U.S. Credit Downgraded: S&P Reduces Rating To AA+ [UPDATE]
Saturday, August 6, 2011
"We may congratula
It has cost a vast amount of treasure and blood. . . .
It has indeed been a trying hour for the Republic; but
I see in the near future a crisis approachin
me to tremble for the safety of my country. As a result of the war,
corporatio
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.
I feel at this moment more anxiety for the safety
of my country than ever before, even in the midst of war.
God grant that my suspicions may prove groundless
-- U.S. President Abraham Lincoln, Nov. 21, 1864
(letter to Col. William F. Elkins)
Read the Article at HuffingtonPost
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