Friday, May 21, 2010

A Message to EU Countries: Don't Make the Mistake South Carolina Did

By Ron Holland

The state of South Carolina has been an independent republic and nation twice in history, first in March of 1776 and again in December of 1860. History here certainly shows how it is far easier to get into a political union than to get out again. In South Carolina, we have found that once in a voluntary union, the open door slams shut as political and monetary elites who benefit from this arrangement seldom give up their power to tax, inflate the currency, protect special interest monopoly rights and engage in mercantilism without fighting to retain their distant dictatorial controls.

The photos above aren't of terror bombing of London, Berlin or Dresden but rather Columbia, SC on the top and Charleston on the bottom. There were no land battles fought in either city but rather Columbia was burned at the end of the war by union forces and the civilian areas of Charleston were targeted by a union naval bombardment which lasted longer than the World War Two German siege of Leningrad (St. Petersburg) Russia.

“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.” ~ Benjamin Franklin

The corrupt, power-hungry EU elites like politicians here in America are always ready to use a crisis to advance their agenda of accumulating power, increasing taxes and controls over local governments and independent citizens. Contrary to their false promises that a political and monetary union would guarantee economic safety and monetary security, here in the US, the very opposite has been the case with our exploding national debt and long-term downtrend in the dollar.

The call for a political and monetary union in Europe to counter the sovereign debt crisis is the dominate elite theme of the week from Europe to the United States echoed hourly on cable channels and in editorial written comments. Just a few minutes ago, one of the beautiful woman de jure reporters on a financial channel, again repeated the message with something to the effect, "what Europe needs is what we have here in the United States, one fiscal system, one political system and one country." Since Germany is the titular head of the EU, this subliminal message has a frightening historic ring to an earlier "One People, One Nation, One Leader" refrain repeated ad nauseam during another time in Germany.

“We can’t have a monetary union without some form of economic and – er – political union.” ~ EU president Herman van Rompuy

“It seems that the sovereign debt crisis could be acting as a catalyst for an ever closer union of European countries. The decisions taken this weekend first by European leaders and then by finance ministers mark a big leap towards a fiscal union in the euro area, we think.” ~ Elga Bartsch, European Chief Economist for Morgan Stanley

To Europe we say, don't move from a failed monetary union to a failed political union to solve the problems created by your local and supra-national EU politicians. The world meltdown and now sovereign debt crisis was predominately caused by our Wall Street firms which offered your politicians sovereign debt scams guaranteed to fail. We have found giving politicians short-term debt financing to buy re-election is like giving unlimited heroine to a heroine addict as a solution to their addiction problem. This only works as long as the drugs are available. When the drug or credit ends, these power or drug addicts will do absolutely anything to maintain their addiction. Looking through the past false war propaganda, all too much of European and American history is made up of wars and economic dislocation created by politicians to advance their agenda and addiction to power and wealth.

Read the rest here.
Ron Holland is a contributing editor to the Swiss Mountain Vision Newsletter and Swiss Confidential published by Appenzeller Business Press.

1 comment:

  1. If the EU becomes the New Roman Empire, the British might be able to stay out of it, and the Irish (as an Island) might be able to secede in the beginning before power is consolidated, but that is it. No one else will get out. And it will not be an American-Style federation, either. A unified EU will most likely be far less democratic and more dystiopian than the USA ever was. It will be more like the Roman Empire or the Fourth Reich than anything else.