Michael Lewis has an amazing look at what went on in Europe’s newest failed state. It’s a tale of corruption, influence-peddling, tax-evasion and populace spoiled rotten by a welfare state. Reading it, I can’t see any hope for Greece’s future.

Reading it, I’m also once again grateful that I live in this country. Greece is not unusual, it’s the norm of human history. Contempt for the rule of law, business through corruption and bribery have defined more countries than anything else. As bad a politics gets in this country, the corruption and influence peddling is small potatoes compared to what hit Greece. The Democrats may be selling us out to Big Labor and the Republicans may no clue about fiscal responsibility. But at least their honest about it.