What do you think will happen bad next in our country with the economy?

Get ready for the following:

IT’S ON ITS INEVITABLE WAY!

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."

“We are in step #8 and it will come about before the end of this century!”

I predicted that right after the GWB election of 2000, without having any knowledge of the signaled thoughts mentioned above by Professor Tyler. Added to the above sound thoughts were some comments, allegedly made by an American law professor, after the elections of 2000, which I considered politically bias and I had them removed. In any case, I stated my concerns a couple of months after the 911 calamity and had them sent to GWB as well as to his secretaries of State and Defense, in a lengthy computer written letter, but as is customary by those in power I was ignored and received no response from any of them!

It will stay the same for a while, bankers don't want to lend money to people who may lose their jobs. When people lose their jobs, they don't pay their car payments, house payments, credit card balances, not good. Lowering the interest rate won't help

Obama will raise taxes