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Bob Armstrong's avatar

Nixon's actions led directly to the creation of the Libertarian Party .

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Trevor's avatar

Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was the 37th president of the United States, serving from 1969 until his resignation in 1974.

The Libertarian Party (LP), formerly known as the Liberal Democratic Party (LDP), is an Australian political party founded in Canberra in 2001.

The party espouses smaller government and a philosophy stated in 2013 to be "broadly described as classical liberal or libertarian",[9] such as lower taxes, opposing restrictions on civil liberties, decentralisation, uranium mining, and the relaxation of smoking laws. The party is also socially conservative.

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Now..........................that's a GAP of 27 years................so.........no...............I don't think that

"Nixon's actions led directly to the creation of the Libertarian Party".

Maybe they adopted some of his ideas or his ambitions , but I can't see any clear link !

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Trevor's avatar

Gale.........a problem is never actually a real problem UNTIL it affects yourself !

Fortunately , Nixon's fuel policies had very little effect on us ....however , the "Nixon Shock" of 1971 (ending the dollar's convertibility to gold) had a significant and indirect impact, forcing Australia to float its currency in 1983, which made its economy more flexible but also more vulnerable to global volatility. The 1973 OPEC oil crisis was also a major event, but Australia was partially protected initially because domestic oil prices were kept below market levels until 1975, with prices shifting to world parity pricing over the next few years.

We are an oil and gas EXPORTER and yet we IMPORT most of our petroleum fuels because we have allowed the 'oil refineries' to close [ which makes us reliant on an offshore supplier who could 'turn it off' at any time which makes us very dependent and very , very vulnerable !].

This follows in the 'footsteps' of most products since we hardly manufacture anything anymore !

Personally , I think it is a terrible blunder and a potential military disaster !

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vanwash85@gmail.com's avatar

If one is worried about a potential military disaster, just stockpile enough product. Later refineries can be built in emergencies, without massive regualtions, in a reasonable amt of time. History shows how much can be built in emergency situations. Also important to remember that the countries with refineries are also addicted to the money. They can cut u off but they will also not be getting paid.

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Trevor's avatar

Assuming that a war in this day and age will be short and sharp.......like Israel's 2 year battle against HAMAS...[ which has left HAMAS still in power.......so...it's probably not over quite yet ! ]....or perhaps , much worse , like the 20 war in Afghanistan .......... I seriously doubt that ANY GOVERNMENT could store 2 years provisions and certainly NOT 20 years provisions OF ABSOLUTELY EVERYTHING !

It's a bit hard to BUILD THINGS if you don't have the materials , and at the moment Australia can't even BUILD ENOUGH HOUSES for it's poplation DURING PEACETIME So......sorry VAN WASH .........I think you logic is a bit more like HOG WASH !

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