Writing’s On The Wall: Texas Pulls $1 Billion In Gold From NY Fed, Makes It “Non-Confiscatable” | Zero Hedge

The lack of faith in central bank trustworthiness is spreading. First Germany, then Holland, and Austria, and now – as we noted was possible previously – Texas has enacted a Bill to repatriate $1 billion of gold from The NY Fed’s vaults to a newly established state gold bullion depository…”People have this image of Texas as big and powerful … so for a lot of people, this is exactly where they would want to go with their gold,” and the Bill includes a section to prevent forced seizure from the Federal Government.

So far most of the attention has focused on the part of the depository and the big institutions. However, the bill also includes a provision to prevent seizure, which is important for private parties who want to avoid another 1933 style confiscation of their bullion by Federal authorities.


Texas and Vermont are unique among the states because they were both independent republics before joining the United States.

Freedom is cool. It’s sexy. Rampaging goons, asshole searches, titty-suckin’ –all those things are as unfashionable today as trucker caps or adult onesies. So Texas is out in front with what’s cool.

The federal jurisdiction is dead. It can’t even rub its limp little peen and get it up to indict me for taking a dump on its income tax “laws” for the past twenty years. The federal jurisdiction is a joke. It’s achieved room temperature. It’s a stiff.

So it is only a matter of time before the broader public –and the states comprised of that public– begin defending themselves against United States deadenders who may not know that their jurisdiction died. So this move by Texas just makes good sense.

Vermont’s a little too heavy on the hemp dresses and the Birkenstocks and the egghead college grads with their term papers. Vermont probably will choose poorly, choosing to ally itself with a stiff rather than with the future, which is freedom. There’s a little too much commie-ism in Vermont for my taste. Bunch of little control freaks running around wanting to dictate which direction I should wipe my ass.

I can definitely see a day when I move to Texas if Vermont doesn’t get its act together in defending its citizens against the predations of the dead federal jurisdiction. I drove a day out of my way once so I could see the Marfa Lights. They were out that night, and it was really quite spectacular. I would like to live in a dusty ol’ little town somewhere.

I am America’s Senior Comedian. Thank you for your kind attention in this matter.