That is a good quote and provides a lot to think about. The first sentence:
“Sir, there are two passions which have a powerful influence on the affairs of men. These are ambition and avarice; the love of power, and the love of money.”
People on the left are all about money, wealth and “greed,” but have no concern about the concentration of power.
“Separately each of these has great force in prompting men to action; but when united in view of the same object, they have in many minds the most violent effects.”
The two almost inevitably come together. “Crony capitalism” is a misnomer, IMO, it should be called crony socialism. And have you ever noticed how often socialist leaders and their children become rich?
The entire quote shows the permanence of human nature and the intelligence and wisdom of those who founded this nation.
Your entire analysis is spot on ChessExpert…and "crony socialism" is exactly what it should be called. Those are cronyists and socialists denigrating capitalism and the freedom of the individual. They have cleverly amplified that lie and repeated that meme. I cringe whenever anyone on the supposed "right" utters the phrase. They are either ignorant - just mindlessly repeating a marxist meme, or are crony socialists themselves.
HOORAY Chess Expert
Crony socialists ALERT