sept 16
Hillary - Finally Well Deserved Recognition for Deplorables - 20th Sept 16
Fascist Business Model: Reich Economics - 19th Sept 16
Multiweek Correction in Gold and Silver Markets Continues - 19th Sept 16
Stock Market May Turn Ugly This Week - 19th Sept 16
China Is Digging Itself into a Deeper Hole - 19th Sept 16
Yellen’s Footnote 8 Would Put Interest Rates on Autopilot - 19th Sept 16
Central Bank Digital Currencies: A Revolution in Banking? - 19th Sept 16
UK Government Surrenders to China / France to Build Nuclear Fukushima Plant At Hinkley Point C - 19th Sept 16
Stock Market Correction Already Over? - 18th Sept 16
American Economics - 18th Sept 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

The Power of the Wave Principle

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.


© 2005-2016 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

Catching a Falling Financial Knife