This past week, in addition to a flood of articles about the emerging Gamestop short sell story, there was another trend, namely, that of state and tribal pushback and even more secession talk. Consider the following stories shared by M.D., G.B., V.T., W.G., P.S.J., and B.(with thanks to all of you for sharing):
The Ute Indian Tribe does not mince words in their response to Interior’s order restricting federal energy development:
“Your order is a direct attack on our economy, sovereignty, and our right to self-determination.” pic.twitter.com/U5MiZCMx4n
— Megan Barnett Bloomgren (@MeganBloomgren) January 22, 2021
As regular readers of this website are aware I seldom bundle several articles together to blog about, since doing so prevent going more in-depth on an article-by-article basis. But I do so today because there seems to be common thread connecting all of them together, namely, the new administration of Mr. Bidenenko. Domestically, as can be seen, a "revolt of the states" already appears to be brewing, manifest in some direct, and some not-so-direct, ways. Consider only the bill recently passed by the Iowa state general assembly. I may be completely mistaken in my reading of the bill, but it does appear that the Iowa legislature has decided to directly fund students (i.e., their parents) to allow a choice of schools, a step which would by-pass America's failing public education system. More importantly, it would appear that the bill may actually foster several start-up private schooling ventures and perhaps a return to the time-honored tradition of professional tutors and mentoring. Time will tell if my reading is correct. But if so, it's a major swipe at increasing centralization and federalization.
Turning to the secession and tribe story, this too may be an indication of "more to come," as both states and Indian tribes might possibly band together. It will get dicey if these secession movements decide they're better off not "switching states" but opting to place themselves under tribal sovereignty. Again, time will tell, and though that speculation sounds like the height of high octane, nothing at this stage would surprise me. In any case however, we can now add Colorado to the list of states where there are movements to split the state and either form new states, or to transfer counties from one state to another, the other such states being California, Oregon, and Washington, which in the latter two cases there has been talk in recent years of counties in those states joining Idaho. These movements and this talk, I predict, will only grow more potent if the moves to approve Swamington DC and Puerto Rican statehood go forward.
And this is just some of the domestic fallout, and I didn't even mention the moves in Mississippi and Tennessee to remove sales tax on gold and silver! (See https://www.zerohedge.com/political/bills-introduced-mississippi-and-tennessee-would-repeal-sales-tax-gold-and-silver, also shared by B.)
Geopolitically the fallout is even more enormous, with China recently threatening Taiwan in no uncertain terms, and as the article by The Saker cited above avers, the Kremlin needs to toughen its stance toward the USA. Doubtless it is already preparing for orchestrated international interference in the form of "protests" as the Russian federal elections of September approach. And the thing to note here is that The Saker's observations and recommendations often become reality to a certain degree. Again, time will tell. And finally, as the article about the EU and NATO offers, the US (s)election "results" are sending geopolitical shockwaves through the corridors of power in Europe, especially as the Bidenenko regime appears willing to increase tensions with Russia, a move that cannot have Paris or Berlin too happy, and driving home once again to the political leadership class of those countries, if not yet to the broader population, that the USA is an unstable and unreliable ally, and capable either of dragging them into conflicts they don't want, and equally of not defending them if push comes to shove. The bottom line? Europe will have to fend for itself.
That spills over, too, into the emerging "Quad's" considerations. As China increasingly rattles its sword, New Delhi and Tokyo, with or without Swampington D.C. and the Lying Circus, will have to respond.
See you on the flip side...