red guard

I had a young Chinese guy in the cab a few days ago. A Tulane student going to the airport for Christmas break. He said he was Chinese so I asked "Shanghai?". He said yes, it was a beautiful city. I said "Red Guard". He laughed and said that his papa had been a red guard.

Capitalism leads to Communism

Wall Street Journals Marketwatch:
As free-market-loving Americans, we all know overregulating an economy amounts to socialism. We're now discovering what happens when you underregulate -- communism.