Friday, August 26, 2011
The Nixon Shock Heard 'Round the World - WSJ.com
Historically, politicians have put their own careers well before doing what is right for America and it's citizens.
That's a history lesson that should be drummed into our heads over and over again, so we don't readily accept their current "snake oil"...
That's a history lesson that should be drummed into our heads over and over again, so we don't readily accept their current "snake oil"...
Lewis E. Lehrman writes about this one in the Wall Street Journal:
"The cast of characters gathered at Camp David was impressive. It included future Treasury Secretary George Shultz, then director of the Office of Management and Budget, and future Federal Reserve Chairman Paul Volcker, then undersecretary for monetary affairs at Treasury. At the meeting that afternoon Nixon reminded everyone of the importance of secrecy. They were forbidden even to tell their wives where they were."
