Canada’s crazy Libertarians want to legalize lemonade stands, baby-walkers and Bitcoin

Canada’s crazy Libertarians want to legalize lemonade stands, baby-walkers and Bitcoin

Written by Peter Diekmeyer, Sprott Money News

Maxime Bernier’s near-win of the Conservative Party leadership suggests that Canadians increasingly are tempted by smaller government. But maybe Bernier is in the wrong party. So says Tim Moen, the dynamic leader of the Libertarian Party of Canada, whose upcoming convention, will take place between July 5thand 7th, 2018 at The Westin Ottawa. Following is an edited version of Moen’s comments. 

What will be the key themes of the upcoming convention?

In a word: “energy.” Libertarians have long been a small niche in Canadian politics, which is dominated by special interests. But recent events have energized our base. Maxime Bernier’s near win of the Conservative Party leadership and his subsequent repudiation by the party’s establishment provided Canadians with a key message: those who want liberty, free markets and smaller government will be more at home in the Libertarian Party. 

Your recently provided Bernier a chance to run for the Libertarian Party’s leadership by offering to step aside. What makes you think he would do a better job than you?

Maxime has a national profile, well-established credentials and excellent knowledge of the threats posed by the Bank of Canada’s disastrous monetary policies. Libertarians are a party of ideas not of personalities. We work with anyone who is willing to build a better country. If that means stepping aside to take on new talent, I’d do so in a second.

We are seeing increasing signs that Canadians agree. For example the Ontario Libertarians ran a near-full slate in the last election. There is also considerable interest in our Ottawa event. Journalist Brian Lilley is scheduled to appear as is Matt Bufton of the Institute for Liberal Studies. We also reached out to the Canadian Taxpayer Federation, the Canadian Federation of Independent Business, the Blockchain Association of Canada. Even to the local Bitcoin community!

Bitcoin? Aren’t crypto-currencies just about tax evasion, criminality and terrorism financing?

That’s absurd. That’s like saying that the U.S. dollar is all about tax evasion, criminality and terrorism financing. Any tool, ranging from a pencil to a bulldozer can be used for good or bad. Crypto-currencies add stability by making the financial system more diverse and thus, more resilient.

A Libertarian government would legalize Bitcoin and all related cryptocurrencies. That would provide huge benefits because Canada’s blockchain community is among the world’s leaders. For example, gold-backed cryto-currencies could one day form a key part of a more stable global payments system.

What are the key issues on the minds of Canadians?

The people I talk to are all increasingly worried about their quality of life, their futures and those of their kids. Canadians trust government to resolve those issues. But governments have let them down. You can see this in three key issues: pipelines, free trade and taxes.

On the Trans Mountain pipeline governments at various levels created a slew of burdensome regulations that impeded the development of a promising energy resource. Then to “solve” the problem that it created, the Trudeau administration wants to invest billions of dollars of taxpayers’ money.

As for the trade “wars” – there is an argument that they are not really “wars” as such. They are just an excuse for governments to raise taxes (which they call “protective tariffs”) and to pick winners and losers in the economy. For example, the Trump Administration gets to protect US steel producers and the Trudeau Administration protects dairy farmers. In short, deals are made in the backrooms and consumers lose. It’s crony socialism of the worst sort.

It sounds like you aren’t a big believer in government?

People have a fundamental misunderstanding that government is there to help. That is only partly true. Government, like corporations, will help …but they help themselves first. That’s why we need rigid checks and balances. Sadly, these have been eroding.

As a result, governments in Canada and around the world have been growing both in real terms and as a percentage of GDP. Governments get away with this through their control of the public education system which, over 12 years, tells kids that governments can solve any problem.

However governments increasingly ARE the problem. We have all heard stories about “dangerous baby-walkers,” bans on high diving boards and kids’ lemonade stands being shut down. These actions stifle innovation, creativity and productivity. We’d change course on all these issues.

You talked earlier about monetary policy. Is Canada on the right track?

Canada gets a lot of credit for its strong financial system. But we need to be careful. Artificial low interest rates have been a disaster. They provide a huge disincentive to save and make it hard for pension plans to earn the funds they need to stay afloat.

Worse artificially low rates have encouraged Canadian government, businesses and individuals to rack up nearly $6 trillion dollars in debt. That works out to more than $160,000 per person or $644,000 for each family of four. If interest rates had been set by the free markets, Canadians would have less debt, sounder pensions and more savings. The recent sale of Canada’s emergency gold reserves provides a key sign of the Trudeau Government’s increasing recklessness with public finances. Canada is now the only G7 nation without any central bank gold holdings.

You have had a highly visible term as Libertarian party leader. Will you run again this year?

While I am keeping an eye open for a successor and would welcome Maxime Bernier into the party, my plan right now is to run again. It hasn’t been easy. I quit a decent job and cashed in my retirement fund to be able to campaign in the last election. But that’s far less than a lot of other Libertarians have given up, many of whom made huge sacrifices to stand up for what they believe in. Canada’s future is at stake and we believe that it’s worth it. So right now we are all focused on 2019. 

Canada’s crazy Libertarians want to legalize lemonade stands, baby-walkers and Bitcoin

Written by Peter Diekmeyer, Sprott Money News

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Comments

chippers Fri, 06/22/2018 - 06:28 Permalink

Thanks to 75 years of propaganda from the CBC,  most Canadians are SJW idiots who think the government should control everything including feelings.  The libertarians are a tiny tiny fringe of Canadians .

austrianboy chippers Fri, 06/22/2018 - 07:57 Permalink

______________________________________

What makes this article useful is that the CBC and the rest of the major media in Canada (who are all heavily government-financed) totally black out the Libertarians (like US media blocked out Ron Paul).

It's not clear whether the Libertarians will achieve enough support to overtake the Liberals in the coming election.

However under normal conditions, Tim Moen, who is probably the most thoughtful leader in Canadian politics would be a regular figure on the national stage.

 

 

In reply to by chippers

gmak Fri, 06/22/2018 - 06:56 Permalink

If a political party would come along that would make deficits illegal, provide accountability to Canadians by letting us vote on budget changes, and make the income tax a flat tax - I would hold my nose on other matters and vote for them in a heart beat. 

 

If we ever get to the point where we are generating a surplus, then we can have a dialogue regionally and across the country as to what to do with that surplus. It's the height of stupidity to steal from our future selves via debt to give the money away to those who add nothing to productivity or to society as a whole, and just want the hand-outs. While it may be a nice virtue signal, it will only lead to a vastly reduced standard of living for all. And then what do we do? Wait for the aiiens to come and bail us out?

GoinFawr gmak Fri, 06/22/2018 - 18:31 Permalink

"If a political party would come along that would make deficits illegal, provide accountability to Canadians by letting us vote on budget changes, and make the income tax a flat tax "

All excellent suggestions g, I'd wager most Canuks would be on board with you too, but only after first taking the crucial step you have neglected to mention (reconsidering the 1974 Basel Recommendations). Because,

McGeer monetary policy (is enshrined in the Cdn. Constitution, functioned adequately for 7 decades, does not exclude specie, encourages frugality)

otherwise it's,

"Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control,will wreck any nation." - William Mackenzie King

and

" Permit me to issue and control the money of a nation, and I care not who makes its laws!"

"Give me control over a nation's currency, and I care not who makes its laws!"

"Give me control over a nation's currency, and I could give a shit who makes its laws!" - or whatever was said, whenever, by whomever...

In reply to by gmak

tangent Fri, 06/22/2018 - 07:39 Permalink

As governments exist today they are corporations with a complete monopoly on your life. Slavery. Canadians should simply move. New Hampshire, Alaska, and Montana are all decent choices. Our only real voting power is to vote with our feet.

Rhal Fri, 06/22/2018 - 08:37 Permalink

The next Canadian election will be a sea-change for sure. Everyone is pissed at Trudeau. But the new Conservative leader has been good at speaking truth to power and is likely to run the tables next year.

It's worth noting that most Canadians are not faithful to one party. Voting percentages never stay in that 45-55 % range like American politics. I've often wondered if that narrow range was rigged just to keep the losing side docile. Of course this implies that its rigged.

surf@jm Fri, 06/22/2018 - 08:41 Permalink

The only thing that makes all western democracys people get agitated, and decide for a change of government is pain in the wallet.......

Well that pain is increasing in Canada..........

Socialism and liberalism, and I pretend I care, are good hobbies when times are good.....

But, when people can`t make ends meet, they will say fuck that shit, I got real problems now, get me someone who isn`t a liberal weenie, to fix things.......LMAO!.....

Herdee Fri, 06/22/2018 - 10:01 Permalink

Be self sufficient with a greenhouse. Grow your own organic vegetables. You can even heat your greenhouse in different ways if needed. It's one way to become less dependent on others. Start your composting program. These things can be done even on a very small scale. Use supplemental, high quality, l.e.d. lighting even if you go very small and just grow in a basement tent. Start learning the hobby:

https://spectrumkingled.com/

 

opport.knocks Fri, 06/22/2018 - 11:43 Permalink

How do you legalize bitcoin? It is already legal here and the big Canadian banks all handle it. I believe the correct translation of the hyperbole of the Libertarian "leader" should be "don't make cryptos illegal".

I voted libertarian in the last Ontario election. The 3 main political parties were all reprehensible in different ways.

austrianboy opport.knocks Fri, 06/22/2018 - 13:52 Permalink

 

Canadian banks do not accept Bitcoin payments or deposits....though some credit card companies will allow you to buy Bitcoin with them.

My understanding is that the  Libertarian Party's goal is remove the obligation to use the Canadian dollar as legal tender.

In short, stores, people, and governments would be free to accept any currency they want....including Bitcoinm, Dash or Ether etc...

Right now only the CDN is legal tender.

In reply to by opport.knocks

centipede austrianboy Fri, 06/22/2018 - 15:43 Permalink

But true libertarian's goal should be to remove the obligation to use any currency as well. That means canadian banks do not have to accept Bitcoin payments either.

As much as I consider bitcoin backed by only a "thin air" an utterly crazy idea I agree though that it shouldn't be illegal. Everybody should be free to harm himself. But only himself.

In reply to by austrianboy

GoldenDonuts Fri, 06/22/2018 - 11:47 Permalink

The day that Canadians dream of smaller government will be the very day that the currency goes to zero and the world stops.  Until then my brain dead fellow citizens will yearn for more interference in their life, more rules, more "help".  After Europeans Canada is probably the country most in love with big daddy.

Golden Phoenix Fri, 06/22/2018 - 21:44 Permalink

As soon as someone says 'gold backed cryptocurrency' they've lost all credibility on crypto because the advantage of true crypto is a decentralized, distributed ledger requires no trust but 'gold backing' reintroduces third party trust. 

That said, more freedom is always good.

JibjeResearch Fri, 06/22/2018 - 22:28 Permalink

This is the idea: Having liberty, a free markets, and a small government is the Libertarian Party. 

No personal preference!

Your color doesn't matter!

America needs Libertarian principle to beat China!

 

canadian shenanigans Sat, 06/23/2018 - 14:39 Permalink

Quand on me parle de Maxime BERNIER et de ses idéologies je pense constamment à son passé de Créditiste et Béret Blanc de sa famille.

Translate and research it please:

Louis Even is guru and his heritage....

Google it in Québec!!! Maxime is a cunt!!! 

ZIRPdiggler Sun, 06/24/2018 - 04:49 Permalink

I'm an anarchist. no government. they're all dead weight vampires and tits up useless. Even if they start out in benign fashion, they eventually end up that way. power hungry blood suckers