[IMGCAP(1)]While reflecting on a telephone call with the Senate Democratic Campaign Chairman, George Smathers, on Saturday, Nov. 23, 1963, Lyndon B. Johnson said, “You don’t learn anything when you’re talking.”

The day before this conversation, President John F. Kennedy had been assassinated, and LBJ was thrust into presidency. On the first full day of LBJ’s presidency, he consumed as much information as he could in order to absorb the enormity of the situation, according to the best-selling biography, “The Passage of Power: The Years of Lyndon B. Johnson,” by Robert Caro. He need to determine how to deal with the outrage and emotions that consumed the people in the United States, how to show the world that the transition of power was seamless, how to encourage the Kennedy followers to now follow the new president, and lastly how to strategize the best way to pass the Kennedy policy legacy through the legislature.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access