By now we all know that our president is an intelligent man. He understands that if California can fall into the abyss from overspending, so can we all. The only difference is that our country has no one to bail us out.
After our country implodes, he envisions a new country rising from the ashes -- one with the concept of "from each according to his ability, to each according to his needs." What charismatic leader shall be at the helm of this transformed nation? Our president himself, of course.
Is that a little red book sticking out of his coat pocket?
Source: Memphis Commercial Appeal