
The Winds of Change
The Memo by Howard Marks
The Filibuster - A Problem in the House of Representatives
Widespread dissatisfaction with both major parties could conceivably lead to the creation of a third party. With more than two main parties dividing up the votes, there would be significant obstacles to any one of them achieving a clear win. Under the us form of government, it's doubtful that minority party candidates can be elected and coalitions formed. If candidates from more than two major parties vie for the presidency, it would be difficult for one to achieve a majority in the electoral college. 26 states with a tiny share of the total population could end up appointing the president. While my examples describe extreme hypothetical outcomes, these are not imaginary concerns. Finally, under the heading of pol is i'll touch on