In ignoring the "political crap," you are missing much of the thematic point of the series so far.
For example: Why do you think Reagan's quotation of John Winthrop's "City on a Hill" image is juxtaposed with images of the crime families moving to enact mayhem on their enemies? The writers just needed something to fill in some space?
No. It's symbolic. As I said earlier, the writers are writing an entertaining story that also has a deeper message.
That message can be seen in the references to Reagan's speech: their point, as I take it, is that Reagan's comments about the glorious promise of America as a holy community ring very hollow in the sort of world that exists even in the heartland of America, in which predators such as the "Krauts" and the KC mob operate.
That is a profound idea, and it is one that Season One covered as well, as did the movie: Why do people do evil things?
But the writers extend that idea. Whatever this intractable evil is at the heart of the universe, it invades our bodies (Lou's wife) and our politics. Lou stumbles as he does it, but he tries to make this exact point as he is speaking to Reagan in the bathroom. He wants answers; he wants to know why these bad things are happening to good people.
The writers made a similar point in the first episode, when Jimmy Carter's attempt to bring moral order to America in his speeches is ALSO ridiculed by, again, juxtaposing his noble sentiments with the reality of the wolves who operate in the world.
The writers are saying that neither the lofty idealism of Carter nor that of Reagan provides any answer to the unsolvable evil that dominates the universe of Fargo. To that extent, the writers are not indicting any specific political philosophy. Carter and Reagan are dismissed as equally out of tune with the basic evil operating in the hearts of people and at the heart of the universe. No offense taken by the portrait of Reagan at all. It works beautifully as part of the symbolism in the series.
My only complaint is that the theme of the show is fully established by the earlier references to Reagan and the scene in the urinal is unnecessarily personal.
I apologize, though, for focusing too much on the gratuitous attack on Reagan. As I said, my sense of the artistry of the show was affected by it. It just goes overboard in making a point the writers have already made.