“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."
Wednesday, September 24, 2008
Rumblings. Congress Needs to Act on Pending Financial Collapse
Forget how we got here. Forget who did it. Forget who will benefit. The rumblings are unmistakable. Time is short. Without action the entire financial system is coming down. There will be no place to hide.
We need leadership to make decisions that will be unpopular and probably finish political careers. That is the type of men we need but not what we have.
Courage and action. We are down to days.