bloom america

"People are selling their stocks like crazy, and they're treating us (the federal government) like they're abandoned stocks..."

This is the brain trust talking to Nixon.

"Why are there always people who oppose us?" Nixon complained, pointing to a huge map of Southeast Asia behind him: "This is our greatest victory since the Korean War. Why can't anyone understand it?"

"Because the Korean War can no longer be defeated," someone seemed to whisper, but Nixon didn't seem to hear it at this time. He was still complaining: "Our military operation to invade Cambodia was the first time since MacArthur landed in 1950.

Our most successful military operation since Inchon in North Korea, why is no one applauding this incident?"

Nixon was angry, but that's what happened.

Since the tragedy at Kent University, a series of chain reactions have been formed. College students from all over the country have begun to participate in "sports", and more murders have occurred.

Fortunately, the general American people are still calm and look on coldly at the crazy students, which gave Nixon some opportunities.

But on the other hand, the University of Kent has indeed brought a lot of negative impact, and they also have a share of the credit for the current stock plummet.

Of course, as President of the United States, Nixon also knew that this was not the root cause.

So, he complained again.

"Why does Wall Street view such glorious national victories over and over again as an opportunity to sell stocks? It should be viewed as extremely good news."

Nixon's tone was calm, but it was obvious that these complaints were filled with anger.

Bernard J. Lasker, the director of the New York Stock Exchange, was opposite Nixon at this moment: "Excessive war has made our economy weak. At this time, what we need to do most is not victory, victory, and then victory.

Rather, we need an opportunity for us to retreat, Your Excellency, President."

The vast anthills of stocks and credit networks are collapsing, taking with them their builders.

At this time, it is too late to save everything.

Things were like this for the time being. However, not long after Lasker returned, Nixon informed him that the next meeting between the two would be a personal meeting.

On the afternoon of May 20, he was informed that the president would receive him at 11 a.m. the next day. Lasker stayed up almost all night, writing down what he was going to say, and on the way to Washington on the early flight, he also wrote

Taking notes.

Lasker realized that although war is a powerful external force, this force can also cause very serious consequences, the simplest of which is a crisis like this.

However, the Vietnam battlefield is the center of the game between the United States, the Soviet Union, and China. The war situation here affects the whole body. If the troops are withdrawn hastily, it will lead to serious consequences.

"What if Diao Dun can be passed on?" Lasker suddenly thought of the special mercenary skills that Nixon once mentioned...,

"Maybe we can use this method to persuade the president to withdraw the troops," he thought.

At eight o'clock, Lasker arrived at the White House. Then, after arriving in the office of Presidential Secretary Ross Woods, he spent another hour making final revisions before meeting with Nixon.

Then, he came to the administrative building across the street and visited his friend Agnu. In this visit, he received an eager for help from Vice President Secretary Alice Finog.

"Oh, all my money I have invested in that fund, but now we have started to lose Mr. Lask, please, please tell me what to do." She asked "I can't lose this stroke

Money, this is very important to me. "

"Uh, I think, maybe this should wait until I discussed with Mr. President before I could reply to you ..." Lask, who was shocked, did not immediately answer her.

"Oh, I'm sorry. I'm so urgent." The other party also smiled towards Lask.

"Relax when you are together with Bacci!" Lask reminded himself on the top of the first page of the 5 -page notes. "Since the worst market collapse since 1929, there is no sign of alleviating. Faith.

It is the biggest problem. "The notes behind Rask are mainly economic analysis, specific suggestions on wages and price control and government procurement policy, and another impact of the entire economic collapse on the entire economy.

After the greetings and cold noise, Lask immediately opened the box and took out his notes.

"What is that?" Nixon asked. Lask replied with a humorous answer from the New York Stock Exchange: "This is my lunch, Mr. President, I can no longer bear the cost of going to the restaurant."

"Hahahaha" he got the president's laughed. He went on to say, "President, I have to remind you that we were only 5 minutes from another 1929 big collapse.

Dangerous. To avoid such disasters, we must take action immediately. We must know that the speculators are not daring to buy short and short, and the situation has reached a very dangerous point. "

Suddenly, Lask found that he could abandon the facts and numbers he prepared, and in a specific way to personal, the best on the surface of the situation. So, he threw the carefully prepared notes aside, and then repeated the one side that he had just just now himself.

What was pulled by Secretary Agnu and her concerns about her investment in the common fund.

"Tell her not to sell it." Nixon said immediately.

"This requires you to tell her, Mr. President., Lask said in the tone of senior officers.

Nixon seemed to understand what he meant.

"Talk about it, our specific plan." Nixon said.

"First of all, it is withdrawal. If we can do this, we can save a lot of expenses. This is definitely effective for the economy. Military fire dealers have made enough.

People's sad life situation. "

"But the Vietnamese battlefield is a very important strategic support point we must fight. We must win enough living space in Vietnam.

If there is no living space, it is superfluous to talk about "saving the stock market".

"Yes, but ordinary people can't see this, no one can see"

Nixon froze.

Immediately, he understood.

Yes, even if you know that maintaining the relative advantage of the Vietnam War is a good thing for us, but ... voters will not think so.

The problems that Nixon had been complaining about before seemed to be solved.

"But we need a strategy. I believe you understand that the international situation is very complicated." Nixon suddenly thought of Kissinger, but this meeting was an SI meeting, so Kissinger was not there.

Although Lasker is only the director, he feels that some things can still be discussed: "We can divert the attention of the Soviets, or we can transfer the contradiction to other places...such as the special forces school you once mentioned.

Transporting it there on a limited basis seems to be a feasible method."

"Yes." Nixon nodded. It would be much simpler if everything could be kept within control...

And as the president of the United States, the issues that Nixon was thinking about were more profound than Lasker. At this time, Nixon also thought of one thing, and that was to win over China. If this country, which is closely related to the Soviet Union, could be

If the countries we have close relations with are brought to the side of the Americans, the conflict between the other party and the Soviet Union will probably become more obvious, which is also a good thing for the federal government.

Of course, Nixon has not yet considered ending the war.

However, if [China] can be won over, the situation on the battlefield in Vietnam will become slightly more stable. Without the support of [China], it will be very simple to defeat Vietnam.

"What's next?"

"Next, we need to give the Americans confidence, which is also our top priority."

Lasker said this. "We'd better invite some people with enough weight to expand our influence..., for example, we can hold a banquet or something..."

The two men agreed that the top priority was to organize and publicize a large White House banquet, inviting senior officials from the government, Wall Street and business circles to attend, to show the United States that the government was truly concerned about the stock market situation and was prepared to save it as much as possible. - It is worth mentioning.

What is true is that in March 1929, as the Great Crash was approaching, Richard Whitney came to the White House to report the stock market situation to President Hoover.

Afterwards, there was a brief boost in investor confidence. The two seemed to have the same purpose.

On Monday, May 25, the Dow Jones index fell 2,581 points, the largest one-day drop since the assassination of John F. Kennedy in 1963, and closed barely above 630 points, lower than historical levels.

The stock market was wailing, and panic was about to break out. On Monday afternoon, after the stock market closed, the brokerage investment community learned about the planned White House banquet from the Dow Jones news report. The banquet will be held on Wednesday, the 27th, with more than sixty businessmen and

Big names in the financial world will attend the banquet.

Soros stopped his efforts at this moment and waited to see what would happen.

Without speculators led by Soros, the U.S. stock market improved for a time, but this was only a superficial phenomenon...

On Wednesday, the day of the banquet, the Dow Jones index rose 21 points, and by Friday, it exceeded 700 points.

At this time, with his hands free, Nixon began to think about Lasker's other opinion.

In fact, the plan had been in place for a long time, and the establishment of the Special Forces School was a matter of time, but Lasker's words gave Nixon new ideas.

"Well, maybe the attitude towards [China] can start to change from this point on."

It is not impossible to first establish a school in the United Nations, and then invite [China] to help [China] restore its position as a permanent member of the United Nations if necessary.

With China, the battlefield in Vietnam will definitely be much better. The U.S. economy has been declining since the collapse of the Bretton Woods system in the late 1960s. Although it has been increasing troops in Vietnam, the federal government's finances are already very tight.

Well, the collapse of the stock market can even be said to be due to this reason…………,@.