From Chalmers Johnson:
What does this administration think it's doing, reducing taxes when it needs to be reducing huge deficits? As far as I can see, its policies have nothing to do with Republican or Democratic ideology, except that its opposite would be traditional, old Republican conservatism, in the sense of being fiscally responsible, not wasting our money on aircraft carriers or other nonproductive things. . . .
If a bankruptcy situation doesn't shake us up, then I fear we will, as an author I admire wrote the other day, be "crying for the coup." We could end the way the Roman Republic ended. When the chaos, the instability become too great, you turn it over to a single man. After about the same length of time our republic has been in existence, the Roman Republic got itself in that hole by inadvertently, thoughtlessly acquiring an empire they didn't need and weren't able to administer, that kept them at war all the time. Ultimately, it caught up with them. I can't see how we would be immune to a Julius Caesar, to a militarist who acts the populist. Read more here.
Who knows what's going to happen, but for sure it can't keep going on the way it is now. Something's got to give. But I can't help but wonder if we're dealing here with our own Christian evangelical style of Caligula. How will future historians look upon this time?