The Greater Fool Theory On Presidents and Voters

The voters have spoken but what have they said?

The following view on how the U.S. is viewed by one Czech analyst appeared on Peter Grandich’s website.  Never underestimate the power of the American public to vote with their pocketbooks while ignoring the larger fundamental economic issues which ultimately threaten the wealth of all Americans.  The beguiling theory that everyone should live life at a certain level of comfort while remaining unburdened with the task of paying for those comforts has resulted in the extinction of the theories of individual responsibility and living within your means.

This quote came from the Czech Republic . Someone over there has it figured out. It was translated into English from an article in the Prague newspaper Prager Zeitungon:

“The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America . Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools, such as those who made him their president.”