"1848 and Beyond"
posted August 4, 2005

"An African Queen"
posted August 11, 2005

"Near Hit"
posted August 16, 2005

"Orko Gold"
posted August 18, 2005

"Mr. Smith Goes To Hungary"
posted September 1, 2005

"A Letter To
President Bush"

posted September 8, 2005

"Mr Clarke -
Call In The Boys"

posted September 12, 2005

"Orezone"
posted September 23, 2005

"U.S. Gold Corp."
posted September 29, 2005

"Mr. Prime Minister"
posted October 13, 2005

"The Business of Hungary is Business!"
posted October 31, 2005

"Then And Now"
posted November 9, 2005

"50 Relatives Worse Than Yours"
posted November 14, 2005

"Bunker Hunt-Silver-China"
posted November 28, 2005

"The Currency of Mass Destruction"
posted December 5, 2005

"Sonesta International Hotels Corporation"
posted December 29, 2005

"Northern Star Mining"

posted January 16, 2006

"Other People's Money -Enron & Martin Siegel, Esq."
posted January 28, 2006

"Your Money Is Not Yours"
-Enron & Martin Siegel, Esq.

posted February 9, 2006

"A Tribute to
Rudy Giuliani
"
posted February 15, 2006

"Interview with
Robert McEwen-
U.S. Gold Corporation
"

posted February 22, 2006

"Sparton Resources"
posted March 1, 2006

"Harvest Gold"
posted March 2, 2006

"Midway Gold
Corporation
"

posted March 23, 2006

"Pocketful Of
Miracles"

posted April 8, 2006

"J.P. Morgan Offers Advice To Ken Lay"
posted April 11, 2006

"The Principal Guest Was Missing"
posted April 25, 2006

"Ken Lay's Legacy"
posted May 8, 2006

"Gateway Gold:
It's A Gold Story"

posted May 15, 2006

"Northern Star
Mining Corp."

posted May 19, 2006

"I Am An Immigrant!"
posted June 7, 2006

"Oil & Gas
Energy Crisis Solution"

posted July 3, 2006

"Let There Be  Sunshine" -
Kirk Kerkorian

posted July 12, 2006

"The Age of Mediocrity"
posted July 19, 2006

"Silver In The
Twenty-First Century"

posted August 16, 2006

"Silver Wheaton - SLW"
posted August 28, 2006

"A Matter of Reasonable Doubt"
Ken Lay - Enron

posted August 30, 2006

"Brilliant Mining Corp."
posted September 17, 2006

"The Kennedy-Nixon debate revisited"
posted October 4, 2006

"The Arrival of the
Nickel Billionaires"

posted October 18, 2006

"Global Options
Group, Inc."

posted November 1, 2006

"This Year I'm Voting For Dick Nixon"
posted November 7, 2006

"Aero Mechanical Services, Ltd"
posted November 17, 2006

"Entree Gold Inc."
posted December 13, 2006

"WisdomTree Investments, Inc."
posted December 26, 2006

"My Father Died In Auschwitz"
posted January 19, 2007

"Lexam Exploration, Inc."
posted February 11, 2007

"Robert Friedland -
The Man of The Year"

posted February 21, 2007

"Rubicon Minerals Corp."
posted March 1, 2007

"Warren Buffett - Franklin Roosevelt"
posted March 15, 2007

"Golden Valley Mines, Ltd"
posted April 21, 2007

"Brilliant Mining Corp."
posted May 22, 2007

"Bayswater Uranium Corp."
posted May 30, 2007

"Ghengis Kahn Was Hungarian"
posted May 31, 2007

"Portal Resources"
posted June 12, 2007

"Aldershot Resources Ltd."
posted July 16, 2007

"Entrée Gold Inc."
Follow Up Report #1

posted July 24, 2007


"The Age of Special 'Corporate' Relationships"
posted August 23, 2007

"Interview with
David Hjerpe - Newmac Resources, Inc."

posted August 27, 2007

"Interview with
Jim Davis - President of Leeward Capital Corporation"

posted September 4, 2007

"Interview with Professor William Pfaffenberger - Torch River Resources"
posted September 22, 2007

"Ghengis Kahn Returns"
posted September 27, 2007

"Jasper Mining Corporation"
posted September 27, 2007

"Gold Indexed Bonds"
posted October 11, 2007

"Tagish Lake Gold Corp."
posted November 1, 2007

"Stalin & Chavez"
posted November 9, 2007

"Sanj Bayar -
The Prime Minister of Mongolia"

posted November 15, 2007


"The Mongolian Wakeup Call"
posted November 16, 2007

 

Andrew Racz  

Articles by Andrew Racz 

BERAL, INC.  
Andrew G. Racz  
Director of Research
 
300 East 54 Street, Suite 26C  
New York, New York 10022  
Telephone: (212) 319-6949  
Fax: (212) 753-1944
 

 E-mail: mlikar@aol.com   

 

 

November 28, 2007

 

"Watergate Saved Nixon's Life"

 

I first met President Nixon exactly on March 18, Wednesday, 1981. On the previous Sunday, New York Times' business section put my name in the front and gave me a two-paged article in conjunction with my role in engineering the takeover Bache & Co., then the nation's second largest brokerage firm in New York.


When the New York Times reporter interviewed me, I thought it would be about Bache. It turned out to be a personal biography.


I quoted that my father was killed in Auschwitz. My idols were strong-arm politicians like Churchill, Nixon, and Governor Connally.


On Monday, I wrote another letter to the President which must have been the fourth of fifth. I must admit, he answered to every letter telling me that he was very busy, but eventually he will meet me.


So on Wednesday March 18 at 3:00 p.m., I rang the bell at East 56th Street.


Nixon had a very attractive small study and channeled the conversation to a common acquaintance, Mr. Jimmy Crosby, the President of Resorts International. And 1981 was only three years after Resorts became a household name, the first casino in Atlantic City. Crosby was a major supporter of Nixon. And actually, Nixon acted as an attorney in 1967 when Resorts bought the hotels and the famous bridge from the impoverished Huntington Hartford. I knew all the characters, and actually, I met Nixon on the airplane back from the Bahamas where we were vacationing. It was a short conversation. He never remembered it.


I felt, when I was sitting opposite him, that the small talk has to end. He did mention that Governor Connally mentioned my great interest of meeting him and referred to this reference. But I suddenly turned to an anecdote that livened him up.


I asked Mr. President, "Do you remember the Red Light Bandit?"


He seemed to remember something, but nothing specific. The fellow was Chessman. He raped girls on the California Highway. Nixon started to smile and said, "I remember, but what has it got to do with me?" I said, "Well, he was in the death row for sixteen years, he became an attorney in jail, defended himself twice, but after sixteen years, Governor Brown sentenced him to death."


Lately, a movie was made of Chessman. Dreyfus has a Zola, Chessman was his own Zola.


Nixon remained silent, and then very graciously said, "I see. You want to be my Zola."


What does a man like Nixon talk about when he's not on the stage?  What does a man think and talk and refer to when he talks to a totally nonpolitical person like myself?


As I soon learned, President Nixon, when he relaxed, he tried to focus intellectually on a subject that is his turbulent and busy life didn't always permit him. I was, and whether it is a complement or not, I was a relaxation.


One night, deeply in thought, walking up and down, and stopped to refer to Watergate, I asked him why he didn't give in. He turned and quite seriously but firmly - very firmly - said, "You always have to keep on fighting. You have to keep on fighting."


Then, after some silence, he asked me, "Have you ever heard of anything like Watergate?"


And that is when my moment came. I presume the thoughts and the words which I uttered probably came to Einstein when he discovered the theory of relativity. Many great stock market speculators and the biggest winners usually come in a single moment and not by long periods of study.


Frankly, this is how I discovered Resorts International. I read a relatively unpleasant article in the New York Magazine. Mr. Crosby and his president, Mr. Davis' hands were painted in black. But I read the facts, the stock was only $10.00, and I decided in a single moment it's going to be my big, big winner. It went to $200.00. I was the first security analyst down in Atlantic City.


The Great Moment, The Great Thoughts. There was a play with Alan Bates and Maggie Smith when Alan Bates, referring to his rich former wife, says, "You were my Fulbright."


I looked back at the president and calmly but firmly said,
"Mr. President, Watergate saved your life."


To this, much to his credit, President Richard Nixon sat down in an armchair. He was silent for a while and then indicated with his hand that I should continue.


I said, "Well Mr. President, let's look at the facts. In 1961, September, Dag Hammarskjold, Secretary General of the United Nation was flying to Ndola, northern capital of Rhodesia, to negotiate with President Thsombe of Katanga. I was there as a student journalist. Hammarskjold's plane crashed. Well, I went to see the plane. Do I have to say a single word?"


In 1963, President John F. Kennedy was assassinated in Dallas, Texas.


In 1968, at Martin Luther King is shot to death in a motel corridor.


On June 4, 1968, Robert Kennedy, Former Attorney General, Senator, Presidential Candidate, Leading Contender for the Democratic nomination after his victory in California is shot dead in a kitchen.


Mr. President, these were four public spirited and respected individuals. All these four died by fulfilling their own destiny and being at that height of their power.


Nixon then recovered. He said, "Well, it's true. Yes. They were all public spirited people."


Mr. President, you have been a well-known international attorney. May I respectfully ask, "Do you remember a single trial upon the death of these four eminent people?"


Nixon by then was interested and using his memory, he apparently went through in his head about the four murders and he said, "No, there was no public trial."


Let's take the last assassination. Robert Kennedy, he is on the platform, he raises his fingers "onto Chicago". He walks out through a large but unguarded kitchen. I don't want to be disrespectful, Mr. President, but have you ever left the platform and walked alone or with no guard?  Did you walk through a kitchen?  Or walk away from a platform particular if you have a major victory when every photographer from television wants to look at you. Wouldn't you want to walk to the main door so more pictures can be taken?  At that time, Robert Kennedy needed more publicity, more recognition by the media than any time in his lifetime. He goes through a kitchen. Now, how does that sound?


And if you want to emphasize a little bit, all I remember is that a few days later, they pointed -- they found the father and mother of this Jordanian assassin in Jordan in a village and the television was showing that this is the family that killed Robert Kennedy. That's it.


Nixon remained silent and I started to observe that his mind was working, that his brilliant brain which is compared to the calculating ability of a chess master, his mind was at work.


Now, let me go just a step further. Mr. President, we were talking about four isolated assassination of public figures. All four attempts were made, and all four attempts were successful. Now, may I ask you, what does for out of four mean to you?


There was a first smile. He said, "Poker."


And this is where now we have to turn to the fate of President Richard Nixon. In order to make assassination against President Nixon, the conspirators had to make a fixed attempt. Going back to your word poker, if you face a poker and you try to take another victim which, Mr. President, would have been you, it would have been betting against the poker. Now, referring to your experience, Mr. President, in the Pacific, did you ever make a bet against a poker?


Nixon was back at his professional mode. He said, "No, of course not. You never bet against the poker."


So before we turn to the fifth assassination, we have to ask a question. How is it that four public assassinations of public figures never brought along a single trial?  Not a single major trial. It could have meant that there was a common trend - people, authority, methods - a common trend among the four assassinations. Otherwise, out of the four, there would have been at least one trial.


And now, having established the past, we turn to the assassination of President Richard Nixon.


The conspirators obviously voted against it. The reason is quite simple. President Nixon didn't move as freely as President Kennedy. And by the choice of circumstances, the assassination may not have been successful. They may have hurt you or being sick for six months, but they may have killed you.


Now, there was something different. By 1971 to the 10 years of Dag Hammarskjold in 1971, the President of the United States, President Richard Nixon, had a friend namely Leonid Brezhnev, Secretary General of the Soviet Politburo. The KGB was doing its own research of President Kennedy's murder. They didn't believe in the official theory.


The assassination of President Richard Nixon, successful or not successful, would be against the policy and interest of the Soviet Union. First, they would have been very unhappy. Second, they have rightfully assumed that there are elements in America who always want to sabotage the friendship, the business relationship between the Soviet Union and the United States. Two presidents in ten years. Brezhnev would have to ask: Who runs America?


In any case, Brezhnev would have brought in the KGB, wanted or unwanted, in the United States, and the whole conspiracy going back to Dag Hammarskjold, the people, they probably would have been wiped off the face of the earth. Even so, you would have been only hurt for a period of six months.


That is why, Mr. President, Watergate saved your life.


Nixon got not so happy, but he was trying to get to the root of the matter. Then what was the Watergate all about?


The only thing I can tell the president that the conspirators decided not to kill you, not to make an attempt to kill you. But they have made an attempt to eliminate you from the seat of power. And the only other way to eliminate somebody from the White House is to study his life, study his weaknesses, study the way he operates, study the people around you, and trick him. Mr. President, my conclusion is Watergate was the most successful trick ever played on a human being of prominent position. The truth of the matter, Mr. President, you were totally innocent. You were simply tricked.


Almost 35 years has passed since your resignation. The tricks worked.


It is 13 years that you left us on April 22nd, 1994 which happens to be my birthday. I have a six year-old grandson named Daniel.


Today, the Russians and the Chinese have accumulated well over $1 billion in our currency and they are buying up the world. Abu Dhabi invested $7.5 billion to save City Corp. The two communist empires you have inherited are booming. To be fair, Mr. President, you tricked the world. While you were president, you tricked everybody. You changed the world.

 

 

Andrew Racz




(Article 70 - posted November 28, 2007)

 

 

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