Ted Cruz Drops Out, Securing GOP Nomination for Donald Trump. Sad!

TrumpTed Cruz abandoned his bid for the GOP presidential nomination in the wake of his primary loss in Indiana, all but guaranteeing that reality TV star Donald Trump will square off against Hillary Clinton in November. 

Cruz told supporters in Indiana that he was staying in the race as long as there was still a chance he could be the nominee. That was no longer a remote possibility, he said. 

“Tonight I am sorry to say it appears that path has been foreclosed,” said Cruz. “We are suspending our campaign.” 

Cruz vowed to continue fighting for liberty, America, the Constitution—all that good stuff—in his remarks. He did not endorse Trump—he didn’t even mention him—and he declined to throw his support behind John Kasich, who is technically still in the race but has no chance of winning it. 

“The pundits all said it was hopeless,” said Cruz, referring to his ultimately doomed campaign. 

Cruz also warned Americans not to succumb to “a tyranny of political correctness,” or “creeping socialism.” 

Meanwhile, Bill O’Reilly has already begun selecting President Trump’s Cabinet for him: Rudy Giuliani for Secretary of Homeland Security, Chris Christie for Attorney General, and Ben Carson for Secretary of Health and Human Services. If that frightens you, keep in mind that the other 2016 option, Clinton, brags about censoring filmmakers who criticize her and organized the disastrous 2011 Libya intervention. 

Indeed, the all-but-certain Democratic candidate is as hawkish as the all-but-certain Republican candidate is anti-trade. This seems like a worst-of-both-worlds outcome. While Cruz was far from a libertarian on most issues, it can be argued that he at least understands the language of libertarians—particularly on civil liberties—and was bad in the same ways as previous Republican candidates. And Bernie Sanders, despite his avowedly socialist domestic policies, is a supporter of a refreshingly restrained foreign policy.

In (mild) contrast, there’s almost nothing for a libertarian to like about a President Clinton or President Trump (unless you trust Trump’s foreign policy—though you shouldn’t). 

If conservatives are serious about sticking to their #NeverTrump guns, they might consider giving this Gary Johnson fellow a chance. Or just not voting. There is no obligation to choose between the lesser of two evils. 

At the same time, while it’s certainly true that the government has far too much power—and that corrupt former First Ladies and megalomaniacal reality TV stars will grab as much of it as they can—not all aspects of life are dependent upon politics. Go be a free person, and keep at it, no matter who wins the White House come November.

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Bernie Sanders Wins Indiana Democratic Primary, But Little Else

Feel the Bern

Vermont Sen. Bernie Sanders is the winner of the Indiana primary. With 63 percent of precincts reporting, Sanders leads former Secretary of State Hillary Clinton by 6 percentage points, according to MSNBC.

Delegates will be awarded proportionally, so Clinton will continue her slow but increasingly likely march to the Democratic nomination for president. Clinton barely campaigned in Indiana, while Sanders staged multiple rallies in the state as recently as yesterday. 

Citing Clinton’s need for superdelegates to put her over the top, Sanders has vowed to continue his campaign all the way to July’s Democratic National Convention in Philadelphia, much to the chagrin of Camp Clinton. 

According to an average of current polling, Hillary Clinton would be the second most unpopular major party candidate ever — even higher than 2004-era George W. Bush — with over 35 percent of Americans holding an unfavorable view of her.

Clinton is bested in her unpopularity by only one person: Donald Trump.

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Ron Paul: “Our Economic System Is Designed To Fail”

Submitted Op-Ed via RT.com,

The current economic system is designed to fail, but so was socialism. That’s according to former GOP Congressman Ron Paul, who told RT’s Boom Bust show that we need to go toward a system of property ownership, voluntary contracts and individual liberty, while getting rid of central banks.

Ron Paul begins at 14:35…

A new Harvard University poll shows that 51 per cent of young adults aged 18-29 oppose capitalism in its current form.

RT: Do you think this poll is just politics, or do you agree that there is something wrong with the US economic system as it operates today?

Ron Paul: I think the problem is all in semantics. When they say they oppose today’s capitalism, I oppose today’s so-called capitalism. I don’t even like the world “capitalism,” I like “free markets.” But if you say “free markets” and “capitalism” together, we don’t have that. We have interventionism. We have a planned economy, we have a welfare state, we have inflationism, we have central economic planning  by a central bank, we have a belief in deficit financing. It is so far removed from free-market capitalism that it’s foolish for people to label it free market and capitalize on this and say: “We know it’s so bad. What we need is socialism.” That is a problem.

That is a problem in definitions and understanding of what kind of policies we have. I am a champion of free markets, but not of the current system that we have today. I am highly critical of it, because it is designed to fail. It is designed to reward the rich; it is designed inevitably to destroy the middle class, and also to finance some of the worst things in government: all the deficits with the welfare state and for the warfare state. So yes, it’s failing. People should reject what we have, but they shouldn’t reject liberty and freedom and sound economic policies, because that is not the problem. The problem is we don’t have enough free markets.

RT: In the same poll it is said that Senator Bernie Sanders, a self-described democratic socialist, has been the most popular candidate for America’s 18-29 year olds. Despite the fact that he is now losing steam, as we’ve seen on the campaign trail, what does it really say to you about what’s driving this voting pattern?

RP: He’s tapped into something, something that I’ve talked about for years and tapped into when I was a candidate. And that is to describe the frustrations, the evil, and the nonsense of what we have. The problem with Bernie and myself is that he sees it quite differently. He thinks that it’s too much freedom and too much capitalism. And I see it as too much government; it’s too much of interventionist planned economy, which leans itself to fascism. But the young people might not understand the economics and what free markets are really all about, and they don’t understand central banking. And Bernie doesn’t understand that we have to get rid of central planning – from the Central Bank – if we want to help these people.

The current economic system is designed to fail, but so was socialism. What we need to go toward is property ownership, voluntary contracts and individual liberty in getting rid of the central bank.

But yes, I am not a bit surprised – it is a good sign that they are upset and they ought to be. What I have in mind is to show them the difference between what we have and what we should have. And believe me, it is not going toward this ancient tradition of government and socialism. We’ve tested socialism. Socialism has been a complete failure. That is what the 20th century was all about, whether it was a fascist system in Germany, or the Soviet system of communism – this all has been a failure. So you don’t want to go toward socialism, you have to go toward property ownership, volunteer contracts and individual liberty in getting rid of the central bank. Then you might talk about a real alternative. But the young people have a justification; they are justified in detesting what we have, because it has served the rich and has really hurt the poor and the middle class.

RT: Some would argue that the data does signal a generational shift is under way here, in which more young people are receptive to bigger government, rather than smaller government right now. And the issues that young people care at this moment are low wages, jobs, student debt, income inequality, etc. You would probably argue that libertarianism can still best tackle those problems. How so?

RP: I don’t think the young people would. They might be sucked into believing that the government can give them a temporary benefit by raising a wage, but they just need a better understanding. But they are not for the big government when it comes to their personal liberties, their sexual habits, the civil liberties that they like. They like their privacy. So I don’t think they are looking for bigger government. The young people that I talked to – they are not looking for a bigger government and more militarism; they are not championing the person that wants to spend a lot more money on military and rebuild the military – that’s all big government. 

But yes, they are tempted because of this lack of understanding to go along with bigger government, when it comes to trying to have a better economic system. This is a result of a hundred years of teaching our young people that government is necessary to redistribute wealth. And they do – they redistribute wealth –  the more they try, the more the wealthy get wealthier. It redistributes it upward, and it ruins the middle class. That is what they have to understand. But they’re onto something and they should be justified in looking at this. But, as a group of people, the millennials are not looking for more government. Only in that economic sphere are they tempted to look at this. There are many others who declare themselves libertarians. They want less government in their lives and they want more privacy and they want [fewer] wars.

RT: When you ran for president four years ago, you had a message that resonated with young people. Your comments that fixing the economy should start with fixing foreign policy were very popular. Do those voters still exist and where did they go?

RP: I think a lot of them are sitting on their hands and rightfully so. How could they pick somebody that would champion those same views? But some who are just loosely connected, not well-informed and get led into believing that we have to have a super military force to rule the world, and police the world, and be occupying these countries – yes, they get tempted to go along with this. But the true believer in a free society – they are not champing at the bit to champion the cause of any of these candidates right now…

RT: Some of those voters might have gone over to Donald Trump. He is the frontrunner on the GOP side. The economy is still the most important issue for voters, and he has been most vocal about amending NAFTA, reducing taxes, building a wall between the US and Mexico, and so on. What is it really do you think at the end of the day? What is so appealing here to his voters?

RP: He has a personality, he has a megaphone, and he is getting the attention, and you don’t have anybody in particular out there talking about the real economic issues. But he is regressive… he is falling backward. He is going to the dark ages of thinking that he can go into mercantilism, protect natural resources, put on tariffs, and just bash and blame everybody else: The Mexicans, the Chinese. That is going to be devastating to the economy – it has nothing to do with freedom. It has to do with the opposite – it is an exaggeration of economic planning that we already have. So he is going in the wrong direction, just as Bernie is, even if they are both tapping into the disenchantment that… a lot of people have with what is happening.

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EliminaTED: Cruz Drops Out Of Presidential Race

As Politico reports,

Ted Cruz is quitting the presidential race, according to campaign manager Jeff Roe, ending one of the best-organized campaigns of 2016 after a series of stinging defeats left Donald Trump as the only candidate capable of clinching the nomination outright.

 

Cruz had appeared likely to go all the way to the Republican convention, but a string of massive losses in the Northeast, and his subsequent defeat in Indiana, appear to have convinced him there’s no way forward.

Of course, Kasich is sticking with it…

John Kasich, however, pledged on Tuesday night to stay in the race until a candidate reaches 1,237 bound delegates.

And finally…

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The Hire That Could Be The Difference Between A Fed Rate Hike And BoJ Helicopter Money

Back in March, Japan's Global Pension Investment Fund appointed Norihiro Takahashi as its new president. Few paid much attention to it, but it may very well end up being one of the most significant events that occurred as we look back in twelve to eighteen months.

The GPIF manages roughly $1.2 trillion in assets, with over 60% currently allocated domestically between equity and fixed income. Given the state of the stock market and the negative interest rate policy in Japan, it would make sense that an incoming president would take a hard look at the current asset mix policy and adjust it to best suit the needs of its members, something outgoing president Takahiro Mitani has been vocal about in recent years.

Recall that back in 2014 under pressure from Prime Minister Abe to move the fund into riskier assets, Mr. Mitani reluctantly rebalanced its portfolio away from domestic bonds, and into domestic equities, something that clearly did not make him happy. "Our sole objective is not to invest so that the Japanese economy will be better; our job is to invest with the people's money in a safe and efficient manner so we can protect and manage their funds" the Financial Times quoted him as saying.

The policy asset mix change was dramatic, slashing target domestic bond allocation from 60% to 35%, and increasing target domestic stock allocation from 12% to 25%. Also not to be lost in that policy change is the fact that the target allocation to international stocks increased from 12% to 25%.

 

Today, the policy remains intact, with actual allocation percentages within the permissible range.

Which brings us to performance. The fund returned $42 billion in the three months ending December 2015, but in looking at the current state of the Japanese economy with future returns in mind, one would see where it is reasonable to assume that incoming president Takahashi would take a hard look at the current policy asset mix, and perhaps propose a rebalance away from domestic assets and into international – presumably U.S. bonds and equities.

As a result of NIRP, JGB's are now seeing negative yields prevail throughout the entire front end of the curve, and the long end at best will produce perhaps just under 50bps, and that's if the BoJ doesn't continue to push those into negative territory.

 

From the equity side of things, despite the BoJ's best efforts to push stocks up with their ETF purchases, the Nikkei is down double digits, with no real catalyst for improvement in sight.

If outgoing president Mitani had any words of advice to Mr. Takahashi, they were probably along the lines of making sure he does what's right for those pensioners the fund represents, and given the status of the asset classes above, what's right may very well mean another rebalance into international fixed income and equities (presumably U.S. given that nearly everyone else is enacting NIRP at the moment as well). If a move as drastic as the 2014 rebalance is seen during the first 12-18 months of Mr. Takahashi's tenure, it could mean hundreds of billions transferred into international assets, and out of Japan. This could have a significant impact on the investment landscape for everyone involved.

At the end of the day, the GPIF's hire could either make it easier for the Federal Reserve to hike rates (as the market is bid with the rebalanced funds), or it could trigger the use of helicopter money in Japan at the very hint of such a rebalance, something that Kuroda of course says the BoJ "isn't thinking about at all."

Time will tell the answer to this, but one thing is certain, the hire made by the GPIF in March of 2016 could certainly prove to be pivotal.

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Massive Fire Burns At Gateway Town To Alberta’s Oilsands; 30,000 Evacuated

Residents of neighborhoods in the Canadian boomtown of Fort McMurray – considered the gateway to Alberta’s oil sands as the Athabasca oil sands are roughly centered around the town – are under mandatory evacuation as a massive wildfire has jumped across Highway 63 and entered the city limits.  Homes have begun to burn in Fort McMurray as residents flee for safety from a blaze that’s doubled in size within a day.  More than 30,000 people have now been ordered to evacuate Fort McMurray communities.

The fire has already destroyed homes on the outskirts of the municipality. Bernie Schmitte, wildfire manager at Alberta Agriculture and Forestry said that the fire made a “major run” during the night and reached the Athabasca River. All Air Canada and WestJet flights to and from Fort McMurray have been cancelled

“My whole life is burning away,” Jenn Tremblett, who has left for Edmonton, told Metronews. “My home is in Gregoire (Fort McMurray neighbourhood) so it may be gone soon. “My family is trying to get out of town.” Tremblett said the community of Beacon Hill is on fire, after a nearby Shell gas station blew up.

Fire officials have extended the evacuation order to 10 communities in the city, including Beacon Hill, Abasand, Waterways, Draper, Saline Creek, Grayling Terrace, downtown, Thickwood, Wood Buffalo and Dickinsfield.

Kristen Mctavish, who lives in the city’s downtown, was on her way 63 kilometres north to Noralta’s Grey Wolf Lodge, where one camp, among others, has been set up to house evacuees.

“I cried,” Mctavish said. “It’s better now because we’re actually moving somewhere, but traffic is really bad.”

Highway 63 going south has remained closed as the blaze has made it impossible to travel in that direction, according to an Alberta emergency alert.  Many houses in Beacon Hill and Gregoire have burned down, including the homes of Mctavish’s friends.

“Couple of my friends’ homes have burned down, and a lot of people are going north,” she said. “Buildings and businesses caught on fire. The gas station exploded.”

On Tuesday evening, a forestry spokesperson said officials are pulling out crews as it has become prime burning time, adding tomorrow is supposed to be more intense.  Mctavish said she’s a bit worried her home may burn down.

“I live close to the Gregoire and Beacon Hill area,” she said. “I hope it will be under control by then.”

Unseasonably hot temperatures combined with dry conditions have transformed the boreal forest in much of Alberta into a tinder box. The wildfire threat ranging from very high to extreme.

Fire officials had already warned earlier in the day that rising temperatures and low humidity could help the fire grow.

Suncor, CNRL, Cenovus and Shell have all said there is no impact to their oil production facilities as a result of the wildfire.

Cited by Bloomberg, Premier Rachel Notley told reporters that the fires have not affected oil-sanders operations. It remains to be seen if this will be the case as the fire gets bigger with every passing hour.

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It’s About To Get Crazy Again – North Dakota Official Exalts Oil Boom “Is Coming Back With A Rush”

Great News!! As OilJobFinder.com reports, North Dakota's top oil regulator sent out a message the other day to the leaders of Williston: Get Ready. "This is going to come back pretty hard and pretty rapidly," Helms said told members of Williston’s Chamber of Commerce. "And we'll be back running to stay ahead of it." You can smell the desperate hope in his rhetoric…

It’s not a matter of if- it’s about to happen and there’s no stopping it. Oil prices are on the rebound finally. Oil reached its highest level it’s seen in the last 6 months just yesterday. It’s the light at the end of the tunnel we’ve all been waiting for. Get your resumes out, get your work gear out, things are about to get crazy again.

 

With oil prices climbing higher and higher we are about to see the oil patch fire back up. Drilling crews are going to kick it into high gear. Many companies will be entering back into the Bakken looking to make up lost time. Thousands of workers will be needed in every part of the oilfield.

OilJobFinder.com notes that according to Helms he’s projecting Williston will support 40,000 permanent oil jobs. This will  put the towns population over 80,000. Right now estimates are Williston has about 30,000 residents. It’s time to make room for an in-flux of 50,000 workers. We are going to see Williston explode in population growth.

The industry is eager to get back to work. With the recent drop in oil prices things slowed down everywhere. It wasn’t just the oil companies that were hit, it was the domino effect which took a toll on everybody. With the drop in oil prices, oil companies were able to fine tune their production methods in North Dakota. The break even prices for drilling oil in North Dakota has plummeted. The oil companies don’t need oil prices to be very high anymore. They’ve figured out a way around it, just as everybody expected.

 

They fine tuned things to the point that wells are nothing like they once used to be. We’re talking about virtually erasing the initial decline in oil production. The wells they are drilling now are monsters, and the decline rates are dropping more and more with each new well drilled.

Oil companies are also seeing what is known as the halo-effect on wells. Now that there have been a substantial amount of wells put in, companies are starting to reap the rewards of multiple wells in a close spacing. When oil companies come back to an area that was previously drilled and punch a new well the old wells are benefiting from the newly fracked wells. The process is know as the halo-effect. Companies drill a new well, frack it with their new methods that are producing monster wells, wells big enough to make Saudi Arabia turn their heads in fear. The new wells being fracked stimulate the old wells boosting the old wells production numbers.

A factor in North Dakota’s favor is the cost to drill a well in the Bakken has decreased substantially. Helms, who met with several oil company CEO’s in Houston in February, said industry leaders say the Bakken is the No. 1 place they want to invest when the price of West Texas Intermediate oil is at least $60 a barrel. We are literally days away from all this happening. Are you ready to go back to work? Share this with your friends, North Dakota is going to need all the oil and gas workers it can get. Even when the prices were high for a long time, there still wasn’t enough people in North Dakota to handle all the jobs. The North Dakota Job Service reports that there are currently over 15,000 open jobs in the state with more being added everyday.

“I think we need to have in our minds that we’ve used this slow time to catch up on everything because it’s coming back and it’s going to come back with a rush,” Helms said.

The Williston area has been building nonstop to catch up to demand. Hotels have popped up all over the place. Thousands of new homes have been built. There’s still room for more housing and businesses to be built. This could be a great opportunity for somebody that wants to take part in the oil boom but not exactly work in the oilfield. Contractors are needed for every area of development. If you are in construction or run a construction company, you should pack your bags and head to North Dakota. 

Former Williston Mayor Ward Koeser, among those in the audience, said a population of 80,000 was suggested by some developers several years ago as oil development began to ramp up.

 

"That number is in a lot of people’s minds,” Koeser said.

 80,000 residents could even be on the low end when all is said and done. They are talking about building more refineries right in North Dakota. THat alone could create a huge influx of people. The population could very well shoot over 100,000+ people for all we know. Williston is growing fast and it will continue to grow for the next 30 years.

The good thing about the recent slowdown is that Williston will have expanded schools, improved roads, more housing, additional emergency response staff and other infrastructure to support the growth.

“If it happens as fast as he’s saying, I think we’ll be ready for it and it’ll be a great ride,” Koeser said.

 

What could temper the growth, however, is the availability of workers, Helms said.

 

“The economy has recovered in all the places people came from for this last spike,” Helms said. “Will they come back?”

 

Chamber President Scott Meske said Williston and other communities in the region are preparing for the next spike.

 

Ken Callahan, president of the Williston Basin chapter of the American Petroleum Institute, said the community won’t be playing catch-up when activity ramps up again.

 

“The good thing is we’ve already seen it, we’ve already learned from it,” Callahan said.

 

Williston is the main hub for oil activity in the state of North Dakota. Williston sits on the western edge of the state bordering Montana. There are great schools waiting for your kids to enter. Many new retail stores have come to the area. The town is really expanding and can handle all your shopping needs. Gone are the days of having to drive to a bigger town to get your supplies.

 

The town will only see more businesses being built as time goes on. Along with that will come additional housing. New homes will be built for many years to come. Ample opportunity exists for those looking to rent an apartment instead of buying a house. Many many new apartment buildings have went up in Williston and there are plans for many more to come.

 

Williston is also home to an all new rec center called The Williston A.R.C. With state of the art equipment it’s the largest gym in the area. There’s a full size olympic pool, four indoor tennis courts, batting cages, four basketball courts, an indoor track, a full blown inside water park, a golf simulator to keep your game fresh when the weather is bad, and many more great things that will have you coming back for more.

 

It’s about to get crazy again in North Dakota. It’s time to go to work. Get yourself ready and start making plans now. In our next post we will cover a bit more about Williston North Dakota. Share this post with your friends, share it everywhere. The oilfield is back baby!

*  *  *

Of course, having said all that – oil inventories are still at record highs, demand expectations are tumbling once again, E&P companies are defaulting at a record pace, China's teapot refiners starting to slow at the margin, and as is obvious to all, no matter how cheap it is to re-ramp up wells, it will ultimately self-defeating as production increases will merely signal traders to dump the front-end of the curve (as commercials have heged out production further out, unimpressed at the rip off the February lows).

But – don't worry about that – it's time to pile in to Williston again! what could possibly go wrong.

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Is Donald Trump a Threat To the American Way of Life? Or Just the Republican Party?

Let’s cut to the chase: Is the possibility of a President Donald J. Trump really an “extinction-level event” to all that is good and decent about “liberal democracy and constitutional order,” as Andrew Sullivan claims in his widely read debut at New York Magazine? Not even remotely.

Indeed, if anything, the chaos Trump has rained down on the 2016 election may well accelerate the demise of not just current moribund iteration of the GOP but also drive a stake through the heart of a dead-but-still-living Democratic Party. Here’s hoping.

After quoting long passages of Plato’s Republic (which, he informs us helpfully, he “first read” in “graduate school”) and name-checking the truly mediocre Sinclair Lewis’s meditation on U.S.-grown fascism, It Can’t Happen Here, here’s where Sullivan ends up:

Trump is not just a wacky politician of the far right, or a riveting television spectacle, or a Twitter phenom and bizarre working-class hero. He is not just another candidate to be parsed and analyzed by TV pundits in the same breath as all the others. In terms of our liberal democracy and constitutional order, Trump is an extinction-level event. It’s long past time we started treating him as such.

I like and respect Andrew Sullivan tremendously, and I consider him a fellow traveler in a (very) broadly defined libertarian movement (indeed, the Christmas party he mentions attending in his story was at Reason’s DC HQ). Far more importantly, he’s a true pioneer in the world of new media and a thinker who brings an enormous amount of erudition and seriousness to political and cultural discourse (as much as any single individual, he reframed the debate on same-sex couples as one of marriage equality and his anti-drug-war stance nearly makes up for his pro-actual-war stances over the years).

But when it comes to Trump as an existential threat to life, liberty, and the pursuit of happiness, he is not simply wrong, but incredibly wrong.

I say this as someone who is as anti-Trump as his first two ex-wives and Rosie O’Donnell put together. The emergence of Donald Trump as a presidential frontrunner is many, many things and none of them is good. He’s an embarrassment to the Republican Party, which is simply reaping what the anger, resentment, and stupidity it has sown for years. He’s a cause of serious concern for illegal immigrants, especially Mexicans, and all of us who see relatively open borders and free trade as central to any definition of “American exceptionalism” that’s worth a damn. And he is a completely unqualified delusioniac whose grand-mal narcissism and radical inconsistency from one minute to the next is tougher to stomach than (I imagine) a Trump steak. But FFS, he in no serious way poses a threat, much less an “extinction-level” one, to liberal democracy, a society of laws-not-men, or limited government. However bad he might be as president, it’s unfathomable that he would be worse than his two immediate predecessors when it comes to flouting law and convention (this is especially the case since he would face pushback on every front and has no experience with how to govern).

The most important thing to understand about Trump is that he is not the start of anything new but the culmination of a long degenerative process that has been at work for the entirety of the 21st century. He is sterile mule in the end, not a jackass who might have hideous offspring. He is the effect, not the cause, of the ways in which the two major parties have destroyed themselves by refusing to take their own rhetoric or govern seriously. The Republican Party said it stood for small government when virtually every major action it has pursued at least since the 9/11 attacks has yielded the opposite. The Democratic Party, still trying to maintain a disparate collection of special-interest groups that started morphing and changing and expiring by the mid-1960s, lays claim to the mantle of caring about regular Americans even as its last three major presidential candidates (John Kerry, Barack Obama, and Hillary Clinton) long ago achieved escape velocity from caring about anything resembling everyday reality.

And then there is simple fact that politics is less and less engaging to all of us, thank god. Do we need to keep pointing that fewer and fewer of us form our identities, our communities, or our meanings in life via political affiliation? The last time Gallup checked in, just 26 percent of us admitted to being Republicans and just 29 percent to being Democrats, figures that are near and at historic lows for the parties.

Who can blame us? And who can stop us? No one.

Despite serious economic issues (which have been extended and intensified by government interventions when not caused by them in the first place), our lives in the 21st century have been getting better and better thanks to an unstoppable mix of technological innovations, cultural shifts toward pluralism and tolerance, and the decline in all sorts of public and private gatekeeping institutions.

The “libertarian moment” that Matt Welch and I heralded in The Declaration of Independents is real and it continues apace in our personal and commercial lives. If you don’t think so, take a few minutes to recall what your life was life back in, say, 2000 or 2001. At every level of American society back then, people had less stuff and less options for life, even though the things we did have were spectacularly better than what we had in 1990 or 1991. I’m no Dr. Pangloss and I don’t material and social progress for granted; it’s just that I believe eventually Americans route around political obstacles to achieve a more perfect union. Ask Obama about his shifts toward legalizing pot, embracing gay marriage, and pursuing criminal-justice reform if you don’t believe me. He was pulled there by cultural forces that forced his hand politically.

Arguably, the one thing that was indeed better at the start of the 21st century then now was the state of national politics. Due to a set of truly weird, unpredictable, and unrepeatable circumstances, a Democratic president and a Republican Congress that his early incompetence brought to power—unimaginably, at the time—somehow managed to govern semi-competently in a way that didn’t completely piss away the “peace dividend” that came with the end of the Cold War. That said, serious discusson of foreign policy went missing and nothing was done to rein in the old-age entitlement spending that is slowly bleeding the federal budget dry. Even back then the rancor and partisanship of that period was seen as historically high at the time, with Bill Clinton being called a serial murderer by characters such as the Rev. Jerry Falwell and Newt Gingrich, Clinton’s even-darker twin brother by a different mother, was chased from office for all sorts real and imagined crimes against decency. From the indefensible (and politically stupid to boot) impeachment trial to the eventual elevation of the child-molester Dennis Hastert to Speaker of the House, the negative spiral took over and whatever brief moments of patriotic solidarity emerged in the wake of the 9/11 attacks—there was more bipartisan support for the completely unjustified (and Sullivan-approved) invasion of Iraq in 2003 than in 1991!—dissipated fast enough so that by 2004 the parties were once again at each throats.

This is not a small thing, but we too easily forget how each of the national parties completely betrayed its voters in various ways for the past 15-plus years. The century was ushered in under the single-most-contested election in U.S. history, with each party suddenly adopting the other’s philosophy in pursuit of victory. The Republicans called it a federal matter while the Dems wholeheartedly embraced state’s rights (this switcheroo would repeat itself in the Terri Schiavo affair). The deep-seated recognition by voters that each party is uncommitted to anything approaching its core values is what’s driving the 2016 election season. While enjoying complete control of the federal government for years under Bush, the Republican Party didn’t just go war-crazy but spending-crazy, regulation-crazy, and entitlement-crazy.

At the same time, the party’s leadership lied to the people again and again about how it was prosecuting and succeeding in the “global war on terror” and paraded frauds and incompetents such as Dick Cheney and Donald Rumsfeld in front of us as if they were grand statesmen. Even before he left office, Bush had delivered part of Congress to the Democrats, who immediately failed to follow through on their own promises to restrain government spending and act more forthrightly than the GOP had. When given his own super-majority amidst financial panic in 2008, Barack Obama got everything he wanted, from a useless and oversold stimulus to about the only truly major legislative reform bill passed solely by one party since the Civil War (and even then, Obama had to “sweeten” his health-care-reform offerings to the last Democratic holdouts so much that he damn near gave Sen. Ben Nelson sugar diabetes).

We should not forget how awful Obama was in his first two years—the opposite of the blandly inspirational “Hope and Change” candidate—and the sense of disappointment with him and his party eventually gave rise to yet another shift in power (a “shellacking,” Obama dubbed it, but it was really a swift kick in the pants). Like Bush before him, it’s not simply that Obama failed to deliver on campaign promises or rosy scenarios that folks hoped for. It’s that he openly alienated us by lying through his teeth about civil liberties and higher truths. The proprietor of the “most transparent administration ever” wasn’t simply letting his various apparatchiks enter lobbying immediately upon leaving federal service, the guy was running an extra-legal, secret “kill list,” for Christ’s sake, tripling troops in a losing and “dumb war” in Afghanistan, and actually prosecuting journalists under phony espionage charges. On top of it all, he was sending feds to raid medical marijuana dispensaries in California and deporting immigrants by the boatload.

I reprise a condensed version of the 21st-century parade of horribles not simply to wallow once again in the failures of the Bush and Obama years or to suggest a plague on both houses. We’ve been so long accustomed to absolute rancor in politics (at least back to the early 1990s) that we’ve become numb to the fact that both the Republican and Democratic Parties have had chances at governing and have not just done poorly but catastrophically. They refused to ratify budgets, make themselves accountable, and do anything other than bail out Wall Street and car companies and buy votes from this or that group.

That’s the landscape into which Donald Trump emerged, and Hillary Clinton too. These two wedding-party pals in no way represent a new turn in American politics but simply the end of the road for, on the one hand, a party that fielded more than a dozen candidates—including senators, governors, and sons and brothers of presidents!—who had so little to say that they withered under a real estate developer’s sophomoric put-downs. On the Democrat’s side, Clinton was nobody’s first choice in 2008 and still isn’t. Back then, it only took an anonymous senator with no track record to bump her off. This time, the only difference is that her party is so totally lacking in warm bodies that a 74-year-old socialist who still hasn’t processed the collapse of the Soviet Union (much less Chavez’s Venezuela) actually made a former First Lady, U.S. Senator, and Secretary of State sweat out her eventual nomination.

In his New York essay, Sullivan likens Trump to Vladimir Putin, thereby appealing to Trump’s own vanity while revealing an overdeveloped sense of drama:

Tyrants, like mob bosses, know the value of a smile: Precisely because of the fear he’s already generated, you desperately want to believe in his new warmth. It’s part of the good-cop-bad-cop routine that will be familiar to anyone who has studied the presidency of Vladimir Putin.

But in fact, unlike Putin (or Bush or Obama or Clinton), Trump hasn’t ever killed anyone, whether in a KGB operation or via an execution chamber or a battlefield decision. Trump may win the presidency, but he will face not pliant lackeys but bitter clingers to the shreds of the tattered old Democratic and Republican Parties. Beyond that, as even Sullivan acknowledges, he is already moderating his views on everything from his disgusting plan to deport 12 million illegals to banning abortion to killing the children of terrorists. A reverse Teddy Roosevelt, Trump will speak loudly and carry a little stick everywhere he goes.

That’s because for all his bombast, fabulism, and crudeness (making fun of a handicapped reporter, suggesting Ted Cruz’s father was friends with Lee Harvey Oswald, any comments regarding Megyn Kelly, pretending to have seen Muslims celebrating 9/11 in New Jersey), Trump is actually not channeling a true tyrannical or fascistic urge among Americans. His signature promise that he “will make America great again” has been widely misunderstood, I think. It’s less about dropping bombs and invading foreign countries or poking the Chinese in the eye and more about something far less frightening.

As Peggy Noonan puts it at the Wall Street Journal, Trump stands out in this election season not because he is dangerous but because he is the only candidate who seems to give a shit (my words, not hers) about the lives of regular people. Remember when he thanked the “poorly educated” after winning in Nevada? When’s the last time they were even acknowledged as something other than a problem to cured? Noonan observes that where Bush and Obama were all about ideology in one form or another, about pushing grand visions of right and wrong and using regular people as markers in a game of Risk, Trump is either pre- or post-ideological and the only thing he cares about is the country writ large:

You could see this aspect of Trumpism—I’m about America, end of story—in his much-discussed foreign-policy speech this week. I have found pretty much everything said about it to be true. It was long, occasionally awkward-sounding and sometimes contradictory. It was interesting nonetheless. He was trying to blend into a coherent whole what he’s previously said when popping off on the hustings. He was trying to establish that there’s a theme to the pudding.

She calls what Trump is performing “simple patriotism.” It’s certainly simple-minded but it’s also a revelation at this late date in the American Experiment.

He certainly jumbles up the categories. Bobby Knight, introducing him at a rally in Evansville, Ind., on Thursday, said that Mr. Trump is not a Republican or a Democrat. The crowd seemed to like that a lot.

Those conservative writers and thinkers who have for nine months warned the base that Mr. Trump is not a conservative should consider the idea that a large portion of the Republican base no longer sees itself as conservative, at least as that term has been defined the past 15 years by Washington writers and thinkers.

We can add to this that most Americans are as sick of conservatives who say they want small government while doubling budgets as they are of liberal Democrats who bomb foreign countries and prosecute the drug war and deport immigrants. If Trump was actually channeling something other than the public’s disenchantment with two failed parties and with politics itself, it might be worth getting worried about him. But unless you are a Republican who worries that his heading up the ticket will make it hard for your own preferred poseur to win re-election or a Democrat who deep down knows that Hillary Clinton is a terrible person and would be a terrible president, lighten up already. One of these two people, Trump or Clinton, will be president come next year. Either of them will almost certainly be terrible, but that only makes them the latest in a line of terrible presidents who subverted the Constitution and increased the size, spending, and scope of government in ways that are still not yet fully understood.

A Trump victory tonight in Indiana—and later in California and Cleveland and maybe even in November—will thus only speed up the evacuation from partisan politics that’s been taking place since the 1970s, when far higher percentages of Americans defined themselves as Rs or Ds and dutifully went along with all that entailed. As political consultant and ABC News analyst Matthew Dowd has noted, Trump is not so much a threat to the future as he is the end of line for parties that need to be disbanded or completely transformed. “This cycle,” wrote Dowd a couple of months ago, “is likely to be an accelerator for the success of independents locally and at the state level-developments that can only be good for our democracy.”

Precisely because he is showing how weak the Republican Party apparatus actually is, Trump may even be the least-bad outcome in November, for his victory will force us finally as a nation to move into the 21st century politically as we have culturally. We have started growing up when it comes to sexual orientation and pot legalization; we’re embracing school choice for poor kids as well as rich ones and we’re confronting the damage done by locking up entire generations of young men. Most of us (Gallup again) want the government to do less and for individuals and businesses to do more. Politics—the systematic organization of hatreds, as Henry Adams put it—has long gotten in the way. With Trump at the helm (or for that matter), it will be more attractive than ever for us to figuratively leave D.C. behind and get on with our lives out here in the rolling fields of the Republic.

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Donald Trump Wins Indiana, Moves Ever Closer to Locking Up GOP Nomination

Less popular than Bush while Iraq exploded.

Donald Trump is the winner of the Indiana primary, with about five percent of precincts reporting, according to MSNBC. 

Indiana was said to be Texas Sen. Ted Cruz’s last chance to stop the New York reality TV star from clinching the 1,237 delegates he needs to lock down the Republican nomination for president.

Cruz vigorously pounded the pavement in the Hoosier State, hoping his evangelical-style social conservatism would win over the heartland. He even staged a misbegotten alliance of convenience with Ohio Gov. John Kasich, who pulled his resources out of Indiana to give Cruz a better chance there in exchange for Cruz doing the same in two Western states. 

The past week was particularly vicious, with Trump accusing Cruz’s father of being an acquaintance of the man who shot President Kennedy, and Cruz calling Trump a “pathological liar.”

But at this point, the #StopTrump movement is all but mathmatically eliminated, and Trump’s momentum plus Cruz and Kasich’s declining stock all bode well for The Donald clinching the nomination and avoiding a contested convention in Cleveland this July. 

The Republican Party’s likely standard-bearer will go into the general election campaign holding the highest unfavorable ratings for a major party candidate this late into the season ever. Trump currently has unfavorables about 20 percentage points higher than George W. Bush did while running for re-election in 2004 as the American public decided the once-popular Iraq War had become a regrettable, bloody fiasco.

To repeat: the American public dislikes Donald Trump more (by a substantial margin) in 2016 than they did George W. Bush did in 2004. 

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