American is trillions of dollars in debt
By Daniel at 3 September, 2008, 10:07 pm
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Well, American is trillions of dollars in debt. Is that close enough to bankruptcy for you? Of course we are supposed to be a representative republic, but I digress…..
One more time folks……..
About the time our original thirteen states adopted their new
constitution in 1787, Alexander Tyler, a Scottish history professor at the University of Edinburgh , had this to say about the fall of the
Athenian Republic some 2,000 years earlier:
‘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 they can vote themselves generous gifts from the public
treasury.’
‘From that moment on, the majority always vote for the candidates who
promise the most benefits from the public treasury, with the result that every democracy will finally 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:
1. from bondage to spiritual faith;
2. from spiritual faith to great courage;
3. from courage to liberty;
4. from liberty to abundance;
5. from abundance to complacency;
6. from complacency to apathy;
7. from apathy to dependence;
8. from dependence back into bondage;
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And debt is bondage folks. The borrower is a slave to a lender. Prov. 22:7
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