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I think what happened next, which really turned things around, happened under Carter: the Empire, or at least the chamber of commerce, struck back.

This was probably a result of the Powell Memo

https://reclaimdemocracy.org/powell_memo_lewis/

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Elon below also brought that up. I'd think the Powell Memo deserves at least as large a place in American History classes as the Zimmerman Telegram.

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Especially as Lewis Powell went on to be a SCOTUS justice

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All the shit the big boys did to get Reagan in should be taught, too: https://www.nytimes.com/2019/12/29/world/middleeast/shah-iran-chase-papers.html

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