Tuesday, February 3, 2015

Heavy Insider Buying in LTV Stock by LBJ Insiders Just Weeks Before JFK Assassination.

By Robert Morrow
Tel.   512-306-1510

Heavy insider buying in LTV stock by LBJ insiders DH Byrd and James Ling occurred in Nov. 1963 in the weeks before the JFK assassination. Major defense contract was awarded to LTV in January, 1964, paid for out of the nonexisting 1965 budget

One needs to go to JFK Counter Coup  footnote #49

49. In early November 1963, Byrd and his investment partner, James Ling, made a significant insider purchase of stock in their defense industry investment, LTV. Although required by SEC rules to report this insider purchase, they delayed doing so until well after Kennedy’s assassination. Then in January LTV received the first major LBJ defense contract from the Pentagon – for a fighter plane designed for Vietnam. Cf. Joan Mellen, “The Kennedy Assassination and the Current Political Moment,” Part II, http://www.joanmellen.net/truth-2.html.

DH Byrd was so close to LBJ they might as well have been Siamese twins. And he is Col. DH Byrd Air Force friends with Gen Curtis Lemay who called the Kennedys' "cockroaches" in his LBJ oral history. Air Force Gen. Edward Lansdale running the show at Dealey Plaza - joint CIA/military intelligence operation.

The heavy insider buying was based on DEAD KENNEDY coming up soon with LBJ INSIDE WHITE HOUSE.

Anyone who tells you the JFK assassination is not solved stick this in their face.


I should note that DH Byrd 1) employed LBJ's personal hit man Malcolm Wallace 2) the DH Byrd owned the Texas School Book Depository and 3) that DH Byrd could land his plane on LBJ's ranch anytime he wanted to even when LBJ was president. 4) DH Byrd also had the "sniper's window) of the Texas School Book Depository removed and sent to his home as a trophy. DH Byrd was a noted "big game" hunter and JFK was the biggest one he ever snared.

Byrds, Planes, and an Automobile by Richard Batholomew

It is probable that Byrd knew David Ferrie and he definitely knew the very top Air Force brass through Civil Air Patrol (CAP). CAP Captain David Ferrie was CAP cadet Lee Harvey Oswald's trainer.316

Byrd was a co-founder of Civil Air Patrol. Displayed in his office, at 1110 Tower Petroleum Building in Dallas, were many pictures of himself in uniform with aviation dignitaries and Air Force Generals.317 He was an aviation buff but could not become a fighter pilot because his eyesight was bad.318 He co-founded CAP six days before Pearl Harbor.319 After World War II he spearheaded the establishment of the Cadet Program in CAP and contributed many scholarships to its cadets.320 In Dallas on May 24, 1963, the U.S. Air Force presented to Byrd its Scroll of Appreciation, which reads:

For rendering meritorious service to the United States Air Force from Dec. 1941 to April, 1960. Motivated by a strong sense of patriotism, Mr. Byrd played a major part in the successful operation of the Texas Wing, Civil Air Patrol, throughout World War II. After the war he assisted in the incorporation of the Civil Air Patrol and its designation as an Auxiliary of the Air Force. Mr. Byrd helped initiate the International Air Cadet Exchange and worked closely with the Air Cadet League of Canada. The many scholarships established or supported by Mr. Byrd have aided countless cadets in the attainment of additional training and higher education. His contributions of material and personal aircraft to the use of Civil Air Patrol materially aided in the performance of its mission.. The distinctive accomplishments of Mr. Byrd have earned for him the sincere gratitude of the United States Air Force.

(Signed) - Curtis E. Le MayChief of Staff

(Signed) - Eugene M. ZuckertSecretary of the Air Force321

D.H. Byrd counted among his close friends one of the most famous aviators, General Jimmy Doolittle.322 Byrd and Doolittle were hunting buddies. Of Doolittle he wrote, "Having a fondness for being Number One in all my undertakings, it doesn't come naturally for me to confess that Doolittle is the one man whom I would gladly serve in any venture as Number Two."323 On one intriguing trip without Doolittle, Byrd went hunting in central Africa in November and December 1963. It was his first such trip of five during his lifetime outside of the U.S., Mexico, and Canada.324

Byrd prepared well for the trip: Temco, Inc. was an aircraft company founded by D.H. Byrd and which later merged with his friend James Ling's electronics company (1960), and aircraft manufacturer Chance Vought Corporation (1961) to form Ling-Temco-Vought (LTV). Byrd became a director325 of LTV and bought, along with Ling, 132,000 shares of LTV in November 1963.326 Byrd then left the country to go on his two-month safari in central Africa. He returned in January to find his good friend Lyndon Johnson president of the United States, his building famous, and a large defense contract awarded to LTV to build fighter planes -- to be paid for out of the 1965 budget which had not yet been approved by Congress.327

Mac Wallace, who received a five-year suspended sentence in the shooting death of John Douglas Kiner in Austin on October 22, 1951, went to work for Temco, Inc. of Garland, Texas five months after his trial. He remained in that position until February 1961, four months before Henry Marshall's mysterious death on June 3, 1961, when he transferred to the Anaheim, California offices of LTV.328

The transfer required a background check by the Navy. "The most intriguing part of the Wallace case was how a convicted murderer was able to get a job with defense contractors. Better yet, how was he able to get a security clearance? Clinton Peoples [the Texas Ranger Captain who investigated the Marshall and Kiner murders]329 reported that when the original security clearance was granted, he asked the Naval intelligence officer handling the case how such a person could get the clearance. `Politics,' the man replied. When Peoples asked who would have that much power, the simple answer was, `the vice president,' who at the time was Lyndon Johnson. Years later, after the story broke [of Billie Sol Estes' March 20, 1984 testimony that implicated Lyndon Johnson, Malcom Wallace, and Clifton Carter in the death of Henry Marshall], that investigator could not recall the conversation with Peoples but he did say no one forced him to write a favorable report. He also added that he wasn't the one that made the decision to grant the clearance. The whole matter might have been solved with a peek at that original report but unfortunately, when the files were checked, that particular report was suspiciously missing. It has never been seen since."330
Wallace was transferred and given clearance in February 1961. "In January 1961, the very month Johnson was sworn in as vice president, and the month Henry Marshall was in Dallas discussing how to combat Estes-like scams, Billie Sol Estes learned through his contacts that the USDA was investigating the allotment scheme and that Henry Marshall might end up testifying. The situation was supposedly discussed by Estes, Johnson, and Carter in the backyard of LBJ's Washington home. Johnson was, according to Estes, alarmed that if Marshall started talking it might result in an investigation that would implicate the vice president. At first it was decided to have Marshall transferred to Washington, but when told Marshall had already refused such a relocation, LBJ, according to Estes, said simply, `Then we'll have to get rid of him.'"331

According to Craig Zirbel, author of The Texas Connection, in May 1962, "...Johnson flew to Dallas aboard a military jet to privately meet with Estes and his lawyers on a plane parked away from the terminal....This incident would probably have remained secret except that LBJ's plane suffered a mishap in landing at Dallas. When investigative reporters attempted to obtain the tower records for the flight mishap the records were "sealed by government order."332

Still more LTV intrigues were revealed by Peter Dale Scott: "A fellow-director of [Jack Alston] Crichton's333 firm of Dorchester Gas Producing was D.H. Byrd, an oil associate of Sid Richardson and Clint Murchison, and the LTV director who teamed up with James Ling to buy 132,000 shares of LTV in November 1963. While waiting to be sworn in as President in Dallas on November 22, Johnson spoke by telephone with J.W. Bullion, a member of the Dallas law firm (Thompson, Wright, Knight, and Simmons) which had the legal account for Dorchester Gas Producing and was represented on its board. The senior partner of the law firm, Dwight L. Simmons, had until 1960 sat on the board of Chance Vought Aircraft, a predecessor of Ling-Temco-Vought. One week after the assassination, Johnson named Bullion, who has been described as his `business friend and lawyer,' to be one of the two trustees handling the affairs of the former LBJ Co. while its owner was President."334
Another appreciative friend of Byrd's was Arthur Andrew Collins, the founder of the Collins Radio Company. Byrd, along with John D. Rockefeller, Jr., was a financier of his cousin Admiral Richard E. Byrd's polar expeditions by air. A mountain range at the South Pole is named the Harold Byrd Mountains in his honor.335 Some of that money went for the purchase of radio equipment and technical support from Arthur Collins. The 1933 expedition was the first big break for the young Collins Radio Company of Cedar Rapids Iowa.336

In May 1951 Collins began an expansion program to build a one-million dollar plant near the Dallas suburb of Richardson. A hanger was leased at nearby Red Bird Airport to install and repair airborne equipment. The move was due to a decentralization plan urged by the Defense Department for security reasons.

Madeleine Duncan Brown was a mistress of Lyndon Johnson for 21 years and had a son with him named Steven Mark Brown in 1950. Madeleine mixed with the Texas elite and had many trysts with Lyndon Johnson over the years, including one at the Driskill Hotel in Austin, TX, on New Year's Eve 12/31/63.

    Late in the evelning of 12/31/63, just 6 weeks after the JFK assassination, Madeleine asked Lyndon Johnson:

    "Lyndon, you know that a lot of people believe you had something to do with President Kennedy's assassination."    

    He shot up out of bed and began pacing and waving his arms screaming like a madman. I was scared!

    "That's bullshit, Madeleine Brown!" he yelled. "Don't tell me you believe that crap!"

    "Of course not." I answered meekly, trying to cool his temper.

    "It was Texas oil and those fucking renegade intelligence bastards in Washington." [said Lyndon Johnson, the new president.]  [Texas in the Morning, p. 189] [LBJ told this to Madeleine in the late night of 12/31/63 in the Driskill Hotel, Austin, TX in room #434 which is now known as the Governor’s Suite. LBJ kept this room on retainer for business and as a place to tryst with his mistresses. LBJ and Madeleine spent New Year’s Eve ‘64 together here.

1 comment:

  1. This is right on! Roger Stone verifies these same accounts in his NY Times bestselling book, "The Man Who Killed Kennedy: The Case Against LBJ." It's out in a paperback edition with two new chapters added. http://www.amazon.com/Man-Who-Killed-Kennedy-Against/dp/1629144894/ref=tmm_pap_title_0?_encoding=UTF8&sr=&qi