This has been a year when we’ve all had to reflect on the fragility of our financial system. Unlike most people in the world, we have not had to worry about the stability of our political framework. Each presidential election, I am reminded of this blessing when I recall Walter Mondale’s concession speech of November 1984. Mondale, followed one of the all-time worst election performances with one of the all-time classiest concession speeches. Here’s part:
Again tonight, the American people in town halls, in homes, in firehouses, in libraries, chose the occupant of the most powerful office on Earth. Their choice was made peacefully, with dignity and with majesty. And although I would have rather won, tonight we rejoice in our democracy, we rejoice in the freedom of a wonderful people…. if there’s one thing I’m certain of, it is that this is a magnificent nation with the finest people on Earth.
So — who will win tonight? We will.