We The “Traitors To Democracy”

“It is difficult to free fools from the chains they revere.”

– Voltaire

Addison WigginDear Reader,

This one’s a doozy. We’ll have to pull it apart piece by piece.

We received reader mail overnight that accused The Wiggin Sessions of being “traitors to democracy.” We’ll leave out the name of the reader who sent it. And spare you the expletives involved. Both out of respect.

Immediately I wanted to go on a tirade about how we don’t actually live in a democracy. According to how the Founding Fathers penned it, we live in a republic.

But then, this piece graced my feed. “Stop Saying ‘We’re a Republic, Not a Democracy’”, writes Ryan McMaken. The Mises Institute editor claims that such a tirade as mine would be a waste of time, and, frankly, a dead argument.

The piece is a bit academic. And cites a bit of the Federalist Papers. But if you’re into it, McMaken makes a good argument, and worth considering in today’s political environment.

Rather than run my mouth, I’ll defend my so-called “traitorous” action by proudly responding to our unnamed accuser with what we’ve actually been writing…

We’ve been celebrating “democracy” all week. We wrote about Roe v. Wade overturning, and its resulting protests. We wrote about the LGBTQ+ parade in Manhattan.

We wrote about “gun-toting hippies” at the Porcfest in New Hampshire.

These were all peaceful expressions of free speech and our right to assemble from all walks of American life, left and right. Under the First, Second and Fourteenth Amendments to the Constitution, these acts are all protected and celebrated.

My guess is you didn’t like our “Smoking Gun” accusation made yesterday. Or our portrayal of the fungal “Administrative State,” as described by Jeffrey Tucker on this week’s Session.

That being said, everyone is entitled to their own opinion. That is the nature of our freedom in the Western World.

If you missed it, Jeffrey Tucker explains the better angels of American liberty and fraternity here (or the lack thereof):

The Wiggin Sessions: The history and consequences of the administrative state. Right Here.

I’m positive Jeffrey would be appalled by our reader’s accusations. Or maybe scintillated.

This is why it is important to really reflect on what it means to live in a democratic republic.

After all, what is more traitorous to democracy than a bureaucratic power structure you can’t identify by name? And just won’t go away? Who issues your money? Then demands it back again? And controls your property rights?

Oy. Who are the traitors again?

Follow your bliss,

Addison Wiggin

Addison Wiggin
Founder, The Wiggin Sessions

P.S. When I met him, Jeffrey Tucker was the Executive Editor at the Mises Institute, so there’s a weird bit of kismet in today’s episode. We worked together quite closely on the Laissez Faire Letter. He’s now founder of the Brownstone Institute and a daily contributor to Gilder’s Daily Prophecy.

 

Addison Wiggin

Addison Wiggin

Addison Wiggin is founder and executive publisher of Agora Financial LLC, an independent economic forecasting and financial research firm. He and Bill Bonner began writing the firm’s flagship Daily Reckoning in the midst of the tech boom and bust. It was one of the first widely distributed email newsletters on the Internet. The publication’s critical eye on finance and economics continues today. He’s also creator and editorial director of Agora Financial’s daily missive The 5 Min. Forecast.

Recent Alerts

So Now EVs Are Evil Too…

Here at Paradigm Press it’s not good enough for us to shake our heads at the hubris of the control freaks and power trippers… We seek to follow the money. Read More

“A Radical Environmentalist Government”

A spate of wind turbine collapses is indicative of Canada’s “Just Transition” legislation… Read More

The Weaponized Dollar Misfires

The weaponized dollar keeps misfiring… So what do you do about it? Read More

S&P 500 on Steroids

Why is the S&P holding up so well when everything else looks terrible? Read More

Update: Four Years (Max) to China War

If China were to make a move on Taiwan… this week might be as good a time as any. Read More

No Family, No Faith, No Freedom

It’s a topic we’ve addressed now and then over the years in these virtual pages — so-called “deaths of despair.” Now the “mass formation” theory provides some context. Read More

An Unstoppable Metal Trend for 2023 (And Beyond)

“The copper squeeze has begun, which is definitely a plus for mining shares,” says Paradigm’s mining-and-metals expert Byron King. Read More

The Day the Social Security Checks Bounce

Here we go again: As of tomorrow, the U.S. Treasury will resort to “extraordinary measures” to stay below the debt ceiling. Read More

Davos: Whitewashing the Great Reset

It’s as if everything about Davos that’s burst into public consciousness during the last three years… just… never… happened. Read More

How to Play the Energy Rally of 2023

Paradigm’s trading authority Alan Knuckman joins us today with the final round of the Paradigm team’s 2023 predictions. Read More