8th June 2012, 09:55 AM #1
Treason, Nixon, and the sabotage of peace talks for political gain
"On Oct. 29, 1968, national security adviser Walt Rostow received word from his brother, Eugene Rostow, who was Under Secretary of State for Political Affairs, about a tip from a source in New York who had spoken with “a member of the banking community” who was “very close to Nixon,” Eugene Rostow wrote in a memo.
The source said Wall Street bankers – at a working lunch to assess likely market trends and to decide where to invest – had been given inside information about the prospects for Vietnam peace and were told that Nixon was obstructing that outcome.
“The conversation was in the context of a professional discussion about the future of the financial markets in the near term,” Eugene Rostow wrote. “The speaker said he thought the prospects for a bombing halt or a cease-fire were dim, because Nixon was playing the problem … to block. …
“They would incite Saigon to be difficult, and Hanoi to wait. Part of his strategy was an expectation that an offensive would break out soon, that we would have to spend a great deal more (and incur more casualties) – a fact which would adversely affect the stock market and the bond market. NVN [North Vietnamese] offensive action was a definite element in their thinking about the future.”
In other words, Nixon’s friends on Wall Street were placing their financial bets based on the inside dope that Johnson’s peace initiative was doomed to fail. (In another document, Walt Rostow identified his brother’s source as Alexander Sachs, who was then on the board of Lehman Brothers.)
A second memo from Eugene Rostow said the speaker had added that Nixon “was trying to frustrate the President, by inciting Saigon to step up its demands, and by letting Hanoi know that when he [Nixon] took office ‘he could accept anything and blame it on his predecessor.’” So, according to the source, Nixon was trying to convince both the South and North Vietnamese that they would get a better deal if they stalled Johnson.
In a later memo to the file, Walt Rostow recounted that he learned this news shortly before attending a morning meeting at which President Johnson was informed by U.S. Ambassador to South Vietnam Ellsworth Bunker about “Thieu’s sudden intransigence.” Walt Rostow said “the diplomatic information previously received plus the information from New York took on new and serious significance.” [To read Walt Rostow’s memo, click here, here and here.]
An Angry President
That same day, Johnson “instructed Bromley Smith, Executive Secretary of the National Security Council, to get in touch with the Deputy Director of the FBI, Deke DeLoach, and arrange that contacts by Americans with the South Vietnamese Embassy in Washington be monitored,” Rostow wrote.
The White House soon learned that Anna Chennault, the fiercely anticommunist Chinese-born widow of Lt. Gen. Claire Chennault and a member of Nixon’s campaign team, was holding curious meetings with South Vietnamese Ambassador Bui Diem. On Oct. 30, an FBI intercept overheard Bui Diem telling Mrs. Chennault that something “is cooking” and asking her to come by the embassy...."
The Almost Scoop on Nixon’s ‘Treason’ | Consortiumnews
Not only was he a crook....he was a traitor, putting 1000's more young Americans in an early grave.
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