Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Catalonia Votes For Independence From Spain, Mainstream Press Lies As Usual

Politics / Spain Nov 28, 2012 - 09:14 AM GMT

By: Ron_Holland

Politics

"Secession is a deeply American principle. This country was born through secession." ~ Ron Paul

On Sunday, pro-independence voters in Catalonia captured almost two-thirds of the regional parliament. While the establishment press attempts to hide the secession victory by mentioning that the largest pro-independence party lost parliamentary seats, this, too, was a major victory for independence forces.


There is a reason the global elites and politicians are terrified of secession. All "sanctioned" history lessons and political messages attempt to cover up the fact that most national and tax-jurisdictional boundaries are constantly changing, around the world. The elites want you to believe that all governments are permanent and hence, you, the citizen, have no alternatives. But take a look back at any map of Europe 25 years ago, 50 years ago and then each previous century and you'll see the actual situation is far different.

Actually, during its long history Catalonia has been incorporated into or controlled by Greece, Carthage, Rome, the Visigoths, Moorish or Muslims, the Franks, the nation of Aragon, the Habsburgs and finally, Spain.

Read this typical Associated Press announcement on the vote: The headline reads "Independence Drive for Spain's Catalonia Falters" and the first paragraph states: "The push for an independence referendum for Spain's Catalonia region has been thrown into doubt after the referendum's main supporter was punished at the polls and forced into the difficult position of having to seek alliances with other parties."

This is because Catalan President Artur Mas and his Convergence and Union Alliance Party, or CiU, lost seats to more radical secessionist parties, as they should have. Actually, Mas and the CiU are Johnny-come-lately independence supporters and previously actively supported EU and bank-mandated austerity measures which only hurt the economy, cut benefits and impoverish Catalonians through higher taxes.

The four independence parties still have to develop plans for a future referendum on secession that will likely be supported by a majority of the citizens of Catalonia. Although separatist movements are spreading across Europe, here at The Daily Bell first we question why restored nations should assume a burdensome share of illegitimate sovereign debt when they exit existing unions and nation-states.

Most of the debt was created by distant banking elites buying "encouraging" parliaments to increase national debt loads that can never be paid off. With economies collapsing due to the debt load from foreign-imposed debt never approved by the citizens, why should new nations shoulder this illegitimate and destructive sovereign load?

Second, of course, all tax-feeding central governments like Spain warn of a constitutional crisis and vow to block secession and independence efforts. But an excellent counter to this draconian argument and Lincoln-like threat is to say the following: "Either you allow us to leave voluntarily and we will take a percentage of your sovereign debt or use force and we will leave debt-free and bring down your government. The choice is yours!"

It looks like the productive, hard-working people of Catalonia are growing weary of funding the Spanish central government. I suggest that they will eventually gain their independence. The leaders of Spain would do well to consider their options of allowing a peaceful and friendly transition to independence lest they face the alternative, which could take down Spain and many other central governments across Europe.

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.

Ron Holland Archive

© 2005-2022 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