There is a quote attributed to Alexander Tyler floating around the Internet, it goes something like this:
Great nations rise and fall.
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse 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 a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations from the beginning of history, has been 200 years. During those 200 years, these nations always progressed through the following sequence...
Roy Beck's "Immigration Gumballs" presentation. It all starts with facts about our population makeup... | ||
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David Walker's
2007 "America's Financial Future" presentation.
The facts about our debt from America's accountant.
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Peter Schift
on the current economic meltdown and how we got there. Also see:
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© Craig Schomp