Nixon White House Tapes — Conversation 006-070
Date: Wednesday, June 30, 1971 at 7:46 PM
Participants: Nixon, Richard M. (President); Haldeman, H. R. ("Bob")
Recording device: White House Telephone
Source: https://www.easynixon.org/tapes/006-070

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 Do not cite it as authoritative.

[0:01] So, well, we're going to get a good break on unemployment.
[0:06] I heard that.
[0:06] Isn't that great?
[0:07] Actually, a lot of it's technical.
[0:10] No, but the other was technically otherwise.
[0:13] But it could have been.
[0:14] But the main point is that the damn commentators and the rest will squeal and scream around, and we don't need to make much of it.
[0:21] But people will put them on.
[0:24] The drop, you know, the 5.6 is a hell of a drop.
[0:27] Now it'll probably creep up again in the summer.
[0:30] That's all right, too.
[0:31] Wow.
[0:36] Good deal.
[0:42] I think it will.
[0:50] The market went up another 8.76% today.
[0:53] 8?
[0:56] What's that?
[0:56] Wasn't very big.
[0:59] 15 million or something.
[1:02] Oh, that's big.
[1:02] That's big for the summary.
[1:04] Up $869,000 on $15,400,000.
[1:06] That's a million more than it was yesterday.
[1:10] $899,000.
[1:10] $899,000.
[1:13] Yeah, I'll tell you what this really is, I think.
[1:19] My recollection is that the funds buy.
[1:23] They have to buy before the end of their, you see, before July 1st in order to get there.
[1:30] And you see that they want to make this work fully, those flip-flops.
[1:34] And they buy at this point at a lower price.
[1:37] July 31st through June 30th, report.
[1:39] And they show that they've bought some at the lower price, you see.
[1:45] All right, well, that's good.
[1:55] I don't go along with Henry's morality, do I?
[2:05] Okay, good.