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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (212359)	7/24/2009 5:26:04 PM
From: Oblomov	Read Replies (4) \| Respond to of 306849

I agree with everything you wrote here. Nonetheless, an obstacle to achieving the sort of country that others might admire is the emergence of a permanent political class that has interests distinct from the people it supposedly represents. A political class has always existed, but as federal power has grown, the political class has grown in power, and has erected a massive media-political complex to insulate it from accountability. The problem with this is that accountability can't simply be introduced, like one adds yeast to dough to leaven it. Power over other people is by its nature a corrupting influence. Overweened federal power, which is based on the promise that future generations will pay for current-day services, is a bubble. It is perhaps the bubble that Americans will be least willing to allow to pop, but it will pop. The way out is not necessarily an absence of government, but rather a radical devolution of power to the lowest feasible level. But this will not be done, because it would require the people to conduct themselves in a manner consistent with true self-government. It would require individual responsibility. Instead, the bubble will continue to grow, and will eventually pop. This will create profound civil unrest. It will catch everyone by surprise...it will be said that "no one could have forseen this". A corrupt ruler always claims that he couldn't have forseen an approaching calamity.