IT'S THE LITTLE RED BOOK THAT MAKES EVERYTHING WORK. John Fund's Journal editorial has a promising title -- "Why Bayh Is Quitting the Senate." It quotes Bayh, too -- 48 words' worth. It quotes 64 words by Ronald Reagan. Some of these are from Reagan's version of a John Dryden poem, but Fund also includes a 28-word quote from Larry Kudlow paraphrasing Reagan.

Reagan has sort of become like Confucius to these people -- everything they need to know about anything is in the Analects.