LBJ
Good
gawd, Martha! LBJ uses gravity to drive a point.
Narcissist
psychology is about avoiding being shit on. They are incentivized to shit on
the tier immediately below them. Entitled, they are hell on wheels. LBJ told
the nation’s Archie Bunkers that he had their backs, patted blacks on the head
with poverty programs, and ramped up the Vietnam war where each dead GI was
worth millions of dollars to Kellogg, Brown and Root, a legacy campaign donor
that assured his reelection term after term.
No
wonder the world is awash in irresponsible leaders - inured by the example,
most of the pop is willing to shit on their neighbors to avoid the same fate.
Chaos prevails…tempered to the extent that families/kids need money to survive:
Jobs, paychecks, and media turn the wheel fast enough that LBJ’s pathology and
our gullibility barely register.
Lot’s
Wife
NYT:
He describes Lyndon Johnson expressing his displeasure over
an article by meeting a reporter at his Texas ranch and — there is no pleasant
way to put this — defecating on the ground in front of him.
As a sidenote, Ray Hill, a gay activist
from Houston, read Lyndon Johnson's secret sexual history at the Kinsey
Institute in the 1960s. He said it described LBJ's massive promiscuity,
bisexuality and that Lyndon Johnson had had sex with his GRANDMOTHER. So LBJ
was not your regular motherfucker. Lyndon Johnson was grandmother fucker.
Ray Hill also told this anecdote to author Phil Nelson.- Robert
Morrow
Scroll to the very bottom and see McGeorge
Bundy compare Lyndon Johnson to Joseph Stalin.
Longtime LBJ aide George Reedy
on what a Narcissist, Bully, Sadist & Lout Lyndon Johnson was
Reedy worked for LBJ from
1951-1965
"He
was notorious for abusing his staff, for driving people to the verge of
exhaustion- and sometimes over the verge; for paying the lowest salaries for
the longest hours of work on Capitol Hill; for publicly humiliating his most
loyal aides; for keeping his office in a constant state of turmoil by playing
games with reigning male and female favorites."
"There
was no sense in which he could be described as a pleasant man. His manners were
atrocious- not just slovenly but frequently calculated to give offense.
Relaxation was something he did not understand and would not accord to others.
He was a bully who would exercise merciless sarcasm on people who could not
fight back but could only take it. Most important, he had no sense of loyalty-
at least, not the kind of loyalty I learned on the Irish Near North Side of
Chicago, where life was bearable only because people who had very little in the
way of wordly goods had very much in the way of mutual trust. To Johnson,
loyalty was a one-way street: all take on his part and all give on the part of
everyone else- his family, his friends, his supporters."
[Reedy,
p. x]
"He
was cruel, even to people who had virtually walked the last mile for him.
Occasionally he would demonstrate his gratitude for extraordinary services by a
lavish gift- an expensive suit of clothes, an automobile, jewelry for the women
on his staff. The gift was always followed by an outpouring of irreverent abuse
(I believe he thought his impulse was an example of weakness for which he had
to atone) and a few members of his entourage noted that gift was invariably tax
deductible on his part. Furthermore, some of the most lavish presents
frequently went to members who had performed no services other than adulation.
And when his personal desires were at stake, he had absolutely no consideration
for the situation in which other people found themselves. They were required to
drop everything to wait upon him and were expected to forget their private
lives in his interests. He even begrudged one of his top assistants a telephone
call to his wife on their wedding anniversary, which the assistant was spending
on the LBJ ranch and his wife at their home in Washington, D.C." [Reedy, xiv]
"He
had a habit of adopting all useful thoughts as his own, and often the
originator of highly important ideas would forget his or her own authorship in
a matter of hours and be ready to swear that the whole thing originated in the
brain of "the Leader." [Reedy, xvi]
"He
had a remarkable capacity to convince himself that he held the principles he
should hold at any given time, and there was something charming about the air
of injured innocence with which he would treat anyone who brought forth
evidence that he had held other views in the past. It was not an act. His whole
life was lived in the present and he was tenacious in his conviction that
history always conformed to current necessities." [Reedy, p. 2]
"To
complicate the picture, his own view of what had happened frequently
shifted. To the outside world, this appeared as a form of mendacity. It is my
firm belief, from close association over a number of years, that the man never
told a deliberate lie. But he had a fantastic capacity to persuade himself that
the "truth" which was convenient for the present was the truth
and anything that conflicted with it was the prevarication of enemies. He
literally willed what was in his mind to be reality and, as he was a master at
imposing his will upon the people, the society, and the world around him, he
saw no reason for history to be exempt from the process."
[Reedy,
p. 3]
"That
other man had to be Robert Kennedy, whom he regarded as the focal point for all
the forces who sought the downfall of Lyndon Johnson." [Reedy, 6]
"As
a rule, his language colorful, pointed, and what can most charitably be
described as "earthy." His "humor" was based chiefly on the
contents of toilet bowls and he was addicted to "pie-in-the-face"
practical jokes. His favorite spectator sport was watching bovine copulation
and he gloried in summoning fastidious males to his bathroom, where conference
and excretion could be intermingled. His consumption of beverage alcohol was
for purposes other than sacramental and in quantities that did not accord St.
Paul's "a little wine for thy stomach's sake." [Reedy, p.34-35]
"They
had to be young, they had to be cheerful, they had to be malleable, and it
helped if they were slightly antagonistic to him at the outset. He dearly loved
to convert an anti-Johnson liberal with a slightly plump figure and a dowdy
wardrobe into a lean, impeccably clad female whose face was masked in cosmetics
and who adored the ground he walked on (or, at least, told him she adored the
ground he walked on). To her, he would pour out all his dreams and aspirations
in what (as it was described to me later by one woman with a sense of humor)
was an incredibly potent monologue. The motif was that he trusted her loyalty
and needed her wisdom and she had to come with him to occupy the top spot in
his organization. It was an offer rarely refused.
The
reality was somewhat different. The best the woman could hope for was a
position as his private secretary. She learned very quickly that it was not the
post of a top "advisor." He had no respect for the political
intelligence of any woman except his wife- and, unfortunately, he usually
listened to her only when he had done something stupid and had to find a
bail-out manuever.
There
were many compensations for the reigning favorite. She could look forward to
travel under plush conditions, attendance at glamourous social functions with
the Johnsons (he would always find a "safe" male for an escort),
expensive clothes, and frequent trips to New York, where a glamorous make-up
artist would initiate her into the mysteries of advanced facial make-up,
resulting in cosmetics so lavishly applied that they became a mask."
[Reedy,
p. 36]
"Very
few reigning favorites were allowed to run the office for any great length of
time. One of them, who held his attention longer than the rest and for whom he
exhibited some really deep feelings, was married off, probably because a
continued relationship was incompatible with the vice presidency.
The
others dropped back into the pool known to the male staff members (speaking
under their breaths) as "the harem." His greatest joy was traveling
with a large number of women over whom he could fuss- buying their clothes,
supervising their diets, and admonishing them at every public stop to "put
on some fresh lipstick." It was quite a show. He may have been "just
a country boy from the central hills of Texas" but he had many of the
instincts of a Turkish sultan of Istanbul."
[Reedy,
p. 37]
"The
result of all of this was an office in a constant state of turmoil. A new
reigning favorite meant a period of several weeks in which workable routines
would be upset; morale would fall to all-time lows; efficiency would go out the
window."
(Reedy,
p. 37)
"He
was rarely candid, and when he spoke of personal matters his words were such a
mixture of fantasy, euphemism, and half-truth that it was impossible to
separate out the nuggets of revelation. In this case, however, the facts are
compelling. As it became clearer that inexorable forces were pushing him into
the small circle of men from whom the nation picks its chief executives, he
developed a pattern of conduct that indicated beyond a doubt a desire to revert
to childhood. He intermingled, almost daily, childish tantrums; threats of
resignation (which I realize in retrospect were the equivalent of the small boy
who says he will take his baseball and go home); wild drinking bouts; a
remarkable nonpaternal yen for young girls; an almost frantic desire to be in
the company of young people."
[Reedy,
p. 56]
"A
few weeks after his heart attack in 1955, he summed up the whole problem when
he told a conference of doctors, gathered to evaluate his condition, that he
enjoyed nothing but whiskey, sunshine, and sex. Without realizing what he was
doing, he had outlined succinctly the tragedy of his life."
[Reedy,
p. 56]
"The
drinking bouts became increasingly heavy and increasingly frequent. When he was
with staff members, there would usually be a point at which he would launch a
tirade reviling an assistant for a long series of fancied wrongs and assumed
inadequacies. ...
They
were invariably preceded by a wild drinking bout. He was not an alcoholic or a
heavy drinker in the commonly accepted sense of those words. But there were
occasions when he would pour down Scotch and soda in a virtually mechanical
motion in rhythm with the terrible tension building visibly within him and
communicating itself to his listeners. The warning signs were unmistakable and
those with past experience tried to get away before the inevitable flood of
invective. As they found out, it was rarely possible.
[Reedy
56-57]
"As
the 1960 campaign drew closer, the drinking bouts surpassed all previous
records.... The 1960 campaign was a nightmare for the staff- a weird collage of
beratings, occasional drunken prowls up and down hotel corridors, and frantic
efforts to sober him up in the mornings so he could make the speaking
engagements. Here again he came close to disaster. He spent a whole night in a
hotel room in El Paso pouring invective upon the head of a bewildered advance
man...On the stump he had very few peers. But in his rooms at night, the
drinking patterns continued as did the threats of leaving the campaign."
[Reedy, pp. 58-59]
"Someone
had told him about the theories of subliminal conditioning then making the
rounds and his methodology was to mutter "sincere" over and over in
the presence of journalists. When he could insert the word into a sentence, he
would do so even when it had to be dragged in by the heels, kicking and
screaming. When he could find no sentence that was suitable, he would repeat
"sincere" under his breath, over and over to the absolute
bewilderment of his audience. Fortunately, he dropped the effort before
articles could appear questioning his sanity."
[Reedy,
p. 68]
"This
occurred when he was vice president and obsessed with the idea that Bobby
Kennedy was directing an anti-LBJ campaign. His elevation to the presidency
made absolutely no difference. Brush after brush took place with the
journalists who, in the early days of his administration, accepted him as a
miracle worker to be treated with downright reverence. Eventually, however, his
conviction that they were opposed to him created an opposition- always the
outcome of paranoia. He did not attribute this to his own shortcomings but to
the machinations of the man he regarded as his arch foe. At this stage of the
game, Bobby was helpless to do him much mischief but LBJ still believed that there
was a plot for which the press was the principal instrument." [Reedy, p.
70]
"In
a very important sense, LBJ was a man who had been deprived of the normal joys
of life. He knew how to struggle; he knew how to outfox political opponents; he
knew how to make money; he knew how to swagger. But he did not know how to
live. He had been programmed for business and for business only and outside of
his programming he was lost." [Reedy, p. 81]
"I
never fully understood this or other similar episodes. In the back of his mind,
it is possible that he believed these visits were inspired by Bobby Kennedy as
part of a "plot" to delete the name LBJ from the ticket in 1964. This
had become an obsession with him- a conviction that peopled the world with
agents of the president's brother all seeking to do him in. Someone- I never
found out who- very actively fed this belief and kept him in a perpetual state
of anxiety. This reached major proportions with the outbreak of the Billy Sol
Estes and Bobby Baker scandals....
There
was absolutely nothing to keep Johnson's name in the Billy Sol Estes story
except the LBJ refusal to deal with the press. He covered up when there was
nothing to cover and thereby created the suspicion that he was involved
somehow. His reasoning was simple: The whole thing existed as a Bobby Kennedy
plot and to talk about it to the press was to help Bobby Kennedy.
About
the same thing happened in the Bobby Baker scandal except that in this instance
he was really close to the central figure in the expose. He had considered
Bobby as virtually a son and succeeded in promoting him to be secretary of the
Senate Majority at an age when Bobby should have been in knee britches."
[Reedy
134-135]
"But
Johnson refused to accept the obvious explanation. He insisted that it stayed
in the press because of conscious pressure from Bobby Kennedy, who, he claimed,
was holding daily briefings with the sole purpose of knifing LBJ in the back.
He was so convinced of the existence of these meetings that I made a personal
effort to check on them myself. There was not the least bit of evidence that
they were taking place or had taken place. I am not a master spy but it is
hardly likely that during that period the attorney general of the United States
could have engaged in such an organized effort without one of my newspaper
friends tipping me off.
This
viewpoint did not impress Johnson in the slightest. He merely said I was
"naive" and that he would demonstrate the truth to me. The next time
the two of us were together with a correspondent, he lectured the man on how
wrong it was to ask stooge questions and then said: "I know all about
those briefings downtown." It became apparent at once the correspondent
did not know not know about them but that did not stop LBJ. He continued
his lectures to other correspondents- a practice that led to some speculation
as to his mental stability. Fortunately, the speculation did not appear in
print.
These
episodes were merely ludicrious. Much more serious was his interpretation of all
his relations with the administration as involved with "plots." He
resisted- to the point of hysteria- the round-the-world trip which later became
famous for his discovery of Bashir, the camel driver, in Karachi.... He raved,
at least to me, that Bobby Kennedy was trying to set him up.
[Reedy,
pp. 136-137]
"Those
of us who had to deal with what few substantive matters characterized the vice
presidency found it increasingly difficult to secure decisions from him. The
consumption of booze increased as did the number of hours he would spend in bed
at home just staring at the ceiling and growling at anyone who came into the
room... There was some demon within the man himself that would have operated in
any position short of the presidency."
[Reedy,
pp. 139-140]
"Why
Jack Kennedy offered Lyndon Johnson the vice presidency and why Lyndon Johnson
accepted it, I will never know. Frankly, I doubt whether anyone will
ever know now that the principal protagonists are dead. My guess is that it
represented a shrewd political judgement on Kennedy's part."
[Reedy,
p. 141]
"Behind
the scenes, however, the campaign was grinding agony for a staff which felt a
duty to the campaign to keep the seamy side from showing. There were some
terrible moments- drunken, aimless wanderings through a hotel corridor in
Chicago (fortunately blocked off by police) in which he tried to crawl into the
bed of the female correspondent (I got the impression as we led him away that
he was seeking comfort, not sex); a wild drinking bout in El Paso in which he
spent the night cursing and raving at a good friend; continuous torrents of
abuse directed at his staff. It was amazing to watch him go out in public and
make truly compelling speeches off-the-cuff after such episodes."
[Reedy,
p. 142]
"Whatever
the reality, however, the LBJ paranoia continued to mount. He was convinced
that Bobby Kennedy had virtual control over the nation's press and that this
control was being used to pave the way for a "dump LBJ" campaign in
1964. This was a period in which he proceeded to "hang around" the
outer offices of the White House- something like a precinct captain sitting in
the anteroom of a ward leader hoping to be recognized. It was not a very
propossessing sight and certainly not worthy of a man of his stature."
[Reedy,
p. 147]
"He
was not a man of thought and, instead, it became for him the period of intense
misery. He obviously had not found what he had expected to find in the vice
presidency, and while his intellect was keen, it was not of the variety that
could grant him inner serenity. What could have been to a philosopher an era of
growth was, in his eyes, a time of shame and failure.
[Reedy,
p. 147]
"Johnson
campaigned as though there were a real contest with the outcome in doubt. In
time I came to understand that the act of campaigning had importance to
him that was totally unrelated to the goals. There was some form of vitalizing
force in frenzied crowds that drove him into a state of ectasy...
"What
was even more interesting was the scene that invariably followed a session with
a crowd. Despite his tapping technique, some people would always be able to
grasp his palm for a fleeting moment. In such instances, it would be necessary
for him to tear loose- leaving long scratches on the back of his hand. He loved
those scratches. A medical attendant aboard Air Force One was ready with some
soothing ointment for a gentle massage. LBJ would insist that everyone on the
plane cluster around during the massage period and he would point lovingly to
each scratch, describing in detail the person responsible for it. The first
time I witnessed the performance, it seemed to me that he was thinking in terms
of the Stigmata from the Cross. But the performance was much too sensual for
such an interpretation. There was something post-orgasmic about the scene. A
psychiatrist could have had a field day."
[Reedy,
p. 152]
"The
trouble was that Johnson himself became a victim of the Gulf of Tonkin
resolution. It froze him into a totally uncompromising position where he had no
alternatives- or thought he had no alternative- to feeding more and more
draftees into the meat grinder. He had never, in his entire life, learned to
confess error, and this quality- merely amusing or exasperating in a private
person- resulted in cosmic tragedy for a president. He had to prove that he had
been right all along. And this meant that he had to do more of what he had been
doing despite the demonstrable failure of his Vietnam policies."
[Reedy,
p. 165]
"There
were a few key traits to his personality and it is unlikely that he shed them.
As a human being he was a miserable person- a bully, sadist, lout and egoist.
He had no sense of loyalty (despite his protestations that it was a quality
that he valued above all others) and he enjoyed tormenting those who had done
the most for him. He seemed to take a special delight in humiliating those who
had cast their lot in with him. It may well be that this was the result of a
form of self-loathing in which he concluded that there had to be something
wrong with anyone who would associate with him."
[Reedy,
p. 171]
"His
lapses from civilized conduct were deliberate and usually intended to
subordinate someone else to his will. He did disgusting things because he
realized other people had to pretend that they did not mind. It was his method
of bending them to his designs.
[Reedy,
pp. 171-172]
Arthur Schlesinger from his Journals
1952-2000
January 6 1963
The New Year opened quietly, with the President [JFK] still
in Florida. On Friday, January 4, I went to the National Archives for the opening
of an exhibition celebrating the centennial of the Emancipation Proclamation.
Bobby gave the speech - it was derived from a speech I had written for the
President for use on January 1 by television from Palm Beach, but which the
President had decided not to use on the grounds that a segregated city was
hardly the best place from which to make an emancipation speech. It was a good
speech; and, at the end, Joe Rauh passed me a note saying, "Poor
Lyndon." I asked Joe what he meant. He said, "Lyndon must know he is
through. Bobby is going to be the next President."
[Schlesinger, Journals, p. 185]
October 13 1963
Frank Wisner and Mac Herter went into a long bit about how
terrible it was for Jackie Kennedy to go off on the Onassis yacht. Wisner said
that "everyone" in Europe knew that Lee Radziwill was having an
affair with Onassis, and that Jackie was along as cover. The gossip of the idle
rich is exceedingly boring.
[Schlesinger, Journals, p. 201]
March 25 1964
"There is nothing more dangerous, so far as I can see,
than being accepted by Johnson as one of his own. I think he has been
meticulously polite to those in the White House whom he regards as Kennedy men.
But, when he starts regarding them as Johnson men, their day is over. He begins
to treat them as Johnson men, which means like servants. This is what is
happening to Pierre Salinger. Of all the Kennedy people, he seemed to make the
transition most easily - which meant that LBJ began shouting at him, ordering
him around and humiliating him just as if he were Jenkins or Valenti. Teddy
White told me a terrible story in which Johnson made Salinger eat a plate of
bean soup at a White House luncheon out of pure delight in the exercise of
authority. As soon as people become Johnson men, he seems to stop listening to
them and to use them only as instruments of his own desires."
[Schlesinger, Journals, p. 225]
"June 16 1964
I went to New York on Tuesday night for a dinner in honor of
Jackie to thank contributors to the Library. Afterward we went to the Smiths'.
I had a long talk with JBK. She started to tell me about the trip back from
Dallas and the effort made to get her to change her dress when Jim Fosburgh
came up and we had a change of subject. A few nights ago (June 5) at the French
Embassy, Godfrey McHugh gave me a long account of that ghastly afternoon.
Godfrey told me that they did not know the Johnsons were on Air Force One. He
and Kenny kept asking the pilot to take off, and were told that the plane had
to wait for Mrs. Johnson's luggage - a mysterious excuse, since none of them
knew that the Johnson's were already occupying the presidential apartments in
the back of the plane. Godfrey also said that LBJ was in a panic at the
hospital, convinced that there was a conspiracy and that he would be the next
to go. Godfrey also gave me a horrendous account of his visit to the LBJ Ranch
before the [Ludwig] Erhand visit in December - Johnson's crudeness,
discourtesy, drunkenness, etc."
[Schlesinger, Journals, p. 227-228]
July 23 1964
Bobby seemed philosophical about the vice presidency. His
thoughts are still turning to the idea of spending a year at Oxford reading and
writing.
We talked a good deal about his relationshp to LBJ. Obviously
Johnson's actions in the first 24 hours after JFK's death left wounds which
will take a long time to heal. Bobby commented that Sarge Shriver had taken it
on himself to harmonize the situation then and had only made it worse. Bobby
said, "I told Sarge that if I wanted him to intervene I was capable of
asking him to do so." His references to Sarge were fairly cool, and he
seemed scornful of the notion that Sarge might be a serious possibility for the
vice presidency.
After a silence Bobby said, "You know the worst thing
Johnson has said? ... Once he told Pierre Salinger, 'When I was young in Texas,
I used to know a cross-eyed boy. His eyes were crossed, and so was his
character. Sometimes I think that, when you remember the assassination of
Trujillo and the assassination of Diem, what happened to Kennedy may have been
divine retribution.'"
[Schlesinger, Journals, p. 227-228]
[My note: John Kennedy had a lazy eye and was a bit cross
eyed.]
October 30 1966
"[RFK] talked a bit about campaigning with Johnson. He
said that, after a day together in New York, he said to Johnson back at the
hotel, "Did you enjoy the day?" Johnson looked at him earnestly and
said "Of all the things in life, this is what I most enjoy doing."
Bobby said it to us incredulously" "Imagine saying that, of all the
things in life, this is what you like the most."
At Clark's we talked about the [William] Manchester book [The
Death of a President], and this led on to a discussion of the autopsy
photographs and then of the Warren Report. RFK wondered how long he could continue
to avoid comment on the report. It is evident that he believes it was a poor
job and will not endorse it, but that he is unwilling to criticize it and
thereby reopen the whole tragic business."
[Schlesinger, Journals, p. 254]
December 10 1967
Dick [Goodwin] suggested that LBJ, if reelected, would use
all his wiles and powers to prevent RFK's nomination. (Bobby interjected,
"He would die and make Hubert President rather than let me get it.")
Ted felt that he would try this, but his capacity to do damage would be
limited."
[Schlesinger, Journals, p. 268]
March 13 1968
"I went to dinner [Tuesday] at Ham Armstrong's - the
Anthony Edens, Jack McCloys, Bill and Judith Moyesr, Nin Ryan. I had a
fascinating talk with Bill. He thinks that LBJ is now well sealed off from
reality; the White House atmosphere, he said, is "impenetrable." He
also feels that LBJ explains away all criticism as based on personal or
political antagonism; Bill used the word "paranoid." He said that he
had himself such a personal debt to Johnson that it had taken him a long time
to reach these conclusions, and even longer to say them; but he felt that four
more years of Johnson would be ruinous for the country."
[Schlesinger, Journals, p. 280]
April 4 1968
David Karr called today. He had spent an hour yesterday with
LBJ and says that it was "terrifying." Johnson was, first of all,
filled with self-pity. He seemed very hurt over the Kennedy attitude toward him
and kept talking about his "partnership" with JFK. "Then my
partner died, and I took over the partnership. I kept on the eleven cowhands
[the cabinet]. Some of the tenderfeet [Arthur Schlesinger, Jr?] left me. But I
kept on. If he is up there in heaven looking down, I know that he knows what I
have done."
He was bitter about RFK. He said for example, "On civil
rights I was stronger than he was," instancing some issue about the
guarantee of home mortgage loans, which, he said, Bobby would not put into the
civil rights bill; ... He also talked about Bobby in connection with the Bay of
Pigs (with which Bobby had no connection) and said that the credibility gap
began then in the Kennedy administration and not in the Johnson administration.
And he kept talking about an alleged affair RFK had with Candy Bergen in Paris.
[Schlesinger, Journals, p. 286-287]
January 14 1969
I took part with Bill Moyers, Jack Valenti, Eric Goldman and
Ted Sorensen (in Kansas City) in a National Education Television commentary.
Afterward Bill and I went over to the Algonquin for a drink. We talked a bit about the problem of writing about Johnson.
Bill said, as he has said to me before (and Dick Goodwin has said even more
often), that one great trouble was that no one would believe it. He said that
he could not see how one could write about Johnson the private monster and
Johnson the public statesman and construct a credible narrative. "He is a
sick man," Bill said. At one point he and Dick Goodwin became so concerned
that they decided to read up on mental illness - Dick read up on paranoia and
Bill on the manic-depressive cycle."
[Schlesinger, Journals, p. 306]
January 15 1971
Last night I spoke at the annual dinner of the Century. I
sat next to Mac Bundy and we discussed, among other things, the Khrushchev
memoirs. I remarked on the curious resemblance between Khrushchev's account of
the life around Stalin - the domineering and obsessive dictator, the total
boredom of the social occasions revolving around him, the horror when invited
to attend and the even greater horror when not invited - and Albert Speer's
account of the life around Hitler. Mac said, "When I read Khrushchev, I
was reminded of something else in addition - my last days in the White House
with LBJ."
[Schlesinger, Journals, p. 333]
McGeorge Bundy compared the
Lyndon Johnson of 1966 to Joseph Stalin (1971) and former top aide Bill Moyers
said he was a “Sick man.” (1969)
Chomsky -- Capitalist thing you use, like airplanes, computers, are really socialist things because many started with government. But the financial sector does have "real" marketplace characteristics, and is 30% of GDP.
The incredible facts are these:
1. In construction a whopping 75% of prices are related to costs for capital. Meaning that if we buy a new $100,000 home, $75,000 is lost to banks and other financiers.
2. When we buy the house with a mortgage, we will not only pay $100,000 for the house, but an additional $150,000 in interest over 30 years.
3. So we pay a total of $250,000 for a house that actually costs no more than $25,000 to build.
That means, all else being equal, you work to build 10 houses and only end up with one house. This is not hyperbole, not hypothetical, not fake news. This is capitalism. The only reason its been working out is the increase in efficient manufacturing and ongoing exploitation
go ahead stock, read about it, others will
https://realcurrencies.wordpress.com/2012/04/16/usury-why-we-dont-build-cathedrals-these-days/