I'm convinced there is only three things that can save us at this point, and I'll give them in increasing probability (should you believe we're not lost already).
1) The conservatives (hopefully not repubs) win HUGE in '10. About a hundred seats change hands (and 15-20 senators) and this shit is stopped...dead. The ridiculously slow rate they're actually spending the money means it might be possible to reverse a lot of the damage in spending. (not if they pass socialized medicine though, more on that later). These conservatives wouldn't be able to rest complete control, but the dems would be so freaked out and The One so afraid he would be a one term wonder they'd all back off and suddenly discover a moderate side.
2) A wave of tax revolts sweep the country in the next six months. I think a little of this is already under way. Evidence? Tax receipts are down by $375 billion. Pew research says it shouldn't be more than $150-200 billion at this point. Glenn Beck had a guest the other day, a rare conservative actor named Craig T. Nelson (Coach) actually said he was considering the idea of stopping paying his taxes. What? Wow, really? Yes, and I think some are doing it already, or going Galt. The government loves nothing more than throwing anyone who doesn't pay their taxes in jail (unless your a dem, then you get a job and forgiveness). They love it so much it's usually front page news, especially around tax time. But what do they do if a million, two million, ten million of us stop paying taxes? Throw us all in jail? Maybe, if you believe in the conspiracy theorists talking about concentration camps. If this movement grows in strength, it could turn the tide.
3) The government gets its wet dream and passes socialized medicine. Why is this a big one? Because it's MY TIPPING POINT. If they do this, I'll spend the next six months (they'll have to wait at least that long to get it off the ground) saving every dime I can, quit my job, and start sucking as much free shit from the government as possible. Don't get me wrong, I'm not trying to take the government down, I'm just hurrying it along a little. I will also encourage as many others to do the same as well. This is 'going Galt' for our modern world. I will deny the beast my brain, my effort, my care for the countries government. At that point it is obvious that there are more bottom feeders than workers, so I don't care any more. I'll ride it out and wait to see what comes out the other side. And I know there will be millions more like me. They can't keep it up forever, not without money and our cooperation. The world economy will collapse without our buying, giving, and caring. It is all but inevitable.
I think the damage is done. The nation will never be the same again, there is no way they can put the shit back in the horse. You can't run up a debt bigger than the entire nations GDP and suggest there is a way to pay it off. This president has not spent more money in 100 days, than all the presidents before him in the last 30 years. Even FDR would be agog at what is going on. Hyper inflation is right around the corner. Our treasurer is in China begging them to buy our bonds. And after spending a couple billion they're now slobbering over the idea of national healthcare (conservative estimates, $2.5 trillion over the next five years). Bye bye baby.
Remember, elections have consequences.
Sic Semper Tyrannis