The Emperor will walk down the street nakedness, and his courtiers will heap endless praise upon his beautiful new clothes.
He cannot be removed without Republican support, and most elected Republicans would cheer him if he dropped his pants and shat on the original copy of the constitution

I don't know that it's true that only Sauron could use it like that; if a being of sufficient power (Gandalf, Saruman, maybe Galadriel) had claimed it they might be able to, but whatever they built would turn to evil purpose

True, but Sauron uses it to build Barad-dur, so it can be used to build things.