The basic difficulty that all of us really face is this - and the quicker we understand it the better we will be - that the demand for credit from all sources is too large relative to the supply.
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.
Through this legislation, many families - many Americans of very modest means - will now be able to complete their home purchases.
This measure will increase the amount of money that is available for home mortgages.
History's verdict on any society will ultimately rest on how its people lived.
Those people have a backlog of machine tools, in some instances a 15-month backlog.
This action that we are taking today alone does not go to the root of the problem.
Please pass on to your associates in the Department and, in particular, to the Coast Guard, my commendation and appreciation for these achievements.
This sets a good example for all of us, particularly those who continue to insist that we cannot achieve more program results and maintain our pressure on reducing costs at the same time.
Through the Highway Safety Act, we are going to find out more about highway disease--and we are going to find out how to cure it.
I am especially proud at this moment to sign these bills which I believe promise, in the years to come, to cure the highway disease: to end the years of horror and to give us, instead, years of hope.
We are going to ask every State to participate in safety programs and to conform to uniform driver and pedestrian safety performance standards.
For the first time in the history of the United States there was no boundary dispute with Great Britain.
Finally, I am happy to announce today that one of the Nation's leading traffic safety experts has responded to my call for help.
Safety is no luxury item, it is no optional extra; it must be a normal cost of doing business.
The food we buy, the food we eat, has been under Federal safety standards since way back before I was born--1906.
I believe that anything that is good for the country is good politically.
We will lay on the table our plans to withdraw if they will lay on the table their plans to cease their aggression.
Thus shall we raise the hopes and enrich the lives of people throughout the world.
This is America's hope, Mr. Chairman. This is our dream. This is our goal.
We will not be providing a bonus to someone to build something we don't want built.
Several million Americans ought to be, and I think will be, very grateful to this 89th Congress for this legislation.





