What is an election?

"It is morally tragic whenever a citizen’s only choice is between two wrongdoers—that is, between two trimmers.
~Leonard E. Read … The Lesser of Two Evils
http://lewrockwell.com/barnett/barnett35.1.html

A democratic presidential election is citizens coming together to listen to lies every four years.


Are these lies too?
http://www.youtube.com/watch?v=kMmVwW8h4Ho