"A democracy cannot exist as a permanent form of government. It can exist until the voters discover that they can vote themselves largess from the public treasury. From that moment on, the majority always votes for the candidates promising them the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy."
Alexander Tyler- 1770
We need to wake up!!!! or is it too late?
Friday, July 31, 2009
Alexander Tyler's Prophecy
Labels:
Alexander Tyler,
collapse,
democracy,
fiscal plicy,
government,
treasury,
wake up
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