Nightmare Scenarios for Obama's 2nd Term

Townhall.com ^ | November 19, 2012 | Mike Shedlock

[Lou L]

Failure to address pension problems in US

This one sits oddly with me...I don't deny there are likely some seriously under-funded government pension plans, including teachers and other public workers. There are problems with Social Security, which is the primary retirement income source for far too many Americans, but I'm wary of talk of a government solution to this, because I know there are potentially trillions of dollars' worth of 401(k) and IRAs out there. And I also know that rather than be thankful to some of us for being responsible enough to save, there are socialists out there who claim we're getting too good of a deal--we're getting "tax breaks" in the form of pre-tax contributions, and the ability to defer interest and capital gains. Those socialists want this money...so badly, they're salivating.

[redpoll]

>>>We are Rome.<<<

Then consider this... the death of the republic was not the end of Rome. On the contrary, after a civil war, the Romans themselves gave Augustus the power of emperor, whose first act was the restoration of the Republic, the irony of a dictator restoring liberty notwithstanding.

I can easily see a scenario that goes like this... yes, we have a climactic battle for the republic and the Constitution, and, yes, we win, but we carry on the federalization of institutions from the previous era. Everyone sounds conservative, but the state reigns supreme anyway. Then we can face the world and go Roman on our enemies in a big way. Maybe there would even be two centuries (or more) of a Pax Americana. It’s worthy to note that the Romans were still around when Columbus went on his voyages. The death of our republic may just be one of the stages in our national story.

Still... God help us.