by Ron Holland
February 11, 2010
Frédéric Bastiat must have been looking toward the future of the United States today when he said, “When plunder has become a way of life for a group of people living together in society, they create for themselves in the course of time a legal system that authorizes it, and a moral code that glorifies it.”
I fear the federal government will plunder much of our private wealth, retirement plans and personal savings through hyperinflation, financial controls and confiscatory tax rates all in the name of protecting the public from a future debt crisis unless the states can secede from the Union and the crushing Washington debt load.
The first actual secession following several attempts by the New England states took place in the South and it ended with the defeat of the Confederate States of America. Now secession is again in the news and this time it may be the only solution to surviving the coming Washington national debt crisis.
We need to forget the causes of the earlier War Between the States, regional differences, slavery, tariffs and other related issues. The new secession effort will be state based but a national movement all across the United States ranging from Vermont to Georgia, Texas to Alaska etc. Economic survival and prosperity rather than regional issues will be motivating factor.