Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
It's Five Nights at Freddy's Again! - 12th Jan 25
Squid Game Stock Market 2025 - 5th Jan 25
Stock Market Bubble Drivers, Crypto Exit Strategy During Musk Presidency - 27th Dec 24
Gold Stocks’ Remain Exceptionally Weak Even as Stocks Rise - 27th Dec 24
Gold’s Remarkable Year - 27th Dec 24
Stock Market Rip the Face Off the Bears Rally! - 22nd Dec 24
STOP LOSSES - 22nd Dec 24
Fed Tests Gold Price Upleg - 22nd Dec 24
Stock Market Sentiment Speaks: Why Do We Rely On News - 22nd Dec 24
Never Buy an IPO - 22nd Dec 24
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Catalonia Votes For Independence From Spain, Mainstream Press Lies As Usual

Politics / Spain Nov 28, 2012 - 09:14 AM GMT

By: Ron_Holland

Politics

"Secession is a deeply American principle. This country was born through secession." ~ Ron Paul

On Sunday, pro-independence voters in Catalonia captured almost two-thirds of the regional parliament. While the establishment press attempts to hide the secession victory by mentioning that the largest pro-independence party lost parliamentary seats, this, too, was a major victory for independence forces.


There is a reason the global elites and politicians are terrified of secession. All "sanctioned" history lessons and political messages attempt to cover up the fact that most national and tax-jurisdictional boundaries are constantly changing, around the world. The elites want you to believe that all governments are permanent and hence, you, the citizen, have no alternatives. But take a look back at any map of Europe 25 years ago, 50 years ago and then each previous century and you'll see the actual situation is far different.

Actually, during its long history Catalonia has been incorporated into or controlled by Greece, Carthage, Rome, the Visigoths, Moorish or Muslims, the Franks, the nation of Aragon, the Habsburgs and finally, Spain.

Read this typical Associated Press announcement on the vote: The headline reads "Independence Drive for Spain's Catalonia Falters" and the first paragraph states: "The push for an independence referendum for Spain's Catalonia region has been thrown into doubt after the referendum's main supporter was punished at the polls and forced into the difficult position of having to seek alliances with other parties."

This is because Catalan President Artur Mas and his Convergence and Union Alliance Party, or CiU, lost seats to more radical secessionist parties, as they should have. Actually, Mas and the CiU are Johnny-come-lately independence supporters and previously actively supported EU and bank-mandated austerity measures which only hurt the economy, cut benefits and impoverish Catalonians through higher taxes.

The four independence parties still have to develop plans for a future referendum on secession that will likely be supported by a majority of the citizens of Catalonia. Although separatist movements are spreading across Europe, here at The Daily Bell first we question why restored nations should assume a burdensome share of illegitimate sovereign debt when they exit existing unions and nation-states.

Most of the debt was created by distant banking elites buying "encouraging" parliaments to increase national debt loads that can never be paid off. With economies collapsing due to the debt load from foreign-imposed debt never approved by the citizens, why should new nations shoulder this illegitimate and destructive sovereign load?

Second, of course, all tax-feeding central governments like Spain warn of a constitutional crisis and vow to block secession and independence efforts. But an excellent counter to this draconian argument and Lincoln-like threat is to say the following: "Either you allow us to leave voluntarily and we will take a percentage of your sovereign debt or use force and we will leave debt-free and bring down your government. The choice is yours!"

It looks like the productive, hard-working people of Catalonia are growing weary of funding the Spanish central government. I suggest that they will eventually gain their independence. The leaders of Spain would do well to consider their options of allowing a peaceful and friendly transition to independence lest they face the alternative, which could take down Spain and many other central governments across Europe.

Ron Holland [send him mail], a retirement consultant, works in Zurich and is a co-editor of the Swiss Mountain Vision Newsletter. He is the CEO of Biologix Hair Inc., providing a revolutionary way to regrow your natural hair with the Biologix Hair Therapy System™.

© 2012 Copyright Ron Holland - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Ron Holland Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in