He went on to crush the idea of a boundary between the parties. "You and I are told increasingly we have to choose between a left and a right," he said. "Well, I'd like to suggest that there is no such thing as a left or right. There's only an up and down -- (up) man's (age-old) dream, the ultimate in individual consistent with law and order, or down to the ant heap of totalitarianism."
While clearly outlining a choice, Reagan differentiated between good motives and bad outcomes. "Regardless of their sincerity, of their humanitarian motives, those who would trade our freedom for security have embarked on this downward course," he said.
When talking about a government that could solve problems through centralization, Reagan noted, "This was the very thing the Founding Fathers sought to minimize. They knew that governments don't control things. A government can't control the economy without controlling people. And they know when a government sets out to do that, it must use force and coercion to achieve its purpose."
In a line that could be used in today's economy, Reagan stated that "we've sought to solve the problem of unemployment through government planning, and the more the plans fail, the more the planners plan."
Every generation has a rendezvous with destiny, where we can "preserve for our children this last, best hope for man on earth, or we'll sentence them to take the last step into a thousand years of darkness." We will have to see if we have a candidate who can, as Margaret Thatcher said, first win the argument and then win the vote.