I am going to keep hammering on this point until candidates, especially Gary Johnson, wake the hell up and start listening not to me, but to what the people are saying:
TALLAHASSEE — A new poll conducted by Public Policy Polling on behalf of Campaign for Fair Settlement, a coalition of grassroots groups, found that 49 percent of independent likely voters in Florida disapprove of the way President Obama has handled the housing crisis.
“The president should heed the message independent voters are sending and show stronger leadership on housing,” said Nish Suvarnakar, the group’s campaign manager. “Obama can help homeowners, his campaign and the overall economy by more aggressively pursuing the banks’ criminal acts and supporting meaningful solutions for underwater homeowners.”
"Nobody committed any crimes" doesn't cut it Gary. Your position on financial frauds is factual bull****, your refusal to address the issue is intentional, and the American people know it.
Romney won't change his views and Obama won't change his -- and on this point their views are essentially identical to yours!
But you, Gary, can be better than either of them. You can and should change your position on this and make it a centerpiece -- and break out from the "common candidate" mold.
I said this back in 2008, I've been saying it since and I'm saying it again for 2012. In '08 I spent a lot of time, effort and money communicating this message to McCain's campaign. He ignored me despite a personal delivery of this message to Governors Ridge and Keating in Washington DC and he lost.
All McCain had to do was stand on a podium in September of 2008 when Lehman filed, or in October as TARP was being debated, and say in a loud and clear voice: If you elect me every one of the people responsible for this will be investigated and if the evidence supports it they will be indicted, prosecuted and if found guilty imprisoned, and we will claw back every nickel of their wealth we are legally able to in an attempt to provide restitution to those who were wronged.
He would have won in a landslide.
Here is an excerpt from the letter I sent and hand-delivered:
Force recognition of the losses by withdrawing artificial lending and price supports on housing, withdraw excess general liquidity and, at the same time, prosecute and (when and if proven guilty) jail those who committed fraud up and down the line, from investment bankers to mortgage brokers to realtors and appraisers to borrowers. This will cause the losses to be concentrated on those who committed the bad acts and force sound lending to take place going forward.
Was any of the position I put forward advocated and done? Nope.
What did I predict at the time?
Finally, I believe that before the election the capital markets may come to the realization contained in this document – that the “bad debt” issue is NOT limited to housing, but in fact is literally everywhere. If that occurs an all-out panic is essentially assured, and we could very easily see an S&P 500 trading under 1,000 before November.
Did it happen?
Yep.
I argue that as a direct consequence of McCain's outrageous and insane refusal to look at and acknowledge these facts we got President Obama.
Read the rest folks. Then, if you want to see Gary Johnson become relevant and actually have a shot at winning, relentlessly get on his ass to make this issue the centerpiece of his campaign.
Let me note that at the time the above letter was sent McCain was leading in the polls and there was no indication at all that the outcome we saw in the House and Senate would occur.
This is an opportunity -- one that was squandered in 2008 by the Republicans and one that we, as Libertarians, are about to squander again. It's a winning issue -- a literal "99%" winning issue.
We don't have to throw it away, and we must not because the worldwide economic mess has not been fixed and it will be revisited upon us.
I'm sure there will be all sorts of name-calling that will come from some of the Libertarians as a consequence of this post. I don't care. This isn't about whether you think I should be "quiet" or "fall in line" as a good little soldier; it's about what I believe the key is to winning hearts, minds, and votes.
Gary Johnson cannot do any of the above if he continues to argue that "nobody committed any crimes" and make apologies for mathematically-bankrupt policies by government, central banks and private banks.
These policies are bankrupt. They're mathematically unsound and have been for 30 years. We cannot continue down this road. Gary Johnson has a number of good ideas in the economic realm -- including submitting a balanced budget -- but we had better be prepared to hold people to account and mitigate the economic contraction that will come from this act, or the middle class and below in this nation will be destroyed, and with that comes the risk that our political system and form of government may be destroyed.
Math just is and the longer the stupidity is continued the worse the ultimate economic damage that must be absorbed will become. I will further make this prediction now: On the path we are on now we will have another economic and market dislocation before the election -- your choice, Mr. Johnson, is to either be in front of this issue and collect the votes that will be yours for having done so, or to cede all relevance by continuing to focus on divisive social issues while ignoring the screwing that our government has applied to the American population.

Discuss The Capital Markets along with daily technical analysis with our Gold Donor program.
Where We Are, Where We're Heading (2013) - The annual 2013 Ticker
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.
The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
Looking for "The Best of Market Ticker"? Check out Ticker Classics.
Visit the forum to discuss this and other investing-related topics; see the FAQ on the forum for information about Gold Donor status including access to our technical analysis video server.
Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.
Market Ticker content may be reproduced or excerpted online provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media.
Submissions may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.
Leads on stories of current economic and political interest are always welcome. Our fax tip line is 850-897-9364; please include contact information with your transmission.
| Comments....... |
User: Not logged on
|
| Login | Register | Top | Blog Top | Blog Topics | FAQ |
| User Info | WAKE UP Gary Johnson! in forum [Market-Ticker] | |||
|
Firefly76 Posts: 49 Incept: 2011-08-09
Houston TX
|
So he changes his tune and gets in office. Then goes right back to what he really is a plant or puppet or whatever you want to call him. Now the being in the Libertarian Party and winning would open more eyes but he is far from being a true one.
2012-05-17 11:30:08
Permalink | |||
|
Aethor Posts: 126 Incept: 2011-11-15
|
It's irrelevant whether he gains the votes and wins, or loses the votes and loses. Whoever wins will simply execute the policy of the powers that be (banksters and their ilk).
For all I know, he might be there simply to improve on the quality of the illusion that there are choices, that elections mean something. It's also irrelevant what he (or any candidate) promises, since as soon as he wins, he will be doing whatever those that fund him tell him, regardless of what he promised. As long as every candidate depends on donations and media exposure, those that control money and influence will decide who wins - since anyone who doesn't do their bidding will get neither the money nor the media time. (And in fact, both the money and the media will be used against him) The system is broken. You cannot hope to achieve anything using that system. At best, blogs can educate more people as to what is actually going on, and for that purpose, your blog is excellent. But an actual change, through the system? No. It has been corrupted too far and for too long. Possibly since inception, but in any case for too long. It's like hoping that a 90% rotten apple, since it has a small piece that's still not rotten, can again become healthy, from that piece. It never ever happens that way in nature.
2012-05-17 11:55:42
Permalink | |||
|
Winstonsmith2009 Posts: 1060 Incept: 2009-08-05
|
With the market consistently doing what you pointed out the other day as being the same thing it did in 2008, up slightly in the AM then downhill all day, combined with many of the potential triggers for the next worldwide crash acting much more like they're about to erupt, many sleepers like Gary Johnson (and J6P) may be awakening soon.
And, Aethor, I'm 100% in agreement with you. There's far too high a percentage of ignorant (willfully or otherwise) voters bathed daily in half-truths and outright lies and propaganda who as a result don't demand that politicians promise the correct things during their campaigns and then actually follow through if elected. Change DOES come from working within the system, but it comes very, very slowly over periods of many years. We no longer have a lot of time, so any change seen through the system will be woefully inadequate to stop a pending crash. And after that crash is when major changes CAN occur, although the opportunities for proper change lost after the 2008 crash don't inspire confidence. Last modified:
2012-05-17 21:20:30 by winstonsmith2009
Reason: Added comment to Aethor
2012-05-17 21:10:55
Permalink | |||
| Login | Register | Top | Blog Top | Blog Topics | FAQ |


