“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 will always vote for the candidates who promise the most benefits from the public treasury, with the result that, every democracy will 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, those 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.”
Those words have been attributed to many different authors over the years. It is still unclear who really wrote them. Pretty eye-opening stuff. Even though we are actually a Republic, rather than a Democracy, the observation carries the same implication. I was going to offer my comments on the statement, but rather than doing that, I would ask each of you to read it again, and again if necessary, and then forward it on to a friend.
Click on the envelope below to forward.
