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.”