Post by Hoosier Hillbilly on Nov 28, 2015 9:03:23 GMT -5
Texas Makes Massive Move to Prepare for Secession From the Union
Texas was an independent nation from 1836 to 1845 before it became a state. That’s why it is referred to as “The Lone Star Republic.” Now Texas may be making a big move to secede from the United States and become a republic once again.
The state legislature recently announced that Texas’ gold holdings will be kept within its own borders. Of all 50 states, only Texas has a stockpile of gold, amounting to approximately 5,600 bars or $650 million worth. Currently, the gold is held in an HSBC bank in Manhattan.
This decision was met with approval by conservatives and others who have little confidence in the long-term economic viability of the federal government or who oppose the moves of the left-leaning, ideologically driven management of the federal government by President Obama.
Subsequently, many individuals wonder if this is a move by Texas toward eventual secession from the United States.
“Just moving it [the gold] would be pretty expensive and, unless Texas is anticipating withdrawing from the Union, which I suspect is some peoples’ want, I don’t see what advantage it is,” said Edwin Truman, a senior fellow at the Washington-based Peterson Institute for International Economics and an expert on gold and monetary policy.
The bill to move the gold was introduced by state Rep. Giovanni Capriglione. It easily passed through the state legislature. When Gov. Greg Abbott signed the bill, he tweeted, “California may be the golden state, but Texans deserve to keep their gold in-state!”
conservativetribune.com/texas-prepares-for-secession-1/