Category Archives: Theory and Ideas

Hugh Hewitt: RNC Should “Exile” Herman Cain, Gary Johnson, and Ron Paul from Future Debates

In reading Doug Mataconis’ recent post about pundits on the Right ignoring the presence of Ron Paul and Gary Johnson in the first presidential debate of the 2012 campaign and my subsequent listening and reading of many of the same pundits who have since mocked Ron Paul for daring to say such things as the war on (some) drugs has been a failure, I am reminded of the famous quote of Mahatma Gandhi: “First they ignore you, then they laugh at you, then they fight you, then you win.”

It seems to me that the anti-liberty forces on the Right aren’t all at the same stage, however. Some want to ignore Ron Paul and Gary Johnson while others simply laugh at them. Conservative radio host and blogger Hugh Hewitt seems to have moved past the ignore and laughing stages and on to the fighting stage. How exactly does Hewitt wish to fight: by silencing what he calls the “marginal” candidates.

This is why the GOP needs to rethink its debate schedule and why the RNC should take over the operation of the debates and exile Cain, Johnson and Paul as well as every other candidate without a prayer of winning. (Santorum is a long shot, but he has a realistic though small chance of winning the nomination, while the others do not.) The seriousness of the fiscal crisis requires the GOP and its candidates to act seriously, and allowing marginal candidates to eat up time and distract from the enormous problems facing the country is not serious.

Apparently, it’s not enough for Hugh Hewitt that the Fox News moderators focused most of their serious* questions and attention toward “long shot” Rick Santorum and Tim Pawlenty. No, the very presence of Herman Cain, Ron Paul, and Gary Johnson distract from the “important” issues facing our country.

On electability
Marginal candidate Herman Cain placed second in a Zogby Poll that came out Tuesday, largely due to his performance in the debate that Hewitt says he had no business taking part.

Marginal candidate Rep. Ron Paul has won the CPAC presidential straw poll two years in a row. According to a recent CNN/Opinion Research poll, Paul trails Barack Obama in a head to head race by 7 percentage points while “serious” candidate and Hewitt favorite “Mandate Mitt” Romney trails Obama by 11.

Marginal candidate Gary Johnson, like Herman Cain, doesn’t have the name recognition (until recently maybe for Cain) that some of the top tier candidates have. This reason alone could explain why he hasn’t polled well so far. But as Johnson himself points out, when he ran for Governor of New Mexico in a state that votes 2-1 Democrat he didn’t have the name recognition either. He was told back then that could never win but Johnson got the last laugh when he beat the incumbent governor by 10 percentage points.

Cain, Paul, and Johnson may be long shots but I wouldn’t go as far to say they “don’t have a prayer” of winning the nomination. One advantage of being a long shot is they can say what they really think about the issues while the “contenders” have to be cautious – which leads me to my next point.

On “marginal candidates eat[ing] up time distract[ing] from the enormous problems facing the country”
Moderators and interviewers can only do so much to get straightforward answers from candidates. The top tier candidates should actually be grateful to have candidates like Cain, Paul, and Johnson in the primaries to challenge them. The eventual nominee will be battle tested for the general campaign since s/he has already had to offer alternative answers to challenging questions about taxation, entitlements, foreign policy, etc.

If Herman Cain says our government should replace the income tax with the Fair Tax, the other candidates have to explain why the income tax should remain in place or offer another alternative. If Ron Paul says that our government needs to stop policing the world and audit the Fed, the other candidates have to explain why our government should continue to police the world and continue to keep the activities of the Fed secret. If Gary Johnson argues that from a cost/benefit approach the war on (some) drugs has yielded much greater cost than benefit, the other candidates have to explain where Johnson is wrong in his analysis.**

Far from being a distraction from the important issues, Cain, Paul, and Johnson can focus the debate in such a way that would be otherwise not possible. Of course this assumes that the debate moderators give all the candidates a chance to respond.
Hewitt made one other point that needs to be challenged:

When the first tier of GOP candidates gather to discuss how to begin to fix the mess we are in, the voters deserve to hear the problems and the solutions fairly and fully talked through, and done without the interruption of the 1%ers with agendas unrelated to defeating President Obama in November, 2012.

Hugh, it’s still very early in this campaign, relax! Part of the reason that some of these candidates are 1%ers is because they lack name recognition (i.e. who are these people?). These 1%ers at least deserve a chance to introduce themselves to primary voters. Even as closely as I follow politics, there are quite a few names I’ve heard recently attached to individuals I know nothing about. Honestly, I know very little about the GOP field overall – at least those who didn’t run in 2008. I’m quite sure I am not alone.

And yes, the 1%ers probably have agendas besides defeating President Obama in 2012. If you want to be honest though, this is probably true for all the candidates. The more crowded the field, the more difficult it is for any candidate to win the nomination. A presidential primary is a perfect opportunity to speak about issues one cares about in a larger marketplace of ideas than normally possible. It’s not unusual for the eventual nominee to adopt some of the positions of his primary rivals in the general campaign (so in a sense, one’s issues are as important as winning the nomination…unless it’s only about ego).

But isn’t talking about having an agenda besides beating Obama in the general putting the cart before the horse just a little bit? I’m quite sure that if Cain, Paul, or Johnson actually won the nomination, beating Obama in 2012 would become the primary objective. They each have their own vision for this country.

The truth is, I think, you don’t want Cain, Paul, or Johnson in the debates because you are an establishment guy not because they are 1%ers. You don’t want to see any of these men in the debates because they are a threat to the status quo of the Republican Party (this is probably more true of Paul and Johnson than Cain though Cain would still be an outsider). I don’t believe for a minute that if any of these men became contenders you would suddenly welcome them in the debates.

It’s my hope that the RNC doesn’t take your advice seriously.

The Inflation Won’t Come From The Fed

Everyone knows the Fed is pushing Quantitative Easing. By that, it means that when America is having trouble selling T-bills at advantageous interest rates, the Fed prints up some money to keep demand. It buys the bonds with newly-printed money. The recent run was $600B or so, and the Fed’s current balance sheet holds about $2.7T in assets (that they can choose to hold as long as they find prudent — since they print the money to keep them and/or roll them over).

But what if I told you that there was another $11T of outstanding US dollars* out there in the world, and that everyone except the US has a say in whether they are circulated. In fact, that those dollars are sitting on foreign soil is a very good thing for the US and has been for decades, but it’s not assured it will last forever. As I said WAAAY back in 2007:

As I’ve pointed out in the past, the dollar’s status as a reserve currency has largely allowed America to inflate with very little visible burden on our own citizens. We create worthless money, use it to buy durable goods from other countries, and watch as they hold that money or reinvest it in the sinkhole that are Treasury bonds. It’s a credit card on the world, and we can print whatever we need to pay it off…

…as long as they don’t wise up. If they do, suddenly that money might come back to us, and we’ll feel the results of the inflation we’ve engaged upon.

Inflation benefits those who see the money first — in this case, Americans who used that money to buy durable goods from overseas, some maybe even using roboforex, if you want to learn more about it check out this roboforex review. It has the least benefit for those who see the money last. To date, that has been forex reserves, sovereign wealth funds, etc. If forex trading interests you, it might be a good idea to consider checking out websites similar to Learn To Trade to learn more about how to trade for yourself. But should those foreign nations decide they no longer want to hold US dollars, they’ll spend them right back into circulation — and they’ll eventually want us to sell them goods in exchange for those dollars. If you are a Forex trader, looking for forex indicators to help you make important trading decisions, go to forexracer.com.

If that happens, the inflation comes full circle and we feel it right here at home — without the Fed ever releasing the $2.7T they have on their balance sheet.

We’ve spent the last four decades, ever since Nixon “closed the gold window”, sending dollars abroad to other nations who stick them under their mattresses. This has been the persistent trade deficit we’ve held. Sure, some of those dollars came back to be lent to our own government to finance even MORE spending that didn’t come from the American people, but much of them quite literally got shoved under the mattress.

What happens if they want to spend those dollars? Well, dollar-denominated assets and goods produced in the US will rise in price. Oil, gold, silver, food (produced in the US), etc. Look at gold, for example: In the last year, gold has increased in dollar terms by over 32%, but by less than 8% in Swiss francs. USD vs other currencies show similar (but smaller) gaps. What can explain this? Well, if nothing else, that big buyers like China and India are using their dollar surplus, rather than their reserves in other currencies, to buy gold.

Where’s the endgame if this dollar-spending widens? Well, eventually those dollars are sold to people who don’t want to buy goods from China or US T-Bills: they want to buy US exports or US assets. That sounds good, of course; everyone likes exports! But is it good? Restate it this way: a durable good (i.e. product of American workers’ output) needs to be produced to leave our shores, and it increases the circulating money supply in the USA. The good we produce here is enjoyed elsewhere, while the increased money supply makes our own goods at home more expensive.

We change from trading our paper for other nations’ hard work to trading our hard work for our own paper back.

The endgame is the end of trade deficits, where we work harder as a nation to supply the rest of the world with goods in exchange for a lower standard of living here. That doesn’t sound good to me at all.

America has enjoyed a very privileged position in the world, and that position has only been possible from two things: other nations have trusted us and they’ve had no other options. The first is eroding to the point where they’re looking for the second. If we want to continue enjoying our position in the world, we need to convince the rest of the world that holding the US Dollar as a reserve currency benefits them — and neither trillion Dollar deficits as far as the eye can see or quantitative easing accomplish that.

When the inflation comes, it’s not going to be the Fed printing money — it’s going to be other nations sending us the money printed over four decades and expecting to buy something with it.
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Donald Trump: Corporatist Bully

I do not like Donald Trump. I don’t dislike him because of his wealth; he probably earned most of his wealth honestly. Some dislike Trump because he is a self promoter. I don’t dislike Trump for this reason either. Many successful individuals are great at self promotion and developing a successful brand (a very good attribute to have to have a successful political campaign).

No, the reason I really dislike Donald Trump – even putting aside his becoming the new face of the Birther movement in recent weeks, his support of the auto bailouts, raising taxes, his anti-free trade proposal that would place a 25% tariff on all Chinese products, and his support for single payer universal healthcare – is quite simply that he is a corporatist bully.

For those who don’t quite understand the difference between a capitalist and a corporatist, I highly encourage you to read Brad’s post “Mercantilism, Fascism, Corporatism — And Capitalism.” This distinction is an important one. Donald Trump is the poster child for what many on the Left as a greedy capitalist; a caricature of everything that is wrong with capitalism as preached by the Ralph Naders and Michael Moores of the world.

But those of us who know better know that Donald Trump isn’t a capitalist at all but a corporatist. Trump doesn’t try to work within a framework of a free market as a true capitalist would, but like far too many businessmen, he uses his wealth and influence to encourage the government to work on his behalf to his advantage (and at the expense of anyone else who would dare get in his way).

In the early 1990’s, an elderly widow by the name of Vera Coking was in the way. Coking’s home that she had lived in for 30 years was on a plot of land that the Donald coveted. The Donald wanted the property so he could add a limousine parking area to one of his Atlantic City casinos. When Coking turned down his $1 million offer to buy the property, the Donald decided to enlist the help of his goons on the New Jersey Casino Reinvestment Authority. In 1994, these government thugs filed a lawsuit to take Coking’s property for $251,000 and gave her 90 days to leave her property (if she were to stay beyond the 90 days, men in uniforms with guns would forcibly remove her from her home).

Fortunately, Coking’s case gained enough media publicity to gain the attention and help of The Institute for Justice (think a more libertarian ACLU with a focus on property rights). With the IJ’s help, Coking was able to keep her property. In 1998, a judge made a decision that turned out to be final finding that the Donald’s limousine parking area was not a “public use.”

John Stossel confronted the Donald about his failed attempts to take the widow’s home away; he reprinted this exchange in his book Give Me A Break on pages 152 and 153:

Donald Trump: Do you want to live in a city where you can’t build roads or highways or have access to hospitals? Condemnation is a necessary evil.

John Stossel: But we’re not talking about a hospital. This is a building a rich guy finds ugly.

Donald Trump: You’re talking about at the tip of this city, lies a little group of terrible, terrible tenements – just terrible stuff, tenement housing.

John Stossel: So what!

Donald Trump: So what?…Atlantic City does a lot less business, and senior citizens get a lot less money and a lot less taxes and a lot less this and that.

Earlier in the book (page 25) Stossel gives his impressions of this confrontational interview:

Donald Trump was offended when I called him a bully for trying to force an old lady out of her house to make more room for his Atlantic City casino. After the interview, the producer stayed behind to pack up our equipment. Trump came back into the room, puffed himself up, and started blustering, “Nobody talks to me that way!”

Well, someone should.

Had this case taken place after Kelo, the Donald may well have prevailed. In the wake of the Kelo decision, Neil Cavuto interviewed the Donald on Fox News (7/19/05) to get his reaction.

Trump:

I happen to agree with [the Kelo decision] 100 percent, not that I would want to use it. But the fact is, if you have a person living in an area that’s not even necessarily a good area, and government, whether it’s local or whatever, government wants to build a tremendous economic development, where a lot of people are going to be put to work and make area that’s not good into a good area, and move the person that’s living there into a better place — now, I know it might not be their choice — but move the person to a better place and yet create thousands upon thousands of jobs and beautification and lots of other things, I think it happens to be good.

Donald Trump is not one who respects property rights (other than his own). “Tremendous economic development” and “jobs” are great reasons to employ the full police power of government to take away someone’s property in the Donald’s world view.

I shudder to think of what a Donald Trump presidency would look like. Imagine the Donald with control of our CIA and our military. The Donald doesn’t have any problem using force to get what the Donald wants.

Now consider President Trump with a vacancy on the U.S. Supreme Court. What sort of Justice would he appoint? Most likely one who would view Kelo quite favorably.

This bully, Donald Trump is the guy who is polling second place in some early Republican primary polls? Wake the hell up Republicans!

Preference Voting — Darling Of The LP, But Does It Work?

Anyone who’s read my work here over the years will have realized that I’m not very interested in political horse races. It’s not to say that I don’t think there is some importance to them (as several contributors here do pay close attention), but that others can cover that stuff far better than I can, and at the end of the day it interests me not at all.

What does interest me is structures and incentives. I don’t think we’ll be able to make a meaningful change in the direction of this country unless we find a way to get the Republican/Democrat “Beast with Two Asses” to relinquish control and have actual diversity in Congress.

The structure of our government is such that it naturally trends towards a two-party system. The centrism of the American populace aligns those two parties into a nominal one-party system, standing a few steps for and a few steps aft of the mast of the Big Government yacht, but all riding in the exact same direction. Anyone who would dare rock the boat is purged.

So how do we fix this? Well, one option is replacing “first past the post” voting with ranked balloting. The sad truth of standard plurality elections in a dominant two-party system is that voting for a third party is a vote against your preferred of the two candidates. If you want the LP to win but could live with the Republican, voting Libertarian makes it more, not less, likely a Democrat will be elected instead. In ranked voting, you rank your acceptable candidates by preference, so ranking your LP candidate first and the Republican candidate second allows your second vote to stand should the Libertarian lose.

The question is — would it make a difference? The answer, unfortunately, is likely no:

But instead, the version being offered in Britain will allow voters to write in a first preference, and leave all others blank: the professor calls this practice “plumping.”

This is very significant, Mr Bogdanor argues, and he has the data to back this up. He notes that the stated purpose of AV is to avoid the anomaly by which a candidate can win a constituency on a minority of the vote.

However, he explains, it is not correct to say that AV ensures every MP is elected by a majority. In the Australian states of Queensland and New South Wales, “plumping” is allowed in elections to state legislatures. And where it is allowed, it is very common. He records:

The greater the degree of plumping, the more an alternative vote election turns into a first past the post election…In Queensland, in 2009, where the Labor Party advised its supporters to “Just Vote 1”, to give Labor their first preference and not to give a preference to any other candidate, around 63% of voters plumped. Even where a party does offer advice, that advice may be ignored. In Queensland, the Greens advised that second preferences be given to Labor, but 46% of Green voters decided to plump

There are many arguments for and against AV. Many will be rehearsed here over the next few weeks (you lucky people). But for now, consider this possibility: by avoiding a dreadful form of AV (one which would make the use of all preferences obligatory), British backers of AV may have chosen a system that amounts to a gussied-up form of FPTP with added complexity and aggravation.

In a system built to be dominated by two parties at the Congressional level (not at the district level), we don’t have a system requiring multiple minority parties to work together to “create a government”. That’s more of a parliamentary system with proportional representation. Nor do we, as Americans enamored with representative democracy, seem to want that — we want to elect AN individual to represent OUR OWN interests in Washington [not that this actually happens, of course].

So it’s quite likely that Republicans and Democrats will each put their own party and zero other candidates on a ranked ballot. Those of us outside the two main parties will put our third-party preference and our second choice on a ranked ballot. And at the end of the day, you’ll end up with a Congress filled with the same Republicans and Democrats we started with. In the few cases where a minority party candidate is elected (say, for example, where a popular main-party candidate is skewered in the primary and goes third-party), it may make it easier to end up in office, but still isn’t a major change to the system.

I’m a fan of changing structure, and I see the allure of preference voting. In fact, I think preference voting is a worthy change. But I think that preference voting, in and of itself, would have effectively zero impact on the American political landscape. For it to be important, it would have to be paired with other structural changes that would improve the likelihood that minority parties would end up with a seat at the table. Like most things with the $3.5T Leviathan, it’ll take more than preference voting to make a real difference.

Last Call to Meet Our $500 Goal/Life After Exoneration

Disclaimer: The views expressed here at The Liberty Papers either by the post authors or views found in the comments section do not necessarily reflect the views of The Innocence Project nor its affiliates.

In support of our fundraising efforts for The Innocence Project, I had tried to dedicate at least one post per week over the last four weeks to the cause of criminal justice reform – many of which are the very reforms The Innocence Project are working to bring about. With today being the last day of this fundraising campaign, 228 “Innocence Partners” combined efforts has raised nearly $15,000 of the $20,000 target. As of this writing, you readers have already donated $375 – 75% of our $500 goal! Thanks to everyone who has donated so far or plans to donate. Remember: your donations are 100% tax deductible.

Believe it or not, in the time we joined this campaign nearly a month ago to help The Innocence Project, 2 individuals have been exonerated as a direct result of The Innocence Project’s help!

In case you are wondering what $20,000 can accomplish (the overall campaign’s goal), this is how far The Innocence Project says the money can go:

• Pay for post-conviction DNA testing that may prove innocence for 4 clients.

• Provide 16 exonerees with basic needs including food, rent, and transportation for the first month after release.

• Cover the costs to send 20 exonerees to testify before state legislatures to reform the criminal justice system.

• Send 25 local advocates to an Innocence Project training to learn how to advance wrongful conviction reforms in their state.

• Allow a staff attorney to represent 5 clients.

• Enable staff to advocate for wrongful conviction reforms in 6 states.

In this series of posts, I covered some of the reforms and issues The Innocence Project has been trying to bring to light such as compensation for the wrongfully convicted, eyewitness misidentification, and false confessions. Rather than doing a rush job writing a final piece for the series, I encourage everyone to follow this link for the Frontline episode entitled “Burden of Innocence” (I couldn’t find a nifty player to embed the episode into this post but you can watch the episode in its entirety there). This episode deals with life after these individuals have been exonerated and their struggles to reenter and rejoin free society. It seems that there is much work that needs to be done here as well.

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