http://dailyreckoning.com/the-true-victims-of-government-stupidity/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 03:39:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://dailyreckoning.com/the-true-victims-of-government-stupidity/#comment-22932 Simulation Training Sun, 06 Sep 2009 16:49:09 +0000 http://dailyreckoning.com/?p=17684#comment-22932 ‘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.’ (quote attributed to Alexander Tyler, Scottish economist) ‘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.’ (quote attributed to Alexander Tyler, Scottish economist)

]]> http://dailyreckoning.com/the-true-victims-of-government-stupidity/#comment-17717 Lost & Found Fri, 07 Aug 2009 20:09:42 +0000 http://dailyreckoning.com/?p=17684#comment-17717 Please send Congressman Rangel a copy of this. He deserves it. Please send Congressman Rangel a copy of this. He deserves it.

]]>