QUESTION: Marty, I learn on Zero Hedge that Trump was floating the concept of Venezuela turning into the 51st State. Whenever you had been right here in Canada, you stated the US would by no means let Alberta turn into the 51st State. Is that this simply extra hype about Venezuela?
GS
ANSWER: Sure, it’s simply phrases within the wind. The actual story behind the scenes is that permitting Alberta to turn into the 51st State would imply the Democrats would insist that Puerto Rico and Guam turn into states. Regardless of who we take into account, a state will get two senators plus representatives within the Home, relying on inhabitants. This adjustments the political stability, and it is going to be a shit-fight to say the least.
The U.S. Structure doesn’t require a nationwide vote of all current states to confess a brand new one, solely below a selected set of “different states” these whose territory can be immediately affected by the creation of the brand new state.
So there’s much more at challenge than simply oil or sources. Redistricting simply affect the Home. A 51st State impacts the Senate.
