Loose fiscal policy is said to doom democracies to despotism


GIVE ME! GIVE ME! GIVE ME SOME MORE! What ever happened to sacrifice and service? What ever happened to looking out for our fellowman? What has happened to this once great country?

Oh yeah I remember….. WELFARE! aka socialism!

clipped from www.csmonitor.com
“A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from
the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from
the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always
followed by a dictatorship….

“Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from
liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy
to dependence, from dependence back again to bondage.”

Have we gone from “rugged individualism” to the complacency or even dependency of the national trajectory quoted above?


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