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

Thursday, September 18, 2008

I read the news today - oh boy (Thursday edition, pt. 2)

Crash crash crash (sound of scurrying feet.)

Today's news blurb from the New York Times is even more dire in tone:

Stocks Slump as Investors Run to Safety

The financial crisis entered a potentially dangerous new phase as investors worldwide frantically moved their money into the safest investments, like Treasury bills.

As Fears Grow, Wall St. Titans See Shares Fall

Morgan Stanley and Goldman Sachs were considered to be in a separate class from weaker banks like Bear Stearns and Lehman Brothers that saw themselves evaporate.

Words and phrases we don't normally see associated with Wall Street: 'run to safety,' frantically,' 'dangerous,' 'fears,' 'weaker banks,' and 'evaporate.'

It's going to be another bad day in the office for our nation's movers, shakers and brokers.

Labels: , , ,


Post a Comment

Links to this post:

Create a Link

<< Home