Once People Doubt the Legitimacy of Our Government, It’s Over

Mac Slavo- January 28th, 2011
Comments 48

Porter Stansberry, in the S & A Digest, warns that the turning point in America will come when the people realize that their government is corrupt and illegitimate. http://www.stansberryresearch.com/pub/digest/

That day is rapidly approaching.

Via The Daily Crux: http://www.thedailycrux.com/

…remember this: Our State, as powerful as it is, relies on an assumption that’s made collectively by millions of Americans.

We must believe the people we saw on TV [Tuesday night's State of the Union] are fundamentally good and honest people. We must never come to doubt the character of those people or the process they used to gain power.

If that happens, our State, even though it’s the most powerful in the world, could quickly collapse. It is nothing without the consent of the governed. And our consent depends entirely on its legitimacy.

I believe our government is in imminent danger of losing its legitimacy. Why?

Our federal government is bankrupt and threatening to bankrupt several generations of Americans. At some point – one that is rapidly approaching –Americans will repudiate these debts and the legitimacy of the government that incurred them.

Unaffordable foreign debts and the obvious perfidy of “quantitative easingâ€