Most of the country diagrees with me. I hope they are right and I was wrong.
I am going to make an honest effort to give President Elect Obama a chance. Lord knows he will need the support with a crumbling economy, rising unemployment, people all around the world that want to kill us in the name of Muhammad, and Russia, China, and Iran circling like sharks in the water as our democracy begins it's descent from a good and decent, if imperfect, world power.
I will afford him every acknowledgement of good dealings, legislation, and effort.
I hope with all my heart that I was blind and now I will see.
I will honestly try. However the good thing about the internet, or the bad thing I suppose, is that years from now I will be able to look back and see if I was right, or if they were right.
In 1747, Dr Alexander Tytler, a Scottish proffessor wrote the following:
"A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. 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. The average age of the world's greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage. "
Travis and I discussed this cycle about 6 years ago and came to the conclusion that we were likely in our Apathetic stage.
When I see multi billion dollar company's CEOs getting out of their coorporate jets with tin cups in their hand begging for money from the tax payers, I am afraid we have entered Dependence.
National debt 1994 - $4,500,000,000,000.00
National Debt October 2007 - $9,060,000,000,000.00
National Debt October 2008 - $10,300,000,000,000.00
God speed, President Obama, may you keep all of your campaign promises and still manage to reverse the cycle, I will gladly stand up and proclaim my eys are open.
Tuesday, November 25, 2008
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2 comments:
Not to be a downer, but your numbers were actually generous. The current debt is 10 trillion, not 10 billion. These are serious times, indeed.
Thanks for the correction, just missed a few zeros, no different than those in charge I suppose!
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