Well congratulations! You are now! Except for one thing: after a few non-lethal union concessions, Detroit got the State to bail them and their pensions out. Greece just said “no” to the EU’s demand for concessions, so…this should be fun.
Hard to believe isn’t it? The country that founded democracy has discovered how to destroy it. Well actually, Alexis de Tocqueville identified that mechanism a couple of centuries ago:
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.”
And we’ve been implementing it incrementally ever since:
Cross-Posted on Patriot Action Network