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It's a little hard to imagine this radio address is actually from 1948. The problems Progressive Party Presidential Candidate Henry Wallace discusses during this campaign talk are somewhat eerie in their similarities to our current situation.

Political corruption, the over-bearing influence of Wall Street and the Banking system over elected officials. The manufactured prices, the hysteria and the fear mongering - it's all there. Only it's 1948.

Henry Wallace was an ardent New Dealer and Secretary of Agriculture before becoming vice-President during FDR's third term. After FDR's death, Wallace broke with the party and clashed with Truman over domestic and foreign matters. Wallace was repeatedly smeared by both Democrats and Republicans as being pro-Communist, and the fact that he enjoyed a cordial relationship with Moscow probably didn't help matters any.

But he did speak about things that have come back to haunt us now.

So here, in its entirety, is Henry Wallace's Campaign address from July 29, 1948.

And keep reminding yourself of that as you're listening.



Newstalgia Reference Room - Remember . . .Ross Perot?

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I suppose he's a bit conspicuous by his absence, but you don't really hear very much about Ross Perot lately. The guy who, in 1992 and 1996 was going to "shake things up". The guy who ran a somewhat haywire campaign and suddenly dropped out in 1996 and the guy who, as irony would have it, was a big supporter of Mitt Romney during his 2008 Presidential bid.

But he's been out of the picture the last four years. Or maybe he's bubbling under it. Still early I suppose. But you have to wonder . . .

In any event, in case you missed him the first (or second) time around, here is an address and Q&A session he did at The National Press Club, recorded on October 20, 1996.