Mark K. Updegrove — Indomitable Will: LBJ in the Presidency — Videos

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BookTV: Mark Updegrove, “Indomitable Will: LBJ in the Presidency”

“Indomitable Will: LBJ in the Presidency” — Mark Updegrove

“LBJ” with Mark Updegrove, Rob Reiner & Woody Harrelson

Indomitable Will: LBJ in the Presidency

Published on May 11, 2012

Mark Updegrove, named “one of the country’s best historians” by CNN, is director of the Lyndon Baines Johnson Presidential Library and Museum. He discussed his book, “Indomitable Will,” which provides a portrait of LBJ through the stories and recollections of those who were with him everyday during his presidency. The session was moderated by Terri Garner, director of the William J. Clinton Presidential Library.

This footage has been provided by the Clinton School of Public Service. The Clinton School of Public Service is the only school in the nation to offer a Master’s Degree in public service. It is located on the grounds of the William J. Clinton Presidential Library. The Clinton School’s Distinguished Lecture Series are speakers whom speak at the Clinton School, and can be attended by the general public through reserving a seat. More about the Clinton School of Public Service can be found at the link below;

An Intimate View of the Indomitable LBJ

LBJ: The 36th President of the United States

36 Lyndon Johnson

PBS LBJ Part 1

Presidency of LBJ

LBJ Documentary “The Great Society”

LBJ: From Senate Majority Leader to President, 1958-1964

How LBJ Mastered the Senate: The Most Riveting Political Biography of Our Time (2002)

The Most Riveting Political Biography of Our Time: The Definitive Portrait of LBJ (2002)

How Did LBJ Make His Money? The Disturbing Story of His Political Rise and Corruption (1990)

The Open Mind: The Years of Lyndon Johnson: The Passage of Power, Part 1 of 3.

The Open Mind: The Years of Lyndon Johnson: The Passage of Power, Part 2 of 3.

The Open Mind: The Years of Lyndon Johnson: The Passage of Power, Part 3 of 3.

The Open Mind: Lyndon Johnson – ‘Master of the Senate’

The Open Mind: Lyndon Johnson – ‘Master of the Senate’ Part 2

The Open Mind: On History, Biography, Literature… and Robert Caro, Part 1 of 2

The Open Mind: On History, Biography, Literature… and Robert Caro, Part 2 of 2

How to Write a Great Biography: Authors Explain the Secrets to Success (1999)

Q&A: Robert Caro – Part 1

Published on May 7, 2012

Pulitzer prize winning author and historian Robert Caro discusses his newly released biography of Lyndon Johnson entitled “The Years of Lyndon Johnson: The Passage of Power.” This is his fourth book in the Johnson biographical series and Caro promises a fifth and final book in the future. The period covered in the book is from 1958 until early 1964.

Q&A: Robert Caro – Part 2

Robert Caro: Understanding Power (Full Length Version)

The Art of Political Power, with Robert Caro and William Hague

LBJ Versus The Kennedy’s: Chasing Demons

Death of LBJ as it broke

Indomitable Will

From Wikipedia, the free encyclopedia
Indomitable Will: LBJ in the Presidency
Indomitable Will - LBJ in the Presidency.jpg
Author Mark K. Updegrove
Country United States
Language English
Publisher Crown Publishing Group
Publication date
March 13, 2012
Media type Hardcover
Pages 400

Indomitable Will: LBJ in the Presidency is a biography of Lyndon Baines Johnson by Mark K. Updegrove, published in 2012.

Plot summary

Indomitable Will is a compilation of original interviews, personal accounts and recollections of individuals who knew, worked with and for President Lyndon Johnson during his five years as President of the United States. Sources include the Reverend Billy Graham, Carl Bernstein, Liz Carpenter, George H. W. Bush, Walter Mondale, Harry Middleton, Rose Kennedy, Gerald R. Ford, Helen Thomas, Ted Kennedy, and Bill Moyers, who served as White House Press Secretary in the Johnson Administration.[1]

The book focuses on the extensive legislation passed during Johnson’s Presidency and includes photographs, transcripts from his telephone conversations, and previously unpublished documents.[2][3]

The author is a Presidential historian who has written two additional non-fiction works based on the lives of American Presidents: Baptism by Fire: Eight Presidents Who Took Office in Times of Crisis (2009), and Second Acts: Presidential Lives and Legacies After the White House (2006).[4]

References

  1. Jump up^ Hendricks, David. “Express-News business writer and columnist”. MySanAntonio. Retrieved 5 June 2012.
  2. Jump up^ Langan, Michael. “News Book Reviewer”. Buffalo News. Retrieved 5 June 2012.
  3. Jump up^ Monaco, Frances. “Reviewer”. The Post and Courier. Retrieved 5 June 2012.
  4. Jump up^ “The U.S. National Archives and Records Administration”. The U.S. National Archives and Records Administration. Retrieved 5 June 2012.

External links

https://en.wikipedia.org/wiki/Indomitable_Will

Mark K. Updegrove[1] (born August 25, 1961) is an American author, historian, journalist, television commentator, and director of the Lyndon Baines Johnson Library and Museum in Austin, Texas.

Early life and education

Updegrove was born outside Philadelphia in Abington, PA, on Aug. 25, 1961. He attended high school in Newtown, PA, at the George School, which honored him with its Distinguished Alumnus Award in 2015.[2] He attended Guilford College in Greensboro, NC, and graduated from the University of Maryland, College Park, with a Bachelor of Arts in economics in 1984.

Career

Magazine Publishing

Updegrove spent much of his early career in magazine publishing, including serving as manager of Time Magazine in Los Angeles; president of Time Canada, Time’s separate Canadian edition and operation; and, publisher of Newsweek.

Lyndon Baines Johnson Library and Museum

Since October 2009, Updegrove has served as the fourth director of the Lyndon Baines Johnson Presidential Library in Austin, Texas.

Former U.S. Secretary of State Henry Kissinger and Mark Updegrove at The Vietnam War Summit at the LBJ Presidential Library in 2016. Photo by Jay Godwin.

Under Updegrove’s direction, the library partnered with the Aspen Institute on Medicare and Medicaid Turn 50, in Washington, D.C, in April 2015, and in November 2015, partnered with WETA-TV, on In Performance at the White House: A Celebration of American Creativity, which aired on PBS, to mark the 50th anniversary of the creation of the National Endowment for the Arts and the National Endowment for the Humanities.

Early in his tenure at the library, Updegrove oversaw the $11 million renovation of the library’s core exhibits on Lyndon Johnson and his administration, which opened in December 2012.[3][4]

Updegrove’s December 2014 Politico article, What ‘Selma’ Gets Wrong,[5] ignited a controversy over the portrayal of Lyndon Johnson as an obstructionist on voting rights in the film Selma, touching off a debate about the importance of accuracy in films based on historic events. In January 2015, Updegrove addressed the issue on CBS’ Face the Nation.[6]

Adjunct Professor/Lecturer

In 2013 and 2015, Updegrove taught The Johnson Years for Liberal Arts Honors students as an adjunct professor at The University of Texas at Austin. He has spoken extensively at numerous colleges and universities, museums, presidential libraries, and other public speaking forums.

Selected publications

Books

  • Destiny of Democracy: The Civil Rights Summit at the LBJ Presidential Library (University of Texas Press, 2015)
  • Indomitable Will: LBJ in the Presidency (Crown Publishers, 2012)[7]
  • Baptism By Fire: Eight Presidents Who Took Office During Times of Crisis (St. Martins Press, 2009)[8]
  • Second Acts: Presidential Lives and Legacies After the White House (Lyons Press, 2006)[9]

References

  1. Jump up^ Staff, Public Affairs. “Mark Updegrove Named New Director of LBJ Library”. The U.S. National Archives and Records Administration. The U.S. National Archives and Records Administration. Retrieved 9 April 2012.
  2. Jump up^ “Alumni Award Recipient 2015 – George School”. Retrieved 2016-08-15.
  3. Jump up^ Shannon, Kelley. “LBJ library in Austin to unveil $10 million update Dec. 22”. The Dallas Morning News. Retrieved 24 January 2013.
  4. Jump up^ Baskas, Harriet. “Oval Office audio tapes highlight redesigned LBJ Presidential Library”. NBC News. Retrieved 24 January 2013.
  5. Jump up^ “What ‘Selma’ Gets Wrong”. Politico. Retrieved 13 May 2015.
  6. Jump up^ “Does the film “Selma” portray LBJ unfairly?”. Face the Nation. Retrieved 15 August 2016.
  7. Jump up^ Ealy, Charles. “‘Indomitable Will’ seeks to give LBJ due credit”. statesman.com. Retrieved 14 April 2012.
  8. Jump up^ Heilbrunn, Jacob. “Crisis Management”. The New York Times Company. Retrieved 16 January 2009.
  9. Jump up^ “Second Acts: Presidential Lives and Legacies After the White House”. Publishers Weekly. Retrieved 6 June 2006. |first1= missing |last1= in Authors list (help)

External links

https://en.wikipedia.org/wiki/Mark_K._Updegrove

 

The Years of Lyndon Johnson

From Wikipedia, the free encyclopedia
  (Redirected from The Passage of Power)

The Years of Lyndon Johnson is a biography of Lyndon B. Johnson by the American writer Robert Caro. Four volumes have been published, running to more than 3,000 pages in total, detailing Johnson’s early life, education, and political career. A fifth volume will deal with the bulk of Johnson’s presidency. The series is published by Alfred A. Knopf.

Book One: The Path to Power (1982)

In the first volume, The Path to Power, Caro retraced Johnson’s early life growing up in the Texas Hill Country and Washington, D.C.. (Caro moved to these areas for months to interview numerous people who knew Johnson and his family.) This volume covers Johnson’s life through his failed 1941 campaign for the United States Senate. This book was released on November 12, 1982. It won the 1982 National Book Critics Circle Award. It was a finalist for the 1983 National Book Award, hardcover autobiography or biography.[1]

Book Two: Means of Ascent (1990)

In the second volume, Means of Ascent, Caro detailed Johnson’s life from the aftermath of Johnson’s first bid to his election to the U.S. Senate in 1948. Much of the book deals with Johnson’s bitterly contested Democratic primary against Coke R. Stevenson in that year. The book was released on March 7, 1990.

Book Three: Master of the Senate (2002)

In the third volume, Master of the Senate, Caro chronicles Johnson’s rapid ascent in United States Congress, including his tenure as Senate majority leader. This 1,167-page work examines in particular Johnson’s battle to pass a landmark civil rights bill through Congress without it tearing apart his party, whose southern bloc was anti-civil rights with the northern faction more supportive of civil rights. Although its scope was limited, the ensuing Civil Rights Act of 1957 was the first such legislation since the Reconstruction era. The book was released on April 23, 2002. It won the 2003 Pulitzer Prize for Biography or Autobiography, the 2002 National Book Award for Nonfiction,[2] the 2002 Los Angeles Times Book Prize for Biography, and the 2002 D.B. Hardeman Prize.[3]

Book Four: The Passage of Power (2012)

In the fourth volume, The Passage of Power, Caro covers Johnson’s life from 1958 to 1964, the challenges Johnson faced upon his assumption of the presidency, and the significant accomplishments in the months after Kennedy’s assassination.[4] The 736-page book was released on May 1, 2012. It won the National Book Critics Circle Award (2012; Biography),[5] the Los Angeles Times Book Prize (2012; Biography),[6] the Mark Lynton History Prize (2013), the American History Book Prize (2013)[7] and the Biographers International Organization‘s Plutarch Award (2013).[8] It was a finalist for the National Book Award for Nonfiction (2012).[9] It was selected as one of Time magazine’s Best Books of the Year (non-fiction #2).

Book five

In November 2011, Caro estimated that the fifth and final volume would require another two to three years to write.[10] In March 2013, he affirmed a commitment to completing the series with a fifth volume.[11] As of April 2014, he was continuing to research the book.[12]

Themes of the series

Throughout the biography, Caro examines the acquisition and use of political power in American democracy, from the perspective both of those who wield it and those who are at its mercy. In an interview with Kurt Vonnegut and Daniel Stern, he once said: “I was never interested in writing biography just to show the life of a great man,” saying he wanted instead “to use biography as a means of illuminating the times and the great forces that shape the times—particularly political power.”[13]

Caro’s books portray Johnson as alternating between scheming opportunist and visionary progressive. Caro argues, for example, that Johnson’s victory in the 1948 runoff for the Democratic nomination for the U.S. Senate was achieved through extensive fraud and ballot stuffing, just as Johnson had lost his 1941 senate race because his opponent stuffed the ballot boxes more than Johnson. Caro also highlights some of Johnson’s campaign contributions, such as those from the Texas construction firm Brown & Root; in 1962 the company was acquired by another Texas firm, Halliburton, which became a major contractor in the Vietnam War. Despite these criticisms, Caro’s portrayal of Johnson also notes his struggles on behalf of progressive causes such as the Voting Rights Act of 1965.

Influence of the series

Politicians in particular have responded most strongly to The Years of Lyndon Johnson:

  • Tom Daschle, a former Senate majority leader, once told the newspaper Roll Call after reading Master of the Senate that “I think the thing you learn from reading that magnificent book is that every day, this body makes history.”
  • Walter Mondale, a former US vice president, described Master of the Senate as a “superb work of history.”
  • Gordon Brown, a former British prime minister, said of the series: “It’s a wonderfully written set of books. The stories are quite breathtaking … These books challenge the view of history that politics is just about individual maneuvering. It’s about ideas and principled policy achievements. That’s what makes it one of the great political biographies.”[14]
  • William Hague, a former British Conservative Party leader and foreign secretary, nominated Means of Ascent as the book he would most like to have with him on a desert island, in the BBC Radio 4 program Desert Island Discs. He later wrote: “I explained that it was the best political biography of any kind, that I had ever read. I said it conveyed more brilliantly than any other publication what it really feels like to be a politician … When a fourth volume finally completes the set, this will be nothing short of a magnificent history of 20th century America.”[14]
  • Michael Howard, another former Conservative Party leader, encountered the series after swapping houses with Caro for a holiday. He said, “For Caro, writing a biography is writing a thriller—in Johnson’s case, a Western. You can’t stop turning the pages. He doesn’t like Johnson, but the facts are there so you can make your own judgments. I can’t recommend this book highly enough.”[14]

See also

Bibliography

  • Caro, Robert A., The Years of Lyndon Johnson: The Path to Power. 1982. Alfred a Knopf Inc., New York. (ISBN 0-679-72945-3). xxiii + 882 p. + 48 p. of plates: illus.
  • Caro, Robert A., The Years of Lyndon Johnson: Means of Ascent. 1990. Alfred a Knopf Inc., New York. (ISBN 0-679-73371-X). xxxiv + 506 pp.
  • Caro, Robert A., Master of the Senate: The Years of Lyndon Johnson. 2002. Alfred a Knopf Inc, New York. (ISBN 0-394-72095-4). xxiv + 1167 pp.
  • Caro, Robert A., The Passage of Power: The Years of Lyndon Johnson. 2012. Alfred a Knopf Inc, New York. (ISBN 0-375-71325-5). 736 pp.

References

  1. Jump up^ “National Book Awards – 1983”. National Book Foundation. Retrieved 2012-02-20.
  2. Jump up^ “National Book Awards – 2002”. National Book Foundation. Retrieved 2012-02-20. (With acceptance speech.)
  3. Jump up^ “Recipients of the D. B. Hardeman Prize”. LBJ Foundation. Retrieved 18 October 2014.
  4. Jump up^ Kakutani, Michiko (April 29, 2012). “A Nation’s Best and Worst, Forged in a Crucible”. New York Times.
  5. Jump up^ John Williams (March 1, 2013). “Robert A. Caro, Ben Fountain Among National Book Critics Circle Winners”. New York Times. Retrieved March 1, 2013.
  6. Jump up^ Staff writer (April 19, 2013). “Announcing the 2012 Los Angeles Times Book Prize winners”. LA Times. Retrieved April 21, 2013.
  7. Jump up^ Jennifer Schuessler (February 20, 2013). “Another Prize for Robert Caro”. New York Times. Retrieved December 3, 2013.
  8. Jump up^ “Biographers International Organization, The Plutarch Award”.
  9. Jump up^ “National Book Award Finalists Announced Today”. Library Journal. October 10, 2012. Retrieved 2012-11-15.
  10. Jump up^ Associated Press (November 1, 2011). “APNewsBreak: Caro’s fourth LBJ book coming in May”. CNSNews.com. Retrieved May 29, 2014.
  11. Jump up^ Erik Spanberg (March 8, 2013). “Catching up with award-winning LBJ biographer Robert Caro”. The Christian Science Monitor. Retrieved May 29, 2014.
  12. Jump up^ Patrick Beach (April 5, 2014). “Caro, LBJ biographer, is hard at work on book No. 5”. Austin American-Statesman. Retrieved May 29, 2014.
  13. Jump up^ Barbara Stone, ed. (1999). “The Round Table: Fiction, Biography And The Use Of Power”. Hampton Shorts. Water Mill, N.Y.: Hamptons Literary Publications. IV. ISBN 0-9658652-2-3.
  14. ^ Jump up to:a b c “Reviews”. http://www.robertcaro.com. Robert A. Caro. Retrieved 6 November 2015.

External links

https://en.wikipedia.org/wiki/The_Years_of_Lyndon_Johnson#Book_Four:_The_Passage_of_Power_.282012.29

Robert Caro

From Wikipedia, the free encyclopedia
Robert Caro
Robert Caro at the 2012 Texas Book Festival.
Born Robert Allan Caro
October 30, 1935 (age 81)
New York City, New York, United States
Residence Upper West Side
Education
Occupation Biographer
Notable work The Power Broker
The Years of Lyndon Johnson
Religion Judaism
Spouse(s) Ina Joan Sloshberg Caro (m. 1957)[3]
Children Chase A. Caro
Parent(s) Benjamin and Cele (Mendelow) Caro
Writing career
Genre Non-fiction
Notes
MAYBE LATER

 Dear readers in the U.S., time is running out in 2016 to help Wikipedia. To protect our independence, we’ll never run ads. We’re sustained by donations averaging about $15. Only a tiny portion of our readers give. If everyone reading this right now gave $3, we could keep Wikipedia thriving for years to come. That’s right, the price of a cup of coffee is all we need. If Wikipedia is useful to you, please take one minute to keep it online and growing. Thank you.

Robert Allan Caro (born October 30, 1935) is an American journalist and author known for his celebrated biographies of United States political figures Robert Moses and Lyndon B. Johnson.

After working for many years as a reporter, Caro wrote The Power Broker (1974), a biography of New York urban planner Robert Moses, which was chosen by the Modern Library as one of the hundred greatest nonfiction books of the twentieth century.[5] He has since written four of a planned five volumes of The Years of Lyndon Johnson (1982, 1990, 2002, 2012), a biography of the former president.

For his biographies, he has won two Pulitzer Prizes in Biography, the National Book Award, the Francis Parkman Prize (awarded by the Society of American Historians to the book that “best exemplifies the union of the historian and the artist”), two National Book Critics Circle Awards, the H.L. Mencken Award, the Carr P. Collins Award from the Texas Institute of Letters, the D.B. Hardeman Prize, and a Gold Medal in Biography from the American Academy of Arts and Letters.

Life and career[edit]

Caro was born in New York City, the son of Cele (née Mendelow) and Benjamin Caro.[3] He “grew up on Central Park West at 94th Street. His father, a businessman, spoke Yiddish as well as English, but he didn’t speak either very often. He was ‘very silent,’ Caro said, and became more so after Caro’s mother died, after a long illness, when he [Caro] was 12.” It was his mother’s deathbed wish that he should go to the Horace Mann School, an exclusive private school in the Riverdale section of The Bronx. As a student there, Caro translated an edition of his school newspaper into Russian and mailed 10,000 copies to students in the USSR. He graduated in 1953.[6] He went on to Princeton University, where he majored in English. He became managing editor of The Daily Princetonian, second to R.W. Apple, Jr., later a prominent editor at The New York Times.[7]

His writings, both in class and out, had been lengthy since his years at Horace Mann. A short story he wrote for The Princeton Tiger, the school’s humor magazine, took up almost an entire issue. His senior thesis on existentialism in Hemingway was so long, Caro claims, that the university’s English department subsequently established a maximum length for senior theses by its students. He graduated cum laude in 1957.[1][7]

According to a 2012 New York Times Magazine profile, “Caro said he now thinks that Princeton, which he chose because of its parties, was one of his mistakes, and that he should have gone to Harvard. Princeton in the mid-1950s was hardly known for being hospitable towards the Jewish community, and though Caro says he did not personally suffer from anti-Semitism, he saw plenty of students who did.” He had a sports column in the Princetonian and also wrote for the Princeton Tiger humor magazine.[7] He was a Carnegie Fellow at Columbia University and a Nieman Fellow at Harvard University.

Caro began his professional career as a reporter with the New Brunswick Daily Home News (now merged into the Home News Tribune) in New Jersey. He took a brief leave to work for the Middlesex County Democratic Party as a publicist. He left politics after an incident where he was accompanying the party chair to polling places on election day. A police officer reported to the party chair that some African-Americans Caro saw being loaded into a police van, under arrest, were poll watchers who “had been giving them some trouble.” Caro left politics right there. “I still think about it,” he recalled in the 2012 Times Magazine profile. “It wasn’t the roughness of the police that made such an impression. It was the—meekness isn’t the right word—the acceptance of those people of what was happening.”[7]

From there he went on to six years as an investigative reporter with the Long Island newspaper Newsday. One of the articles he wrote was a long series about why a proposed bridge across Long Island Sound from Rye to Oyster Bay, championed by Robert Moses, would have been inadvisable, requiring piers so large it would disrupt tidal flows in the sound, among other problems. Caro believed that his work had influenced even the state’s powerful governor Nelson Rockefeller to reconsider the idea, until he saw the state’s Assembly vote overwhelmingly to pass a preliminary measure for the bridge.[7]

“That was one of the transformational moments of my life,” Caro said years later. It led him to think about Moses for the first time. “I got in the car and drove home to Long Island, and I kept thinking to myself: ‘Everything you’ve been doing is baloney. You’ve been writing under the belief that power in a democracy comes from the ballot box. But here’s a guy who has never been elected to anything, who has enough power to turn the entire state around, and you don’t have the slightest idea how he got it.'”[7]

Work[edit]

The Power Broker[edit]

Main article: The Power Broker

Caro spent the academic year of 1965–1966 as a Nieman Fellow at Harvard University. During a class on urban planning and land use, the experience of watching Moses returned to him.

They were talking one day about highways and where they got built…and here were these mathematical formulas about traffic density and population density and so on, and all of a sudden I said to myself: “This is completely wrong. This isn’t why highways get built. Highways get built because Robert Moses wants them built there. If you don’t find out and explain to people where Robert Moses gets his power, then everything else you do is going to be dishonest.”[7]

To do so, Caro began work on a biography of Moses, The Power Broker: Robert Moses and the Fall of New York, also a study of Caro’s favorite theme: the acquisition and use of power. He expected it would take nine months to complete, but instead it took him until 1974.[7] The work was based on extensive research and 522 interviews, including seven interviews with Moses himself, several with Michael Madigan (who worked for Moses for 35 years); and numerous interviews with Sidney Shapiro (Moses’s general manager for forty years); as well as interviews with men who worked for and knew Moses’s mentor, New York Governor Al Smith.

His wife Ina functioned as his research assistant. Her master’s thesis on the Verrazano-Narrows Bridge stemmed from this work. At one point she sold the family home and took a teaching job so Robert would be financially able to finish the book.[7]

The Power Broker is widely viewed [1] as a seminal work because it combined painstaking historical research with a smoothly flowing narrative writing style. The success of this approach was evident in his chapter on the construction of the Cross-Bronx Expressway, where Caro reported the controversy from all perspectives, including that of neighborhood residents. The result was a work of powerful literary as well as academic interest.

The Years of Lyndon Johnson[edit]

Following The Power Broker, Caro turned his attention to President Lyndon B. Johnson. Caro retraced Johnson’s life by temporarily moving to rural Texas and Washington, D.C., in order to better understand Johnson’s upbringing and to interview anyone who had known Johnson. The work, entitled The Years of Lyndon Johnson, was originally intended as a trilogy, but is projected to encompass five volumes:

  1. The Path to Power (1982) covers Johnson’s life up to his failed 1941 campaign for the United States Senate.
  2. Means of Ascent (1990) commences in the aftermath of that defeat and continues through his election to that office in 1948.
  3. Master of the Senate (2002) chronicles Johnson’s rapid ascent and rule as Senate Majority Leader.
  4. The Passage of Power (2012) details the 1960 election, LBJ’s life as vice president, the JFK assassination and his first days as president.
  5. In November 2011, Caro announced that the full project had expanded to five volumes with the fifth requiring another two to three years to write.[8][9][10] It will cover Johnson and Vietnam, the Great Society and civil rights era, his decision not to run in 1968, and eventual retirement.

Caro’s books portray Johnson as a complex and contradictory character: at the same time a scheming opportunist and visionary progressive. Caro argues, for example, that Johnson’s victory in the 1948 runoff for the Democratic nomination for the U.S. Senate was only achieved through extensive fraud and ballot box stuffing, though this is set in the practices of the time and in the context of Johnson’s previous defeat in his 1941 race for the Senate, the victim of exactly similar chicanery. Caro also highlighted some of Johnson’s campaign contributions, such as those from the Texas construction firm Brown and Root; in 1962 the company was acquired by another Texas firm, Halliburton, which became a major contractor in the Vietnam War. In addition, Caro argued that Johnson was awarded the Silver Star in World War II for political as well as military reasons, and that he later lied to journalists and the public about the circumstances for which it was awarded. Caro’s portrayal of Johnson also notes his struggles on behalf of progressive causes such as the Voting Rights Act, and his consummate skill in getting this enacted in spite of intense opposition from Southern Democrats.

Among sources close to the late president, Johnson’s widow Lady Bird Johnson “spoke to [Caro] several times and then abruptly stopped without giving a reason, and Bill Moyers, Johnson’s press secretary, has never consented to be interviewed, but most of Johnson’s closest friends, including John Connally and George Christian, Johnson’s last press secretary, who spoke to Caro practically on his deathbed, have gone on the record”.[7]

Publisher-editor[edit]

Caro’s books have been published by Alfred A. Knopf, first under editor in chief Robert Gottlieb and then by Sonny Mehta, “who took over the Johnson project – enthusiastically – after Gottlieb’s departure in 1987.” Gottlieb, five years Caro’s senior, suggested the Johnson project to Caro in 1974 in preference to the planned follow-up to the Moses volume, a biography of Fiorello LaGuardia that was then abandoned. The ex-President had recently died and Caro had already decided, before meeting with Gottlieb on the subject, to undertake the Texan’s biography; he “wanted to write about power”.[11] Gottlieb has continued as editor of Caro’s books since leaving Knopf and excerpted Volume 2 of the Johnson biography at The New Yorker when he was editor in chief there.[7]

Awards[edit]

For his biographies of Robert Moses and Lyndon Johnson, Robert A. Caro has twice won the Pulitzer Prize for Biography, twice won the National Book Critics Circle Award for the Best Nonfiction Book of the Year, and has won virtually every other major literary honor, including the National Book Award, the Gold Medal in Biography from the American Academy of Art and Letters, and the Francis Parkman Prize.

In October 2007, Caro was named a “Holtzbrinck Distinguished Visitor” at the American Academy in Berlin, Germany but then was unable to attend.

In 2010, he received the National Humanities Medal from President Obama, the highest award in the humanities given in the United States. Delivering remarks at the end of the ceremony, the President said, “I think about Robert Caro and reading The Power Broker back when I was 22 years old and just being mesmerized, and I’m sure it helped to shape how I think about politics.”[12] In 2011, Robert Caro was the recipient of the 2011 BIO Award given each year by members of Biographers International “to a colleague who had made a major contribution in the advancement of the art and craft of real life depiction.”[13]

Family[edit]

Caro has described his wife, Ina Caro, as “the whole team” on all five of his books. She sold their house and took a job teaching school to fund work on The Power Broker and is the only person other than himself who conducted research for his books.[20]

Ina is the author of The Road from the Past: Traveling through History in France (1996),[21] a book which Arthur Schlesinger Jr. called, at the presentation of her honorary Doctor of Humane Letters from The City University of New York in 2011, “the essential traveling companion… for all who love France and its history.”[22] Newsweek reviewer Peter Prescott commented, “I’d rather go to France with Ina Caro than with Henry Adams or Henry James. The unique premise of her intelligent and discerning book is so startling that it’s a wonder no one has thought of it before.”[23] Ina frequently writes about their travels through France in her Paris to the Past blog. In June 2011, W. W. Norton published her second book, Paris to the Past: Traveling through French History by Train (2011).[24]

The Caros have a son, Chase, a disbarred lawyer, and three grandchildren. Chase Caro was sentenced to 2.5 to 7.5 years in prison by County Court Judge Susan Cacace after pleading guilty to grand larceny.[25][relevant? ] Caro has a younger sibling, Michael, who is now a retired real estate manager.[7]

Pop culture references[edit]

In film[edit]

In The Stepford Wives (2004), Nicole Kidman‘s character attends a book club meeting with the Stepford wives and attempts to discuss the third volume of Caro’s The Years of Lyndon Johnson, but the group chooses to review a book of Christmas crafts.

In television[edit]

In the last episode of season one of the U.S. TV series House of Cards, a copy of The Passage of Power can be seen lying on the desk of protagonist Frank Underwood (played by Kevin Spacey).

In the television series The Simpsons, the episode “Treehouse of Horror XVI” features the character Lisa seen reading Master of the Senate in the vignette “Bart A.I.” Caro later guest-starred on the episode “Love Is a Many-Splintered Thing“.

Bibliography[edit]

  • Caro, Robert A., The Power Broker: Robert Moses and the Fall of New York. 1974. Alfred A. Knopf Inc., New York. (ISBN 0394480767). ix + 1246 pp. + xxxiv pp.: illus.
  • Caro, Robert A., The Years of Lyndon Johnson: The Path to Power. 1982. Alfred A. Knopf Inc., New York. (ISBN 0394499735). xxiii + 882 p. + 48 p. of plates: illus.
  • Caro, Robert A., The Years of Lyndon Johnson: Means of Ascent. 1990. Alfred A. Knopf Inc., New York. (ISBN 0394528352). xxxiv + 506 pp.
  • Caro, Robert A., The Years of Lyndon Johnson: Master of the Senate. 2002. Alfred A. Knopf Inc, New York. (ISBN 0-394-52836-0). xxiv + 1167 pp.
  • Caro, Robert A., The Years of Lyndon Johnson: The Passage of Power. 2012. Alfred A. Knopf Inc, New York. (ISBN 978-0-679-40507-8). 752 pp.
  • Zinsser, William Knowlton (ed.), Extraordinary Lives: The Art and Craft of American Biography, Houghton Mifflin, ISBN 0-395-48617-3

https://en.wikipedia.org/wiki/Robert_Caro

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The Warfare and Welfare Economy Worsens With 30 Americans Killed and Over 45 Million Americans On Food Stamps–American People Want A Peace and Prosperity Economy–A Paycheck Not Food Stamps–Stop Out Of Control Spending On Government Interventions Abroad and At Home–Videos

Posted on August 8, 2011. Filed under: American History, Blogroll, Communications, Economics, Employment, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, history, Law, liberty, Life, Links, People, Philosophy, Politics, Raves, Security, Strategy, Unemployment, Unions, Video, War, Weapons, Wisdom | Tags: , , , , , , , , , , , , , , , |

Pronk Pops Show 40:August 10, 2011

Pronk Pops Show 39:August 3, 2011

Pronk Pops Show 38:July 27, 2011

Pronk Pops Show 37:July 20, 2011

Pronk Pops Show 36:July 13, 2011

Pronk Pops Show 35:July 6, 2011

Listen To Pronk Pops Podcast or Download Shows 38--40

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26

Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

“Only the dead have seen the end of war.”

~George Santayana

Eve of Destruction

Most Of The Navy Seals Killed Were Part Of SEAL Team Six The Unit That Went After Osama Bin Laden

Navy SEALs Killed (some SEAL TEAM 6) Chinook Helicopter Crash-Afghanistan

“…More than 20 Navy SEALs from the unit that killed Osama bin Laden were among those lost in a helicopter crash in Afghanistan. That’s according to one current and one former U.S. official. Both spoke on condition of anonymity because families are still being notified of the loss of their loved ones.

Source says the team thought to include 22 SEALs, three Air Force air controllers, seven Afghan Army troops, a dog and his handler, and a civilian interpreter, helicopter crew.”

MSNBC – Nightly News – Nearly 46 Million Receive Food Stamps 8-3-2011

Record number of people on food stamps

 

US choosing between World Supremacy and caring for its citizens

Ron Paul to Congress: If Debt Is the Problem, Why Do You Want More of It?

Ron Paul’s Debt Solution: Bring the Troops Home, Fire Useless Bureaucrats, Phase Out Entitlements

Ron Paul, “What if the Chinese had military bases in America?”

Ron Paul: What if the People Wake Up?

Pete Seeger: Where Have All the Flowers Gone?

“Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement: and when experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it.”

~George Santayana, Reason in Common Sense, Volume 1

“The primary objects of government, are peace, order, and prosperity of society…”

Oliver Ellsworth, Founding Father and Chief Justice, U.S. Supreme Court

No man is an island

May the thirty Americans and seven Afghans killed in Afghanistan rest in peace and be remembered for their service to their country.

No man is an island, entire of itself
every man is a piece of the continent, a part of the main
if a clod be washed away by the sea,
Europe is the less, as well as if a promontory were,
as well as if a manor of thy friends or of thine own were
any man’s death diminishes me, because I am involved in mankind
and therefore never send to know for whom the bell tolls
it tolls for thee.

~John Donne

President Lyndon B. Johnson is remembered primarily for three things–the war in Vietnam, the war on poverty and Medicare.

All three involved massive government intervention abroad and at home costing hundreds of billions of dollars that continues into the future.

Since World War II the United States government has not declared war as set forth in the Constitution.

War results in the loss of life and the lasting scars of the wounded and impacts their families and friends.

Government intervention abroad has become entirely too easy when you do not declare war.

All wars need the continuing support of the American people and should be declared.

Today United States government intervention abroad includes the war on terrorism in Iraq, Afghanistan and Libya that will soon be expanded to include Yemen and Somali.

The majority of the American people want the troops home from around the world.

At home government intervention into the United States economy includes President Bush’s expansion of the Medicare entitlement program to include coverage for prescription drugs and President Obama’s Patient Protection and Affordable Care Act, better know as Obamacare.

For over sixty years the warfare and welfare economy has bankrupted the United States with massive Federal Government deficits and unfunded liabilities to fund warfare and welfare entitlements.

Presidents Eisenhower and Reagan warned the American people:

Military Industrial Complex – Eisenhower ‘s warning

Ronald Reagan .. “Government is the problem”

President Ronald Reagan ON A SOUND ECONOMY

The time has come to transition away from the warfare and welfare economy to a peace and prosperity economy free from United States government intervention abroad and at home.

Deficits, Debts and Unfunded Liabilities: The Consequences of Excessive Government Spending

Behold: US Debt

U.S. Debt Clock

http://www.usdebtclock.org/

U.S. Government Is Bankrupt; Default Will Come through Inflation

 

Government Debt and Historical Truth | THE PLAIN TRUTH by Judge Napolitano 7/26/11

Background Articles and Videos

US Navy Seals Killed in Afghanistan

59% Want Troops Home from Afghanistan

“…A new Rasmussen Reports national telephone survey finds that 59% of Likely Voters nationwide want the troops to come home either immediately or within a year. Twenty-eight percent (28%) oppose any firm timetable and 13% are not sure. (To see survey question wording, click here.)

At 59%, support for bring the troops home is up from 51% in June, 52% in March, 43% last September, and 39% in September 2009.

Notably, 43% of Republicans now support bringing the troops home within a year while just 42% oppose a firm timetable. As recently as June, most Republicans opposed any firm timetable.

Just 22% now believe the U.S. has a clearly defined mission in Afghanistan.

The survey of 1,000 Likely Voters was conducted on August 9-10, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Seventy-six percent (76%) of Democrats and 58% of unaffiliated voters want the troops home within a year.

Among those aligned with the Tea Party, 47% say it’s time to bring the troops home and 43% oppose any firm timetable.

Support for the U.S. military mission in Libya is down to 24%.

Seventy-five percent (75%) of all voters agree that “the United States should not commit its forces to military action overseas unless the cause is vital to our national interest.”

http://www.rasmussenreports.com/public_content/politics/current_events/afghanistan/59_want_troops_home_from_afghanistan

 

US helicopter crashed in Taliban trap: Afghan official

By Sabawoon Amarkhail | AFP

“…The Taliban lured US forces into an elaborate trap to shoot down their helicopter, killing 30 American troops in the deadliest such incident of the war, an Afghan official said Monday.

US President Barack Obama pledged that the incident — which killed 38 people — would not keep foreign forces from prevailing in Afghanistan, and the Pentagon called the downing of the Chinook a “one-off” that would not alter US strategy.

The late Friday attack marked the biggest single loss of life for American and NATO forces since the US-led invasion of Afghanistan toppled the Taliban in late 2001, shortly after the September 11 attacks.

The loss of the Chinook during an anti-Taliban operation southwest of Kabul dealt a blow to elite US special forces, which had 25 members on board — 22 US Navy SEAL commandos and three Air Force Special Operations Forces.

Five US Army personnel, seven Afghan commandos and an interpreter also died.

A senior Afghan government official told AFP on condition of anonymity that Taliban commander Qari Tahir lured US forces to the scene by tipping them off that a Taliban meeting was taking place.

He also said four Pakistanis helped Tahir carry out the strike.

“Now it’s confirmed that the helicopter was shot down and it was a trap that was set by a Taliban commander,” said the official, citing intelligence gathered from the area.

“The Taliban knew which route the helicopter would take,” he continued.

“That’s the only route, so they took position on the either side of the valley on mountains and as the helicopter approached, they attacked it with rockets and other modern weapons. It was brought down by multiple shots.” …”

http://news.yahoo.com/us-helicopter-shot-down-taliban-trap-afghan-official-070456126.html

Photos of the Fallen: Americans shot down in Afghanistan

“Insurgents shot down a U.S. military helicopter during fighting in eastern Afghanistan, killing 30 Americans, most of them belonging to the same elite Navy SEALs unit that killed Osama bin Laden.”

http://www.wjla.com/pictures/2011/08/photos-of-the-fallen-30-americans-shot-down-in-afghanistan-/aaron-carson-vaughn-6217-451.html

 

Arlington Navy SEAL Among Those Killed in Attack

Family members say Chief Petty Officer Matt Mills was on his last mission

“…Family members confirmed that an Arlington man was one of 30 service members killed in a helicopter crash in Afghanistan on Saturday.

Chief Petty Officer Matt Mills, 36, was on his last mission when the Chinook helicopter crashed in the restive Wardark province, his family said.

“He’s always loved what he did,” said his sister, Ashley Mills. “He told me he couldn’t believe he could do this for a living because he loved it so much.”

He was a Navy SEAL for 10 years.

“He was very humble about what he did,” said his cousin, J.B. Abbot. “He never bragged about being a Navy SEAL.”

Matt Mills grew up in Arlington and graduated from Martin High School.

He has three children, an 18-year-old son and 13-year-old daughter from a previous marriage.

Mills remarried just a few months prior to his last mission, on April 29. He and his current wife, Keri, who lives in Virginia, have a 1-year-old son together.

Family member said Mills greatly admired his grandfather, a Marine, and when he was younger, often talked about wanting to join the military.

Ashley Mills said she finds comfort in the fact that her brother served in what he saw as his mission in life.

“It would be that he had a lot of love in his heart and he was proud of his country and he was proud to serve,” she said. “He loved his family, his children, and we also loved him very much.”

http://www.nbcdfw.com/news/local/Arlington-Navy-SEAL-Among-Those-Killed-in-Attack-127112738.html?dr

Our Next Wars: Yemen and Somalia

America’s clandestine activities in both nations only provoke the conflicts they are meant to prevent.

By Philip Giraldi

“…The U.S. military’s African command, or AFRICOM, is actually located in Stuttgart, Germany, but its principal operational component is located at the large French military base Camp Lemonnier in Djibouti. The CIA runs its drone operations targeting Somalia and Yemen out of that same location and has been using its assets on the ground in those countries to help direct predator strikes against suspected terrorist targets. CIA and special ops soldiers have been busy placing sensors and electronic surveillance devices throughout the Horn of Africa and in Yemen to permit greatly expanded operations. Both CIA and Army units in Djibouti have recently been beefed up in expectation that fighting will intensify in 2011.

And what is the nature of the threat justifying major military and intelligence operations in two new countries? Well, according to the State Department’s own recently issued report on global terrorism, the only terrorist incident originating in Yemen that directly threatened U.S. interests was the unsuccessful Nigerian underwear bomber in December, an attack that was carried out in retaliation for a deadly CIA drone strike shortly before. And there have been allegations that U.S.-born cleric Anwar al-Aulaqi might have influenced Major Malik Nadal Hasan’s shooting rampage at Fort Hood last November. Apart from that, terrorism in Yemen is internally directed with some spillover against neighbor Saudi Arabia. In Somalia, al-Shabaab, which the State Department describes as “a disparate group of armed militias, many of whom do not adhere to the ideology of the group’s leaders,” is the target of Washington’s ire. Foggy Bottom concedes that the group is linked to al-Qaeda only by “mutually supportive rhetoric.” It has not targeted the United States at all, though some government officials have expressed concerns that Somali-Americans who travel back to their country of birth to join al-Shabaab might return to the U.S. to commit terrorist acts.

So we are again talking of secret wars conducted in places where we do not understand the local issues or players very well, all part of a massive overreaction directed against low-level troublemakers who do not actually pose any serious threat against the United States. Where it will all lead is anyone’s guess, but it should be noted that the pattern of new terrorism emerging as the response to misdirected and heavy-handed American intervention has been repeated over and over again during the past ten years.”

http://www.amconmag.com/blog/our-next-wars-yemen-and-somalia/

Bush signs landmark Medicare bill into law

“…It is the largest expansion of Medicare since the program was created in 1965, though most of its provisions won’t take effect for several years. The drug benefit, for example, does not take effect until 2006. Before that, seniors will be able to purchase a discount card that could provide a 10 to 25 percent off prescription drugs.

“Our nation has made a promise, a solemn promise, to America’s seniors,” Bush said. “We have pledged to help our citizens find affordable medical care in the later years of life.”

“These reforms are the act of a vibrant and compassionate government,” Bush said.

In 2006, Medicare recipients will pay $35 per month with a $250 deductible for prescriptions. The plan will pay 75 percent of costs up to $2,250. The prescription drug provision left out a proposed guideline the president had originally sought — requiring seniors to join an HMO to be eligible for the benefit.

The law also allows the importation of drugs from Canada — where many are cheaper — but only if the Food and Drug Administration has approved the drugs.

It also provides subsidies to private insurers to compete with traditional Medicare, giving seniors the opportunity to join managed-care plans, which typically cut costs by restricting patient access to specialists. That provision does not take effect until 2010. …”

http://articles.cnn.com/2003-12-08/politics/elec04.medicare_1_prescription-drug-private-insurers-medicare?_s=PM:ALLPOLITICS

Patient Protection and Affordable Care Act

“…The Patient Protection and Affordable Care Act (PPACA)[1][2] is a United States federal statute that was signed into law by President Barack Obama on March 23, 2010. The law (along with the Health Care and Education Reconciliation Act of 2010) is a product of the health care reform agenda of the 111th United States Congress and the Obama administration. The primary aspects of the law are reform of the private health insurance industry and public health insurance programs, to improve coverage for those with pre-existing conditions, expand access to care for over 30 million Americans, and reduce the long term costs of the United States health care system.[3][4]

The PPACA passed the Senate on December 24, 2009, by a filibuster-proof vote of 60–39 with all Democrats and one Independent voting for, and all Republicans voting against. It passed the House of Representatives on March 21, 2010, by a vote of 219–212, with 178 Republicans and 34 Democrats voting against the bill.[5] The law has received legal challenges regarding its constitutionality. Three cases in federal courts upheld the constitutionality of the bill while two deemed it unconstitutional.[6] Six other challenges were dismissed on grounds such as plaintiffs being unable to demonstrate sufficient standing.[6] The Supreme Court could review this law as early as the end of 2011 or the beginning of 2012.[7]

Overveiw of Provisions

The law includes numerous health-related provisions to take effect over a four-year period beginning in 2010. In order of their assessed impact the primary provisions are as follows:

  • Guaranteed issue and community rating will be implemented nationally so that insurers must offer the same premium to all applicants of the same age, sex, and geographical location regardless of pre-existing conditions.
  • Medicaid eligibility is expanded to include all individuals and families with incomes up to 133% of the poverty level.
  • Health insurance exchanges will commence operation in each state, offering a marketplace where individuals and small businesses can compare policies and premiums, and buy insurance (with a government subsidy if eligible).
  • Firms employing 50 or more people but not offering health insurance will pay a “shared responsibility payment” if the government has had to subsidize an employee’s health care
  • A shared responsibility requirement, also referred to as an individual mandate,[8] requires individuals not covered by Medicaid, Medicare, or other government programs to maintain insurance or pay a penalty. (unless the applicable individual “is a member of a recognized religious sect” exempted by the Internal Revenue Service.)[9]
  • Medicare prescription drug payments are to be increased.
  • Changes are enacted which allow a restructuring of Medicare reimbursement from “fee-for-service” to “bundled payments”.
  • Establishment of a national voluntary insurance program for purchasing community living assistance services and support.
  • Low income persons and families above the Medicaid level and up to 400% of the poverty level will receive subsidies on a sliding scale if they choose to purchase insurance via an exchange (persons at 150% of the poverty level would be subsidized such that their premium cost would be of 2% of income or $50 a month for a family of 4).
  • Very small businesses will be able to get subsidies if they purchase insurance through an exchange.
  • Additional support is provided for medical research and the National Institutes of Health.
  • Enrollment into CHIP and Medicaid is simplified with improvements to both programs.
  • The law will introduce minimum standards for health insurance policies and remove all annual and lifetime coverage caps.
  • The law mandates that some health care insurance benefits will be essential coverage for which there will be no co-pays.
  • Policies issued before the law came into effect are grandfathered in and are mostly not affected by the new rules.

Summary of funding

The Act’s provisions are intended to be funded by a variety of taxes and offsets. Major sources of new revenue include a much-broadened Medicare tax on incomes over $200,000 and $250,000, for individual and joint filers respectively, an annual fee on insurance providers, and a 40% tax on “Cadillac” insurance policies. There are also taxes on pharmaceuticals, high-cost diagnostic equipment, and a federal sales tax on indoor tanning services. Offsets are from intended cost savings such as improved fairness in the Medicare Advantage program relative to traditional Medicare.[10]

Total new tax revenue from the Act will amount to $409.2 billion over the next 10 years. $78 billion will be realized before the end of fiscal 2014.[11] Summary of revenue sources:

  • Broaden Medicare tax base for high-income taxpayers: $210.2 billion
  • Annual fee on health insurance providers: $60 billion
  • 40% excise tax on health coverage in excess of $10,200/$27,500: $32 billion
  • Impose annual fee on manufacturers and importers of branded drugs: $27 billion
  • Impose 2.3% excise tax on manufacturers and importers of certain medical devices: $20 billion
  • Require information reporting on payments to corporations: $17.1 billion
  • Raise 7.5% Adjusted Gross Income floor on medical expenses deduction to 10%: 15.2 billion
  • Limit health flexible spending arrangements in cafeteria plans: $13 billion
  • All other revenue sources: $14.9 billion …”

http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act

United States public debt

“…The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies. The gross public debt comprises two components:

  • Debt held by government accounts, also known as intragovernmental holdings, that is, Treasury securities held in accounts that are administered by the federal government, such as the Social Security Trust Fund
  • Debt held by the public, that is, securities held by investors outside the federal government, including that held by the Federal Reserve System and state and local governments. This is the net public debt.[1]

The net public debt increases or decreases as a result of the annual unified budget deficit or surplus. The federal government budget deficit or surplus is the cash difference between government receipts and spending, ignoring intra-governmental transfers. However, there is certain spending (supplemental appropriations) that add to the gross debt but are excluded from the deficit. The deficit is presented on a cash rather than an accruals basis, although the accrual deficit provides more information on the longer-term implications of the government’s annual operations.[2]

Gross debt has increased by over $500 billion each year since fiscal year (FY) 2003, with increases of $1 trillion in FY2008, $1.9 trillion in FY2009, and $1.7 trillion in FY2010.[3] As of August 3, 2011, the gross debt was $14.34 trillion dollars, of which $9.78 trillion was held by the public and $4.56 trillion was intragovernmental holdings.[4] The annual gross domestic product (GDP) to the end of June 2011 was $15.003 trillion (July 29, 2011 estimate),[5] with gross debt at a ratio of 96% of GDP, and debt held by the public at 65% of GDP.

Together with the budget deficit, the political climate was one of the reasons given by Standard & Poor’s to revise the outlook on the US sovereign credit rating down to negative on April 18, 2011.[6] Standard and Poor’s downgraded the credit rating by one notch from AAA to AA+ on August 5, 2011, for the first time ever. The longterm outlook is negative and it could lower the rating further to AA within the next 2 years.[7][8] The downgrade was met with severe criticism from the Obama administration, commentators, and other political figures.[9][10][11][12] The US still has a AAA rating from other ratings agencies.

The government budget deficit or surplus should not be confused with the trade deficit or surplus, which is the difference between net imports and net exports.

Currently, the date of December 16, 2009 marks the beginning of the only week long period in the history of the debt limit when the debt ceiling ever exceeded the statutory limit enacted by Congress. It was during this time that the treasury department invoked the use of “extraordinary accounting tools” that it could then use to give the government a range of $150 billion that it then used to pay its outstanding obligations.[13]

In the United States Congress there are currently a number of disagreements between Democrats and Republicans regarding the United States debt. On August 2, 2011, President Barack Obama signed into law the Budget Control Act of 2011, averting a possible financial default. …”

http://en.wikipedia.org/wiki/United_States_public_debt

Neo-CONNED! by Congressman Ron Paul – Part 1 of 11

Neo-CONNED! by Congressman Ron Paul – Part 2 of 11

Neo-CONNED! by Congressman Ron Paul – Part 3 of 11

Neo-CONNED! by Congressman Ron Paul – Part 4 of 11

Neo-CONNED! by Congressman Ron Paul – Part 5 of 11

Neo-CONNED! by Congressman Ron Paul – Part 6 of 11

Neo-CONNED! by Congressman Ron Paul – Part 7 of 11

Neo-CONNED! by Congressman Ron Paul – Part 8 of 11

Neo-CONNED! by Congressman Ron Paul – Part 9 of 11

Neo-CONNED! by Congressman Ron Paul – Part 10 of 11

Neo-CONNED! by Congressman Ron Paul – Part 11 of 11

Related Posts On Pronk Palisades

Pronk Pops Show 40, August 10, 2011: Segment 1: More GORE–Great Obama Recession Economy–Government Treasury Securites Downgraded From AAA to AA+ With A Negative Outlook By Standard & Poor’s Rating Agency–Too Little Too Late–The Austrian School of Economics Was Right!–Videos

Pronk Pops Show 40, August 10, 2011: Segment 2: It’s Time For A Permanent, Pervasive and Predictable Stimulus Package–The FairTax–Launching A Peace and Prosperity Economy–Videos

Pronk Pops Show 40, August 10, 2011: Segment 3: United States of America: Problem: A Triple A Country With A Triple F President–Solution: Fire The President And Democratic Senators And Representatives–Vote For Tea Party Candidates–Videos

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