Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The Greatest Story Ever Written or Will be Written

Politics / US Politics Jul 03, 2012 - 05:35 AM GMT

By: Money_Morning

Politics

Best Financial Markets Analysis ArticleSteve Christ writes: Ask practically any American this week about their country, and they will likely tell you that - despite its faults - the United States is the greatest nation on earth.

I would even take it a step further by saying the United States is the greatest country there is, ever was, and ever will be...


But then again, I'm a bit of a homer.

Maybe it was all those World War II movies I watched with my great uncle when I was kid. He was an old sailor who was big on Admiral "Bull" Halsey, and by extension, so was I.

Or maybe it's because I'm much older now, and I realize just how dark the world would be without her. That much I am sure of.

But what I love most about my country is that it was founded on the idea that all men are created equal and are born with unalienable rights - among them life, liberty, and the pursuit of happiness.

Of course, Thomas Jefferson put those words much better than I ever could some 236 years ago when he penned the Declaration of Independence.

What you may not know is that Jefferson was just 33 years old when he sat down to the task of writing one of the most important documents of all time.

Chosen by John Adams for his "happy talent for composition and singular felicity of expression," it took Jefferson 17 days to complete under the apparent constant harassment of horseflies from a nearby barn. Being mid-June in Philadelphia, it was also undoubtedly quite warm.

I often wonder what that must have been like, using only an ink well, pen, and candlelight at night. Did Jefferson know his elegant phrasing and high tone would go on to forever change the world?

What was it like, that moment when he scratched out the word subjects and replaced it with the word citizens?

Was it a slip from a lifetime of habit... or Jefferson's first recognition that the people of his cause were no longer subjects of any nation- but citizens of an emerging democracy?

Of course, historians will note Jefferson was not the document's only author; his version was only the rough draft. John Adams, Benjamin Franklin, and Congress itself made numerous edits along the way, hurting Jefferson's pride immensely.

In all, Congress made 86 edits, paring the original draft down by almost a quarter to its present 1,337 words.

Not surprisingly, Jefferson insisted years later his original version was actually better. Writers are like that.

Even so, the final draft of the Declaration was approved on July 4th, 1776 - a date since recognized as America's official birthday.

A month later, on August 2, the physical document was signed by 56 men who sat down and pledged their lives, their fortunes, and their sacred honor for a cause called freedom.

From that point forward, the die was cast.

And they - along with some other great men and their ragtag militia - managed to defeat the greatest power of the day, founding a nation the likes of which the world had never seen...

A nation that gave us people like Bull Halsey, Thomas Edison, Mark Twain, Elvis Presley and far too many others to begin to mention.

Words, indeed, are powerful things.

So as that flag passes me by in the parade tomorrow, I'll look at those stars and stripes and forget about the mess we're in.

Instead, I'll be thinking about Thomas Jefferson and one of the most famous phrases ever written...

Life, liberty and the pursuit of happiness...

Now that is something to ponder over an ice-cold beer.

Have a great Fourth of July!

Money Morning will be back in your inbox the first thing on Thursday bright and early.

Until next time,

Steve Christ, Managing Editor

Money Morning

Source :http://moneymorning.com/2012/07/03/ours-is-the-greatest-story-ever-written/

Money Morning/The Money Map Report

©2012 Monument Street Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Monument Street Publishing. 105 West Monument Street, Baltimore MD 21201, Email: customerservice@moneymorning.com

Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investent advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication, or after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Money Morning Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in