"It profits me but little that a vigilant authority always protects the tranquillity of my pleasures and constantly averts all dangers from my path, without my care or concern, if this same authority is the absolute master of my liberty and my life."

--Alexis de Tocqueville, Democracy in America

Wednesday, November 7, 2012

A Vote for Taking, not Making

More from the Fox News exit poll:

Essentially, this was a vote by people who are either poor or unemployed or employed in jobs that aren't very productive, if by productive you mean the value of what you offer in the free market that free people are willing to pay you for.  

A vote for taking, not making.   We have become the nation Tocqueville feared:

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years.”

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