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In reply to the discussion: Anyone else feel the weirdness of this unprecedented time? [View all]Kid Berwyn
(17,984 posts)123. GE Theater
The Corruption of Ronald Reagan
by Dan E. Moldea
Excerpt
Ronald Reagan was an invention of the Hollywood conglomerate, MCA, which was founded in 1924 by Jules Stein, a Chicago ophthalmologist who quickly became friendly with the local underworld. Every facet of Reagans life, from his careers in acting and politics to his financial successes, were directed by MCA, which, with the help of the Mafia, was the most powerful force in Hollywood from the mid-1940s until the Bronfman family purchased the company in 1995.
Reagan came to Los Angeles in 1937 to make motion pictures, and, in 1940, MCA bought out his talent agency. Lew Wasserman became Reagan's personal agent; he negotiated a million-dollar contract with Warner Brothers on Reagan's behalf. In 1946, Wasserman became the president of MCA, and the following year, Reagan, with his film career already in decline, became the president of the Screen Actors Guild. By his own admission, Reagan immediately aligned himself with the corrupt Teamsters and other mob-connected unions in an effort to combat Hollywood Reds.
A sweetheart relationship developed between MCA and the guild, which culminated in July 1952 during Reagan's fifth consecutive term as SAG's president. Reagan and Laurence Beilenson, an attorney for MCA who had previously served as SAG's general counsel and had represented Reagan in his 1949 divorce from Jane Wyman, negotiated an exclusive blanket waiver with SAG that permitted MCA to engage in unlimited film production. The agreement violated SAG's bylaws, which prohibited talent agencies from employing their own clients, and no other talent agency was granted a similar agreement at that time. A Justice Department memorandum indicated that the waiver became "the central fact of MCA's whole rise to power."
At the end of Reagan's fifth term, he began to have serious financial problems, particularly with the IRS. In response, MCA negotiated a deal with the Last Frontier Hotel in Las Vegas--which was then operated by Chicago mobsters--for Reagan to host a song-and-dance show for two weeks and to receive enough money to cover his back tax debt. When Reagan returned to Hollywood, MCA, through its newly formed Revue Productions, hired him to host its flagship television program, The General Electric Theater for $125,000 a year. He was paid additional fees when he produced episodes for the series.
Despite his status as a television producer, Reagan remained on SAG's board in another violation of the guild's bylaws, which prohibited producers from holding office in SAG. In 1959, when Reagan ran for an unprecedented sixth term as SAG's president, his opponents raised the bylaws issue. Publicly, Reagan denied that he had ever produced The General Electric Theater--a flat-out lie.
Wasserman had encouraged Reagan to run again. MCA was facing sensitive negotiations with SAG over residual motion picture rights for actors. The issue eventually forced SAG to strike in 1960, and Reagan became the actors' chief negotiator. Labor attorney Sidney Korshak aided Reagan and the studios in the final settlement. Years later, The New York Times characterized Korshak as the link between the legitimate business world and organized crime.
Continues
https://www.moldea.com/ReaganRedux.html
by Dan E. Moldea
Excerpt
Ronald Reagan was an invention of the Hollywood conglomerate, MCA, which was founded in 1924 by Jules Stein, a Chicago ophthalmologist who quickly became friendly with the local underworld. Every facet of Reagans life, from his careers in acting and politics to his financial successes, were directed by MCA, which, with the help of the Mafia, was the most powerful force in Hollywood from the mid-1940s until the Bronfman family purchased the company in 1995.
Reagan came to Los Angeles in 1937 to make motion pictures, and, in 1940, MCA bought out his talent agency. Lew Wasserman became Reagan's personal agent; he negotiated a million-dollar contract with Warner Brothers on Reagan's behalf. In 1946, Wasserman became the president of MCA, and the following year, Reagan, with his film career already in decline, became the president of the Screen Actors Guild. By his own admission, Reagan immediately aligned himself with the corrupt Teamsters and other mob-connected unions in an effort to combat Hollywood Reds.
A sweetheart relationship developed between MCA and the guild, which culminated in July 1952 during Reagan's fifth consecutive term as SAG's president. Reagan and Laurence Beilenson, an attorney for MCA who had previously served as SAG's general counsel and had represented Reagan in his 1949 divorce from Jane Wyman, negotiated an exclusive blanket waiver with SAG that permitted MCA to engage in unlimited film production. The agreement violated SAG's bylaws, which prohibited talent agencies from employing their own clients, and no other talent agency was granted a similar agreement at that time. A Justice Department memorandum indicated that the waiver became "the central fact of MCA's whole rise to power."
At the end of Reagan's fifth term, he began to have serious financial problems, particularly with the IRS. In response, MCA negotiated a deal with the Last Frontier Hotel in Las Vegas--which was then operated by Chicago mobsters--for Reagan to host a song-and-dance show for two weeks and to receive enough money to cover his back tax debt. When Reagan returned to Hollywood, MCA, through its newly formed Revue Productions, hired him to host its flagship television program, The General Electric Theater for $125,000 a year. He was paid additional fees when he produced episodes for the series.
Despite his status as a television producer, Reagan remained on SAG's board in another violation of the guild's bylaws, which prohibited producers from holding office in SAG. In 1959, when Reagan ran for an unprecedented sixth term as SAG's president, his opponents raised the bylaws issue. Publicly, Reagan denied that he had ever produced The General Electric Theater--a flat-out lie.
Wasserman had encouraged Reagan to run again. MCA was facing sensitive negotiations with SAG over residual motion picture rights for actors. The issue eventually forced SAG to strike in 1960, and Reagan became the actors' chief negotiator. Labor attorney Sidney Korshak aided Reagan and the studios in the final settlement. Years later, The New York Times characterized Korshak as the link between the legitimate business world and organized crime.
Continues
https://www.moldea.com/ReaganRedux.html
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We've got to stop letting them call us "the left". There's maga and then there's everybody else.
Walleye
Yesterday
#1
So true. After he was elected, I sincerely tried to make myself feel better by
allegorical oracle
Yesterday
#72
His most "redeeming" features are laziness, incompetence, and lack of conviction (he has plenty of convictions though).
TheKentuckian
Yesterday
#76
The rethugs vowed during FDR's presidencies that they would someday regain total control and obliterate all that had
Texin
Yesterday
#68
Start by not letting them steal election. With the only REAL response is "thank you let me have another." Where is.....
usaf-vet
Yesterday
#54
Perfect diagnosis. I'd like to add one thing here, as to your "they cheated"
bluestarone
20 hrs ago
#95
You mean that Trump will help Putin destroy Europe and America if he can then yes. It's weird.
BradBo
Yesterday
#24
There are so many Fox type news things playing round the clock and you can tell
Maraya1969
Yesterday
#55
Yep. I feel like I'm on a plane that's going down, waiting for the crash.
CaptainTruth
Yesterday
#67
The only part of that I'm not wondering as well is "how so many people have lost their minds"
JHB
20 hrs ago
#97
The nuclear sabre rattling from russia has been going on for nearly 3 years.
Crunchy Frog
19 hrs ago
#100