"The message coming out of Tampa was not Tea Party extremism. It was just a reassertion of the basic values of American political culture: self-determination, individual aspiration and genuine community, as opposed to belief in the state as the fount of all social virtue."

The magic formula in which the wealth produced by the market economy is redistributed by the state â€" from those who produce it to those whom the government believes deserve it â€" has gone bust.

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