Tuesday, September 16, 2008
Ralph Was Right, Again
Christopher Hayes at The Nation's Capitolism notes that eight years ago Ralph Nader foresaw the current financial collapse.
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"But I go on this great republican principle, that the people will have virtue and intelligence to select men of virtue and wisdom. Is there no virtue among us? If there be not, we are in a wretched situation. No theoretical checks—no form of government can render us secure. To suppose that any form of government will secure liberty or happiness without any virtue in the people, is a chimerical idea." --James Madison, 1788
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