Loved this explanation of the limits of democracy in SlashDot (the participants 
were discussing Obama with relation to his Privacy Reform panel reporting to 
the NSA).

"There are roughly 300 million people in the United States, of whom only one 
can be President at any given time.
With 300 million available candidates, many of whom are not nincompoops, why 
does America keep electing nincompoops to political office?

Sending a message to select 1 out of 300 million possibilities requires 29 
bits. So if you vote in only the general election for the Presidency, then some 
mysterious force narrows the election down to 2 out of 300 million 
possibilities - exerting 28 bits of decision power - and then you, or rather 
the entire voting population, exert 1 more bit of decision power. If you vote 
in a primary election, you may send another 2 or 3 bits worth of message.

Where do the other 25 bits of decision power come from?

(...) Since around half the population is under the age of 35, at least one bit 
of the missing decision power is exerted by 55 delegates in Philadelphia in 
1787. Though the "natural-born citizen" clause comes from a letter sent by John 
Jay to George Washington, a suggestion that was adopted without debate by the 
Philadelphia Convention.

(...) Likewise, not everyone would want to be President. (But see the hidden 
box: In principle the option exists of enforcing Presidential service, like 
jury duty.) How many people would run for President if they had a serious 
chance at winning? Let's pretend the number is only 150,000. That accounts for 
another 10 bits.

Then some combination of the party structure, and the media telling complicit 
voters who voters are likely to vote for, is exerting on the order of 14-15 
bits of power over the Presidency; while the voters only exert 3-4 bits. And 
actually the situation is worse than this, because the media and party 
structure get to move first. They can eliminate nearly all the variance along 
any particular dimension. So that by the time you get to choose one of four 
"serious" "front-running" candidates, that is, the ones approved by both the 
party structure and the media, you're choosing between 90.8% nincompoop and 
90.6% nincompoop.

I seriously think the best thing you can do about the situation, as a voter, is 
stop trying to be clever. Don't try to vote for someone you don't really like, 
because you think your vote is more likely to make a difference that way. Don't 
fret about "electability". Don't try to predict and outwit other voters. Don't 
treat it as a horse race. Don't worry about "wasting your vote" - it always 
sends a message, you may as well make it a true message.

(...) Oh - and if you're going to vote at all, vote in the primary. That's 
where most of your remaining bits and remaining variance have a chance to be 
exerted."

The full article that was quoted at SlashDot is at 
http://lesswrong.com/lw/mi/stop_voting_for_nincompoops/ written by Eliezer 
Yudkowsky and, strangely enough ... given the URL, entitled 'Stop Voting for 
Nincompoops'.

In Australia the figures are probably about 15 million voters and the 
politician count is up because we have a Parliamentary rather than a Republican 
system of government ... but conversely we have less Separation of Powers so 
the risks are higher for what, in the US, would amount to our Congressional 
elections. 

That said, I like the 'bit rate' explanation of the limitations of modern 
democracy and Presidential voting. Maybe we don't deserve the politicians we 
get. Maybe the numbers are stacked against us.            :)

Just my 2 cents worth ...
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