In 1215 A.D. the good people of England summoned King John to Runnymede to sign the Magna Carta.
The state had exhausted them with its 100 Years' War to secure and expand territory in France.
The Magna Carta said the state must ask express permission to commit to war the lives and treasure of its subjects from those subjects.
Magna Carta found its way into the congressional war powers clause of the US Constitution because of our Anglo-Saxon heritage.
The principle of Magna Carta is now dead, and if we want to survive we must restate it good and hard now before it is too late.
Those who forget history are doomed to repeat its mistakes.
What does this tell you about who is running the show in Washington and on Wall Street?
Friday, October 1, 2010
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