Let every American, every lover of liberty, every well wisher to his posterity, swear by the blood of the Revolution, never to violate in the least particular, the laws of the country; and never to tolerate their violation by others.

As the patriots of seventy-six did to the support of the Declaration of Independence, so to the support of the Constitution and Laws, let every American pledge his life, his property, and his sacred honor; let every man remember that to violate the law, is to trample on the blood of his father, and to tear the charter of his own, and his children's liberty.

Let reverence for the laws, be breathed by every American mother, to the lisping babe, that prattles on her lap; let it be taught in schools, in seminaries, and in colleges; let it be written in Primers, spelling books, and in Almanacs; let it be preached from the pulpit, proclaimed in legislative halls, and enforced in courts of justice. And, in short, let it become the political religion of the nation; and Let the old and the young, the rich and the poor, the grave and the gay, of all sexes and tongues, and colors and conditions, sacrifice unceasingly upon its altars.

While ever a state of feeling, such as this, shall universally, or even, very generally prevail throughout the nation, vain will be every effort, and fruitless every attempt, to subvert our national freedom.

- Abraham Lincoln, January 27, 1838
  Address Before the Young Men's Lyceum of Springfield, Illinois

Monday, September 15, 2008

Burn baby burn

From Mother Jones:

While you were sleeping, the landscape of the US financial system changed dramatically. CNBC is calling it, "The biggest shakeup in the history of the US financial system." The country is in a "once-in-a century" financial crisis, former Federal Reserve chairman Alan Greenspan said on ABC's "This Week" on Sunday. The New York Times reported late Sunday that Bank of America has reached a $44 billion deal to buy troubled investment firm Merrill Lynch. Another firm wasn't so lucky: Unable to find a buyer over the weekend, 158-year-old investment bank Lehman Brothers filed for bankruptcy Monday morning. Lehman's liquidation will mark the largest collapse of a Wall Street bank since Drexel Burnham Lambert folded in the wake of the junk bond scandal almost two decades ago.

I have to wonder when I hear Greenspan calling this a 'once in a century financial crisis.' Aren't we only 8 years into this century? When Bush took over from Clinton, the economy was booming and most Americans were prospering. We even had a budget surplus.

Ah, the golden years.

Suddenly we're having a 'once in a century, financial crisis,' 8 years into GOP rule. Shocker. Eight years of GOP mismanagement and looting - while their corporate buddies have run amok without government oversight - and now the check is due. Enron on a massive scale. Are we supposed to be surprised by this?

I love how they're taking it out of our treasury too. Our taxes.

If one of us should go bankrupt, why, ask any GOP 'representative,' and they'll tell you that its our own fault. Don't you love that double standard?

They gutted bankrupcy protection for regular Americans on behalf of their banking and credit card lobbyists. Now that their buddies, the banks and mortgage companies are trapped by their own flagrant, fiscal irresponsibility... we're supposed to say 'sure, no problem,' and bail them out from the national treasury.

Gotta love America.

This is the child of GOP, corporate greed. It stinks, it's dirty, hungry and squalling; and it badly needs a diaper change. Sure they no longer want it. They think they can dump it on our doorstep.

Sorry -- no sympathy here. Are CEOs losing their houses? Their pensions? Are they even selling their 5th, 6th or 7th houses -- giving up a single yacht? Or are they simply cashing out while we foot the bill for their excesses?

Oh joy: another happy tidbit just landed in my inbasket:

Breaking News Alert
The New York Times
Monday, September 15, 2008 -- 4:08 PM ET

News Alert: Dow Closes Down More Than 500 Points

The Dow Jones industrial average fell more than 500 points on Monday in the first day of investor reaction to some of the most dramatic developments in the history of high finance.

If Obama can't win now... he shouldn't even be running.

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