When the Confederacy was no more, Texas reverted back to the Republic of Texas, criminally in a war crime occupied by the USA from 1865 to the present.
The USA occupying the Republic of Texas is not the Volunteer Union united States of America formed by the Revolutionaries, but the Mandatory Communist Military Dictatorship thinly disguised as a constitutional republic, the UNITED STATES OF AMERICA CORPORATION instituted by the closet queer atheist marxist yankee “puritan” war criminal Lincoln when he killed the Revolutionaries Volunteer Union.
The “STATE OF TEXAS” is an occupying sub corporation of the USA/DC occupying war criminal communist corporation.
If the STATE OF TEXAS wants to secede, have at it but that still would not make it a legal governmnet of the Occupied Republic of Texas.
The Occupied Republic of Texas has never been a legal member of Lincoln’s dictatorship mandatory union, only illegally occupied by the shyster rail road lawyers Marxist Soviet Styled Dictatorship.
Therefore the Occupied Republic of Texas can not secede from that which it has never joined.
The Ole Texican Dog!
‘COMMON SENSE: The Case For an Independent Texas’
This pamphlet is dedicated to all people of goodwill.
CONTENTS
Chapter I. Two Americas 1 Chapter II. Texans Should Separate from
the US Federal governmnet.
Chapter III. The Rest of the Country 20 Should LET THEM GO
Chapter IV. Concerns & Objections 23
Endnotes
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Originally published September 2021
CHAPTER I
TWO AMERICAS
There are now two Americas, each with its distinct ethical system, news sources, and version of American history. In a free and tolerant society, two separate nations could co-exist, as the bumper sticker implores.
But the modern United States is not free, and it is certainly not tolerant. The two Americas hate each other with a growing passion, and if unchecked that hatred will soon escalate into widespread violence.
Left-wing progressives still recall in horror the mob of January 6, and are amazed that acceptance of transgender individuals is meeting such resistance, when they view it as obviously the 2020s analog of the Civil Rights struggles of the 1960s. They are dismayed by the unwillingness of so many of their fellow Americans to take the most basic of precautions to reduce the death toll of a global pandemic. They find it very telling that the same people who argue that a business should be able to refuse service to gay couples do not think those same businesses should have the freedom to set their own mask or vaccination policies.
On the other side, right-wing conservatives watch in shock as the country they knew disappears; stories appear daily that would have been inconceivable a mere decade ago. A medical school professor apologizes to his students during a lecture for saying the phrase “when a woman is pregnant” (thus implying that only women can become so).1 A typical peer-reviewed article argues: “Whiteness is a condition one first acquires and then one has—a malignant, parasitic-like condition to which ‘white’ people have a particular susceptibility . . . Parasitic Whiteness renders its hosts’ appetites voracious, insatiable, and perverse.”2 The CIA advertises its inclusivity and top military brass warn of domestic right-wing militias, while allies are abandoned amidst collapse in Afghanistan. The conservatives are amazed at the reintroduction of segregation, in stark defiance of the plain words from Martin Luther King and other Civil Rights-era icons.
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They are dismayed by the willingness of so many of their fellow Americans to let political officials tell them if they are allowed to go to church. And they find it very telling that the same people who argue “her body, her choice” when it comes to aborting fetuses do not extend the same logic to vaccinations.
For those refusing to see what is staring them in the face, the NFL has literally begun playing two national anthems before its games. In recognition of the Two Americas, there must be an accompanying political separation. The rest of this pamphlet is dedicated to the proposition that the state of Texas must be restored to its status as an independent republic. Such a restoration is no magic bullet, and will not resolve all of America’s problems, but it will help tremendously. The time to act is now.
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CHAPTER II
TEXANS SHOULD SEPARATE FROM
THE U.S. FEDERAL GOVERNMENT
Although it is a timeworn tradition in America to decry the nonsense flowing from Washington, in recent years the U.S. government’s profligacy and incompetence have long surpassed any reasonable threshold for tolerance. Below we offer a brief sketch of some of the major issues for which federal policies are the problem.
Money: The U.S. Problem
The United States’ central bank, the Federal Reserve, has created extraordinary amounts of new money in response to the 2008 financial crisis and more recently the 2020 pandemic. The following chart, taken from the St. Louis branch of the Fed, shows the size of the “monetary base,” which is legal-tender money (currency plus bank reserves held on deposit with the Fed itself). The monetary base is directly controlled by the Federal Reserve, and is a common measure to judge whether policy is “tight” or “loose.”
Figure 1. U.S. Monetary Base, Jan. 1959 – July 2021
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(Shaded areas indicate U.S. recessions.) Source: St. Louis Federal Reserve (FRED)3
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When the financial crisis struck in September 2008, the monetary base stood at $910 billion. A year later, after the first round of so-called “quantitative easing” (QE) it had doubled to $1.8 trillion. The second and third rounds of QE involved another doubling, pushing the monetary base up to around $4 trillion where it hovered from late 2014 through late 2015.
The monetary base had been gently falling until September 2019, when it resumed its growth due to a seizing up in the market for repurchase agreements (“repos”). And then when the coronavirus pandemic shocked the world in March 2020, the Fed unleashed a torrent of new monetary inflation. As of July 2021, the monetary base stood at $6.1 trillion.
Besides the obvious problem of rising consumer prices, the Fed’s policies since 2008 have inculcated a state of dependence in the financial markets to continually “easy money.” If and when the Federal Reserve decides to seriously tighten, the resulting crash will be much worse than if the Fed had adopted more moderate policies from the beginning.4
Money: The Texas Solution
A free society would feature a healthy separation of money and state, for the same reasons that it respects a separation of church and state. Although most Americans take it for granted that the government must be in charge of the money supply, historically this was not always so. Indeed, from the founding of the Constitutional Republic up until the eve of the Civil War in 1861, the United States government did not issue any legal-tender paper currency at all. (How would they have known whose portraits to put on the bills?) Instead, the people decided how many official U.S. dollars existed at any moment, by taking raw gold or silver to U.S. mints where they would be stamped into full-bodied coins marked with the appropriate number of dollars on their face, according to legislated ratios.5
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The government of the Republic of Texas doesn’t need to tell its people which assets to use as money; they can figure that out themselves. Presumably in the initial years after a formal break, Texans will continue to conduct much of their business in U.S. dollars. Yet the Texan authorities should put no hurdles in the way of their citizens adopting other assets as dollar alternatives, whether they be euros, gold coins, or cryptocurrencies.
Fortunately, Texas currently has no state income tax (or associated capital gains tax), which would prove an obstacle to diversifying away from the dollar (because alternative assets would appreciate in dollar terms and be subject to tax when spent). In the case of money, Texas authorities need do nothing special; private citizens can make their own contractual arrangements as they see fit. To the extent that government entities in Texas must receive payments, they of course can specify the acceptable forms, but this is no different in principle from a restaurant in Cancún accepting both U.S. dollars and euros from tourists (at pre-specified exchange rates vis-à-vis its menu prices) while rejecting payment in chickens; nobody thinks such a restaurant is setting Mexican monetary policy with such business decisions.
Debt: The U.S. Problem
As with the Fed’s issuance of new dollars, the United States Treasury has unleashed a spigot of new debt starting with the 2008 crisis and accelerating since the pandemic. The following chart shows total U.S. Treasury debt, both in dollar terms (blue, left) and as a percentage of GDP (red, right):
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Figure 2. U.S. Federal Public Debt, 1q 1966 – 2q 2021
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Source: St. Louis Federal Reserve6
As the figure indicates the total public debt (at the federal level) went from about $9.5 trillion (or 64% of GDP) in early 2008 to $28.5 trillion (or 126% of GDP) a mere thirteen years later.
The huge increase in federal debt would be tolerable if it were due to one-off events (such as a global financial crisis and a global pandemic) that would soon give way to fiscal responsibility. However, due to rising interest rates and demographic trends, the Congressional Budget Office (CBO) projects that the federal debt as a share of the economy will continue to grow in the long run, and by 2031 will actually surpass its all- time peak set during World War II.7
Debt: The Texas Solution
As with any household or corporation, the government of Texas can avoid a debt problem by living within its means. As the analysis in this chapter indicates, the Texan government does not need to replicate all of the “services” currently provided by the U.S. government. By resisting the urge to increase spending, the Texas authorities can maintain their current policy of no income tax, thus protecting one of the features undergirding the region’s continued growth in population and economic output.
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Entitlements: The U.S. Problem
In the often poorly named taxonomy of U.S. federal spending, “entitlements” refer to mandatory (as opposed to discretionary) expenditures that are fixed under law. In order to change the trajectory of entitlement spending, Congress needs to alter the original law giving authorization. The biggest ticket items in this category are Social Security and Medicare. For decades, analysts have been warning of the looming (yet always distant) “unfunded liabilities” time bomb due to the aging of the population, where fewer and fewer workers support each retiree drawing benefits from Washington. That time bomb has now detonated, as we explain shortly.
When discussing the solvency of Social Security and Medicare, there are different thresholds one might choose, due to the peculiar fact that historically, these programs ran annual surpluses which they lent to the federal government to (partially) cover the deficit in the general fund. (This allowed Social Security and Medicare to build up “trust funds” over the years, consisting of Treasury securities whereby Uncle Sam owes money to himself.) So when we ask, “When will Social Security (or Medicare) run out of money?” there are different ways we can interpret the question, each yielding a different answer.
Yet no matter which threshold we adopt, the situation is dire. For example, if we ask in what year will the annual “contributions” from workers’ payroll taxes fail to cover that year’s benefits payments, the answer is: That already happened! For Social Security (specifically, the Old Age, Survivors and Disability Insurance or OASDI programs) that shortfall began in 2010, while for Medicare (specifically the Hospital Insurance or HI program, also referred to as Medicare Part A) that shortfall began in 2008.
If we treat the respective trust funds associated with Social Security and Medicare as if they were external assets held by a private financial institution, then we can push back the point of crisis. Taking into account the trust funds and the interest income they generate, OASDI will be able to pay obligations according to current law up through the year 2034, at which point the Social Security trust fund will be depleted. The comparable year for Medicare’s HI program is 2026.8
MORE:
https://mises.org/library/common-sense-case-independent-texas