Why Oil Barons Needed LBJ in the White House скачать в хорошем качестве

Why Oil Barons Needed LBJ in the White House

January 17, 1963: JFK proposes eliminating the oil depletion allowance—a 27.5% tax break that saves Texas oil barons $300 million per year. The proposal would cost billionaires like H.L. Hunt and Clint Murchison hundreds of millions of dollars annually. These men controlled Texas politics, financed Lyndon Johnson's career, and saw Kennedy as an existential threat. Ten months later, Kennedy was dead in Dallas—the oil barons' home turf. Within hours, LBJ became President and dropped Kennedy's tax reform. The oil depletion allowance was preserved, saving the oil industry over $100 million per year during Johnson's presidency alone. This is the story of the greatest financial motive in assassination history: How Texas oil billionaires had everything to lose if Kennedy lived, and billions to gain if he died. Based on Congressional records, tax documents, LBJ biographies, and testimony from lawyers, historians, and witnesses who documented the money trail behind November 22, 1963. SOURCES: Robert Bryce: "Cronies: Oil, the Bushes, and the Rise of Texas, America's Superstate" - Comprehensive analysis of oil depletion allowance Robert Caro: "The Passage of Power" (2012) - LBJ biography documenting Suite 8F Group and oil baron influence Barr McClellan: "Blood, Money & Power: How L.B.J. Killed J.F.K." (2003) - Texas lawyer's account of oil money and assassination Matthew Smith: "JFK: The Second Plot" (1992) - Analysis of oil industry motive Philip F. Nelson: "LBJ: The Mastermind of the JFK Assassination" (2011) - Oil depletion allowance calculations John F. Kennedy: Tax Reform Message to Congress, January 17, 1963 (Public Papers of the Presidents) World Petroleum Magazine: Estimates of oil industry losses from proposed tax reform ($280 million annually) U.S. Congressional Record: Oil depletion allowance history 1913-1975, rate changes and lobbying efforts Suite 8F Group documentation: Meetings, membership, political fundraising (LBJ Presidential Library) Madeleine Duncan Brown: "Texas in the Morning" (1997) - Memoir describing November 21, 1963 Murchison party Madeleine Brown interview: "A Current Affair" television program, February 24, 1992 Gary Mack: Debunking of Murchison party claims (Sixth Floor Museum research) David B. Perry: "Texas in the Imagination" website investigation disproving party attendees' presence Craig Zirbel: "The Texas Connection: The Assassination of President John F. Kennedy" (1991) Texas Monthly: "Texas Primer: The Oil Depletion Allowance" - History and political context IRS records: Oil depletion allowance tax deductions 1926-1975, revenue losses Clint Murchison Sr. biographical records: Suite 8F Group membership, J. Edgar Hoover relationship H.L. Hunt biographical records: John Birch Society funding, anti-Kennedy propaganda Senate Finance Committee records: 1960s debates on oil depletion allowance reform Lyndon B. Johnson phone recordings: Conversations about tax reform and oil industry (LBJ Library) John Connally testimony: Campaign finance from oil barons to LBJ (various sources) DISCLAIMER: This video is based on historical events, declassified documents, and public theories. It is intended for educational and documentary purposes only. The connections discussed are theories and should not be taken as established fact. #jfk #lbj