Ringer: And here’s my odds based on what I know and see today

• The chances of a declared state of emergency and ensuing dictatorship prior to the 2010 elections: 25%

• The chances of a declared state of emergency and ensuing dictatorship prior to the 2012 elections: 50%

• The chances of the U.S. dollar becoming worthless within three years: 25%

• The chances of the U.S. dollar becoming worthless within ten years: 90%

• The chances of the Republicans cutting back on major entitlements if they regain power in the 2010 elections: Zero

• The chances of the Republicans cutting back on major entitlements if they win the presidency and an overwhelming majority in Congress in 2012: 5%

• The chances of the so-called tea-party people (i.e., everyday Americans who believe in liberty) winning out over the long haul: Hmm … let me procrastinate on that one a bit before I lay odds.