Interesting read at Ferfal's blog.....
It could happen here. In fact, as he pints out, it IS happening here.
We elected the politician he talked about (more than one, actually) and his experiences in Argentina demonstrate that the US is following a similar path.
Will we end up in the same place? Who knows? But we are firmly on the same path, and we are now electing the same types of leaders that the Argentines already have.
Some places in large cities in the US already have the conditions of which he speaks.