Actually, I think this process started a full century ago, with Wilsonian Progressivism. With amazing dedication, the Left stuck to their game plan, winning with Social Security, Medicare, an activist SCOTUS, an embedded free education system that tore children away from the values of their parents, entitlements without limit, class warfare, unchecked illegal immigration and now Obamacare. They really have won. Until a major catalyst occurs (financial, an attack on a major city, natural disaster, etc.), we will kick the can until there is a viable alternative to the dollar as a reserve currency. Right now, there is nothing close to the dollar, as bad as it is.