An Address to the Chicago City Council
Members of the City Council, I stand before you today to offer you my congratulations for your diligent efforts in ferreting out the past support of slavery by the Wachovia Corporation, the Aetna Insurance Company, and other financial institutions. It is a grim irony that, even today, such corporate entities should still be reaping the benefits from what is without doubt the sorriest chapter of our nation’s history. Not only do your efforts help in setting the historical record straight. They also offer the possibility – through the concept of joint-and-several liability and many other doctrines developed by our nation’s great trial lawyers – that these institutions will at long last be made to pay monetary damages for their past acts.
I would like to direct your attention, however, to an institution with far greater financial resources whose historical role in abetting slavery and resisting its abolition is manifestly clear, yet which, even today, continues to reap benefits from this nefarious record. I speak, of course, of the Democratic Party.
Update, 7/5/05 5:31 pm: Corrected the lack of a link!