bruce,

Would still like to see a clear and lucid definition of the "tax
predator ruling class".

On Jun 18, 4:25 pm, bruce majors <[email protected]> wrote:
> from working and middle class people to the tax predatoir ruling class
>
>  The Honest Graft of Lady Bird JohnsonHow she and Lyndon came by their
> millions.By Jack ShaferPosted Monday, July 16, 2007, at 5:06 PM ET
>
> [image: Lady Bird Johnson. Click image to
> expand.]<http://www.slate.com/id/2170515/>Lady
> Bird Johnson greets the pressThe perturbed spirit of Lady Bird Johnson will
> rest until somebody writes a more complete article about how she and her
> husband became millionaires. Of the top dailies, only the *New York
> Times<http://www.nytimes.com/2007/07/12/washington/12johnson.html?ex=134206...>
> *and the *Washington
> Post*<http://www.washingtonpost.com/wp-dyn/content/article/2007/07/11/AR200...>obituaries
> slow to savor the political skulduggery she and her husband, Rep.
> Lyndon Baines Johnson, relied on to pour the foundation of her business
> empire. Some of the clips find her scheme to "beautify" America more
> interesting than her blatant exercise in political graft. (See the deficient
> obituaries in the* Los Angeles
> Times<http://www.latimes.com/news/obituaries/la-na-johnson12jul12,1,3203470...>
> *,* *the *Boston
> Globe<http://www.boston.com/news/globe/obituaries/articles/2007/07/12/lady_...>
> *,* *and *USA 
> Today<http://www.usatoday.com/news/washington/2007-07-11-lady-bird-obit_N.htm>
> *. See the relevant passages
> here<http://www.slate.com/id/2170481/sidebar/2170529/>.)
>
> [image: Print This Article]PRINT
> <javascript:toolAction('print','2170481')>[image:
> Discuss in the 
> Fray]DISCUSS<http://fray.slate.com/discuss/forums/68090/ShowForum.aspx?ArticleID=2...>[image:
> Email to a 
> Friend]E-MAIL<http://www.slate.com/apps/emailafriend/email.aspx?mailid=2170481>[image:
> Get Slate RSS Feeds]RSS <http://www.slate.com/id/2154868/>[image: Share This
> Article]RECOMMEND... <javascript:ToolbarRecommend('recommend_tab');>[image:
> Single Page]SINGLE PAGE <http://www.slate.com/id/2170481/pagenum/all/>  Yahoo!
> Buzz<http://buzz.yahoo.com/buzz?publisherurn=slate&guid=%7B%24rootpath%7Di...>[image:
> Facebook] 
> Facebook<http://www.facebook.com/sharer.php?u=http://www.slate.com/id/2170481/...>[image:
> Post to 
> MySpace!]MySpace<http://www.myspace.com/Modules/PostTo/Pages/?t=Slate+Magazine+-+The+H...>[image:
> Mixx] 
> Mixx<http://www.mixx.com/submit/story/?page_url=http://www.slate.com/id/21...>[image:
> Digg] 
> Digg<http://digg.com/submit?phase=2&url=http://www.slate.com/id/2170481/&t...>[image:
> Reddit] 
> Reddit<http://reddit.com/submit?url=http://www.slate.com/id/2170481/&title=S...>[image:
> Del.icio.us] 
> del.icio.us<http://del.icio.us/post?url=http://www.slate.com/id/2170481/&title=Sl...>[image:
> Furl] 
> Furl<http://furl.net/storeIt.jsp?t=Slate+Magazine+-+The+Honest+Graft+of+La...>[image:
> Ma.gnolia.com] 
> Ma.gnolia<http://ma.gnolia.com/bookmarklet/add?url=http://www.slate.com/id/2170...>[image:
> Sphere] 
> Sphere<http://www.sphere.com/search?q=http://www.slate.com/id/2170481/>[image:
> Stumble 
> Upon]StumbleUpon<http://www.stumbleupon.com/submit?url=http://www.slate.comhttp://www....>
> CLOSE <javascript:void(0);>
>
> Robert A. Caro examines the roots of the Johnson broadcasting fortune in the
> second volume of his biography of LBJ, *The Years of Lyndon Johnson: Means
> of 
> Ascent*<http://www.amazon.com/Means-Ascent-Years-Lyndon-Johnson/dp/067973371X...>.
> Although Lyndon Johnson always protested that Lady Bird bought the station
> on her own and that he applied no political pressure to help her, Caro
> easily proves him a liar.
>  ------------------------------
> Related in *Slate*
> Jack Shafer advocated <http://www.slate.com/id/2157734/> the abolishment of
> the FCC. Earlier, he essayed <http://www.slate.com/id/2157554/> on low-power
> FM to explain how the "media reform" movement gets it half right, and
> defended <http://www.slate.com/id/2157395/?nav/navoa/> the Clear Channel
> radio chain against charges of negligence in Minot, N.D., the media
> reformers' central organizing myth. Last year, he was
> blinded<http://www.slate.com/id/2136418/?nav/navoa/>by all the blond
> broadcasters on TV news.
>
> In 1943, the year Lady Bird Johnson purchased KTBC, the Federal
> Communications Commission, which reviewed all broadcast-license transfers,
> was close to being abolished, Caro writes. Lyndon Johnson used his political
> influence in both Congress and the White House to prevent that from
> happening. The FCC was among the most politicized agencies in the
> government, Caro asserts, and it knew who its friends were.
>
> Johnson socialized with FCC Commissioner Clifford Durr at the time,
> "sometimes at Durr's home, sometimes at his own," although Durr says Johnson
> never mentioned Lady Bird's application for KTBC's license. Lady Bird,
> however, directly approached Durr about the station, and Lyndon phoned James
> Barr of the FCC's Standard Broadcast Division. "He wanted to get a radio
> station, and what I remember is, he wouldn't take no for an answer," Caro
> quotes Barr.
>
> Legendary Democratic fixer Tommy "The Cork" Corcoran also helped with the
> KTBC application—"all up and down the line," is how Corcoran put it. Asked
> in an interview whether Johnson's status as a member of Congress helped his
> wife's application, Corcoran said, "How do you think these things work?
> These guys [FCC staffers] have been around. You don't have to spell things
> out for them."
>
> The *Los Angeles Times *and *USA Today *obituaries make it sound as if KTBC
> were a congenitally unprofitable station at the time of Lady Bird's bid and
> give the impression that she was the lone suitor for the property. That was
> not the case, as Caro documents the identities of the other interested
> bidders.
>
> Once Lady Bird completed her purchase of KTBC, the "five years of delays and
> red tape, or delays and unfavorable rules" from the FCC that had stymied the
> previous owners "vanished … and slowness was replaced by speed," according
> to Caro. In short order she got permission to broadcast 24 hours a day (KTBC
> had been a sunrise-to-sunset station) and move it to 590 on the dial—"an
> uncluttered, end of the dial" where it could be heard in 38 surrounding
> Texas counties. It was no coincidence. Lyndon and Lady Bird recruited a new
> station manager, promising 10 percent of the profits, and Lyndon told him
> that the changes in the license restrictions that would make KTBC a
> moneymaker were "all set." In 1945, the FCC OK'd KTBC's request to quintuple
> its power, which cast its signal over 63 counties.* *
>
> When Lyndon visited William S. Paley, president of CBS radio, and asked if
> KTBC could become a CBS affiliate and carry its lucrative programming, he
> didn't have to spell out why the request should be granted. The radio
> networks feared the regulators in Washington as well as the members of
> Congress who regulated the regulators. KNOW in Austin had been repeatedly
> denied the affiliation because a San Antonio "affiliate could be heard in
> Austin." CBS Director of Research Frank Stanton approved Johnson's request.
>
> Johnson shook down powerful companies to advertise on the station. Local
> businesses that wanted Army camps to remain located in Austin knew one way
> to secure Lyndon's help was to advertise on KTBC. Caro writes:
>
> … Mrs. Johnson's ability as a business woman was not the crucial factor in
> the acquisition of the station or, once it was acquired, in its early
> growth. ... Lyndon Johnson had worked at politics for years to achieve
> power; now he was working at politics to make money.
>
> Under Texas law, the station belonged solely to Lady Bird because she
> purchased it with her inheritance. But as her spouse, Lyndon owned half of
> all the profits. He was ultra-active in recruiting staff and running the
> operation, and by 1948, Caro writes, he was telling his friends that he was
> a millionaire.
>
> The Johnsons earned thousands from their radio station but millions from
> their TV stations, writes former FCC official William B. Ray in his book, 
> *FCC:
> The Ups and Downs of Radio
> Regulation*<http://www.amazon.com/Fcc-Ups-Downs-Radio-TV-Regulation/dp/081380227X...>.
> The commission allocated one commercial station to Austin in the early
> 1950s, and the Johnsons were its sole applicant. "Filing a competing
> application would have been a waste of money," Ray writes, because of the
> Johnsons' political clout. "Whenever there was a business matter to be
> discussed between CBS and the LBJ stations, Johnson would summon the
> appropriate CBS personnel to the White House to discuss it," he continues.
>
> Was it graft? The crooks of Tammany
> Hall<http://www.panarchy.org/plunkitt/graft.1905.html>distinguished
> between honest graft—which they considered respectable—and
> dishonest graft. Honest grafters used political connections, such as tips as
> to where a new bridge was going to be built, to make surefire investments.
> Dishonest grafters stole directly from the treasury.
>
> You can rest in peace now, Lady Bird. Your honest-grafting days are over.
>
> ******
>
> The Johnsons' hometown newspaper, the *Austin American-Statesman*, acquits
> itself on the subject of the family fortune in its Lady Bird
> obit<http://www.statesman.com/news/content/shared/news/stories/ladybird/07...>.
> Send your spare millions via PayPal to  [email protected] . (E-mail
> may be quoted by name in "The Fray," *Slate*'s readers' forum, in a future
> article, or elsewhere unless the writer stipulates otherwise. Permanent
> disclosure: *Slate* is owned by the Washington Post Co.)
--~--~---------~--~----~------------~-------~--~----~
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/  
* It's active and moderated. Register and vote in our polls. 
* Read the latest breaking news, and more.
-~----------~----~----~----~------~----~------~--~---

Reply via email to