this is one way to put it

[MikeWaters]

The Krugmanites of the upper middle class are a bit like the liberal French aristocrats of 1789; they think that they and the sans-culottes are united against the high aristocrats and the abusers of the system. They don't realize that the sans-culottes have a much bigger agenda in mind. The largely liberal upper middle class faces a growing revolt from precisely those people it thinks that it serves, protects and guides. This is horrible news for those who think that a liberal state staffed by well paid (and better pensioned) upper middle class civil servants should guide, administer, enlighten and uplift the Great Unwashed.

Second, the complete collapse of any sense of dignity and restraint on the part of the banking elite is a devastating indictment of the moral failures of our educational system. For the last couple of generations we've tried something new in American history: we've been running the country (and its educational institutions) with an almost completely secularized elite. The results, frankly, are unimpressive enough to remind me of George Washington's warnings that republican government cannot survive unless both the people and their leaders accept the discipline of a serious religion. Individuals here and there can regulate their conduct by the lights of philosophy and reason alone, but those guides are too weak to keep most of us on the high road enough of the time. I think old George had a point here; virtue is the necessary foundation of freedom and for most people (not all), religion is the necessary foundation of virtue.

http://www.politico.com/arena/perm/W...431B59378.html