The Stupid Rich

"Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are H. L. Hunt (you possibly know his background), a few other Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid."

- Dwight D. Eisenhower in a letter to his brother Edgar, dated November 8, 1954

(H.L. Hunt's son Ray (by then mistress Ruth Ray), is president of Dallas-based Hunt Oil, and a long-time political and financial supporter of the Bush family. He is also a member of the EDS and Halliburton Corp. boards and the boards of the Center for Strategic and International Studies and the National Petroleum Council, two industry groups that advise the White House on foreign and energy policies. In October 2001 he was appointed by President Bush to the President's Foreign Intelligence Advisory Board.)

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