In response to:

Our Nation's Future

sovereignslave Wrote: Jun 05, 2012 11:08 PM
That end Franklin spoke of began in 1913; the 17th Amendment has brought us to a national crisis with the all-consuming entitlement mentality. And yes, it looks as though we've come too far to turn back now.

Our nation is rapidly approaching a point from which there's little chance to avoid a financial collapse. The heart of our problem can be seen as a tragedy of the commons. That's a set of circumstances when something is commonly owned and individuals acting rationally in their own self-interest produce a set of results that's inimical to everyone's long-term interest. Let's look at an example of the tragedy of the commons phenomenon and then apply it to our national problem.

Imagine there are 100 cattlemen all having an equal right to graze their herds on 1,000 acres of commonly...