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How States Can Protect Themselves from Financial Collapse

Written By: Brandon Smith  |  Posted: Wednesday, April 25th, 2012

            The States of America are, truly, children of the Constitution. The legal framework that is the foundation of State sovereignty and internal administration was unprecedented when the United States won its independence. States were designed to decentralize and keep in check the power of the Federal government. They were meant to be the guardians at the gate, the barrier to the formation of oligarchy or outright dictatorship. This, of course, has changed drastically.

            The battle over centralized versus decentralized authority and economy has been going on for quite some time. It is undeniably critical in our current climate of crisis, under a government that is bankrupt in every sense and a currency that is on the verge of calamity.

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