Libertarian Party Jurisprudence

Voters who have never read a party platform are told that to cast a vote on principle is to “waste your vote.” The verifiable fact is: your spoiler votes for Libertarian Party candidates repeal bad laws. Today’s example is a woman’s right to undo her unwanted pregnancy. How was that right asserted and made law? 

The LP legalized abortion

Read the original

The Libertarian Party Platform of June 17, 1972 said:

“We further support the repeal of all laws restricting voluntary birth control or voluntary termination of pregnancies during their first hundred days.”

LP Candidates were John Hospers and Tonie Nathan. Ours was the first viable party to field a lady candidate for vice-president and secure for her an electoral vote–12 years before the Dems finally followed our lead. The popular election was 7 November of 1972, and electoral votes were counted in December.

On January 22, 1973, 45 days after the electoral votes were counted the Supreme Court decided in ROE v. WADE:

“(a) For the stage prior to approximately the end of the first trimester, the abortion decision and its effectuation must be left to the medical judgment of the pregnant woman’s attending physician. …”

That most important part of the Supreme Court decision was a perfect logical paraphrasis of the Libertarian plank on abortion. Much effort was expended to distance the decision from the first three words of the 14th Amendment: “All persons born…” These three words speak to the rights of individuals, but were NOT the reason the court struck down coathanger abortion laws in states notorious for mystical bigotry. The Supreme court was manned by five Republicans and three Democrats, and had been mulling this case since the first baby steps toward organizing a Libertarian Party.

Already the LP.org was against military conscription–which had just coerced 58,000 Americans to their deaths in Vietnam, formerly a French opium regie. But the Supreme Court had already committed to that version of slavery and involuntary servitude for WWI. Republicans–white and Christian like the Germans who voted for National Socialism–were terrified. Republicans feared not communism, essentially the same thing as nationalsocialism, but the “activated atheism” they associated with the Communist faith. Republicans had reason to fear that the widows and girlfriends of the boys they’d sacrificed were ready for bloody vengeance at the polls. Democrats had ditched the Klan and voted Wet in the 1932 economic collapse, and made out very well. So Democratic Justices again betrayed Southern mystical bigotry by copying the Libertarian plank, as Dems had copied the Liberal party repeal plank to defeat Herbert Hoover and elect FDR.

Nixon had tried to crush the LP within 24 hours of its formation by using the IRS to bribe the media with tax money. That politician took office, gingerly stepping over the scorched relics of the usual looter opposition–Socialist, Socialist Labor, People’s, Prohibition and Communist party–but fearing the 3674 Libertarian votes. Those votes have since grown a thousand times and now total 4 million.

21x the Clout!

Winning is changing the laws. See original

Since 1971 the Libertarian Party has been the prime mover for deregulation, repeal of censorship, defense of individual rights, non-entanglement in foreign affairs and the general increase in freedom. We are the reason God’s Own Prohibitionists finally backed away from coercing gay voters before the recent election–and the appeal to laissez-faire has also spread to more than 20 countries. The only brutal dictatorships left on earth are governments that block libertarians from organizing into political parties. Think about that next time someone is tortured or beheaded.

If you understand that maybe libertarianism isn’t all that weird, you might want to help out with a small donation at www.LP.org
If you were pleased with the clarity of this expository writing, consider www.portugueseinterpreter.com to help you get ideas across the language barrier in three directions.

“Show me a movement that doesn’t hate somebody and I will join it at once.” Robert Anton Wilson

 

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1929 Stock Market Crash One

Chapter 46

The First Stock Market Crash

looters-by-law

Chicago Tribune 27MAR1929

On March 26, 1929, Al Capone was still sequestered for the federal grand jury as ordered by Judge Wilkerson, and the U.S. Attorney had sent a federal raiding party to the Lexington and Metropole hotels to seize Capone’s records. Although ostensibly over fallout from the Chicago Heights raids, Assistant United States District Attorney Daniel Anderson nonetheless asked the famous entrepreneur point-blank: “What is your business?”

“I must stand on my constitutional rights and refuse to answer anything particular about that,” was Capone’s answer. Al was charged with contempt and a warrant issued the following day. Health problems as a pretext for avoiding the courtroom had been successfully invoked by Jew-baiting magnate Henry Ford just two years earlier, but the court extended no such privilege to young Al Capone.[1] The market crashed with a record turnover of over 8 million shares on March 26, 1929.[2] Wall Street sources reported that Chicago banks withdrew substantial sums from Wall Street to meet credit exigencies in the “Middle West.” This announcement would be repeated in even stranger circumstances by Herbert Hoover before the year was out.[3]

Wall Street Journal headlines on March 27 glumly described severe declines on the “largest volume of dealings ever known.” Time Magazine chimed right in, announcing “the biggest stock market crash in Coolidge-Hoover history.” Some of the cash movement had to do with income tax payments—which back then were due March 1—and some with quarterly government financing. Indeed, call money bounced back up to 14% at the close of March. News came in of increased opium trade in China precisely coinciding with a new wave of suppression there.[4]

Judge Winslow’s impeachment was gathering steam, with attorney Isidore Kresel scheduled to conduct an investigation beginning Monday. City Trust, Lancia motors and the late F.M. Ferrari were also back in the news over a disputed note, and George McManus—Rothstein murder “suspect”—was released on bail for want of a speedy trial.[5]

Again the Journal reported that there had been a “drastic movement of funds to Chicago to replace funds called in that City by local banks.”[6] This pattern would repeat itself time and time again before 1933, yet remain a mystery to economists and financiers for the next seventy years. Just how much of the March panic was due the various forms of prohibition we may never know. We do know, however, that this record-volume stock market crash occurred well before the tariff debate had even begun and after no interest rate increases by the Fed. Yet as the crash occurred, vigilantes closed in on Chicago racketeers, Al Capone fidgeted before Judge Wilkerson in a Federal courtroom interested in his income tax records, banks were caught financing bootleggers, League of Nations narcotics statistics reports were falling due, corporate magnates were tried without publicity or fanfare in a Buffalo star chamber and the Chicago-bound trunkful of drugs case slowly expanded into a conspiracy involving failed banks and other corporations. A pattern was taking shape.

The New York World scrupulously ignored the Illinois Alcohol trial, 73 subpoenas and all—yet covered the news of the following day’s “brief but violent tumble in stock prices.”

how credit contracts

Same day Chicago Tribune cartoon

Walter Strong, Publisher of the Chicago Daily News had visited President Hoover on March 19. Strong—together with Judge Frank Loesch of the Chicago Crime Commission—had given “chapter and verse for their statement that Chicago was in the hands of gangsters, that the police and magistrates were completely under their control, that the governor of the state was futile, that the Federal government was the only force by which the city’s ability to govern itself could be restored.” Thus spoke President Hoover, who at once gave orders that “all the Federal agencies at once concentrate upon Mr. Capone and his allies.” This was to be accomplished at once, without publicity and regardless of expense. Having thus ordered such Treasury agents as Eliot Ness and Elmer Irey unleashed upon Chicago’s shadow government, the President again turned his attention to the special session he’d been planning for Congress.[7]

If you had never heard of the March 1929 stock market crash, perhaps you have also never heard of court or financial interpreters for the Portuguese language.

[1] (Bergreen 1994 326) (Pasley 1930 73) (Lacey 1986 216-217)

[2] (Time Capsule 4/1/29 212)

[3] (WSJ 2/26/29; 3/27/29 1; 5/18/29 7)

[4] (NYT 3/31/29 III-6:2; 7/21/29 III-8:8)

[5] (NYT 2/26/29 24; 14) (NY World Almanac 1930 103)

[6] (WSJ 5/18/29 7)

[7] (Hoover Memoirs Vol. 2 277) (Myers & Newton 1936 376)