The Threat Of Hell

clipped from www.davidwarrenonline.com Bailouts, which include "stimulus packages" that direct income to people who have not earned it, are, alas, integral to the cumbersome machinery by which the Nanny State spreads moral jeopardy. They subvert the moral and economic order, simultaneously, as Jerry Taylor of the Cato Institute explained with wonderful concision recently: "Capitalism without the threat of bankruptcy is like Christianity without the threat of hell. It doesn't work very well." President Obama can be more easily forgiven than Bush, to the extent that he is indeed a glittering fog of pretty words, with no idea what he is doing. Mr. Iacocca's rant was against failures of leadership. It is that a leader must be a lonely man. He must defend the truth, alone if necessary. He must win his people over to the truth, by every honest means at his disposal, or go down trying. It is when we don't have leaders like that, that we have messes like this.