Best of the Week
Most Popular
1.Crude Oil Price Trend Forecast 2016 Implications for Stock Market - Nadeem_Walayat
2.Odds of Winning Walkers Crisps Spell & Go olidays K, C and D Letters - Sami_Walayat
3.Massive Silver Price Rally During The Coming US Dollar Collapse - Hubert_Moolman
4.Pope Francis Calls For Worldwide Communist Government - Jeff_Berwick
5.EU Referendum Opinion Polls Neck and Neck Despite Operation Fear, Support BrExit Campaign - Nadeem_Walayat
6.David Morgan: There Will Soon Be a Run to Gold Like You've Never Seen Before - Mike Gleason
7.British Pound Soars on BrExit Hopes Despite Remain Establishment Fear Mongering - Nadeem_Walayat
8.Gold Price Possible $200 Rally - Bob_Loukas
9.The Federal Reserve is Not Going To Raise Interest Rates and Destroy Gold - Michael_Swanson
10.Silver Miners’ Q1’ 2016 Fundamentals - Zeal_LLC
Free Silver
Last 7 days
The Next Systemic Lehman Event - New Scheiss Dollar & Gold Trade Standard - 27th May 16
Energy and Debt Crisis Point to Much Higher Silver, Metals Prices - 27th May 16
Gold Junior Stocks Q1 2016 Fundamentals - 27th May 16
These Crisis Markets Are Primed to Deliver Big Gains, Platinum Never Cheaper! - 27th May 16
Operation Black Vote BrExit Warning for the Wrong EU Referendum - 27th May 16
UK Immigration Crisis Hits New Extreme, Catastrophic ONS Migration Stats Ahead of EU Referendum - 27th May 16
Many of the World’s Best Investors Made Their Fortunes This Way…And You Can Too - 27th May 16
The Ugly Truth About Stock Market Manipulation and Gold Prices - 27th May 16
Gold Price Looking Vulnerable While Gold Stocks Correct - 27th May 16
The 5 Fatal Flaws of Trading - 27th May 16
The Next Big Crash Of The U.S. Economy Is Coming, Here’s Why - 27th May 16
A New Golden Bull or Has the Market Gone Too Far Too Fast? - 27th May 16
It Feels Like Inflation - 26th May 16
Negative Interest Rates Set to Propel the Dow Jones to the Stratosphere? - 26th May 16
S&P Significant Low has Occurred – Not Likely! - 26th May 16
Statistics for Funeral Planning in UK Grave - 26th May 16
Think Beyond Oil And Gold: Interview With Mike 'Mish' Shedlock - 26th May 16
Hard Times and False Mainstream Media Narratives - 26th May 16
Will The Swiss Guarantee 75,000 CHF For Every Family? - 26th May 16
Is There A Stocks Bear Market in Progress? - 26th May 16
Billionaires Are Wrong on Gold - 26th May 16
How NOT to Invest in the Gold Market - 26th May 16
The Black Swan Spotter...Which Saw the Oil-Crash coming; now says the “Invisible Hand” will push Brent to $85 by Christmas - 26th May 16
U.S. Household Debt Still Below 2008 Peak - 25th May 16
Brexit: Wrong Discussion, Wrong People, Wrong Arguments - 25th May 16
SPX is at Strong Resistance - 25th May 16
US Dollar, Back From the Grave? - 25th May 16
Gold : Just the Facts Ma’am - 25th May 16
The Worst Urban Crisis in History Could be Upon Us - 24th May 16
Death Crosses Across The Board Are IRREFUTABLE Stock Market Sell Signals - 24th May 16
Bitcoin Trading Alert: Bitcoin Price Stays below $450 - 24th May 16
Stock Market Crash Death Cross Doom Prevails - 23rd May 16
Did AMAT Chirp? Implications for the Economy and Gold - 23rd May 16
Stocks Extended Their Rebound On Friday - Will They Continue Higher? - 23rd May 16
UK Treasury Propaganda Warns of 3.6% Brexit Recession, the £64 Billion Question? - 23rd May 16
Stock Market Support Breached, But Not Broken! - 23rd May 16
George Osborne Warns of 18% Cheaper House Prices - BrExit for First Time Buyers - 22nd May 16
Gold Bull-Phase I Continues to Confound (The Trek to “Known Values”) - 22nd May 16 r
Avoiding a War in Space - 22nd May 16
Will Venezuela Be Forced to Embrace the US Dollar? - 21st May 16
Danish Central Bank Stumbles with Its Currency Peg to the Euro - 21st May 16
SPX Downtrend Underway - 21st May 16
George Osborne Warns of More Affordable UK Housing Market if BrExit Happens - 21st May 16
Gold And Silver 11th Hour: Globalists 10 v People 0 - 21st May 16
David Morgan: There Will Soon Be a Run to Gold Like You've Never Seen Before - 21st May 16
Gold Stocks Following Bull Analogs - 20th May 16
The Gold Chart That Has Central Banks Extremely Worried - 20th May 16
Silver Miners’ Q1’ 2016 Fundamentals - 20th May 16
Stock Market Rally At the End of the Road? - 20th May 16
British Pound Soars on BrExit Hopes Despite Remain Establishment Fear Mongering - 20th May 16
NASDAQ 100, FTSE, and British Pound - When Rare Market Data Screams, Listen  - 20th May 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Why 95% of Traders Fail

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