Is Burke’s speech an insightful window into the American mind of the late eighteenth century and beyond?

Read Edmund Burke’s Speech on Conciliation with America.

In a speech before Parliament just weeks before the beginning of the American Revolution, British statesman and philosopher, Edmund Burke, declared the “fierce spirit of liberty is stronger in the English colonies probably than in any other people of the earth.” He went on to list and explain the “great variety of powerful causes” that produced this unique American personality.

In an extended short answer (perhaps more like a very brief essay), please summarize the causes Burke enumerates, and then briefly offer your reaction to his assertions. Is Burke’s speech an insightful window into the American mind of the late eighteenth century and beyond? Or does he have us wrong?