Sunday, September 30, 2012
Quote of the Day
“Soviet Communism spent 70
years trying to eradicate the transcendent support for virtue. It failed but
now post-Communist Russia struggles in the wake of that legacy to cultivate a
truly free society. And on our shores, in the wake of the financial crisis, we
see how quickly a deficit of virtue can lead from capitalism to cronyism, where
trust, courage, and entrepreneurial risk-taking and innovation give way to
corporate-government collusion, collapse, and subsequent calls for more of the
very medicine that accelerated the crisis — a nanny state that feeds on envy
while reaching its tentacles ever deeper into everything from the money supply
to the mortgage market.”