UPDATE: This says it rather well:
As comedian Jackie Mason quipped recently,
"If I inherited a fire, does that mean I have to make the fire bigger and worse?"
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Well, I got a couple of comments on my Notable Quotes – Jerry Pournelle post. It seems that part of that quotation stuck out:
…Republics stand until the citizens begin to vote themselves largess from the public treasury….
And our friend, Michael Kitch, left a bit of a comment:
Can you offer an example of a modern (say after 1500) "republic" that has undergone the experience described in the quotation? BTW, since Weimar succumbed to a myriad of other forces, it doesn’t count.
Well, the Weimar would have been one of my examples of the modern age…
Well, Mike, I have an idea that your Big Government Cousin, President Obama with his ideological bent of sharing the hard earned wealth of the productive members of society (as well as our children and grandchildren’s wealth), is certainly going to try to prove it true (from Heritage via InstaPundit):

And yes, by voting for his campaign promises, citizens are voting the largesse of the treasury. If Obama’s ideas, actuated by the voters putting him into office, go forward, there will be nothing in the Treasury…
God save us all….for Obama will not. I think that this also shows that for all of the carping that Obama is doing about "inheriting" a mess, his vaunted "fiscal responsibility" are just mere words…
Go ahead, Mike, be an apologist for Obama’s budget and deficit mess! Tell me, with these staggering amounts of debt that can rise to 80% of GDP if it plays out, what condition will the US of A be in?

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