Avarice And Ambition

clipped from www.realclearpolitics.com In short, this generation of political and financial elites has proven itself unfit to govern a great nation. What we have is a system failure that is rooted in a societal failure. Behind our disaster lie the greed, stupidity and incompetence of the leadership of a generation. Is Obama willing to speak hard truths? Is he willing to say that home ownership is for those with sound credit and solid jobs? Is he willing to say that credit, whether for auto loans, or student loans, or consumer purchases, should be restricted to those who have shown the maturity to manage debt -- and no others need apply? "Avarice, ambition," warned John Adams, "would break the strongest cords of our Constitution as a whale goes through a net. Our Constitution is made only for a moral and religious people. It is wholly inadequate to the government of any other." In this deepening crisis, what is being tested is not simply the resilience of capitalism, but the character of a people.

I can't remember ever having quoted anything from Buchanan. I have to give him his due on this one though...