What happened on Nov. 6th 2012 was really quite simply, Alexis de Tocqueville’s warning issued in 1835 became a reality in the United states of America.
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.”
― Alexis de Tocqueville
How long before America falls into a dictatorship, well that really is the question now isn’t it. Enough of a plurality of American’s have voted themselves the largesse from the public treasury that the results of their actions simply have become inevitable, we are left now with the slide towards the inescapable.
EDIT: As pointed out by Bartrams Garden in the comments, This Quote is actually from Alexander Fraser Tytler in “This is the Hard Core of Freedom” by Elmer T. Peterson in The Daily Oklahoman (9 December 1951):