There Is More Talk of Nullification and Secession Today Than At Any Time Since 1865
“The US government has lost its moral authority,” says Thomas Naylor leader of the Second Vermont Republic movement.
Disgruntled by high taxes, wars in far-away countries, bailouts for fat-cat bankers, a growing number of Americans are pushing their states to defy federal laws and some are advocating secession.
“Our government is operated and owned by Wall Street and corporate America,” Thomas Naylor, a retired economics professor who heads the Second Vermont Republic movement, told Agence France-Presse (AFP) on Sunday, October 11.
“The empire is going down – do you want to go down with the Titanic, or seek other options while they are still on the table?”The US fell into the grip of the worst economic crisis since 1930s in September after the collapse of Lehman Brothers, the fourth-largest investment bank, and the financial woes of a number of Wall Street giants.
The fallout has developed into a full-fledged recession, threatening personal finances as home prices fall, retirement funds shrink and access to credit and jobs evaporate.
The recession, government growth and the explosion in federal spending are infuriating many Americans.
“The US government has lost its moral authority,” says Naylor.