Absolutely!

I think he could be referring both to corporate power and governmental power.

The Republicans of today would do well to listen to this great American general and stateman instead of the paranoid rhetoric of the war profiteer's puppet!

I agree with Anonymous, VA. It's as true today as it was 200 years ago. However, dishonest men are still attracted to positions of power, and most will resort to revisionist history as justification. It's only one of many tools they use to try to manipulate the minds of the public - including prevarication and outright lies.