When James Madison read his way through the histories of all the then-known republics, he realized that every single one had failed. He did his best to write a constitution for a republic that would not fail. He did well, providing the basis for a republic that has now seemingly lasted for 225 years. But Madison’s republic has not truly existed since FDRs New Deal, and certainly has decayed beyond belief during the first 12 years of the 21st century.
A republic that cannot balance its government books is destined to die, either through utter internal decay or through overthrow by ultimately concerned rebels. If Washington does not mend its fiscal extravaganza, my prediction is that this Republic of the United States will disintegrate or be removed by no later than 2050. By then the United States will confront the fiscal chaos of Greece. And no one will bail out the humungous mess that the government of this corrupted republic will have produced.
Today’s posturing by the cellophane man who occupies the White House, and by the self-serving congressional morons of both political parties who supposedly represent the people, should be evidence enough to any educated mind that the rot is deep and irretrievable. Any deal enacted into law, probably tomorrow to protect those fragile GOP egos from the wrath of the un-elected Grover Norquist, will piddle around the edges of the problem.
Wake up and smell the fiscal coffin, Americans. The US federal deficit runs at $1 trillion per annum, as far as the eye can see. The so-called deal that will ring in the New Year provides for a debt reduction almost in the error terms of the annual federal budget.
Do not send to ask for whom the New Year bell tolls. It tolls for all of thee.