True that the bickering over the current Financial imbroglio has left a bad taste and makes one disillusioned with Democracy in general and the two-party system in particular.
The problem encountered is inherent in Democracy where majority rule is important.
Again the value system of each individual is different while looking at problems.
Hence this controversy.
The alternate suggested will breed only anarchy at a later date.
However the emergence of third/fourth parties will be a certainty.
This is being witnessed in India where innumerable parties on the national level and at the State level have made governing an impossible task.
The the US you have people fighting for what they believe to be in the interest of the country.
In India it is personal aggrandizement that is ruining the country.
Multiparty system is good but people who run the parties
matter.
All said done two-party system is the best bet until we frame a an alternate system to Democracy.
Confidence in the U.S. Congress is at a historic low, more than half of Americans think that the Republican and Democratic parties are doing such a bad job that a third party is needed, and the word “dysfunction” has been common currency in the drawn-out debate over the national debt.
Does this mean the bells are tolling for the Republican-Democratic duopoly which has dominated American political life for more than 150 years?
The answer is yes for a budding political force that aims to get the millions of voters who are disaffected by the present system to bypass the traditional selection of presidential candidates through primary elections.
Instead, the new organization, Americans Elect, says it wants voters “to decide the issues that matter, find candidates to match your views and nominate the President and Vice President directly.”
It’s a novel and extremely ambitious idea, backed by a 50-strong board of advisors that includes business executives, seasoned political operatives and senior former government officials, including ex-FBI director William Webster and former U.S. Trade Representative Carla Hills. Also on the board: Doug Schoen, a pollster who worked for Hillary Clinton’s presidential campaign.
The chairman of the group is Peter Ackerman, who heads the Fletcher School of Law and Diplomacy at Tufts University and made a fortune in the 1980s working for Drexel Burnham Lambert, the junk-bond dealers. His son Elliot is chief operations officer. Both are confident that the Internet and social media are the right tools to change the way the system functions.