America slashed her wrist on November 6, 2008. Will she slash the other one on November 6, 2012? I don't know, but just for the fact that I have to even ask, it's pretty much over. You can't fight reality. You can only improvise and adjust.
A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.
-Alexis de Tocqueville.
Get prepared. Try to own your home -- you don't want a bank or anyone else to be able to legally confiscate your property. If you can have a well, that's awesome. If not make sure you have a reserve. Have a years worth of canned goods and preservatives. Make sure your home is located at least 25 miles from any public housing or public transportation. have an off road vehicle and a reserve of fuel. You don't need alot of guns, just one for each family member and have LOTS of ammo.