To: GonzoGOP
Can we not naturalize our self as a nation someday if we need to? Call back all our territory as our own? We may lose our credit with other countries but it might be worth it if necessary.
16 posted on
09/29/2009 10:50:20 PM PDT by
Bellflower
(If you are left DO NOT take the mark of the beast and be damned forever.)
To: Bellflower
Can we not naturalize our self as a nation someday if we need to? Call back all our territory as our own? We may lose our credit with other countries but it might be worth it if necessary.
Well two factors. (1) It is an act of war. Now if you have as strong enough military that not a problem. If Obama continues to gut ours and China continues to build up theirs it becomes a problem. See the Suez crisis when Egypt nationalized itself and was promptly invaded by England, France and Israel.
(2) You will never be able to borrow again for some time, and your currency will be considered worthless. This is what happened to Zimbabwe after they started seizing private property. Since there is no nation big enough to be our sugar daddy, like the USSR was to Castro, I suspect the second we nationalized we would need to be prepared for balanced government budgets or run away inflation. Since I can't see the government ever having enough self discipline for the former, we are going to have to get used to billion dollar loafs of bread.
17 posted on
09/30/2009 4:09:30 AM PDT by
GonzoGOP
(There are millions of paranoid people in the world, and they are all out to get me.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson