Einstein is credited with saying that insanity is doing the samething over and over and expecting different results. Americans have demonstrated their insanity for at least the last 100 years. We keep electing either Republicans or Democrats to run our Federal government and we keep getting the same results. Both political parties are statist in their nature so how can we expect to get different results. There have been boom periods under Republican leadership (think Ronald Reagan) and there have been booms under Democrat leadership Think Bill Clinton); but under both there was growth of the central government for which we latter suffered the consequences. We are stuck in a two political party paradigm and I’m wondering is it time to break that paradigm?
Do I think America is ready to elect a third party president? No, I don’t. But I am thinking that in four or five years we might be ready. I think Americans are going to need a more serious shock than they received in 2008 before they will finally be ready to consider something completely different, something completely radical, something as radical as returning to the constitutional form of government envisioned by our Founders. Yes, today that would be considered radical.
The shock that could set the stage for a major paradigm shift in America is on the way. I’m talking, of course, of the European credit bubble which could deflate at any moment . In spite of what we here from the political elite and the central banks, the European credit bubble will deflate and, in my opinion, it will happen within the four or five years that I refered to in the above paragraph. If I were a betting man, I would say it is going to happen within the next two years. And here’s the thing. Which ever party holds the presidency when the shock wave hits, will get the blame. That’s just the way it is. So, what I am saying is this. Even if the Republicans win big in 2012 and even if they institute some changes that have beneficial effects for the economy, when the shock wave hits all of that will be wiped out and the Republicans will get the blame.
So, what will the American voters do? They will be looking for another option. The memory, in my opinion, of the Obama years will still be fresh in their minds so they will not really want to go the Democrat party route. But, what other option will they have? I can see the hands up and waving of all my Libertarian friends. Yes, you do have an established third party and maybe this will be your time or maybe not. It is possible that just because the Libertarian Party has been around in the shadows for a long time will be reason for the voters to paint Libertarians with the same brush as they do the Republicans and the Democrats. In other words, the Libertarians aren’t new and the American voter will be looking for something “new”.
The Libertarians have one strong argument in favor of them being the vessel for a serious third-party movement. It takes a lot of time and money to set-up a nation-wide party. But, would constitutional conservatives be willing to over look their differences with libertarian thought and join forces under the Libertarian banner?
Another option would be for the Tea Party movement to reconsider their vow not to become a political party. Or, maybe, in spite of the cost and time, the Tea party movement and the Libertarians should consider coming together and forming a new political party with a new name all together.Or, we can accept that insanity is here to stay.
Well, that’s what I’m thinking. What are your thoughts?