Nixon White House Tapes — Conversation 001-087
Date: Wednesday, April 14, 1971 at 7:55 PM
Participants: Nixon, Richard M. (President); Flanigan, Peter M.
Recording device: White House Telephone
Source: https://www.easynixon.org/tapes/001-087

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative.

[0:00] Mr. Flanagan, sir.
[0:01] Yes, sir.
[0:03] Hope you noted that I went to 932 today.
[0:05] Well, I'm just going to have to get out of this business and take your advice anytime I hear you making predictions.
[0:11] Let me just suggest, though, that this is now time for fellows like Regan and Lasker and a few others.
[0:18] They ought to be calling in to us and saying, well...
[0:22] You know, tell me a little positive about that.
[0:25] I know that today, as you talked about it to Regan, he was, you had to drag it out of him.
[0:29] Yeah, here we are.
[0:30] Well, no, he was all right, but he was coming through over CD lines.
[0:34] It was all right.
[0:34] But the point is that here they are with the Dow is now up 300 points from the low.
[0:41] More important, it's two points above what it was when we came into office.
[0:48] I didn't realize that.
[0:49] January 20th, it was at 930.
[0:52] January 20th of 69, 9.30.
[0:54] Now it's 9.32.
[0:55] No, and I think they ought to start talking pretty damn positively, you know, up there.
[1:02] Those guys should be feeling pretty good, and they ought to say so.
[1:05] Yes, I agree with that.
[1:07] I agree with that, and they ought to be making waves through the rest of the economy, because they're the people who... Talk about Bunny Lasker.
[1:15] Tell him that he ought to...
[1:17] Maybe a few of those guys ought to write me a letter or something, or, you know... You bet.
[1:20] Or something they could do.
[1:21] Okay?
[1:22] Yes, sir.
[1:22] I'll do it.
[1:23] Fine.
[1:24] That's good.
[1:24] I'm sorry I didn't think about that when we came in.
[1:26] Okay.
[1:27] Bye.
[1:27] Okay, Pete.
[1:28] Thank you.
[1:28] Bye-bye.