The Fall of Our Democracy?

Voters are a funny bunch.  As we have said all along, which candidate would YOU vote for;

Candidate A)  "Vote for me and I will restore fiscal sanity by slashing social security, food stamps, Medicare, Medicaid, unemployment benefits, student loan programs and school lunch programs."

Candidate B)  "Vote for me and I promise you free food, free education, free medical care and early retirement with increased Social Security benefits."

Sadly, 90% of voters will vote for the guy who promises them a free lunch....and that's how democracies come to an end.

This history lesson takes us full-circle to ancient Greece, the cradle of democracy. In 1787, Scottish history professor Alexander Tyler wrote about the fall of the Athenian Republic some 2,000 years earlier:
“A democracy cannot exist as a permanent form of government. It can exist only until the voters discover that they can vote themselves largess from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury, with the result that every democracy will finally collapse over loose fiscal policy.”

Wow....loose fiscal policy...that sure seems to describe what the USA has been embarked on for the past 40 years.

VICTORIA, BC, Jul 3, 2012/ Troy Media/ – That Germany is almost singlehandedly providing the funds to bailout their bankrupt country didn’t deter angry Greeks from burning its Chancellor in effigy during last month’s Greek election campaign.

And for a few hours after that election returned parties in favour of staying in the Eurozone, financial markets cheered the news. Then reality set in as investors, realizing that continuing to pour cash into hopelessly dysfunctional Greece would only diminish the Eurozone’s chances of saving other beleaguered members, drove Spain’s borrowing rates to record highs.
The European situation is so bad that near zero yield US Treasury Bills, issued by a country whose debt clock is registering US$15.8 trillion and spinning ahead at over US$1.3 trillion per year, are viewed as a safe haven.

And the chances of slowing down the U.S. debt clock are small indeed. As social program entitlements make up half of expenditures balancing the budget would mean cutting all other expenditures by a staggering 70 per cent. Austrian economist Friedrich Hayek summed up the entitlements problem in his famous book The Road to Serfdom, “If you guarantee to some a fixed part of a variable cake, the share left to the rest is bound to fluctuate proportionally more than the size of the whole”.

Here;  http://www.troymedia.com/blog/2012/07/03/the-rise-of-the-entitlement-class-and-the-fall-of-democracy/

I'm pretty sure Obama does not have a solution, that voters will enjoy, to get us out of $17 trillion of public debt and $50 trillion of unfunded promises made over the past 40 years.

I'm pretty sure that Romney does not have a solution, that voters will enjoy, to get us out of $17 trillion of public debt and $50 trillion of unfunded promises made over the past 40 years.

So who can save us then??  ONLY the God of Abraham, Isaac and Jacob.  And what percentage of voters in the USA do you think actually FEAR the God of Abraham, Isaac and Jacob?

Exactly.