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To: sneakypete
If you are referring to Brown and Root, which has since merged into Halliburton, I think, I don't think LBJ owned them.......I think they just gave him money. I remember hearing when he became president about the $9 million he had in the bank, care of those TV stations he and Lady Bird owned.....and how all the liberals said with a straight face that he was just an astute investor. Yeah, right.

Remember that shoebox full of $100 bills that Sen. Herman Talmadge's wife threw out into open court during their divorce? Seems ol' "Hummin" had that box for years and years, it was the Senate's "walking-around" money. Now, where did he get that box? My guess is, he got it from Dick Russell when he died, and that Russell got it from LBJ when he became president. Robert Caro documents that LBJ invented the idea of "handy money" for campaigning with, that he got money from Brown and Root, from Sid Richardson and other Texas independent oil men, and spread it around (collecting favor-chits, of course) in the summer of 1940, saving the House of Representatives for Franklin Roosevelt, who'd been widely expected to lose the House after two full terms in office, with a Republican tide running in the country. LBJ's money turned the election around. I've no doubt that "Hummin" had that box from Landslide Lyndon himself, and that they relied for its replenishment on certain businessmen who were determined to be players. Like Earl Long said back in those same days in the 1950's, "early money buys consideration; late money buys good government".

54 posted on 06/16/2002 3:18:01 PM PDT by lentulusgracchus
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To: lentulusgracchus
If you are referring to Brown and Root, which has since merged into Halliburton, I think, I don't think LBJ owned them.......I think they just gave him money.

I always heard his family was a major stockholder.

Remember that shoebox full of $100 bills that Sen. Herman Talmadge's wife threw out into open court during their divorce?

No,this is the first I ever heard of it. Thanks for informing me,though.

59 posted on 06/16/2002 4:09:08 PM PDT by sneakypete
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