Lustful Foolishness Does Not Mix With Principles
The Market Ticker ® - Commentary on The Capital Markets
Posted 2012-04-08 16:14
by Karl Denninger
in Politics
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Lustful Foolishness Does Not Mix With Principles
 

Libertarians seem to have an aversion to logic, just as do the two mainstream parties.

But this time the party is about to squander an opportunity that comes about just once in a generation.

The Libertarian National Party is set to "coronate" Gary Johnson at its Las Vegas National Convention in just a few short weeks.  Having clearly been preferred in the straw polls, it is an effective certainty that he will obtain the 50% + 1 necessary on the first round of balloting, and thus be the Presidential Nominee.

If the party does so it is making a critical error.

The usual argument for Johnson is one he has parroted and in fact manufactured himself: If he can get to 15% in the national polls, he will then be allowed into the national Presidential debates, and if he pulls 5% in the national election the Libertarian Party will then qualify for federal election funding in the next cycle.

This, he assures us, he can do.

Those representations are based on what, exactly?

The Republican Straw Polls results never showed him with a material number of votes of any sort.  In fact, he's not even in the table of most tabulators, although Ron Paul, Herman Cain, Michele Bachmann, Mitt Romney (of course) and Rick Perry all are.  Incidentally Rick Perry never managed to exceed 15% (he got close in mid 2011) -- and he was the laggard.  Johnson's numbers at that time were off the bottom of the scale.

So exactly who is going to vote for him?  And how does he reach that mythical 15%, when the only polling organization that has included him has shown a 2% drop in his numbers from 9 to 7% over the last two polls?

Incidentally, a drop from 9% to 7% is a 23% decrease -- that's a big number and it's going the wrong way

There are those who will say "but it's better than 5% and that's all that matters!" and you might be right -- if that translates into votes in November.  Then again the very same argument was made for Bob Barr in 2008, and guess what -- he got 0.5%.

Further, despite the crooning press releases from Johnson he intentionally omits the following from the actual people who ran those polls in the very announcement of the results:

I doubt Johnson will really get anywhere close to 7% in the general

I doubt it too. I expect him to pull closer to 1% and far short of any hope at federal matching funds.  In support of this belief I cite a previous poll by the same organization that put Comedy Central's Stephen Colbert ahead of Johnson -- he pulled 13% in a three-way race!  Johnson doesn't mention that a comedian beat him nearly 2:1, as that might cause people to wonder exactly how bad of a joke his claims really are.

Bob Barr happened to us just four years ago, and on a clean evaluation of both Bob Barr's and Governor Johnson's resumes Bob Barr wins in a landslide.  It didn't matter as Barr was no Libertarian and he didn't hold to principle. If he had he could have come out against TARP and for jailing all the jackals that got us into this mess -- remember that the election was literally less than a month after all that crap hit the fan -- and he would have easily reached 5% in the polls. 

We would have our federal funding -- right here, right now -- but we nominated the wrong guy in 2008.  Barr didn't actually believe in Libertarian principles, he didn't advocate for them in the campaign even given a clean, unguarded shot at the goal, and he got less than 1% of the vote as a consequence.

Are we so stupid as to do the same thing again?

It appears so and come election day in 2012 we'll once again be scraping along the bottom with well under 5% of the vote and probably less than 1%.

In truth, however, it doesn't matter.

Why?

Because if Libertarians refuse to stand on principles as a party then we stand for nothing. We're nothing more than what we're derisively called by so many: Republicans who like to smoke pot.

And the worst part of it is that we don't even have the balls to smoke that pot on the courthouse steps in defiance of a law that's unjust and dare the Sheriff to arrest us en-masse. We instead snivel in the closet like a 15 year old kid who's afraid of his old man's belt and then we steal another $20 from our Dad to go buy another bag when the stash runs dry.

When you sell your soul to the Devil even if you get what you want you still go to Hell.  But the Devil doesn't play fair and he doesn't keep his word.  Libertarians won't win with Johnson and we won't get those funds, but even if we did it wouldn't matter as we'd lose the soul of the party in the process.

In short if Johnson was to get that magical 15% in the polls or 5% in the national contest The Libertarian Party would no longer be the Libertarian Party as it is currently defined and thus the "victory" would be false and hollow.

We're supposed to be the party of principle.

The only party of principle.

What principle?  Simple: The initiation of force is wrong. 

Libertarians are in fact required to take an oath that says "I do not believe in the initiation of force to achieve political or social goals."

I signed that oath.  Further, as an elected county party official I was required to and did take a notarized oath that I met the qualifications for office.

We're the only political party that requires an oath on the subject of exactly where the delineation of government and citizen lies.

Libertarians are, in fact, the only party of principle.

The people of this nation are tired of politicians who speak out of both sides of their mouths.  They're tired of political parties and candidates who lie to them.  This isn't just true of Americans -- a recent poll in the UK says that 62% of the people believe politicians "lie all the time" -- literally.

If we cede our founding principles as Libertarians we've ceded the only thing we've got that makes us different, better and more-worthy.  We cede that and we're just another cheap third party with no money, no influence and no voice.

We're in fact exactly the same as the other guys -- we'll sell our mothers out and let them be evicted from their homes, have 600,000 Jefferson County Alabama residents get screwed out of 400% higher sewer bills forever on the back of greenmail, bribery and scam and what's worse it's not even the first time around for this crap.  In the 1990s the same schemes were run in the Internet space -- I was there as a CEO of such a company and both saw and documented them -- this time it's happened in the housing and derivative markets and screwed virtually every American blind.

Libertarians have a golden opportunity to seize on that injustice and wring the political necks of those who enabled and conspired in it.  A shot that comes around once in a generation and is handed to us -- a scam that is so pervasive and hurt so many that electoral anger opens an opportunity we couldn't buy with a billion dollars. 

We blew that opportunity in 2008 and now we're poised to do it again, simply because we're addicted to false hopes and beauty contests instead of what our Founding Fathers spent their time on -- principles, core beliefs, unalienable rights and the rule of law.

All we have to do is run a candidate who promises that he will not sleep until all the fraudsters in the financial system that perpetrated the greatest scam ever run on the American people are indicted, prosecuted and if found guilty go to prison with their personal fortunes clawed back to pay fines and restitution to the screwed, and his attorney general will focus his attention like a laser beam on exactly that.  A candidate that promises that in addition he will not sign any bills until the bank-led counterfeiting through bogus credit issuance that resulted in the destruction of American jobs, savings, retirements and futures is stopped by legislation that crosses his desk.

In short, we just have to run a candidate who actually took the Libertarian Oath of non-initiation of force seriously and believes that it is something greater than used toilet paper.

What is our answer to this challenge as a party?

We're going to flush it all down the toilet a second time sequentially in favor of a pretty face and promises from Judas Iscariot - the same Judas who whined about how "unfair" it was that he was rejected by the Republicans.  This is the same man who now claims those very Republicans who wanted nothing to do with him -- to the point that he couldn't even beat Rick Perry in the straw polls -- will magically vote for him in November!

Balderdash.

Let's not forget that in addition to proclaiming that "nobody committed any crimes" Johnson didn't bother telling anyone he came into the Libertarian camp with roughly $200,000 in debt and started trying to fund-raise from Libertarians.  Gee, were those people donating to Johnson's Libertarian run or helping him pay off his failed Republican campaign?  It's right in the FEC filings -- was he forthright and honest with the Libertarian party and donors since his "conversion" about this or did he remain silent until a handful of people, myself included, started raising hell about it?  Incidentally as of 2/29 the FEC says he's still $181,335 in the hole against $11,463 in cash.  How many of those who gave Johnson money in 2012 after he "converted" knew he was nearly $200 large in the hole at the time?  Did he tell those donors before they wrote the checks and should we be paying off a run for a different political party with our "contributions" instead of funding the advocacy of an alleged candidate in the party we belong to?

If the Libertarian National Party wants to coronate a guy who thinks there's nothing wrong with any of this it is free to do so.  Tell us why we should sell out our party, sell out our foundational principle and sell our soul by supporting a guy who has been soliciting money while deeply in debt for a campaign that wasn't intended to advance Libertarian principles, never mind the fact that he refuses to see the frauds perpetrated on the public for what they are and call them out, leaving him as just a pretty face that doesn't hold a word of the Libertarian's core beliefs as sacred.

This will mark the second sequential time Libertarians have acted foolishly at their National Convention.  As someone who was intending to attend as a delegate I must at present publicly decline, as there is no point or purpose in the expenditure of significant personal funds on a futile gesture nor do I believe that "TANSTAAFL" ("There ain't no such thing as a free [convention|lunch]") monies paid in the form of a floor fee should go to the National Party given the self-destructive act it is about to undertake.

I will not intentionally contribute one nickel toward this act of idiocy and I regret sending in my annual membership dues to the National Party.  Simply put they do not, at present, deserve my support.

The road to Hell always looks grand and comes with promise of great riches and power, but it never seems to work out that way.  One day perhaps the Libertarian National Party will see that the narrow road is much more difficult, that running candidates that actually speak to Libertarian principles without fear or favor and promise to enact them is worthy, and that calling fraud what it is -- the initiation of force and thus insufferable when allowed and enabled by government -- is how the national party finds its footing and becomes relevant in the national political debate.

You're welcome to sell your soul and your belief in the Libertarian oath if you wish.

But it is in fact immaterial whether Johnson's expected results prove up or not, although I fully expect Libertarians will be deeply disappointed (again) come November 7th -- my political soul is not for sale on a cheap date with a pretty face and a great smile.

When it comes down to it I can't vote for a person that has an "L" after their name but doesn't actually believe in the Libertarian oath. 

If I was willing to do that I'd be a Republican.

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User Info Lustful Foolishness Does Not Mix With Principles in forum [Market-Ticker]
Winstonsmith2009
Posts: 1061
Incept: 2009-08-05

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I'd bet this is what is going to happen in Nov. 2012:

1. The evangelicals don't like Romney the Mormon.
2. Many more Repubs don't like his "liberal" record.
3. Many more don't like his rich kid, silver spooned background.
4. Many more don't like his constantly changing positions on many topics.
5. There is enough discontent among Repubs and independents to get more defections than usual into the Libertarian camp this time, losing even more votes for Romney.
6. There is no real "liberal" contender against Obama. For instance, Ralph Nader isn't running this time.
7. Obama is reelected.

If Ron Paul would defect to the LP camp after his Repub non-nomination, that would really make things interesting. He's not running for Congress again, so _why not_ defect?

Need to add - Obama is reelected IF the economy doesn't crash before the election. If it does, he'll be far more likely to lose the election.

Reason: Added caveat
Genesis
Posts: 131401
Incept: 2007-06-26
Admin A True American Patriot!
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He can't defect, as the Lib convention is in MAY, before the Republican one.

By the time the Republican convention comes around the door is slammed closed on him for the Libertarian side.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?

Johnny
Posts: 1605
Incept: 2008-10-01
Silver
Kentucky
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I can't believe the Libertarian Presidental campaign strategy is to get enough votes to get a government handout...

How the hell did that happen?!?!
Ghopper
Posts: 2317
Incept: 2011-06-11

Staten Island, NY
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Quote:
"Need to add - Obama is reelected IF the economy doesn't crash before the election. If it does, he'll be far more likely to lose the election."


He is already reelected. Even the worst case scenario would just cancel the elections.
If a Republican had done all that Obama has done, we would already have major violence in the streets because that is how the left reacts.

It's OK if one of them (the left) takes their rights away.
Custodialmoney
Posts: 396
Incept: 2009-09-19
Green
The 'invisible hand' is in your pocket.
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These people do not wish to win the reelection. It is more important that they vote for the platform which caused them to join the party, evidently its all about pot.

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And on the pedestal these words appear: "My name is Ozymandias, king of kings: Look on my works, ye Mighty, and despair!"
Nothing beside remains. Round the decay / Of that colossal wreck, boundless and bare / The lone and level sands stretch far away. -- Percy Bysshe Shelley
Anti
Posts: 4370
Incept: 2007-10-09
Green
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I went to the Libertarian debate in Fort Worth yesterday and was sorry to hear Bill Still say he would not be going to the LV convention as Johnson was the presumptive nominee. Listening to the six guys, I wouldn't have picked Johnson as the crowd favorite.

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Over the past 60 years, thousands of people have used the Gerson Therapy to recover from so-called “incurable” diseases such as cancer, diabetes, heart disease and arthritis.

Jwm_in_sb
Posts: 1096
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California Desert
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A massive vote of no confidence is what is needed. something the media can't easily cover up.
Mannfm11
Posts: 3606
Incept: 2009-02-28
Gold
DFW, Tx
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A true libertarian wouldn't take matching funds. A libertarian is a million miles from the statist Republican, whose original part in government was to centralize power in DC. A 19th century Democrat is closer to a libertarian than any Republican at any time.

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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Blattdorf
Posts: 20
Incept: 2011-03-06

Warsaw
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How the hell is Johnson getting away with the Libertarian Party footing the bill for his previous campaign? Did they ever run a background check on the guy?
Genesis
Posts: 131401
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Anyone can run for office Blatt. And you can solicit people for money if you're running for office.

The data is public (the FEC requires you file with them and they release it) but people have to give a **** and actually look.

----------
I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Winstonsmith2009
Posts: 1061
Incept: 2009-08-05

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"He can't defect, as the Lib convention is in MAY, before the Republican one."

That's unfortunate for if he were to go LP, they'd probably get more votes than at any time in their history which would attract some free publicity even from the mainstream media. He should defect now. It's not like the few delegates he has can be used to significantly affect Repub policy. And, actually, he'd be giving them a much harsher lesson if he cost them the election which I think he would. Play the spoiler angle. It's not like there's going to be major changes if a Repub were elected anyway. Still the two-tiered "justice" system and rampant crony "capitalism" no matter who is elected from the two mainstream parties. Better to get maximum benefit for the LP even though there is, as always, no chance of an LP victory.

Back when I still chose to participate in this farce, I believed that you sent pols a message by voting your principles, letting them know they can't count on you in the "lesser of two evils" BS voting game. However, all they do is pay more lip service to issues while still being elected due to the large majority of willfully ignorant and/or mis/uninformed voters brought to the polls by the guns, gays, and god _garbage_.

And to think that as one of my additional duties in the last USAF unit I was in prior to my retirement I was the Unit Voting Assistance Officer, something that got me a special kudo for excellence in one of our Operational Readiness Inspections. Makes me chuckle...

Reason: Added snark comment
Genesis
Posts: 131401
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Admin A True American Patriot!
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Ron Paul could have chosen to run on the Libertarian Ticket a year ago. He wouldn't then and he won't now, but that's not stopping the crooners from claiming that we'll get all "his" voters in the General for Johnson.

No we won't. That claim was made last time around too after Paul lost the nominating fight and we didn't get any of them.

We won't this time either.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Winstonsmith2009
Posts: 1061
Incept: 2009-08-05

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I'm not a "Paulite" (I totally disagree with the Utopian "all regulation is bad" stance that too many LPers take, a gold standard is not the answer as fiat currency along with a central bank CAN work, etc.) so I don't really care. But I think that he has gotten a lot more attention this go around and would cause enough defections from those who have finally woken up to one of the LP truisms that I believe is correct - there's not a dime's worth of difference between the two major parties. They're both oligarchy-vetted due to lucrative pol buying opportunities presented by our broken, big-money-dependent campaign show. So, lets end the lesser of two evils crap they'd correctly think.

Many or most of the OWS folks are disillusioned Obama voters who bought into his "hope and change" shtick only to recognize the farce after he was in power. I would hope that they'd be ready to vote third party, too, although I think most would definitely not vote for Ron Paul. Ralph Nader, probably, if he was running. I really liked what I heard from him in this interview by Judge Napolitano. Very LPish without the "all regulation is bad" and "gold standard" BS:

http://www.c-spanvideo.org/program/29384....

Reason: Added OWS stuff
Billy_ray_v
Posts: 1042
Incept: 2010-10-08

east of the rockies
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Someone tell me again why there is a DN convention if no democrat is
running against the messiah (that I have heard of).

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When a country allows itself to be coerced,it has to suffer
the consequences.
Irishblues
Posts: 317
Incept: 2010-12-18
Gold
Wisconsin
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I've thought for a while that it's going to take a brand new party to enact change and be a really viable 3rd party challenger; the LP's love-in with Johnson despite his never being part of the party and still not really embracing the party's ideals just reinforces that belief. Maybe it's the Federationists, maybe it's an "American Party" that picks up the essential Libertarian / Federationist ideals [and this time without the co-oping from outside interests], but I struggle to see how the LP becomes the 3rd party challenger when it continually shoots itself if the foot like this.
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