"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasury. From that moment on, the majority always votes for the candidates promising the most money from the public treasury, with the result that the democracy always collapses over loose fiscal policy, followed by a dictatorship".
Alexander Tyler
ie folks: there ain't no such thing as a free lunch!!!!
Thursday, April 8, 2010
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