The New York Times' Nicholas Kristof penned an op-ed titled Our Banana Republic. It seems to me the that Tea Party and the Republican Party, true to the American tradition of leadership, are hell-bent on making the United States "number one!" Among Banana Republics, that is.
P.S. If you are wondering why I used corruption as a label, it goes without saying that you do not become a true Banana Republic without a corrupt political system. It's just that here we call it "lobbying" Congress.