Today's Real Debt Crisis
How Would A Coalition Government Handle This
The “fix” is in; no not the legislation necessary to correct the inherent problems we created over the last 15+ years. Nope, this “fix” keeps kicking the can down the road and in my opinion, was planned. As a matter of fact I’ve been able to secure copies of texts between Biden and McCarthy over the last couple hours. You’d think the parties would be talking around the clock but remember, Biden doesn’t work nights.
McCarthy: Hey Joe, we have a problem here. Lots of my team is defecting.
Biden: Who’s this?
McCarthy: It’s me Joe, the Speaker of the House. We had lunch yesterday.
Biden: Where’s Nancy; what happened to Nancy? Oh yeah, that’s right she retired. I wish I could retire, at least officially that is; maybe do a little painting with Hunter at the beach house.
McCarthy: Joe, pull it together man; we’re going to need at least 40+ votes from your side of the aisle. I told you this was going to happen remember; they’re not going to support this bill; it’s so bad they think you wrote it.
Biden: I haven’t read or written anything for years; I just read and say what I’m told to but you’re right, despite our public criticism, there’s more than 40+ votes that will be there tonight to get this out of the House. That was the plan, right?
McCarthy: Thanks Joe, I knew we could count on you; it’s just like the good “old days” Joe, isn’t it?
Biden: Don’t say old; it ain’t like I’m Feinstein; she’s back now, isn’t she?
Howard Beale was right . . . once again.
I’m not a Republican and definitely not a Democrat; if anything I align best with most of the Libertarian policies. The Libertarian Party is a political party that advocates for a minimal government role in both personal and economic matters. While there may be variations among individual members, the party generally adheres to a set of core beliefs and principles. Here are some key policies supported by the Libertarian Party:
Individual Liberty: Libertarians emphasize the importance of individual freedom and personal autonomy. Most believe that individuals should have the right to live their lives as they choose, as long as they don’t infringe upon the rights of others. I like and agree with that; treat everyone the way you want to be treated especially when it comes to the enforcement of our laws and statutes.
Civil Liberties: Libertarians strongly advocate civil liberties, including freedom of speech, freedom of religion, freedom of association, and privacy rights. They often criticize government surveillance programs and excessive law enforcement powers. Aldous Huxley and George Orwell tried to warn us. Eric Snowden, tried to show us first hand what was happening. Did we learn anything from them?
Limited Government: Libertarians advocate for a government with “restricted powers” and a focus on protecting individual rights. They argue for reducing the size and scope of government in order to minimize interference in personal and economic affairs. Given what the “swamp” has delivered over time, insert “term limits” into this policy and my sense is that everyone would become a Libertarian.
Free Markets: Libertarians support free-market capitalism, viewing it as the most efficient and fair system for promoting prosperity. Libertarians generally oppose governmental regulations and interventions in the economy, favoring voluntary transactions and competition. As Adam Smith said, “individual ambition serves the common good”.
Non-Interventionist Foreign Policy: Libertarians support a non-interventionist approach to foreign policy, sorry Volodymyr Zelenskyy. They do advocate for the “defense of the nation” against aggression but oppose most unnecessary military interventions and nation-building efforts. Today we basically have an open spigot supporting a cause that should be someone else’s problem. We didn’t learn much from our last 50+ years of war from Vietnam to Afghanistan. Hell, we didn’t even know how to withdraw in Afghanistan; how are we going to do that in Ukraine?
Non-Aggression Principle: Libertarians adhere to non-aggression principles, which asserts that the initiation of force or coercion is inherently wrong. They believe that force should only be used in self-defense against such aggression. On January 17, 1961, Dwight D. Eisenhower ended his presidential term by warning the nation about the increasing power of the military-industrial complex. He was right and we prove it over and over again, don’t we?
Personal Responsibility: Libertarians emphasize personal responsibility and self-ownership. They believe individuals are free to make their own choices, to take responsibility for the consequences, and not rely on government intervention or welfare programs. Seems like we’re in a political state where just the opposite is not only happening; it’s growing. It’s time for a change isn’t it?
These are general principles; individual libertarians may have differing perspectives on specific issues. The Libertarian Party's main goal is to promote individual liberty and limited government through political action and policy advocacy. It’s time we give them a real look; are you listening Tucker?
I’ve read most of the contents of the bill that’s currently being circulated in Congress. If there was a Libertarian bend it wouldn’t have a chance let alone even to have come up for a vote. Seems to me McCarthy is going to need many Democratic votes, you know the ones that are screaming about everything they’re giving up to get this bill passed. The addition of the West Virginia to Virginia gas pipeline is in the bill for one reason, to garner a yes vote from Manchin. Eisenhower’s spinning in his grave proven by our esteemed Senator Graham’s reaction to not spending enough to produce the war tools necessary to maintain our position in the world; enough to destroy it three times over. A true third party, representing what a growing majority of our population is looking for, would give weight to what’s good for everyone, not just one side of the equation or the other.
It’s time for the United States to be represented by a multiple party coalition. Multiple party coalitions work in a many political systems worldwide for several reasons:
Representation of Diverse Views: In a multi-party coalition, different parties with varying ideologies and policy priorities can come together. This allows for a more comprehensive representation of the diverse range of views and interests in any society. It ensures that a broader spectrum of perspectives is considered in the decision-making process. Sounds like a good idea to me but for some reason we have depended on radical factions within our two-party system to just “throw a wrench” into our legislative process.
Power-Sharing and Consensus-Building: Coalitions often require parties to negotiate and find common ground on key issues, how novel. This encourages dialogue, compromise, and consensus-building among all parties. By involving multiple parties in decision-making, the resulting policies may be more inclusive and reflective of the interests of different segments of society. Instead we “throw a bone” to the radical factions to get them to agree, each and every time spending more money that we don’t have. Will we ever learn?
Minority Representation: Coalition governments can provide opportunities for smaller or minority parties to participate in decision-making. This is particularly important in systems where certain groups or regions are or claim to be grossly underrepresented. Coalition arrangements can give a voice to these parties and promote greater inclusivity and representation. Maybe our “extreme factions” of both political parties should form their own parties then be forced to form actual coalitions with others instead of just pretending they are separate.
Stability and Governance: In some political systems, few single parties hold an outright majority of seats in the “legislature”. That makes it necessary to form a coalition government to achieve stability and to ensure effective governance. By working together, parties can pool their resources and expertise, making it easier to pass legislation and implement policies. Sounds like a plan; let’s give it a try.
Accountability and Checks on Power: A multi-party coalition serves as a system of checks and balances within the government. The presence of multiple parties can promote accountability by preventing one party from having excessive power or dominating the decision-making process. Actual cooperation and consensus in situations of this nature mitigates the real risk of authoritarianism or the abuse of power. Isn’t this what we’re witnessing with the politicalization of the U.S. justice Department, the FBI, IRS, CIA and who knows who else?
Policy Flexibility: Coalition governments require compromise and negotiation to reach agreement on policy objectives. This process produces more flexible of an approach to governance; parties must find common ground and adapt their policy proposals to accommodate the interests of other coalition partners. Flexibility can lead to more nuanced and balanced policy outcomes. It’s time; come on Tucker, it is time for you to practice what you preach. Throw your hat in the ring, make your own “real life” version of “Succession”. You’re going to win your legal case against Fox and the Murdoch family; everyone does.
While multi-party coalitions have advantages, they can also face challenges such as internal disagreements, policy conflicts, and difficulties in maintaining the cohesions necessary to govern. Effective communication, trust-building, and shared objectives are crucial for the success of such coalitions. It’s time we give this different form of government a chance, don’t you think?
When it comes to being a Libertarian, there’s one thing, one issue that should be on their agenda; planning, putting together a budget and more importantly abiding by it. In reality that should be the priority with what is transpiring in the “swamp” over the next couple days. The Treasury is about to rake in billions of dollars starting June 15th so what’s the rush. Certainly there’s a few government employees who can wait to get paid; you know the ones who have been working at home for the last couple years, the ones who spend more time playing video games than anything else. Maybe Yellen can write a couple IOUs to a few of Biden’s cronies or better yet, take his 10% share of the “bounty” and let them keep it. There has to be a better way than just putting another $4.0 trillion into an already inflation rampant, flooded monetary system. Janet, you are broke; go figure out a way to make ends meet just like the majority of Americans you represent need to do daily due to the policies you have supported..
Hope you enjoyed this post. My viewpoints aren’t always going to be about investing or trading. Quite often I’ll take a position I relate to, tie it to what’s currently on plates we’re eating off of and hopefully get you to think outside-the-box. Not everyone will agree with me; that’s OK, it’s not expected and you don’t have to. It’s a “free country”; I just want to keep it that way.
I’m just a young 68 years old; my Dad became a broker when I was 13. It’s time for me to ‘give back’ to all of you what’s in my head. It’s not always pretty but it’s based on history . . . and history, unchecked, repeats itself as you are witnessing. Perhaps it’s time to change how we decide to run this country; remember, that choice is yours; let’s make some history.
Everyone learns at their own pace. If you pick everything up the first time through, great but if not email me at david@thetickeredu.com so we can further help. Again, let me know what you want to learn, I’m all ears.
Woodie Guthrie was right, “This Land Is Your Land”. If there’s something you think needs to be changed, change it and vote. As proven by how the “swamp” has handled our most recent debt crisis it’s obvious, the 2024 election will be the most important of your lives. Take the time to align yourself with what you believe is best for yourself and your country and vote.
great article DZ agree with this 100%