In many ways, this crisis reminds me of another crisis of morality, the crisis many refer to as that which was brought about by a "sex without consequences" mentality which underpinned the so-called sexual revolution. [...]
And so it is with the financial crisis: the quick gratification of instant wealth was a siren whose song couldn't be ignored, and the allure of "wealth without consequences" became a powerful temptation to far too many people. But there are always consequences to our bad actions. It may be that the innocent will suffer more than the guilty, or that the consequences will be delayed by as much as a whole generation--yet sooner or later, the bill for sin will come due, and will cost far more than we ever gained from our sinful actions.
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