MainLine Peace Action/DelMont PDA

February 12, 2011

From One War President To Another

Filed under: economics — Tags: , , — Walter Ebmeyer @ 1:34 pm

Today is Lincoln’s birthday.

“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”

— U.S. President Abraham Lincoln, Nov. 21, 1864
(letter to Col. William F. Elkins)
Ref: The Lincoln Encyclopedia, Archer H. Shaw (Macmillan, 1950, NY)

December 12, 2010

James K. Galbraith On Obama

Filed under: economics — Tags: , , , , — Walter Ebmeyer @ 3:10 pm

About two weeks ago, James K. Galbraith spoke at the Harvard Kennedy School to a meeting of Americans for Democratic Action.  He reminded us what Lincoln said in the dark winter of 1862: “We cannot escape history.  The solutions of a quiet past are inadequate to the stormy present.”  This is well worth a read.