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When the world's largest pipeline is completed, what do you think the petroleum will be sold in? Perhaps a basket currency, or possibly ruples, euros or yuans.
Not the dollar though.
Out of those three currencies, which do you prefer?
and this post proves that you don't know much about world economics either, and world trade. Things are bought and sold in WHATEVER form of payment that the buyer and the seller wishes to accept. US still buys its imports IN US Dollars.
Japan's yen is falling (due to their rising national debt)
Euro is falling (and has been for a while a now due to a high recession in many of the European states).
The currency to buy in? actually there are two: The Canadian and Australian Dollar with the Phillipine Peso seeing a resurgence lately.
There is nothing in the Constitution that bars a State from seceding. Worse than that, all powers that are not expressly denied to the States are granted to the States in the 9th and 10th Amendments.
Likewise there is no provison on how secession would be implemented constitutionally. There is no procedure in the US Constitution on secession. It wasn't writen into the current form. If you wish to make secession a constitutional right, that can be done by amendment or through convention.
Just because the USSC affirms state's rights through the 10th amendment...9th is rights retained by the people...not states, does not mean the USSC allows secession.
and this post proves that you don't know much about world economics either, and world trade. Things are bought and sold in WHATEVER form of payment that the buyer and the seller wishes to accept. US still buys its imports IN US Dollars.
Japan's yen is falling (due to their rising national debt)
Euro is falling (and has been for a while a now due to a high recession in many of the European states).
The currency to buy in? actually there are two: The Canadian and Australian Dollar with the Phillipine Peso seeing a resurgence lately.
Yes, the petro-dollar is of no relevance. Pull out of your wars, and see how fast your economy goes downhill.
"The union between Texas and the other States was as complete, as perpetual, and as indissoluble as the union between the original States. There was no place for reconsideration, or revocation, except through revolution, or through consent of the States."
"Consent of the states" means an act of Congress.
Texas v. White bans unilateral secession of a state, but not secession with the approval of Congress.
A secession bill for Texas, however, would not pass either house of Congress.
If a state actually tries to leave the US they will not be worried about violating the constitution. They will do some sort of declaration of independence and try to get another country to ackowledge the existence of the new nation. Then the US would have to decide if they want to go to war with the state/nation depending on acknowledgment to get them to fall in line.
The interesting debate is if a state like Texas actually declares independence would obama actually go to war with the state to prevent it from happening.
The interesting debate is if a state like Texas actually declares independence would obama actually go to war with the state to prevent it from happening.
Obama is a student of Lincoln but if he lets'em go, it makes GOP majorities much harder.
Obama is a student of Lincoln but if he lets'em go, it makes GOP majorities much harder.
That is exactly it, it is do you look weak to world by letting them go and enjoy an easier liberal majority in the nation that remains, or go to war and sacrafice lives and deal with tougher election.
That is exactly it, it is do you look weak to world by letting them go and enjoy an easier liberal majority in the nation that remains, or go to war and sacrafice lives and deal with tougher election.
The reality is TX isn't going to do it. If they did, the U.S. should put up a big fence to keep those illegal Texans out, who want to steal American jobs.
Yes, the petro-dollar is of no relevance. Pull out of your wars, and see how fast your economy goes downhill.
It won't. With a multi-billion dollar video game industry, film industry, and whole lot of other goods and trade, the US economy isn't dependent on war time.
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