31–40 of 115 posts
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The thing about democracy is, even if the people make a bad choice it's still democracy
"The thing about democracy is, even if the people abuse their power it's still okay" - well, not much different from a non-violent dictatorship then.
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Political parties have no legal authority to expel a member from Congress. Parties are voluntary private organizations with no formal role in any branch of government. The most the parties can really do to punish a politician is to withdraw financial and organizational support, which might make reelection difficult.
Both the House and the Senate make their own rules, and that includes the ability to unseat a member. If they really wanted to, they could (but they won’t).
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That would be ideal but in reality these party members raised money for the party so.. they’re in 0 trouble as far as their party is concerned. The system is a farting contest that enables this behavior. Solution would be to do away with the 2 party system and make parties more responsible with consequences as being completely voted out if corruption isn’t handled. Now both Reps and Dems are corrupted and they known…
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A teeny tiny government with 1 person in it can still mess with investments on a global scale all the same if they are allowed to do so. It 'fixes' nothing.
The size and scope of a government is not what makes bad performers perform badly. It's bad people combined with bad policies. How bad is a different topic (there is no absolute 'badness', but there are definitely differences).
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Their parties should kick them out and replace them with more principled people.
The thing about democracy is, even if the people make a bad choice it's still democracy
"7. If you are given a choice, you believe you have acted freely.
[...]
When I cut the cards, I let you glimpse a few different faces. You conclude the deck contains 52 different cards (No. 1—Pattern recognition). You think you’ve made a choice, just as when you choose between two candidates preselected by entrenched political parties (No. 7—Choice is not freedom)."
It may still be democracy, but the task of the people isn't to pick the best or most desirable policy/candidate/etc. It's to pick from the presented selections. If all choices are bad, nothing good will come of it no matter what you call it. Add an option for "None of the above/Do-over" and I'll have more faith in democracy.
In March . And not FTX specifically, but crypto in general. So, as d1str0 said, yes, very inflamatory (and misleading) headline.
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Both the House and the Senate make their own rules, and that includes the ability to unseat a member. If they really wanted to, they could (but they won’t).
Huh, I’m surprised one party who controlled the House or Senate never decided to just kick out all their opponents, if they are legally allowed to.
The eight congressmen: Tom Emmer (R-MN) Warren Davidson (R-OH) Byron Donalds (R-FL) Ted Budd (R-NC) Josh Gottheimer (D-NJ) Jake Auchincloss (D-MA) Ritchie Torres (D-NY) Darren Soto (D-FL) The signed letter: https://emmer.house.gov/_cache/files/0/c/0c7fc863-7916-4b19-...
Why do they keep telling us bipartisanship is dead?
The letter in this article was written in March. FTX's long-term fraud has only been known since early November.
There are politicians and media publications protecting Sam Bankman-Fried's criminality, but these congressmen aren't among them. The letter in this article was written in March. FTX's long-term fraud has only been known since early November.
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That would be ideal but in reality these party members raised money for the party so.. they’re in 0 trouble as far as their party is concerned. The system is a farting contest that enables this behavior. Solution would be to do away with the 2 party system and make parties more responsible with consequences as being completely voted out if corruption isn’t handled. Now both Reps and Dems are corrupted and they known…
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In a situation where massive fraud was committed by a corporation because the government inaccurately blocked government oversight, your solution is to decrease the size of the government... presumably meaning the oversight never would have been attempted in the first place.
Crypto is exactly where libertarian advantages should be manifesting - the advocacy of a small government is exactly _more_ situations like FTX.