Competition has always been the hallmark of our free enterprise system.
Lyndon Johnson
The Public Record
Lyndon Baines Johnson was the 36th President of the United States, serving from 1963 to 1969. A member of the Democratic Party, he was born in Texas and began his political career as a U.S. Representative in 1937, later becoming a U.S. Senator in 1949. Johnson ascended to the presidency following the assassination of John F. Kennedy, and his administration is noted for significant domestic policies, including the Great Society programs aimed at eliminating poverty and racial injustice. His legislative achievements included the Civil Rights Act of 1964 and the establishment of Medicare and Medicaid.
Justice demands it and I think the American people have always, when they know all the facts and they get the truth, done what is fair, what is right, and what is just.
Among the most dangerous threats to a sound and healthy economy in America are spiraling interest rates.
We are very anxious to pursue any proposal that would interest the North Vietnamese.
The results of these spiraling interest rates are threefold:--First, they force lenders to charge even higher interest rates on the money they lend;--Second, they divert funds away from homebuilding, making it very difficult for thousands…
I thank the membership for the cooperation they have extended the executive branch.
The executive branch of the Government is going to take whatever action it can in an attempt to drive down interest rates, in an attempt to keep our dollar sound, and in an attempt to match our expenditures with revenues.
I think that when the heads of the nations come together it is always necessary to have an agenda and to have the matter pretty well planned out in advance.
We hope we will be able to get the Senate to act next week on the new Transportation Department.
But its will will be worked and the bill will be passed in due time, I believe.
I am having the Council of Economic Advisers study the statement that Ford released.
I will tell you in my State of the Union Message our program for the next session of Congress.
I am confident that he is going to be a very effective, just, and aggressive Chairman.
The bill I am signing here in the Cabinet Room this morning--H.R. 14026--I hope will help to correct these conditions.





