“I have been involved in the Swiss Gold Initiative. The Swiss National Bank is opposing this initiative. They have admitted that it stops their ability to manipulate markets. The campaign is going well. The public has generously donated because of KWN and other sites. But that came to a stop two days ago when Paypal closed the account for donations and they froze the funds that were in that account without any warning. So unfortunately the campaign cannot receive some of those donations which were just frozen. Paypal will not even answer the questions we are asking them, but I assume the money will be returned to the donors.”
Tag Archives: Direct Democracy
Save Your Swiss Gold – Peter Schiff’s Message to Switzerland
“I know in Switzerland you have all kinds of protests coming from the Swiss National Bank or the government – ‘You can’t do this. You can’t require that we have 20% gold backing.’ Well, prior to the removal of gold backing, think about the Swiss economy prior to 1999. Was there a problem having a gold standard? No. Why do you think the Swiss economy did so well? Why do you think Switzerland prospered more than countries like Italy or Spain or France or Greece? It’s because the Swiss politicians were disciplined by a gold standard. So you had sound money. You had limited government. You had real economic freedom, and you made progress.”
80% Catalans say Yes to independence in symbolic ‘referendum’
“The Minister of Justice, Rafael Catala, on behalf of the Spanish government, defined the vote as ‘political propaganda organized by pro-independence forces.’ After Spain’s High Court ruled the independence referendum proposed by Catalan leader Artur Mas unconstitutional last month, the Madrid government has also issued a ban on the informal poll, forbidding Catalans from making any public show of support for independence. Earlier, the Spanish Prime Minister Mariano Rajoy, stated the vote ‘will not have any effect.’ But that did not stop some 41,000 volunteers from organizing the election with over 1,300 polling centers set up for the historic vote.”
http://rt.com/news/203799-catalonia-independence-vote-spain/
Spain Moves Military Assets Into Catalonia Before ‘Illegal’ Secession Vote
“‘Everything is all set for Nov. 9,’ says a senior Catalan regional government official as the region prepares to defy both the central government and the country’s highest court and proceed with a much-disputed weekend vote on whether to secede from Spain. And while the Spanish government has not specified what legal consequences Catalan leaders, poll workers or voters might face Sunday, when they go to vote, The LA Times reports that Madrid has reportedly readied thousands of Civil Guard police officers to travel to Catalonia this weekend if needed.”
Swiss central bank fights to block public vote on gold backing
“Now the SNB is fighting on a new front: to block a populist motion that would force it to almost treble the proportion of reserves held in gold. At the end of November, Swiss citizens will vote on an initiative that calls on the central bank to hold at least 20 per cent of its assets in gold; to repatriate any gold stored abroad; and to refrain from selling any gold in future. The initiative seeks to tap into a current of Swiss public opinion that is fiercely proud of the country’s independence, and unsettled by the economic struggles of its neighbours. The government has rejected the idea, saying last year that ‘gold no longer has any meaning for monetary policy’. Parliament voted against it by a large majority.”
http://www.swissinfo.ch/eng/swiss-fight-to-block-public-gold-vote/41061340
Angry with Washington, 1 in 4 Americans open to secession
“Republicans were more inclined to support the idea, with 29.7 percent favoring it compared with 21 percent of Democrats. By region, the idea was least popular in New England, the cradle of the Revolutionary War, with just 17.4 percent of respondents open to pulling their state out. It was most popular in the Southwest, where 34.1 percent of respondents back the idea. That region includes Texas, where an activist group is calling the state’s legislature to put the secession question on a statewide ballot. Anger with President Barack Obama’s handling of issues ranging from healthcare reform to the rise of Islamic State militants drives some of the feeling.”
http://www.reuters.com/article/2014/09/19/us-usa-secession-exclusive-idUSKBN0HE19U20140919
Scotland votes to remain part of United Kingdom
“North Sea oil revenues, Britain’s nuclear weapons program and the use of the pound sterling would have all been on the line, along with dozens of other questions as the two sides divided this island along a border that has hardly functioned like one since 1707. Scotland already has its own parliament, with responsibility for managing the nation’s health care, education and legal systems. Nationalists said an independent Scotland, unshackled from London’s austerity-minded Conservative-led government, would have been modeled on Scandinavian countries that spread their wealth broadly and offer their citizens a generous package of government support.”
Scottish independence: big government and the five magic words
“The Scottish independence referendum has just concluded, and the first glance shows that the ‘No’ vote – that committed to remaining part of the United Kingdom – will pass by a few percentage points. Ever since the Scottish Parliament decided to hold such an independence referendum five years ago, most of the world thought they were barking mad. Few gave the movement much credibility until recent polls came out suggesting Scottish secession just might be a plausible reality. In fact, results now show that a majority of those voting in the city of Glasgow indeed did vote for secession from London, a slap in the face to the centuries-old union between the two home countries.”
http://nomadcapitalist.com/2014/09/19/scottish-independence-life-petri-dish/
U.K. promises Scots more power if they vote ‘no’ on independence
“The British government is scrambling to respond to a lurch in the opinion polls towards a vote for Scottish independence this month by promising a range of new powers for Scotland if it chooses to stay within the United Kingdom. British finance minister George Osborne said on Sunday that plans would be set out in the coming days to give Scotland more autonomy on tax, spending and welfare if Scots vote against independence in a historic referendum on Sept. 18. Osborne’s comments came after a YouGov poll for the Sunday Times showed supporters of independence had taken their first opinion poll lead since the referendum campaign began.”
Swiss Parliament Rejects Gold Standard Initiative Pending Popular Vote
“Swiss parliamentarians urged rejection of a popular initiative that would curtail the Swiss National Bank (SNBN)’s independence by requiring it to hold a fixed portion of its assets in gold. Members of the Swiss parliament’s lower house voted 129 to 20 with 25 abstentions today against the plan, which demands that at least 20 percent of the central bank’s assets be in gold. It would also disallow the sale of any such holdings and require all SNB gold be held in Switzerland. No date for a national vote has yet been set. Parliament and the multi-party government issue recommendations on all national referendums as a matter of procedure.”