Finally tonight as promised, a Special Comment on the tax compromise.
To paraphrase Churchill, again, let me begin by saying the most unpopular and most unwelcome thing: "that we have sustained a defeat without a war, the consequences of which will travel far with us along our road. We should know that we have passed an awful milestone in our history, when the whole equilibrium of American politics and policy have been deranged, and that the terrible words have for the time being, been pronounced against this Administration: 'thou art weighed in the balance and found wanting'."
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It is not disloyalty to remind him that we are not bound to an individual. We are bound to principles. If the individual changes, or fails often and needlessly, then we get a new man. Or woman. None of that is disloyalty. It is self-defense. It is the acknowledgment that, as my hero Thurber wrote, you might as well fall flat on your face as lean over too far backwards.
That is what the base is saying to this President, about his Presidency. "Well, then, (we) must not have read the details." The Churchill quotation — as opposed to the quotation from the very Senior member of your Administration, Mr. President — is from October 5th, 1938.
I don't want to make any true comparison to the historical event to which it related; the viewer can go ahead and look it up if they wish; I will confess I won't fight if anybody wants to draw a comparison between what you've done with our domestic politics of our day, to what Neville Chamberlain did with the international politics of his.
The rest of what Churchill said, paraphrased — but only slightly paraphrased — bears repeating again. The terrible words have for the time being, been pronounced against this Administration: "Thou art weighed in the balance and found wanting." And do not suppose that this is the end. This is only the beginning of the reckoning. This is only the first sip, the first foretaste of a bitter cup which will be proffered to us year by year unless by a supreme recovery of moral health and political vigor, we arise again and take our stand for what is right.
Full transcript and video:
http://www.msnbc.msn.com/id/40557029/ns/msnbc_tv-countdown_with_keith_olbermann/#