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The most important and popular social and tax programs in the United States are threatened by a self-styled “Bipartisan National Commission on Fiscal Responsibility and Reform”.

Introduction: The November 2, 2010 electoral debacle of the Democratic Party in the US cannot be solely ascribed to the failed policies of President Obama, the Congressional leadership or their senior economic advisers.

Paper presented at the Third Conference Civilization or Barbarism, Serpa, Portugal. October 30 to November 1, 2010