TERM LIMITS

    Admission of the fact that the voting patterns of the people or that the desires and wishes of the people who vote influences the behavior of elected office holders is not only an acknowledgement of the superiority of a Republican form of government whether it is recognized as such or not by the people who are opposed to term limits, but it is also an acknowledgement of the absolute need for term limits in order to preserve our Constitutional Republic.

    The foundation of the theory of a representative Republic as a form of government is that voters will elect people of the highest moral character, the most experienced, the best educated, or the most intellectually gifted people among those seeking office with the express premise that once elected, the office holders will use their superior judgment to do what the collective wisdom of the office holders deems to be right or in the best interests of the people regardless of any conflicts with public opinion or public preferences that might occur. In a representative democracy, voters tend to re-elect the office holders most responsive to the voting public. In the absence of Term Limits, Gresham's Law (bad money drives out good) applies to politics and politicians; just as it does to money. It follows therefore that Term Limits becomes the "gold standard" of a representative Republic.

    History is unambiguous; democracies inevitably degenerate into a tyranny of the majority that collapses in either a bankruptcy or hyperinflation that destroys not only the wealth of the country, but also the wealth of its citizens. In contrast, as the freest and greatest nation in the history of the world, the first 120 years of the American Republic allowed the people of the United States to raise the standard of living for the entire world by a greater amount than all of the combined countries of the world in all of recorded history up to that time. Furthermore, the Gokhale-Smetters report provides the evidence needed to conclude that the next century (1912-2006 and counting) of slow but steady conversion from a representative republic to a representative democracy has brought the United States to the brink of the inevitable fate of all democracies as warned by the Founders of the Republic.