Best of the Week
Most Popular
1. Ray Dalio: This Debt Cycle Will End Soon - John_Mauldin
2.Stock Market Dow Plunge Following Fake US - China Trade War Truce - Nadeem_Walayat
3.UK House Prices 2019 No Deal BrExit 30% Crash Warning! - Nadeem_Walayat
4.What the Oil Short-sellers and OPEC Don’t Know about Peak Shale - Andrew_Butter
5.Stock Market Crashed While the Yield Curve Inverted - Troy_Bombardia
6.More Late-cycle Signs for the Stock Market and What’s Next - Troy_Bombardia
7.US Economy Will Deteriorate Over Next Half Year. What this Means for Stocks - Troy_Bombardia
8.TICK TOCK, Counting Down to the Next Recession - James_Quinn
9.How Theresa May Put Britain on the Path Towards BrExit Civil War - Nadeem_Walayat
10.This Is the End of Trump’s Economic Sugar High - Patrick_Watson
Last 7 days
Bitcoin Price Wavers - 15th Jan 19
History Shows That “Disruptor Stocks” Will Make You the Most Money in a Bear Market - 15th Jan 19
What Will the Stock Market Do Around Earnings Season - 15th Jan 19
2018-2019 Pop Goes The Debt Bubble - 15th Jan 19
Are Global Stock Markets About To Rally 10 Percent? - 15th Jan 19
Here's something to make you money in 2019 - 15th Jan 19
Theresa May to Lose by Over 200 Votes as Remain MP's Plot Subverting Brexit - 15th Jan 19
Europe is Burning - 14th Jan 19
S&P 500 Bounces Off 2,600, Downward Reversal? - 14th Jan 19
Gold A Rally or a Bull Market? - 14th Jan 19
Gold Stocks, Dollar and Oil Cycle Moves to Profit from in 2019 - 14th Jan 19
How To Profit From The Death Of Las Vegas - 14th Jan 19
Real Reason for Land Rover Crisis is Poor Quality of Build - 14th Jan 19
Stock Market Looking Toppy! - 13th Jan 19
Liquidity, Money Supply, and Insolvency - 13th Jan 19
Top Ten Trends Lead to Gold Price - 13th Jan 19
Silver: A Long Term Perspective - 13th Jan 19
Trump's Impeachment? Watch the Stock Market - 12th Jan 19
Big Silver Move Foreshadowed as Industrial Panic Looms - 12th Jan 19
Gold GDXJ Upside Bests GDX - 12th Jan 19
Devastating Investment Losses Are Coming: What Is Your Advisor Doing About It? - 12th Jan 19
Things to do Before Choosing the Right Credit Card - 12th Jan 19
Japanese Yen Outlook In 2019 - 11th Jan 19
Yield curve suggests that US Recession is near: Trading Setups - 11th Jan 19
How Unrealistic Return Assumptions Are Ruining Your Stocks Portfolio - 10th Jan 19
What’s Next for the US Dollar, Gold, Stocks & Bonds? - 10th Jan 19
America's New Africa Strategy - 10th Jan 19
Gold Mine Production by Country - 10th Jan 19
Gold, Stocks and the Flattening Yield Curve - 10th Jan 19
Silver Price Trend Forecast Target for 2019 - 10th Jan 19
Silver Price Trend Forecast 2019 - 9th Jan 19
Did Strong December Payrolls Push Gold Prices Up? - 8th Jan 19
How to Spot A Tradable Stock Market Top? - 8th Jan 19
Why 90% of Traders Lose - 8th Jan 19
Breadth is Very Strong While Stocks are Surging. What’s Next for Stocks - 8th Jan 19
Half of Investment-Grade Bonds Are Just One Step from Junk Status - 7th Jan 19
Stocks Rallied Again, Still Just an Upward Correction? - 7th Jan 19
Gold Golden Long-Term Opportunity - 7th Jan 19

Market Oracle FREE Newsletter

Bitcoin Analysis and Trend Forecast 2019

Why Voting in the U.S. Election is a COMPLETE WASTE OF TIME...

ElectionOracle / US Presidential Election Nov 02, 2008 - 02:05 PM GMT

By: Clive_Maund

ElectionOracle The United States likes to portray itself as the bastion of freedom and champion of democracy, but if this were really true then there would be at least 6 or 8 different parties to choose from at election time, and given that it is now a country of over 300 million people a choice of at least 10 different parties would be more appropriate, but instead there are just two. Why is this? The reason comes down to the "concentration of power" issue that we addressed in an earlier article with respect to corporate America and the systematic disenfranchisement of its population.


The reality is that the two remaining political parties, the Democratic and Republican parties are in fact one, and the only reason that the ultimate step is never taken and the parties merged is that with one party to vote for and an election being completely superfluous, even Joe Sixpack would realize that he is living in a dictatership. So the 2 remaining parties continue to dumbbell around each other for ever, maintaining the thinnest facade of democracy, and controlling the country for their elitist masters via their duopoly of power.

The plutocratic elites who control the United States and both the Democratic and Republican parties also have complete control over the media, whose job it is to maintain the illusion of democracy, especially during the farcical circus of the election campaign. They do this by playing up contrived and trivial differences between the parties and by playing up personalities who the voting public can identify with, a recent example of this crude but effective approach being the Alaskan hockey mom Sarah Palin suddenly being thrust forward into the limelight, and intended to provide a counterpoint to the sagging old man who would be President, John McCain. At a time of life when he should be content to sit in a rocking chair on his front porch, and dead head the roses and perhaps give occasional advice to troubled young people, McCain intends to try to run a country of 300 million people.

He looks like one long haul flight would finish him off. Although Obama would seem to be the better choice for President, on account of his youthful energy, generally positive dynamic attitude and eloquent use of English, the sad fact is that he is in the pockets of his plutocratic masters just as McCain is and must end up doing their bidding - if he wasn't his funding would have dried up and he would have been run into a ditch long ago. So with both parties and both candidates completely compromised and representing the same vested interests, it is clear that voting will accomplish absolutely nothing and change nothing - it is a complete and utter waste of time.

The entire election campaign is a charade whose real purpose is to continue the elites' stranglehold on power, whilst at the same time maintaining the illusion that the US is a free and fair society, but otherwise it is a total waste of time and energy. The lack of any substantive difference between the parties is worth making clear at this juncture, because it means that it is largely irrelevant to the markets who wins the election, and it is the purpose of this article to point this out.

It is always good to end an essentially gloomy article on a positive note. Whoever wins the election and becomes the next President has got to be an improvement on the crass and imbecilic George W Bush, who only got the job through extreme corruption and graft. If nothing else, election day does provide a chance to socialize and may even present the opportunity for single readers to find a partner. The following chat up lines are tentatively suggested...

Male voter in line to female voter: "You do realize this is a complete waste of time don't you? - we won't change anything..."

Female voter: "Well, yes, but what the heck..."

Male voter: "Might I suggest that we go back to my place and try something a lot more meaningful"...

Feedback would be welcome from readers who try this chat up line whilst at the polling station, even - and especially - if you end up getting kicked shins and/or a black eye. As long-time readers know I am always ready to adjust my thinking...

By Clive Maund
CliveMaund.com

For billing & subscription questions: subscriptions@clivemaund.com

© 2008 Clive Maund - The above represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maunds opinions are his own, and are not a recommendation or an offer to buy or sell securities. No responsibility can be accepted for losses that may result as a consequence of trading on the basis of this analysis.

Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications.

Clive Maund Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules