Okay, one more, courtesy of reader Danby down in the comboxes
The next Treasury Secretary could, under this act, order Goldman Sachs to sell $1billion worth of stocks to Morgan Stanley at $1. The order would be lawful under the act, there would be no appeal, and no court could intervene. Consider that just about every medium and large company in the country does such things as issue bonds and offer stock options to it's employees. That's enough to qualify. If that's not straight dictatorship, I don't know what is.
And this insightful quote from Chesterton:
If there is one fact we really can prove, from the history that we really do know, it is that despotism can be a development, often a late development and very often indeed the end of societies that have been highly democratic. A despotism may almost be defined as a tired democracy. As fatigue falls on a community, the citizens are less inclined for that eternal vigilance which has truly been called the price of liberty; and they prefer to arm only one single sentinel to watch the city while they sleep.
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