End of Democracy

democracy-allPolitics is about the present. What is good for tomorrow or what should be remembered from the past is not considered. History for most Americans begins at the date of their last suffering.  Citizens who have not suffered, have no grasp of history at all.  For all but a few, Mid East History begins on September 11, 2001. For Republicans, financial history begins the day Obama took office. For Democrats, history begins when George Bush Jr. took office.

For a very few others of history starts with artifacts and ancient writings and extends to the present. I am not surprise that very few remember the financial crisis of 2008 or place any importance on it.  In the fall of 2008, I discovered that the democratic principles on which the United States was founded were being discarded. The TARP bill was not popular. The public was against it something like 100 to 1. The bill passed over the loud objections of constituents across the country. The consent of the governed was not required. The appearance was that democracy had died. It had died and it is still dead.

Today everything possible is done to make sure the president is chosen by the elite instead of by the will of the people. The media manages public opinion as much as possible. Large campaign donors insist that they pick the candidates and that voters choose among the selection the elite offer them. The most important aspect of the 2016 election is actually not who ends up getting elected.  More important, is the degree the will of voters is usurped.

By the time the election is over, our whole style of government may be a thing of the past. Voters not only lack the power to control government, they lack the will to do so. Both parties have spent countless hours circumventing the democratic process.

When a president is elected, that person begins serving only those who helped get him elected. The population is fairly used to that outcome. The loss of democracy and any chance at self government is a far more serious issue than who becomes president for a maximum of eight years.

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.

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