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WHY A REPUBLIC?

In his 1770 book, Cycle of Democracy, Alexander Tyler wrote, "Democracy cannot exist as a permanent form of government. It can only exist until the voters discover they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising them the most benefits from the public treasury, with teh results that a democracy always collapses over a loose fiscal responsibility, always followed by a dictatorship.The average of the world's great civilizations before they decline has been 200 years.These nations have progressed in this sequence: From bondage to spiritual faith; from spiritual faith to great courage; from courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependency; from dependency back again to bondage."