"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy."

--Elmer T. Peterson (1884-1969), "This is the Hard Core of Freedom" The Daily Oklahoman (9 December 1951)

( Often misattributed to Alexis de Tocqueville as "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money." )

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