Thinking about themes for 2015 brings to mind Shakepeare’s Henry VI, specifically when Clifford speaks to the king:
My gracious liege, this too much lenity
And harmful pity must be laid aside.
To whom do lions cast their gentle looks?
Not to the beast that would usurp their den.
Whose hand is that the forest bear doth lick?
Not his that spoils her young before her face.
Who ‘scapes the lurking serpent’s mortal sting?
Not he that sets his foot upon her back.
The smallest worm will turn being trodden on,
And doves will peck in safeguard of their brood.
Ambitious York doth level at thy crown,
Thou smiling while he knit his angry brows:
He, but a duke, would have his son a king,
And raise his issue, like a loving sire;
Thou, being a king, blest with a goodly son,
Didst yield consent to disinherit him,
Which argued thee a most unloving father.
Unreasonable creatures feed their young;
And though man’s face be fearful to their eyes,
Yet, in protection of their tender ones,
Who hath not seen them, even with those wings
Which sometime they have used with fearful flight,
Make war with him that climb’d unto their nest,
Offer their own lives in their young’s defence?
For shame, my liege, make them your precedent!
Were it not pity that this goodly boy
Should lose his birthright by his father’s fault,
And long hereafter say unto his child,
‘What my great-grandfather and his grandsire got
My careless father fondly gave away’?
Ah, what a shame were this! Look on the boy;
And let his manly face, which promiseth
Successful fortune, steel thy melting heart
To hold thine own and leave thine own with him.
We must always remember that the hearts and wiring of men (and women) haven’t changed. That’s why history repeats. Today is a good day to re-watch Woody Brock’s speech from December 2008, when I attended the Erstebank Asset Allocation Summit in Vienna.