The Pledge of Allegiance is un-American

Shouldn't the government pledge allegiance to the people rather than the other way around?
Here's the author's ( Michael Lind) version:

We hold these truths to be self-evident, that all men are created equal, that they are endowed with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. -- That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. -- That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundations on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. And for the support of these principles, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.