Faith in America's ordinary people

In the comments section (October 7, 9:01AM), Wretchard, host of The Belmont Club, referring to an article by Spengler in the Asian Times.online, writes, "He tries to explain why, in the midst of the global crisis, money is fleeing into the US from Europe and much of Asia."

What does America have that Asia doesn’t have? The answer is, Sarah Palin - not Sarah Palin the vice presidential candidate, but Sarah Palin the “hockey mom” turned small-town mayor and reforming Alaska governor. All the PhDs and MBAs in the world can’t make a capital market work, but ordinary people like Sarah Palin can. Laws depend on the will of the people to enforce them. It is the initiative of ordinary people that makes America’s political system the world’s most reliable.

America is the heir to a long tradition of Anglo-Saxon law that began with jury trial and the Magna Carta and continued through the English Revolution of the 17th century and the American Revolution of the 18th. Ordinary people like Palin are the bearers of this tradition.

Wretchard continues, "In other words, Spengler is arguing that the world is intuitively trusting the American people to do what their own cultures can’t: reject despotism, reject doctrinaire ideology; reject snake oil. And if that — to the readers of this site at least — suggests rejecting the One, it also means rejecting what Jay Cost [at RealClear Politics] called the “Party of Banking”: the business-as-usual Republicans. It’s a pretty touching faith, and I’m unsure whether a population sedated with political correctness can muster the energy or acuity any more, but there it is: America even in its crisis represents the 'last best hope' against storm beating on the windows of the world. BTW, the 'windows on the world' was the name of a restaurant on the top floors of the World Trade Center."