Just Because It's Trending Doesn't Mean It's True
Trendolizer Picks

Trendolizer Pick: Texas Prepares for Secession From The Union?

  • by: Alan Duke
  • (Tue, 07 Jul 2015 17:51:19 Z)

This is one of the hottest stories on U.S. social networks, but remember the Lead Stories' motto: Just because it's trending doesn't mean it's true!

Yes, it is true that Texas Gov. Greg Abbott signed a bill last month ordering the state comptroller to create a depository to hold the $1 billion of gold bullion owned by the University of Texas. It will be moved from vaults in New York. Gov. Abbott tweeted on June 12, 2015: "Texas is taking its gold back from New York."

Three weeks later, a "breaking" story story by ConservativeTribune.com suggests it was "a move by Texas toward eventual secession from the United States." It quotes economist Edwin Truman, a senior fellow at the Washington-based Peterson Institute for International Economics: "Just moving it (the gold) would be pretty expensive and, unless Texas is anticipating withdrawing from the Union, which I suspect is some peoples' want, I don't see what advantage it is."

But Texas legislators supported the measure to save the $106 annual storage fee for each of the 5,610 bars now stored in New York, not in opposition to "the moves of the left-leaning, ideologically driven management of the federal government by President Obama," as the story says.

The report comes just days ahead of the U.S. military's Operation Jade Helm 15, a training exercise in southwestern states that some Texans have warned is a prelude to Obama's "invasion" of Texas to take citizen's guns and Bibles.

Read: Countdown To U.S. Invasion Of Texas -- Or Not

Lead Stories' Trendolizer is constantly scouring social nets worldwide to find the hottest trending content about Texas and its politics. Scroll down to see what we've found, but remember: Just because it's trending, doesn't mean it's true!

About the author:

Editor-in-Chief Alan Duke co-founded Lead Stories after ending a 26-year career with CNN, where he mainly covered entertainment, current affairs and politics. Duke closely covered domestic terrorism cases for CNN, including the Oklahoma City federal building bombing, the UNABOMBER and search for Southeast bomber Eric Robert Rudolph. CNN moved Duke to Los Angeles in 2009 to cover the entertainment beat. Duke also co-hosted a daily podcast with former HLN host Nancy Grace, "Crime Stories with Nancy Grace" and hosted the podcast series "Stan Lee's World: His Real Life Battle with Heroes & Villains." You'll also see Duke in many news documentaries, including on the Reelz channel, CNN and HLN.

Read more about or contact Alan Duke
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