NOTA Brought Down the USSR, What About the US System?

0
NOTA Brought Down the USSR, What About the US System?

NOTA Brought Down the USSR, What About the US System?

Like my friend Cody Willard, I believe that one of the most important things that could happen politically would be to break the stranglehold that the Republican/Democrat duopoly has on the political process.  This evening, I am here to offer a simple way that this could be achieved without creating a third party

(Wait a minute: could we bring “restraint of trade” charges against the Republicans and Democrats for their suppression of third parties?  After all, politics is a business, albeit a twisted one…)

Despite 60% Loss On Shorts, Yarra Square Up 20% In 2020

Yarra Square Investing Greenhaven Road CapitalYarra Square Partners returned 19.5% net in 2020, outperforming its benchmark, the S&P 500, which returned 18.4% throughout the year. According to a copy of the firm's fourth-quarter and full-year letter to investors, which ValueWalk has been able to review, 2020 was a year of two halves for the investment manager. Q1 2021 hedge fund Read More


NOTA: None of the above.  Whether by law or by constitutional amendment, all elections should allow for “None of the above” to be a choice.  If “none of the above” wins the election, the candidates are thrown out, and a new election would be held two months later, with none of the prior candidates participating.  Existing officeholders would continue until a new officeholder is elected.

My opinion is that if “None of the above” were an option in the current Presidential race, it would win handily.  Also, as far as the Republicans are concerned, it would have won their nomination, and the convention would have been old-style, where a compromise candidate would have arisen, far more amenable to average voters than Mitt Romney.

We need a brake on the system to arrest the power of the two parties, and give them real competition.  “None of the above,” helps provide that, so that when you have two lousy polar opposite candidates, they will be forced toward the center, or be eliminated by “None of the above.”

NOTA worked to destroy the politics of the Soviet Union; maybe it can help us as well.  If you’re tired of the polarized opinions of the Republicans and Democrats, then I would suggest pushing for legislation or Constitutional amendments that require the ability for all elections to have “None of the above” as a choice.

By David Merkel, CFA of alephblog

Previous article Yacktman Buys Wellpoint, C.H. Robinson, & Abbott; Boosts RIM Stake
Next article Counsel RB Capital: P/B Under 0.9 & Strong International Growth=Buy?
David J. Merkel, CFA, FSA — 2010-present, I am working on setting up my own equity asset management shop, tentatively called Aleph Investments. It is possible that I might do a joint venture with someone else if we can do more together than separately. From 2008-2010, I was the Chief Economist and Director of Research of Finacorp Securities. I did a many things for Finacorp, mainly research and analysis on a wide variety of fixed income and equity securities, and trading strategies. Until 2007, I was a senior investment analyst at Hovde Capital, responsible for analysis and valuation of investment opportunities for the FIP funds, particularly of companies in the insurance industry. I also managed the internal profit sharing and charitable endowment monies of the firm. From 2003-2007, I was a leading commentator at the investment website RealMoney.com. Back in 2003, after several years of correspondence, James Cramer invited me to write for the site, and I wrote for RealMoney on equity and bond portfolio management, macroeconomics, derivatives, quantitative strategies, insurance issues, corporate governance, etc. My specialty is looking at the interlinkages in the markets in order to understand individual markets better. I no longer contribute to RealMoney; I scaled it back because my work duties have gotten larger, and I began this blog to develop a distinct voice with a wider distribution. After three-plus year of operation, I believe I have achieved that. Prior to joining Hovde in 2003, I managed corporate bonds for Dwight Asset Management. In 1998, I joined the Mount Washington Investment Group as the Mortgage Bond and Asset Liability manager after working with Provident Mutual, AIG and Pacific Standard Life. My background as a life actuary has given me a different perspective on investing. How do you earn money without taking undue risk? How do you convey ideas about investing while showing a proper level of uncertainty on the likelihood of success? How do the various markets fit together, telling us us a broader story than any single piece? These are the themes that I will deal with in this blog. I hold bachelor’s and master’s degrees from Johns Hopkins University. In my spare time, I take care of our eight children with my wonderful wife Ruth.

No posts to display