Nixon, Ehrlichman & Shultz on Economic policy and Public relations

3:30:05Yes, we just did an interview with Jeff.
3:30:15Right before he came up, he did a loading from there to the floor and up.
3:30:19And then he's going to do a piece of Bruce Wayne casted brief in the 80s.
3:30:22And then second in the dining room with the last minute preparation in the dining room.
3:30:27And then into the evening's activities.
3:30:30Something that really hasn't gone to this degree before.
3:30:35So you
3:30:38Of course, we can't go in and edit it for you, but I'm sure you'll have some interesting material to work with.
3:30:44Yes.
3:30:58and uh, and the walk.
3:31:00Yes, sir.
3:31:00Uh, thank you, sir.
3:31:01Uh, uh, he was saying, uh,
3:31:30Oh, my God.
3:31:43here in the offsite.
3:31:44But it sounds like, uh, you know, we've been asking for everything, uh, Grandpa over-signing on Bill, and, you know, whatever, daughter, and, uh, to the Archipelago, and he's in there, he's, uh, he's there to take the crisis on the offense, and, uh, he's the dad, and I'm the part of the family that's going to control it.
3:32:07I don't know if there are signs that they're fighting like a lion.
3:32:11He did well.
3:32:12He always does.
3:32:13But it isn't right for George to be under the firearm department.
3:32:16Or maybe, uh, maybe that proves we're honest.
3:32:21I don't know what they're going to say.
3:32:22That proves that we have an open administration.
3:32:24An open administration doesn't go over the place.
3:32:27It's not about having respect.
3:32:31See, it loses track over there.
3:32:37He's meant to have discipline.
3:32:41Yeah.
3:32:41He doesn't have to worry about that.
3:32:42I don't know if you've had it or not, but I've had some people who've had it.
3:32:47I've heard it all the way.
3:32:48I want you to talk about it.
3:32:50I've heard it all the way.
3:32:53But your theory is not the whole thing.
3:32:55He said, well, he had it.
3:32:56He had heard it two times from Congress.
3:32:59Well, this is pretty easy, man.
3:33:01Which, uh, yeah.
3:33:01Which he said, I am for.
3:33:05We want to do it in advance.
3:33:24Now, Oregon is the seat of the event.
3:33:26We need trade with the east.
3:33:28We want to have trade with the east.
3:33:31All you do there is to say that there's a cold humming on the U.S. and that you're living out in your solitude.
3:33:35I, uh, I've never done that.
3:33:37I've heard it in news stories and everything else.
3:33:39You know, I do those things.
3:33:40I've written the Oscar.
3:33:41For God's sakes, don't put that in.
3:33:42Stance is going to get hit if I don't speak to her.
3:33:46She's going to see me this afternoon if I haven't kissed her.
3:33:52And I'm going to go out over to lunch.
3:33:55You're trying to cross your desk, understand?
3:33:57That's the ether.
3:34:08I don't know what he said, but he said that he understands what the tag is and why.
3:34:10And fortunately, we're going to see more of him today, so he will be participating in this.
3:34:12But Ron will contribute.
3:34:12Ron talks to us right now because he's a good man.
3:34:13And he's an important man, too.
3:34:14He was more in character first on this, rather than for Mike.
3:34:16I don't know what I'm thinking.
3:34:40Everybody else will think that we're all men, it doesn't matter.
3:34:42But he must get away from this idea that the Commerce Department, and more than the Labor Department, represents certain interests, and that he has to speak up about those interests.
3:34:54He's got to speak up within these administrations, but he cannot speak up outside.
3:34:58And that's true of the environment, where it will mean that we're going to have to get his history out there.
3:35:07And it's true also, over here, he's got an ensemble.
3:35:14You know, we come out of that situation where it appears that we're coming apart at the seams or something.
3:35:19That's why I'm afraid of what's going on here.
3:35:24Uh, Bobby has a hand in it, so I'm just like, what am I talking about?
3:35:32So, we're trying this way.
3:35:34What is it?
3:35:34Is this the way to handle it, do you think?
3:35:36I know the water's going to be good, but the fact that Marty is under fire.
3:35:41Yeah.
3:35:45and said, look,
3:36:02And he went back and gave us a warning.
3:36:06And we began to get some action.
3:36:08And I've pretty never been at this point of working through Russia.
3:36:14Who's going to be a successor?
3:36:16I've heard probably the general counsel there, Jim Lynn.
3:36:20Oh, sure.
3:36:21He's an able person.
3:36:22He's an able guy to go.
3:36:25Good.
3:36:26Great.
3:36:27That's fine.
3:36:28All right.
3:36:28Thank you.
3:36:28All right.
3:36:29Thank you.
3:36:29All right.
3:36:29Thank you.
3:36:30All right.
3:36:30Thank you.
3:36:53Captain Ross here is always busy and he needs some guidance on the nuts and bolts you can't hold Captain up soon enough, but he needs it.
3:37:00Say, look, my wife and I, we do the same for many, many times when there's a real high heart, but we don't bother for many with it because he's got it.
3:37:07He's definitely got it.
3:37:09But he didn't climb these things all the way.
3:37:11So it's been really good for me.
3:37:15Well, it is all that I had an opportunity last night.
3:37:17I just told a lot of people to get out there and make their forecasts look good and get out there.
3:37:25And if any of the forecasts are low and say things like that, I'm right as in on the other guy that's done it.
3:37:34I mean, the whole purpose is to make sure that's all be wrong.
3:37:40But at least let's try to somehow get all the...
3:37:46believe something, say something, and make a soul.
3:37:50That's the whole point of this.
3:37:52It's side work.
3:37:53It's even the fellows who put out the GMP figures.
3:37:58They kept them up.
3:37:58There's lots of room for manipulation.
3:38:03Well, there are many areas of judgment.
3:38:05Somebody has to exercise it.
3:38:07They exercise it.
3:38:09This old kid, Laffer, has worked up his material.
3:38:14And he insisted on getting the data without seasonal adjustments.
3:38:18He wants to know what the actual data are before they measure them.
3:38:22And that's one of the reasons why his results have come out different, that he starts with that data before they massage it, and he gets a somewhat different look.
3:38:31And that's a very controversial thing, but in the process, what he does...
3:38:36is raise some questions about their seasonal adjustments.
3:38:39Except the most physical groups, they're not very, they're worried about where you're going.
3:38:44Obviously, when you put it on, it's like a French dream book.
3:38:47You don't want these people to face it.
3:38:49They're not our people.
3:38:50They're your friends.
3:38:50They go on and on.
3:38:52They're not the players.
3:38:54They're the people.
3:38:55I don't know what to say.
3:39:09I've known him for many years.
3:39:12So, uh, he's a great guy.
3:39:13He's a great guy.
3:39:19By the way, when I said that he's good at this, I mean, it's got to be, uh, obviously he's, uh, he's definitely one of the second fighters, you know, he's the guy that won the fight.
3:39:31He's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh, he's, uh,
3:39:47Aaron, he's a pretty smart writer.
3:39:49I get up here, and I just sit there reading, and what it had to say, or, you know, he said five or six things.
3:39:56But I had to go, well, he's not, I don't know, he's like, you know, good writer.
3:40:01He's a good accountant, necessarily.
3:40:04And he's a very good writer.
3:40:05Very clever with words.
3:40:05Well, I'm very, the word is, I know that in this summer here, I saw one of the, well, three things I'm supposed to say tonight.
3:40:11I mean, it's,
3:40:18He doesn't think the economy will move up as fast as our forecast, I believe.
3:40:37Partly what we have here is a difference of view about how fast the economy will go.
3:40:43And Milton thinks that the money supply increase on the order of 4 to 4.5% is just dandy.
3:40:51And I'm facing the fact that the economy won't move up very fast.
3:40:55Well, according to Lampard's model of the economy, if the supply performs that way,
3:41:09a good strong price.
3:41:10And so it isn't so much a difference in the forecast as it is a difference about what the right policy is.
3:41:21And that's sort of the essence of our dispute with Paris.
3:41:29Did you already tell me about the CDI in your conference?
3:41:35I did.
3:41:35I did.
3:41:36I did.
3:41:37I did.
3:41:37I did.
3:41:38I did.
3:41:38I did.
3:41:38I did.
3:41:44Let's see if I can get that to go down in a minute.
3:41:46But there are a number of them here.
3:41:48I mean, I'll mention it five times right now.
3:41:52You don't ever see that on the desktop.
3:41:54But I can get it to just melt in your hands.
3:42:01Go back and read Trinity Washington Star and Econ and the others.
3:42:05And you will find those patterns have always played the unquestionable.
3:42:10It's the exact same thing that they always play to you.
3:42:16But the others didn't.
3:42:17They always swear to the other.
3:42:18And then they'll have you go, can I?
3:42:21What the hell is this?
3:42:22Why does that have to stand here?
3:42:27See?
3:42:27Can we do that, Father?
3:42:28Just for my own personal satisfaction.
3:42:30I want that for each of us.
3:42:31Also, can I see?
3:42:34go back and read it, and start reading about the last time they did it.
3:42:38The seasonally adjustment was below the other.
3:42:41And about this time, we got a push button that immediately cut it off.
3:42:46And I get a little chance to go back three months to find a good, clear example where the seasonally adjustment was less than the other way around.
3:42:56You see, there are two additional things here, which are both in the release, and I hope
3:43:03uh, that the, uh, when they brief the press, they bring these out.
3:43:09One is that this is the smallest month of the virus since February 1967.
3:43:14That's three years.
3:43:15And, you know, just, uh, and the, but, and here's something that's not included in the books, that the average prices
3:43:26is unchanged now for a year.
3:43:29The same now as a year ago.
3:43:30That, to me, it's the housewife.
3:43:32We're also beginning to get now the effects of the reduction of mortgage interest rates and the housing thing.
3:43:40It's kind of services, you know, back services.
3:43:44That's another separate housing thing.
3:43:48Oh, services.
3:43:48You know, it's creeping up.
3:43:52So anyway, that's a little better.
3:43:57We still had a little effect of that last month, but that's about out of it now.
3:44:04That's the end of that.
3:44:05Oh yes, you would have some because the locals were always going to get in anymore.
3:44:17They get their inventories out for the new cars, and they get into the selling season when they start discounting more.
3:44:26U.S. car prices fell in this last month, which whenever you find a galactic man, you know, you start to set off the old.
3:44:36As they also, I think, the season goes along, that's part of the discounting that goes on.
3:44:41On this international thing, my impression is that Peterson was really getting around.
3:44:49He talked to the people who were helping him.
3:44:53staff and he's on a good track with this uh adjustment assistance i think that's uh which is going to be a project he'll propose to this council our guy says uh well this is something that we have pushed in the administration that was in your trade bill last year
3:45:20And he had a lot of kinds of ideas for advertising.
3:45:21He had a lot of kinds of ideas for advertising.
3:45:49I've been a little of it for too many years now.
3:45:51It's, I think, the right direction to be working in.
3:45:53There's a lot of problems.
3:45:56It's going to cost a lot of money.
3:45:59But the goal is to be some way or the other.
3:46:02So here's the general teaching.
3:46:03Some way or the other, he doesn't pay for it.
3:46:06And there's a lot of insurance applications in this.
3:46:16in the direction of encouraging acquisitions of burgers, which means that we're going to have to list Mitchell early again to take hold of that and trust the people over there.
3:46:34I had a very interesting conversation with Stanley Barnes about this.
3:46:40Stanley actually just let me know, and I was asking him,
3:46:53He said, I had one great event where I took an intimate, regular interest in what my relationship was doing, and was at all times able to represent my problems with the President.
3:47:05He said, I very quickly input back and forth with the President.
3:47:11He said, if I could see one defect in your present problem or situation, it is that my partner and the President do not have that kind of link.
3:47:20Why not?
3:47:20And I said, well, I'll write it down.
3:47:23I think you're right.
3:47:24And I said, yeah.
3:47:25And I said, yeah, that's our problem.
3:47:27I think you ought to just sort of let us know where to run that division.
3:47:30And that's where you link it up.
3:47:32If you ever desire to call us from anywhere, it's an honor to call you.
3:47:34I never thought that it was a sandbox.
3:47:37Linking didn't go nearly as far as a sandbox, but it did.
3:47:43That's all right.
3:47:44He worked with the Assembly of the Presidents of Illinois.
3:47:46You remember?
3:47:46That's the one thing about the President.
3:47:48All of them are hurting.
3:47:48That's it.
3:47:49Well, I guess it's a condition that we all have to listen to.
3:47:53You're very often assessing any trust center that you're in.
3:47:58That's what I'm talking about.
3:48:05I mean, it's like these airlines and other things.
3:48:08But one of the things, one of the things, you know, the plane, this new company, yes, probably is going to be, I mean, he's going to be, I mean, on that, over that thing, on the plane, you know, the business guys will all run the company.
3:48:22What are you going to do?
3:48:24Stop your side on the line for a minute and see what happens.
3:48:30You grew up in a period of, you know, the antitrust and all that sort of thing.
3:48:37I didn't know it was at the present time.
3:48:39You know, around the world.
3:48:40You can't see it.
3:48:42You can't see it.
3:48:51Just for college.
3:48:53And it's why our government, the organization, is just amazing.
3:48:56In some instances, in a bigger unit.
3:48:59It's the better way to do the job.
3:49:01How do you do it?
3:49:02We are here for you.
3:49:06Take it to be closer, about 40 minutes to the morning, see you okay.
3:49:08Take it to the airline, okay.
3:49:11We're leaving the airline, okay.
3:49:13I hear you, thank you.
3:49:16Good day.
3:49:16Are you all strongly alert?
3:49:17Black and white and brown, we see all of these.
3:49:20Got it.
3:49:2010-3, I'm starting to notice.
3:49:22You just said something that points it out.
3:49:26You said there's a need for a tolerance policy.
3:49:30I don't think that 5,000 out of 1,000 attending with this ministry can have a trust policy.
3:49:38They can tell you, they think it is, that you cannot merge with anybody or require anybody, that there are any secrets out there, and they're not sure at all.
3:49:47Yeah, that's absolutely not true.
3:49:48You know, I've been through a lot of people, and our friends in the case, and I don't want to live anything for our friends, like in Tennessee, we didn't do anything for them, we gave them the need to, but...
3:50:06There is, there is, you know, in the dry land, there's no control, and that's a test.
3:50:12It's a test whether it's major or not, it's whether it's good or bad.
3:50:15That's all.
3:50:16And so there's a lot of that action.
3:50:18There's a lot of that action.
3:50:21It's a very bad, uh, threat in the early stages.
3:50:24It was, it didn't make sense in terms of the competitive picture of what was happening.
3:50:30And I still think, um, you know, George Stigler,
3:50:34was the head of the task force for you, right after one of those tasks.
3:50:38Yeah, right after the election.
3:50:40On the subject of antitrust, was he a competitive policy guy?
3:50:43Well, he wrote a damn good report, and he felt it got completely brushed off, firing it off in a totally different direction from what he thought.
3:50:51All right.
3:50:52And it might be worth getting that out again, discussing it off and looking at it, because it was a hell of an idea to me.
3:50:57You know, when it's meant for me to visit you some other kind of impressive times, uh,
3:51:04Can I get this, this client, can I get this, can I get this door over there, out of this?
3:51:08Then we better get this.
3:51:11We better get this.
3:51:13I feel very sorry about it.
3:51:14That's it.
3:51:14That's it.
3:51:21Well, it has to do with a swarm, or a trait event, most critically.
3:51:25And if we're gonna, if we're gonna find viable substitutes for a trait event, or for Clotus, or for whatever, then we're gonna have to come to grips with it in the first instance.
3:51:35Otherwise, we're not gonna be able to do it together.
3:51:41Quadrant.
3:51:42Quadrant of the monochrome versus traitors.
3:51:44Quadrant.
3:51:48So, Parker has his mind.
3:51:53I think he has, uh, that he'll probably say that he's trying to increase the money supply, and he can't because there isn't enough demand.
3:52:05And then in the next breath, he'll probably say that interest rates are getting down pretty low, and he's hesitant to create reserves and drive interest rates down more because of the balance of payments.
3:52:17So we tend to go around in that circle.
3:52:23I believe, as a technical question, although it's very hard to face our command on these things, but I believe that it is just nonsense to say that they can't create, they certainly can create the reserves and that will produce an increase in the money supply on interest rates.
3:52:45We have taken the big short-term outflow already.
3:52:49That has mostly happened, although not completely.
3:52:54And the interest rates are low only by comparison with where they've been in the last couple of years.
3:53:03They're not low by a longer historical comparison.
3:53:06The average borrower is still 7%.
3:53:15Going up in the air like we'd like to see it, or as I would like to see it, by the way, McCracken.
3:53:23I turn around if I may ask, before we get there, did you have a hot with you and McCracken at the top of the economy?
3:53:33We had a regular meeting against David.
3:53:38There's three of us with Peterson, and we'll bring Peterson in as Mr. Kamara.
3:53:43Well, I want you to put, I want Connery, you know, to take a little time.
3:53:47You can't bring him straight with Arthur too fast.
3:53:50But he'll, then you'll have another voice.
3:53:54He could sing it all the same way, if you call him.
3:53:56But he gets, with all the hard work, he can look Arthur in the eye and say, Arthur, are you going to listen to that?
3:54:05Conner will.
3:54:05He is...
3:54:07worried about the balance of payments.
3:54:08I think we, this is one of the subjects that Peterson's group should work on is to let us get ourselves a good perspective on this product.
3:54:18A fellow over at the American Enterprise Institute, Dr. Peter Hobbler, who's a famous internet analyst, put out a very good statement on this just last week, and I think we might make some use of that too.
3:54:34I also raised the question of what do you want us to say on that?
3:54:41What do you want me to say on that?
3:54:46I don't know.
3:54:48We're still waiting for Hutch.
3:54:51We are keeping our options open.
3:54:53We're waiting to come more and more to the view and from what I'm hearing that
3:55:07Uh, because the, uh, I ran into this, I had an injury, and you know, he was back, and I thought, well, I think John felt the same way I did.
3:55:18And, uh, I just wondered if it doesn't create a great, huge, epitomically freeing place.
3:55:25And then he just continued to walk.
3:55:28Well, another possible thing that might happen is if you have this freeze, and then the diaper people look,
3:55:37have the board and so forth.
3:55:40And then you say the freeze gets continued, or we have to do something along those lines.
3:55:48And then the locals start striking in spite of the freeze.
3:55:52And then the labor people say, well, it's the president's problem now.
3:56:05Well, I think we can come back to the David's statement possibility, and I think you're in a much better posture to do something about that.
3:56:13What I can say in the statement is, as a matter of fact, is that certainly we laid the groundwork by pointing out that the industry, as I said, is a second industry, but not the one.
3:56:24And second, at the close, I don't know if I said $14 million in contracts in this industry.
3:56:31Now with that in mind, I agree with you on things the same.
3:56:35I just want you to understand.
3:56:37And I understand.
3:56:41George, you heard me, Dad.
3:56:42I know how things are going to be.
3:56:44I think those constructions, those trains, those guys, I'm going to force them in now.
3:56:51It's the fact that there's too much time.
3:56:54We weren't going to go out, you know, a few days ago.
3:56:57They're down, they're down, they're returning, they're going to eventually.
3:57:00But the data space is a huge temple to an awful lot of people.
3:57:04Now, I know the argument is that I understand folks like Beckel and the rest don't want data space.
3:57:10That's correct.
3:57:10But Beckel, here's Beckel's problem.
3:57:12He operates a sector of the industry that's completely immunized.
3:57:16And he is...
3:57:19He is at the mercy of the building trade union.
3:57:24So whether he would like the Davis-Bacon Act repealed or not, he will not utter a word about it.
3:57:31He doesn't want to be anywhere near the Senate.
3:57:34He has a government contract.
3:57:40Alright, we have a, he has accepted the productivity commission that's been made with Yeah We have another problem, of course, the argument by, by, and I try to understand, not only Hodgson, but Colson, working with our previous guys to find out, okay, these guys Well, we had a pretty good fight going on in Philadelphia, so I had a match where we got through
3:58:09They had more respect for us than when we started.
3:58:12They went to Hudson.
3:58:15There was a big dispute about the accrediting of rules.
3:58:18I see that they have.
3:58:20And when I was secretary, we were about to put out a change, and it happened, and it wasn't possible to do it before I left the job.
3:58:31So Jim has been nursing that along ever since.
3:58:35And when this wage-price business came up, the construction union people went to him and they said, look, you put aside these predatory changes so we can continue our discriminatory policies, in effect.
3:58:54And, uh, if you want us to play ball out of this.
3:58:57And Jim to his credit said that I won't make that kind of appeal that you can't even put them out.
3:59:03And that may be part of the problem here.
3:59:06But they have this coming to them.
3:59:08Yeah.
3:59:12And there is a number of signs over about our old friends and the way we moved.
3:59:19If we had friends.
3:59:19Well, there they, the...
3:59:21Just what is going on, I don't know.
3:59:25But they're playing a very tricky game here.
3:59:28Humphrey goes down and he puts out these statements.
3:59:34He puts out public statements on the freeze and so on.
3:59:43Whether they're going to play a string game with us or not, I think is a real question.
3:59:47I don't see why.
3:59:50Well, yeah, well, we played a great game with them, all right, but I don't think, it seems to me, there's no reason to get you in a position where you get mass-tracked on.
4:00:01Does that haircut matter?
4:00:02My daughter says, when it gets done, Frankie, what's right?
4:00:07Well, I'll pay the same price.
4:00:11I know.
4:00:13But I don't think we sit in a political
4:00:22Yes, it'll have a, I think, a very healthy effect over a long period of time.
4:00:25It's all right.
4:00:26It's a benefit to legislation.
4:00:28It's a benefit to legislation.
4:00:30I think that's the thing.
4:00:31I think it's, I don't know how hard I think it's going to be.
4:00:36But the point is that I think that we can do this again.
4:00:41Yeah.
4:00:43If they take us through around here, they don't come up with them.
4:00:48We pray.
4:00:49And they say, well, we withdraw from the Productivity Council.
4:00:53And they might withdraw.
4:00:55Well, if they do that, so they withdraw.
4:00:57We go ahead and work with them.
4:01:00Well, labor is giving itself a position that does that with other statements it makes of being the bastion of the status quo.
4:01:10There again, so attention.
4:01:11Well, yeah, when I saw your status on gravity and all that sort of thing, my God, I mean, I, I think it's a very good line, John.
4:01:20I picked it up out of your, say, your advice on the president.
4:01:24You know, so I said, the establishment is all against me.
4:01:29That's the way to push it.
4:01:35People don't want to be stopped.
4:01:38You ready?
4:01:38Sure.
4:01:39Sure.
4:01:39I really don't get it.
4:01:39Most people just don't like it.
4:01:41It's very respectful.
4:01:42I'll tell you, there's one thing that really takes me off the course in this thing.
4:01:45I don't feel they've mistaken or anything else in the construction industry.
4:01:52It's very difficult for the average citizen to do what we do, to buy groceries, to understand why an increase in wages in the construction industry affects his cost of living.
4:02:02He's not buying a house this week.
4:02:06He hasn't bought a house for a long time.
4:02:08He's not planning to do it.
4:02:09Why don't we put it in terms of this?
4:02:11We've got one way that we can put it.
4:02:14You can't say it's this.
4:02:16We're talking about a $14 billion worth of government contracts.
4:02:27Why?
4:02:28Yeah.
4:02:53My God, I mean, it's a very good line, John.
4:02:56I picked it up out of your advice and question.
4:02:58Notice I said, the establishment's all against change.
4:03:01I said, labor's against change, agriculture's against change, business is against change.
4:03:10That's the way to cook it.
4:03:12People love this job.
4:03:14Do you agree?
4:03:15Sure.
4:03:15Sure.
4:03:16I really don't get it.
4:03:16Most people just don't like it.
4:03:18They understand it.
4:03:19It's very disrespectful.
4:03:20I'll tell you, there is one thing that I wouldn't take your hands off.
4:03:22It's important in this thing.
4:03:23We don't take a statement or anything else in the construction industry.
4:03:29It's very difficult for the animals to do what we do.
4:03:32Buy the groceries.
4:03:35by an increase of wages in the construction industry.
4:03:41He's not buying a house this week.
4:03:45He hasn't bought a house for a long time.
4:03:46We've got one way that we can put it.
4:03:52We're talking about $14 billion worth of government contracts.
4:04:0274 to 76 billion dollars a year.
4:04:07Why?
4:04:07Because of the internet.
4:04:14Now, what about the third thing?
4:04:17You're taking it low there.
4:04:21It's not ours.
4:04:24Yeah, and you're writing it down.
4:04:26You're writing it down.
4:04:42construction, you know.
4:04:44But let's be truly true, it's just horrible.
4:04:51The time it would cost John.
4:04:53Ask him.
4:04:54Ask him.
4:04:54We'll have him come see me and find out.
4:04:58We have $14 billion worth of construction money going out.
4:05:04And we want to see it go for additional jobs.
4:05:07I'm not sure how to say it one way or the other, but it's for the traffic.
4:05:10They're not making a sound out of it.
4:05:12I'm just thinking it's an RV that has a high, you know, that's too rigid, or whatever you want to call it.
4:05:22And this is with regard to CDI.
4:05:27What are the calls with that NLS?
4:05:29They put it out of the DLS.
4:05:32We say that we have a call from a crime unit.
4:05:37Or, uh, the last time he was messing around, so the apostate came over on the unemployment figures, uh, making a statement here to, uh, Strasburg, well, let's have some fighting.
4:05:48Let's get a camp hospital appointed here.
4:05:51Here's what I'd like to have done.
4:05:53I don't want it done the normal way.
4:05:55I, I would like to have it done, if I may say, on this one.
4:05:59Sort of to walk out and say, John,
4:06:02Speaking to the tubes to get any facts about this piece on stage one, it is the lowest, it is the lowest in three years.
4:06:11Say that one.
4:06:13And second, it is food prices have not risen for the last 12 months.
4:06:19This is encouraging the inquiry that we have turned.
4:06:24that drives the cost of living is being checked and that our policies are working.
4:06:28Just say those three things, Karen, if you want.
4:06:31I'll say it on TV.
4:06:32I don't mind.
4:06:33I mean, put my subpoena back on there.
4:06:36If a damn thing goes up, then let it go up.
4:06:38If you don't even have any advantage in there, you don't want to show the guy that you're fighting.
4:06:44And I can say that in three minutes.
4:06:45And I'm actually not going to say that in 30 seconds on TV.
4:06:49I'm going to say it for a time.
4:06:50They're going to have to say it later.
4:06:53The next one, when it goes out of this thing, the person will make a comment.
4:06:57No, he's going for it.
4:06:58You don't need to make a comment.
4:07:00You just take the announcement and say, George, let's take it and answer your questions.
4:07:05Oh, I go out there and do it.
4:07:07A lot of men should ask the question.
4:07:08Just take the thing and just say it.
4:07:11Say goodbye.
4:07:12It's not easy.
4:07:13Yeah.
4:07:14And I have questions over here at all.
4:07:16So, I thought that you could ever understand it because, Michael, I've been
4:07:21Well, there's that, and we do have that.
4:07:23That's it, right?
4:07:24That's the number one thing.
4:07:25I'm not sure, but I think we all agree at this point that this is the lowest, when a one-tenth of one percent, that is the lowest in three years.
4:07:37I think that should be said.
4:07:40Yeah, I think you're right.
4:07:42All right, then we're going to go back to Genesis, and we've got to get practice.
4:07:49Now, the closer the, the, we have some,
4:07:56And while we did what he was saying, he said there's a lot of recurrent news.
4:07:59And I thought, let's put it this way, he was saying, we have a much greater frequency than what he said.
4:08:04That's accurate.
4:08:04That is the way to solve it.
4:08:05It's accurate.
4:08:06We have, I think he just ought to go out and say that we have some recurring figures.
4:08:10I mean, I have some recurring figures in regard to the consumer price intentions.
4:08:24One, it's going down.
4:08:27Two, it's going down.
4:08:28One, it's the lowest increase in three years.
4:08:31Two, food prices have been at the grocery store, and then, don't you call it the grocery store, have not gone up three years.
4:08:42It's none of this is an indication that in spite of the fact we will have, and as we always have, if she goes with these figures, the trend is downward.
4:08:54We are, our policies curbing the rise in the cost of living are working.
4:09:01Put those three things up, haul them, get this over to, get this to that, get it to TAPR for example,
4:09:09I've got a towering cloud signal.
4:09:10Maybe put in some goddamn cute words here.
4:09:13Just like that.
4:09:14One, two, three.
4:09:14They'll be saying, get it down to the hill.
4:09:17Get it over.
4:09:18So a few clouds down there will say, close.
4:09:20Send it around.
4:09:22Here's one of the places where it's greater.
4:09:24Somebody uses a little model and flashes it around to the hill.
4:09:28Some of the things you can use in your speeches, boys.
4:09:30Some of our calls aren't that great.
4:09:32I don't think about that.
4:09:41that the thank yous are going to happen next month.
4:09:48This is a technological situation.
4:09:50If we haven't any confidence at all in what we've been doing, then we've got to arrive at the area that it's in business.
4:09:56And that also helps.
4:09:58It helps people in terms of buying things.
4:10:00We talk about why don't people buy things?
4:10:02They think prices are too high.
4:10:04They're going up.
4:10:05They think they're being checked.
4:10:06See, I just talked to you earlier.
4:10:08If you've got a high-end black box, if you don't do it enough, well, why do you think I should do it?
4:10:13I thought this got damaged.
4:10:14You've got to throw another gun on it.
4:10:18I guess not.
4:10:21No.
4:10:21It's something that's true.
4:10:22I don't think it's, uh...
4:10:23I heard his info, and I agree.
4:10:24But I don't think I've ever seen anything like that in my entire life.
4:10:27Ooh, I've seen it over at the Woodrow Austin Express.
4:10:44This is the old fire pit.
4:10:44You have a minute for two at the fire pit.
4:10:50Oh, they won't believe the things that are on there.
4:10:52Why can't you?
4:10:52Why can't you?
4:10:53All we can do is just say, well, I'm going to go through to the Senate.
4:10:55I know what the CGI is going to be tomorrow.
4:10:57I can't tell you if it's the military.
4:10:58You'll get the lead on that.
4:10:59I could have the economic advisors.
4:11:01There's a good figure of the CGI going on tomorrow.
4:11:03I'm going to just drop it on there.
4:11:21What's the matter with that?
4:11:24You got a problem?
4:11:25What's the problem?
4:11:26No, the problem is that now they work on the canyons and stuff.
4:11:29All right, then they move up.
4:11:30Then they move up and start leading to the end of the unit.
4:11:34Yeah, yeah, yeah.
4:11:35All right, we won't do that.
4:11:36No, no, no.
4:11:36Let me say this.
4:11:37Well, there's a general feeling that our press groups are going to use the couch a little bit more often.
4:11:41And that kind of leads to some answers for the rest of the thing.
4:11:47Maybe I can't do it.
4:11:47But can somebody else say it or something?
4:11:51don't give it up there's encouraging encouraging that you have a cpi coming up there's that twist
4:12:18The main thing is, please, this is how you get all of our three points.
4:12:22For God's sake, I don't want to get with the Washington Star tomorrow and see it all twisted around so that you can hardly recognize it.
4:12:30I'm going to do just three.
4:12:31That's all.
4:12:31One, two, three, four.
4:12:32Don't do too much.
4:12:33Most people are going to have a green monitor.
4:12:35They're just going to put it out at least three.
4:12:37One, two, three.
4:12:38That's what we were going to try something different.
4:12:41Well, it was this idea of just laying the release on the table and walking away.
4:12:49Why not?
4:12:49I think these guys are kind of horrible guys.
4:12:52They're just not going to sell these ones.
4:12:57Yeah.
4:12:58Well, I have tried to work it with more and more power.
4:13:04That's the point.
4:13:06I have to re-organize these points.
4:13:09I said, you've got some good news here.
4:13:11And I'll tell you, it wouldn't do the BLS any harm.
4:13:14I said, I'm not white-out, but you've managed to run it out that way.
4:13:16I don't think you've got that message, but I'll hear you when you go through.
4:13:28How did I get here?
4:13:30This is a surprise, but also a really good one.
4:13:37You're not reaching your comfort zone.
4:13:43Can we ask you to co-sponsor?
4:13:49I wonder if you could give me another hand if you come down.
4:13:53Well, as you know, I can't hurt you because you're over there doing him a favor right now.
4:13:56You've got to praise him because, you know, he's very...
4:13:59If you were to just take him aside as a friend and say, Hey, Cuber, I want to ask you to do something.
4:14:05I know you're forward-riding me, Terry.
4:14:07I want you to be a close sponsor.
4:14:09I don't see how you can say that.
4:14:13I know both.
4:14:15So you're going to have to do that again, don't you?
4:14:19Yes.
4:14:19Yes.
4:14:19Yes.
4:14:20Yes.
4:14:20Yes.
4:14:20Yes.
4:14:20Yes.
4:14:58...the decision on the NASA administrator.
4:15:01Today, we're going to have to say that we can't expect this.
4:15:06Who is?
4:15:07Now, who?
4:15:08Jeff Fletcher.
4:15:10Who is he?
4:15:10Well, he's been president of the University of Utah.
4:15:13He was before NASA, uh, with Vice President, Aerojet General.
4:15:16Before that, he founded the Space Electronics Corporation, which he sold to Aerojet General, and took over NASA.
4:15:25Very highly regarded, because if you wanted to be level hockey as fast, he has emerged as the biggest across the board.
4:15:38He's the first player that I've ever met.
4:15:40And he's a part of our team.
4:15:42He's a part of our team.
4:16:02He's our Aero Jet General and he's great.
4:16:11He is the Aero Jet General.
4:16:15He's been at the University of San Diego and he's the top candidate.
4:16:24He served for NASA.
4:16:31Okay, everybody, let's have a talk, and I'll wait for you tomorrow.
4:16:34Now, if you want to have anybody to, I don't know, we've been trying to program it off, as you are, but on this first meeting, and I think you should, this is going to be the first meeting in a program, and as you say, I finally have been secretary, and I think you might have some issues.
4:17:04What we ought to do, though, is, if I do get any comments, we might probably go a little too fast.
4:17:09And, uh, if you and I have a chat, it's not going to be one of you, but I want to send it back to you.
4:17:15But I feel very sorry for all of you on both of your streets.
4:17:19I, I think it's the only thing that's going to save us.
4:17:21We always hear that it's going to break the county.
4:17:23It never has, and it is going to now.
4:17:26So the county has to do it.
4:17:27The county has always had to be prepared.
4:17:30So our economy grows.
4:17:32We're as much as a whole.
4:17:33The county economy is awesome.
4:17:37And all of a sudden, I'm in New York, and we go over and just, just, just go out of our minds.
4:17:46You know, it's a central backer, New York, and people just go back to us and run us down.
4:17:55I think we're going to have to try to return to that.
4:17:58I'm so sorry.
4:18:00Bye.
4:18:03We've had a real breakdown in the cities, counties, and states coming back.
4:18:30But then, the rest of the party is scared.
4:18:32Oh, who's he?
4:18:33Who's doing it?
4:18:33Well, it's Roy and the girls.
4:18:34Roy gets up now.
4:18:54I'm all for it.
4:18:56I'm for it.
4:18:59I don't know.
4:19:25And so, you know, George, the model here is this, this guy on his bed, and that is his mother's home.
4:19:32They proved it, Johnny, that he could get in there and keep a van wrapped in coal.
4:19:37You know, I had no idea who you were here to talk to when you were on there.
4:19:43You are here now.
4:19:46But then we find out that the whole, that he loved that episode of The Critics.
4:19:53Because all the time I was studying, he was looking out at us, and I was like, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh.
4:20:20Well, we're going to take a lot of this together this week.
4:20:23We're trying to, we're trying to, we're trying to, we're trying to, we're trying to, we're trying to, we're trying to,
4:20:35I don't have a story, but I guess so, and I've heard it, and I've heard this, and I've heard it, and I've heard it, and I've heard it, and I've heard it, and I've heard it, and I've heard it, and I've heard it,
4:21:06I got a 40,000% and I said, why don't you call and give me your two biggest states, cities, and counties to get involved.
4:21:13Because I don't know if somebody needs to ask me.
4:21:21Yeah, well, see, now, I don't know.
4:21:22As I'm hearing this, he's a friend of mine.
4:21:24He's been in the county, in the county, in L.A. County.
4:21:27And he dwarves the rest.
4:21:28And I think there's none of this kind of thing.
4:21:31Check the record.
4:21:31He keeps his friends' voices on for it already.
4:21:36But we got him all the way from Stokes to Luther.
4:21:38And we get the whole second.
4:21:40But he's one of the guys, Jeffy.
4:21:41And he can let the list go.
4:21:48And he's doing it.
4:21:49He's doing it.
4:21:50Well, he's getting those problems at the yard.
4:21:52See, he's trying to get the yard congressional delegation to jump together.
4:21:56He's working hard on that.
4:21:58And he's also working on the citizen organization.
4:22:00We're going to launch the first bipartisan citizen organization next week.
4:22:02I'm going to put my name on that.
4:22:07You know what I'm trying to do?
4:22:08I'm trying to keep it strictly away from the administration.
4:22:15Good morning, everybody.
4:22:18Well, I know this is a big thing, and this thing on the hill,
4:22:37Let's get some of our people to say something.
4:22:43Get somebody to relax.
4:23:16Peter's great.
4:23:17He's great.
4:23:18And, uh, Barbara Connell, John Anderson, and the house are, are, are, flying away.
4:23:20We're getting a good floor action.
4:23:21And it's gonna get a reasonable amount of copy-up.
4:23:24But things like, uh, listing, unions, things of this kind, aren't making it as a target.
4:23:29We don't have any of those, and they're very tough for us as a country.
4:23:34What in the devil is listing, you guys support?
4:23:37I don't think we have enough.
4:23:41That's just because we're a poor church.
4:23:44He's trying to figure out his own position on it.
4:23:47What's he want?
4:23:48You know, he could give us more money.
4:23:49He wants $10,000, but he also wants more money to have our own programs, and he says, you know, we don't have our own business, but he's using all the technical stuff, since we don't have our own, you know.
4:24:01Well, one of the things that I was hearing something, he said, is that the last, the last that he gave us was, well, he's going to have our own programs, and see the president's place, and he'll see that he's trying to change the cities.
4:24:13And the city's not standing toward this whole thing.
4:24:15And I'm sure they're talking about $5,000 for general revenue sharing, but they're taking $5,000 off the other end.
4:24:19And their heart's not in this thing.
4:24:20They're really not important to someone.
4:24:21But I'm not sure.
4:24:22No.
4:24:22No, I'm not.
4:24:22I'm not.
4:24:23I'm not.
4:24:23I'm not.
4:24:23I'm not.
4:24:24I'm not.
4:24:24I'm not.
4:24:37to find out if you can prove some way to end this.
4:24:42Compared with the president, he's not a disorder in New York City anymore.
4:24:46Well, we went out on a quest to do that.
4:24:50We've got to settle our distribution for us.
4:24:52And we're working on that as fast as we can go.
4:24:55Rodney is definitely going to send his department to me all the time.
4:24:57I'm working out their distribution.
4:24:59Let's get Rodney in here.
4:25:02He's reading a number of headlines this morning.
4:25:04And he's gone there in no form that's comfortable with that.
4:25:07Yeah.
4:25:12That's right.
4:25:14Well, we're going to break this down.
4:25:17The other thing, of course, is that if you're going to speak for these brackets, I mean, here is a double-handed version.
4:25:23If you get a straight, you get a right hand.
4:25:25And then Tom comes off like a hand-trump.
4:25:28There's all that.
4:25:28And then that, uh, Governor Yardley, he's going to talk about Governor Yardley.
4:25:33He's going to talk about him all day.
4:25:36By the time he gets through, he spots that the guy turns to the back guys.
4:25:42Because in life itself, it's a tool you already have to remember to use.
4:25:44And it's better to put it back up there in black, son.
4:25:46Now, he's out with nobody I can inquire about.
4:25:48There's some truth.
4:25:49Yes, since he realized he's got it.
4:25:51He hasn't been along, and I've talked to him, and I've told him that he's got it.
4:25:56He's my mom.
4:25:56He's got it.
4:25:57He said it just works because he's got it.
4:25:58He'll do that.
4:25:59What does it mean?
4:26:01That he has it.
4:26:05Yes, that's right.

Nixon, Ehrlichman & Shultz on Economic policy and Public relations

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Also recorded on February 18, 1971

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