1/26/10

What is a capitalist democracy that subsidizes to eliminate failure?

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…


with the result that every democracy


will finally collapse due to loose fiscal policy…


 


…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.


 


Unknown


Is the federal government stabilizing the economy


by borrowing from relatively younger voters and their children


who may not reap the prosperity of their parents?


 


If power can corrupt a few,


can apathy devastate many?


 


The problem with socialism


is that you eventually run out of other peoples money.


 


Margaret Thatcher

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