Posted on 10/09/2018 10:26:40 AM PDT by Kaslin
I see a Second Civil War breaking out in America.
Now, I realize we’ve heard this before. And when I first uncovered this research, I almost dismissed it as sensationalist clickbait. But I’m glad I didn’t.
This Civil War won’t be a shooting war. We’re not going to have a war between the North and the South on the battlefields of Fort Sumter or Gettysburg. It’ll be an economic Civil War… One in which states could exert their financial independence.
And for the first time, we have the technology to make this possible.
Before I get to the technology, I want to say that all this deeply saddens me.
As a child in the United Kingdom foster care system, I had two dreams… I wanted to move to New York City and then get a job on Wall Street. I moved to New York when I was 16 and got a job at Lehman Brothers one month after my 18th birthday.
America far surpassed my dreams… It’s given me so much. I’ve found opportunity, mentors, love, and friendship here. I can’t convey in words how I feel about this country. It’s everything to me.
I don’t want this to happen. I don’t revel in telling you about this. But this is a huge event with implications that will affect every aspect of our lives.
Here’s the thing, Ideological differences have never been so dramatic. And the evidence is everywhere. You see it on television news shows… and hear it on talk radio.
I’m not the only one feeling this way.
According to a June 2018 Rasmussen poll, nearly one-third of Americans think a second Civil War will break out in the United States within the next five years.
The Pew Research Center found Democrats and Republicans are more ideologically divided than in the past.
And a Gallup Poll released on July 2—just two days before our Independence Day—found that a record-low number of Americans are proud of their country.
Parts of the country hate the other parts. The coastal elites hate the so-called flyover states. The red states hate the blue states.
This divide is widening, too. California wants to split into three states… They’ll be voting on that this November.
Friends can’t even have a healthy debate about politics anymore. And the political environment is about to get more polarized and more tense.
As I said, the Second Civil War won’t be a shooting war. It will be financial. And I think states will break away economically through the emergence of state-issued money.
Now, states won’t call this currency. The U.S. Constitution prohibits states from coining their own money. And the National Banking Act of 1863 bans state banks from issuing money, too.
But there’s a loophole in the law. States can issue bonds backed by revenue.
Right now, every state issues revenue bonds. These bonds typically trade in $1,000 increments. That could change.
With blockchain technology, states can issue bonds in increments of one cent or even smaller. People would be able to trade these bonds 24/7… So it would be similar to having cash.
Twelve of the wealthiest states in America are pushing through legislation that will allow them to create their own money.
And state lawmakers in California and New York are already pushing bills that would fund the study of state-issued cryptocurrencies.
These coins would be backed by state revenues, such as taxes.
So if you pull back and see where the trajectory is going… You could see things like Cali-coin in California, Weed-coin in Colorado, and Oil-coin in Texas.
This will give people an alternative money to invest in.
If you’re a large sovereign wealth fund and you’re looking for somewhere to park your money, you’ll choose U.S. Treasuries because they are the safest assets in the world.
But I think smart money managers will move their safe money from Treasuries to these cryptographic bonds.
What would you rather put your money in? Something backed by full faith and credit of the heavily indebted U.S. government… Or something backed by actual state tax revenue?
This will drain money away from U.S. Treasuries… And the ultimate result could well be the decline of the U.S. dollar. Its value will quickly erode if state-issued money catches on.
Regards,
The name of the writer does go with the level of logic which exists in the article.
Fun facts. Except for the NYC area, NYS is pretty red.
Same with California.
What does the author THINK will happen when these folks say no to their socialist overlords?
I’m all for Cryptocurrency ....
Long before those 3 states break down economically, they will have tried to confiscate weapons.
“Now, states won’t call this currency. The U.S. Constitution prohibits states from coining their own money. And the National Banking Act of 1863 bans state banks from issuing money, too.
But there’s a loophole in the law. States can issue bonds backed by revenue.”’
_______________________________________________________
Yeah...I can see some problems with this author’s logic too. There’s no way that the Supreme Court will allow the Banking Act of 1863 to be bypassed by this “loophole”. There will be a Federal lawsuit and these lower denomination bonds will be considered state-issued currency.
There is simply too much Federal leverage lost when they do not have control of the effective Money Supply.
She is right about one thing, I most certainly hate those bastards.
Possibly a prophetic article. It is one of consequences that could occur due to the impossibility of the US dollar inflating forever. Someday, something has to give. This very well could be what happens. Thanks for the insight.
“The Pew Research Center found Democrats and Republicans are more ideologically divided than in the past.
Yeah, now I wanna punch them if I so much as see a bumper sticker.
When I see one of those cretins I actually get an anger starting to boil in my belly. Before it was different idealogy - Now it’s something else. I just can’t believe someone would have a Hillary sticker on their car - even if they are hard core democrats.
Hillary wins the superdelegate vote, steps aside so that Obama can get the nomination. She doesn’t give up the superdelegates though, as to send a message to other Dems. They are too dumb to know how their own party works.
Bernie shows up at the DNC and disappears around evening. Shows up the next day WITH A BRUISED FACE and steps aside for Hillary to win. Democrats still too stupid to figure something out.
This is like me showing off a McCain sticker. Why do they like Hillary so much ? Why do they love people the more psychotic they behave ?
Maybe it’s that Hillary admirers ARE psychotic. Go look at those meltdown vids from Election Night. I do; they’re fun to watch.
True enough it will be an economic war but it will be waged with natural resources and food. The bastions of the socialists have neither. How long would the major metropolitan areas of the east and west coast survive without electricity, natural gas and food, all of which are imported from other areas of the country and mostly from red states.
But how could a state prevent a company selling natural gas, for example, to a buyer in another state?
Is the question directed toward legalities, or otherwise?
If this country has another civil war, it wont be a state against state affair, at least not initially. Tiwari hints at the real division when he says “California wants to split into three states”.
The division in this country is more neighbor against neighbor and neighborhood against neighborhood.
There are deep divisions within states: Upstate NY against NYC, all of Illinois vs. Chicago, urban vs. rural, etc. The divisions are better described as Left vs. Right, & most states are substantially divided in this respect.
The coming civil war wont become state vs. state until there is a mass migration of Americans, gathering together for mutual protection in new homelands. This migration may never happen. People don’t like to be forced to move & abandon their property. Many will fight in place rather than move. Many more wont move because it is too late, too dangerous.
Civil war will be bloody & disorganized, there wont be uniformed armies fighting each other as in the Civil War. Gang warfare or guerrilla war would better describe the coming conflict. Government will have collapsed.
It would take some act to touch off CW II—Like a coup to take the White House and Try Trump for “Treason”—Ban The Republican “Hate Party”—such actions would be supported by the Media—and Hillary/Kerry appointed President of the “restored United States” That would cause states in west and south (lead by Texas) to break from the Union. Donald Trump Jr. would be elected President and lead the Constitutional States of America in the war. In the end they would win, but 3 million would be dead and America no longer a world power.
Teeka Tiwari is a stock promoter. Specifically a promoter of cryptocurrency stocks.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
