I confess that it seems to me exceedingly clear, that our Constitution is most worthless and tyrannical, if the usurpations of those who administer it, cannot be resisted by any means short of revolution. I have always considered the reserved powers of the States, as the only real check upon the powers of the Federal Government; and I have always considered it, not only the right, but the imperious duty of the States, so to apply that check, as not to dissolve the Union.
Monthly Archives: June 2016
Nullification, Resisting Federal Tyranny
Martin Armstrong (in 1016)
The slingshot [move to private assets] comes WHEN everyone realizes the future will not be anything they dreamed of. The negative interest rates are destroying pension funds, Central banks have lost control and credibility, and socialism is dying very hard because government is consuming the bulk to fund its own pensions. The slingshot comes when people realize governments are collapsing. Then there will be the mad rush into all private assets.