by Russell D. Longcore
It has recently come to my attention that the State of North Dakota is a prime candidate for secession and nationhood. They could in fact be the only state of the Union that could actually secede any time soon.
This doesn’t mean that the people of North Dakota have been expressing any overt desire to become a nation. The closest thing to I’ve seen is The Republic of Lakota, the Sioux nation that has declared its sovereignty over chunks of North and South Dakota, Montana, Nebraska and Wyoming. And, the North Dakota legislature passed a Tenth Amendment resolution which was signed into law by Governor John Hoeven on April 30, 2009. Critics called it “a secession document.”
North Dakota’s population is just under 700,000 people. It would be much easier to turn the hearts and minds of 700,000 people than the population of a state like Texas, which has over 24 million. North Dakota also shares a common international border with Canada.
But North Dakota has solved one of the major problems facing any state that contemplates secession…its banking system.
I’ve said in the past that any state that is serious about secession will have to first address The Power of The Purse and The Power of the Sword. North Dakota has already solved the Power of the Purse issue by establishing the North Dakota State Bank. Read about state banking HERE.
If Washington balks at state secessions, their first retaliation will be to cut off the flow of cash to the Federal Reserve System member banks in that naughty state. In the event of secession, all the North Dakota State Bank would have to do is (a) establish its money, which is the underlying precious metals or underlying minerals to provide value to their money…then (b) issue their new state currency.
When the collapse occurs in states without a state bank, it will take months for the state to create new money. In the meantime the entire economy of that state will in essence be a black market economy. But don’t let that scare you. In the early DECADES of the colonies and even the early years of the United States after 1776, many world coins were used for trade. The Spanish silver dollar was widely circulated in America and used for daily commerce, right along side the British Pound Sterling. So in a state that doesn’t yet have its own money, the US Dollar may be still usable, but no one will know for how long. And other world currencies may function as money. When hyperinflation destroyed the Zimbabwe economy, and the Zimbabwe central bank issued paper currencies as high as $100 Trillion dollars…the economy regained itself by using other world currencies. Once Euros were used, store shelves became full once again.
And here is where your stored gold and silver will be needed. But we all know that there is not enough gold and silver in existence to satisfy monetary requirements.
Two of the characteristics of precious metals as money are its divisibility and its portability. It can be made into very small weights and sizes to accommodate the smallest transactions. And up until recently, that divisibility has made precious metals the favorite for money. But the upside of living in the digital age is that the divisibility and portability issues of non-precious metals and other minerals used as money can easily be settled. Computers can simply allow for transactions down into the hundredth or thousandth of a percentage of any store of value. For example, if Texas money was based upon the value of oil, computer programs could instantly calculate the amount of oil necessary to facilitate a transaction without ladling out a cup or a gallon of crude oil into the hand of a seller. The transactions would all be done electronically at the speed of light.
Many other states are giving serious consideration to the State Bank concept in an effort to wrest control away from an insane Federal Reserve System and an equally crazy Washington. We here at DumpDC encourage the states to cease all this anguish and simply secede. In one magnificent act, all your problems with Washington vanish. Don’t be misled by what I am saying. No one knows how Washingon will react to an Ordinance of Secession. But taking a page from the history books from 1989 shows me that after an economic meltdown, Washington will likely be just as powerless to prevent secession as the Kremlin was to prevent the breakup of the former Soviet Union.
In closing, I strongly urge all American states to establish a State Bank of their own. But if you’re going to run it just like the member banks of the Federal Reserve System, with fiat currency backed by nothing and fractional reserve banking…both methods of counterfeiting…you’d be better off just to stay with Washington as it drives off the economic cliff. Perhaps you’d like a one-world government better.
Secession is the only hope for Mankind. Who will be first?
DumpDC. Six Letters That Can Change History.
© Copyright 2011, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.