Spitzter's a Cad, But Doesn't Mean He's Wrong Here

Eliot Spitzer, in the New York Times:

"What happened in the last decade was a massive redistribution of wealth to people who did not create value, but simply moved assets around. You look at where we were in 1945 -- we were the only place in the world with skilled labor, with education, the rule of law, a middle class with the capacity to consume. Now we're not the center of the universe."