I read this when it came out in hardcover, which, I believe, was in 1987. (What you see above is the paperback, which came out in 1989.) I read it for strange reasons: I was a Reaganite.
I voted for him when I was twenty and again when I was twenty-four. I read as much as I could about him all through my twenties. I bought this book with the object of finding more reasons to admire him. The other reason I bought this book is my attention was caught by the last name of the author, which is McCartney. Layton McCartney sounds a lot like Lennon-McCartney, and I thought it was funny that a guy had a handle like that.
Anyway, I bought the book and read it and realized I'd been treated to a slice of truth all my years of combing over William F. Buckley's NATIONAL REVIEW hadn't given me: For what it was worth, the people who had worked to get Reagan elected and who were his closest allies were oil men. I had known Reagan was an arch capitalist but I had not known it was, truly one specific industry which had his ear. Beyond this, I sensed that the people discussed in this book were part of a little company exponentially more powerful than any of the individual oil giants. Bechtel Corporation was not, necessarily, in my mind, a bad entity, and I'm not sure Layton McCartney wanted me to think it was, but it shocked me, somehow, that Reagan's rise to the White House depended to the degree it did on commercial interests.
I reasoned with myself that, of course, anybody seeking national office would want to have a say in how a huge company affecting international business was run. I reasoned that it was good that American politicians would engage with big business so that big business would not run American politics. Up to a point I still believe that.
But Reagan was not, if you will, a trend-setter. Yes, he was the center of the Conservative revolution which ushered in the sea-change for which we are now paying. But what sold me on him and still allows me to consider him a good man was a certain self-control which the two Bushes didn't have. Reagan surrounded himself with people whose interests coincided with his, but once he was gone, his temperament ceased to inform Republican politics. I think he DID want to keep a watchful eye on big business, but he also thought his own self-discipline was a natural part of the mind of any rising business man. It wasn't. Reagan himself had forgotten that what gave him his sense of fair play was his very individualism. he was always aloof. He was a natural loner. He was a great lifeguard. Why? Because lifeguards sit alone in that chair, without advisors and pals. The only hangers-on they deal with are the drowning victims they pull to shore.
Reagan was undermined by his sinister vice-president and his revolution was turned into the image of the strutting hot-head we have now.
Haliburton is our problem. It makes Bechtel look like an old estate headed by a wise patriarch about to die. FRIENDS IN HIGH PLACES was written twenty years ago. The book grows ironic with age.
I do suppose McCartney was writing something of a warning.