Reino de Clinton

"The multiplicity of institutional checks and balances typical of a modern democratic republic, which -L believes to be constraints on the exercise of power, are in fact an expression of the expansion of government ower. They are intra-government checks and balances, which take the existence of government and the exercise of overnmental power from the outset for granted. The existence of a constitution and of a constitutional court, for nstance, do not represent limitations on government power. Rather, as part and parcel of the state apparatus, theyare institutional vehicles for an expansion of state power.

"What if Clinton were to become hereditary king of the U.S.; wouldn't this
make matters worse than they are now with him as president? The answer is a decisive No.

First off, given Clinton's obviously high degree of time preference, by making him owner rather than caretaker of the U.S. his effective rate of time preference would fall (as high as it might still be).

More profoundly and importantly, however, the transition from a Clinton presidency to a Clinton kingship would require substantial institutional changes (for instance, the abolition of Congress and congressional elections, the elimination of the Supreme Court, and the abandonment of the Constitution), and these changes could not possibly be implemented without King Clinton losing thereby most of his current power as president.

For with everyone except Clinton and the lintonistas barred from politics and political participation, and with Clinton installed as the personal owner of all formerly public (federal) lands and properties as well as the ultimate judge and legislator for the entire territory of the U.S., popular opposition against his and his clan's excessive wealth and power would bring his kingship to an end before it had even begun.

Thus, if Clinton really wanted to hold onto his royal position, he would have to give up most of the current - democratic-republican - government's property, tax revenue, and legislative powers.

Even then, in light of Clinton's less than exemplary and shining personal history and family
background, his United Kingdom of America would almost certainly be faced with an immediate
upsurge of secessionist forces all across the country and quickly disintegrate, and Clinton, at the
very best, would end up as King Bill of Arkansas."

On Theory and History, in: Gerard Radnitzky, ed., Values and the Social Order, Vol.3 (Aldershot: Avebury, 1997) Hans-Hermann Hoppe