Anti Social

Been away so long I hardly knew the place
Gee it's good to be back home
Leave it till tomorrow to unpack my case
Honey disconnect the phone
--The Beatles

James Turk questions whether sovereign debt defaults signal the end of socialism. Doesn't seem eminent to me, but he's correct that insolvency of socialistic systems is inevitable.

He captures a few nice quotes about socialism/statism worthy of record for future reference.

"Socialism is workable only in heaven where it isn't needed, and in hell where they've got it."
--Cecil Palmer

"The State is that great fiction by which everyone tries to live at the expense of everyone else."
--Frederic Bastiat

"The problem with socialism is that you eventually run out of other people's money."
--Margaret Thatcher

"The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of socialism in the equal sharing of miseries."
--Winston Churchill

Would like to have specific cites for these...