Those who can not remember the past are condemned to duplicate it.– George Santayana
[soros] Q3 2021 hedge fund letters, conferences and moreValueWalks December 2021 Hedge Fund Newsletter: Hedge Funds Avoid Distressed China DebtWelcome to our most current concern of concern of ValueWalks hedge fund upgrade. Listed below customers can find an excerpt in text and the complete problem in PDF format. Please send us your feedback! Including hedge funds preventing distressed china financial obligation, growth in crypto fund launches, and the adjusting endeavor capital industry. Q3 2021 hedge fund letters, Read MoreLyndon Johnson could well have actually gone down in history as one of our greatest presidents. With a major help from the Reverend Dr. Martin Luther King Jr. and tens of countless brave civil liberties supporters who put their lives on the line, Johnson pushed through landmark civil rights legislation which not only broke the back of the Jim Crow laws in the South, however helped alleviate the results of bigotry in the remainder of the nation as well.
Johnson was likewise largely accountable for the development of Medicare and Medicaid, along with for boosting the Food Stamp program and other programs that constituted the War on Poverty.
Lyndon Johnson And The Vietnam War
On the other side of the ledger, months after winning a landslide election as the “peace prospect” against Republican Senator Barry Goldwater, Johnson sent hundreds of thousands of soldiers to Vietnam in an effort to stop the communists from completely taking over that country.
How could a man so wise, and so politically astute, do something so remarkably silly? In a campaign speech in Akron, Ohio, simply 2 weeks prior to the election, Johnson vowed not to send out combat soldiers to Vietnam to fight a war that “Asian kids should be doing for themselves.”
There is an easy description. He definitely did not wish to be remembered as the president who lost Vietnam to the communists. He kept doubling down, sending more and more battle troops to that country.
Now he had actually gotten himself into a pissing contest with the communist leaders of North Vietnam, a military and financial pissant nation, that was humiliating the greatest economic and military superpower the world had ever understood. And so, it became a war to the death of every kid our nation might sacrifice.
People who understood Johnson frequently described him with a single word: sadistic. He delighted in dominating individuals around him to see them squirm. He was so macho, that in contrast, Donald Trump would be considered a well-mannered gentleman.
The Vietnam War not just split the country, but it forced Johnson to call off his reelection campaign. If just he had actually not gotten us mired because war, he may have gone on to do even higher things– like actually erasing hardship, and possibly even totally breaking the back of white supremacy.
Today, very few Americans keep in mind Lyndon Johnson, nor are we familiar with his terrible escalation in Vietnam. It has actually been said that Covid has actually been President Donald Trumps Vietnam, which is type of ironic. Although of draft age in the late sixties and early seventies, Trump handled to evade that war too.
Updated on Nov 30, 2021, 10:12 am
Q3 2021 hedge fund letters, conferences and moreValueWalks December 2021 Hedge Fund Newsletter: Hedge Funds Avoid Distressed China DebtWelcome to our most current problem of concern of ValueWalks hedge fund upgrade. Q3 2021 hedge fund letters, Read MoreLyndon Johnson could well have actually gone down in history as one of our greatest presidents. With a major help from the Reverend Dr. Martin Luther King Jr. and tens of thousands of brave civil rights supporters who put their lives on the line, Johnson pressed through landmark civil rights legislation which not just broke the back of the Jim Crow laws in the South, however helped reduce the effects of bigotry in the rest of the nation.
People who knew Johnson typically described him with a single word: vicious. Today, not numerous Americans remember Lyndon Johnson, nor are we mindful of his awful escalation in Vietnam.