The federal debt and defecit spending



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Topic: Politics > Politics-USA
User: "Devils Advocate"
Date: 27 Mar 2006 09:53:36 PM
Object: The federal debt and defecit spending
"A democracy cannot exist as a permanent form of government. It
can exist only until the voters discover that they can vote
themselves largesse ( gifts ) 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. - Alexander Fraser Tytler (later Lord
Alexander Fraser Woodhouslee), in "The Decline and Fall of the
Athenian Republic," published 1776.
"We have allowed our constitutional republic to deteriorate into
a virtually unchecked direct democracy. Today's political process
is nothing more than a street fight between various groups
seeking to vote themselves other people's money. Individual
voters tend to support the candidate that promises them the most
federal loot in whatever form, rather than the candidate who will
uphold the rule of law." --Rep. Ron Paul
--
Devil's Advocate
.


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