This was probably a Mencken quote. Most of the other sources are worded almost the same: "Every election is a sort of advance auction of stolen goods." I'm curious, where did this version of the quote come from?

Anyway, it sounds a lot like Mencken.

Heinlein certainly has a lot of faith in his own reasoning. I doubt that someone who believes so thoroughly in reason can judge religion, or faith, without discounting any evidence brought forward in support of that faith.

I enjoy the quotes from Liberty-tree. They would have more credibility if they gave the sources. Sometimes it would be good to see the quote in context. I believe that this quote comes from long before he was Chairman of the Fed.