I've always toyed with the idea, but its eventually leads to nothing as has been shown in the past. Liberty is 'meant' to be a democratic House of sorts, I remember people trying to RP that with political groups and elections. I think it crashed though since it could never change things since all the in-game RP and power is military.
Politics with military is a difficult balance unless factions are willing to powershare or evolve their RP.