For quite some time, I have tried to put certain thoughts into words. Today, during a chance visit to Laurence Hunt's Blog, I came across these quotes:
"A democracy can only exist until the voters discover that they can vote themselves money from the public treasury. From that moment on, the majority always votes for the candidates promising the most money from the public treasury." (Alexander Tyler)
"The American Republic will endure, until politicians realize they can bribe the people with their own money." (Alexis de Tocqueville)
These quotes highlight the greatest flaw in democracy. I worry that the situation described in the second quote has already happened.