October 09, 2008

Found on the internet, author unknown.

Four score and fifteen years ago our forefathers, Morgan and Rockefeller, brought forth on this continent a new bank, the Federal Reserve, conceived in secrecy and dedicated to the proposition that all men’s wealth is the banks’ wealth.

Now we are engaged in a great financial crisis, testing whether this bank, or any bank, so conceived and so dedicated, can long endure. We are met on a great market in that crisis. We have come to dedicate a portion of that market, as a final resting place for those corporations here that gave their wealth that the bank might live. It is altogether fitting and proper that we should do this.

But, in a larger sense, we can not dedicate – we can not consecrate – we can not hallow – this market. The leveraged corporations, solvent and bankrupt, who struggled here, have consecrated it, far above our poor power to add or detract. The world will little note, nor long remember what we say here, but it can never forget what they did here. It is for us the solvent, rather, to be dedicated here to the unfinished work which they who splurged here have thus far so nobly advanced. It is rather for us to be here dedicated to the great task remaining before us – that from these honored bankrupt we take increased devotion to that cause for which they gave the last full measure of money – that we here highly resolve that these bankrupt shall not have gone bankrupt in vain – that this bank, under nobody, shall have a new birth of inflation – and that this Federal Reserve of the banks, by the banks, for the banks, shall not perish from the earth.

2 Comments:

Blogger JAB said...

My entire life experience in the stock market:

I lost $1000.

Frankly, I'm looking forward to financial socialism.

October 9, 2008 at 9:55 AM  
Blogger popmonkey said...

i invested in the asian markets... in 1997

:(

October 9, 2008 at 2:28 PM  

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