Thursday, November 25, 2010

Monadnock Valley

One thing that a political party does not want is to be the party in charge during a disaster, especially one that the public considers preventable. An economic downturn is a prime example of this sort of event, where both parties try to take credit for any economic upswing and blame the other for any economic decline.

As bad as the current economic decline has been, something much worse is on the horizon, something that is preventable assuming even a little bit of political courage. Of course, needing a little bit of political courage is exactly why nothing will be done about the bust of Social Security in 2016. So rather than do anything about it, Obama may be playing to lose.

Now it appears that the Republicans may have caught on to that strategy. The Tea Party may have given the Republicans an unexpected victory, which would add yet one more reason for the mainstream Republican Party to dislike the Tea Party movement. But interestingly enough, before the 2010 victory, Republicans were not talking about Sarah Palin as a viable presidential candidate.

This could be an example of "Play to lose will you? Well then, take this: Candidate Palin."

Of course finding political connections between Palin and Soros adds an interesting twist.

But there is one more outcome if the Republicans have also decided to play to lose in 2012. They could pull a Monadnock Valley.

In "The Fountainhead," a con-man hires Howard Roark to build the Monadnock Valley vacation resort. Nobody can figure out what is wrong with the project until it is completed and starts turning a profit. It turned out that the con-man expected to fail and double sold the stock. If the project had failed he would keep the money from the excess stock sail, but since it succeeded he had to pay $2 in dividends for every $1 in profit.

The con-man chose Howard Roark because conventional wisdom said he was the worst architect, but it turned out that conventional wisdom was wrong he was actually the best architect.

The Republicans may wind up picking a “Monadnock candidate" in the 2012 elections. They may pick a candidate who they expect to lose, but will not only win but be able to handle the economic woes afflicting the nation. They wouldn’t handle then in a way that keeps the elite in their privileged positions, but the problems would be taken care of.

Who would be a "Monadnock candidate" if the Republicans did this? It would have to be someone that conventional wisdom considers to be a poor candidate but has the potential to deliver far more than conventional wisdom could ever anticipate. The list is not large, but it includes Representative Ron Paul, Senator Rand Paul, Judge Andrew Napolitano, and Governor Gary Johnson. Of course, the Democrats probably have their own "Monadnock candidates" but they will probably not run as Obama will likely be the Democrat candidate in 2012.

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