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The James Altucher Show

The Untold Stories of America's Presidents: A Conversation with David Rubenstein

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 10 September 2024

⏱️ 63 minutes

🧾️ Download transcript

Summary

Here are the podcast show notes with all the chapters included:A Note from James:"Sometimes, if you just read the news, it doesn't always seem like it, but being President of the United States is the highest calling. You have responsibility over the entire economy, the lives of millions, and the direction of the country in war and peace. I'm excited to talk to David Rubenstein today-he's the head of the Carlyle Group, a $500 billion private equity firm. He also worked for Jimmy Carter, has had presidents work for him, and just published a book called The Highest Calling: Conversations on the American Presidency, where he talks to historians about U.S. Presidents, from George Washington to Nixon and beyond. It's filled with fascinating insights. Let's get started."Episode Description:In this episode, James interviews David Rubenstein about his latest book, The Highest Calling, which dives into the complexities of American presidents through interviews with historians and Rubenstein's own reflections. Rubenstein shares what he's learned from years of interacting with former presidents, how public opinions on U.S. presidents change over time, and what makes the presidency such a unique role. They also touch on the challenges and achievements of figures like Jimmy Carter, Abraham Lincoln, and Dwight Eisenhower, offering listeners new ways to think about the men who have led the country.What You'll Learn:The evolving reputations of U.S. Presidents and how history changes its mind on who was successful.Insights into Jimmy Carter's presidency and why he is gaining new respect over time.The unique challenges that presidents face in foreign policy, with examples from Carter and Eisenhower.How third-party candidates can impact U.S. presidential elections, and what history tells us about that.Surprising facts about lesser-known presidents and the personal relationships that shaped their leadership.Chapters:01:30 - The Weight of the Presidency: Why it's the highest calling in America.02:09 - Introduction of David Rubenstein and his work with U.S. Presidents.03:01 - Rubenstein's New Book: The Highest Calling and why it stands out.03:19 - Changing Opinions: How history re-evaluates past presidents.05:12 - Jimmy Carter's Presidency: Achievements and controversies.08:37 - Foreign Policy and Perception: How leaders are judged at home and abroad.10:21 - Carter's Unique Strategy in 1976: His rise to the presidency.12:38 - Foreign Policy in the Middle East and the Iran Hostage Crisis.14:03 - Stories Left Out: Surprising anecdotes from U.S. history, like Teddy Roosevelt's Amazon expedition.21:54 - Coolidge's Forgotten Legacy: Why he is an underrated president.23:02 - Hoover's Response to the Great Depression: Was it Coolidge's fault?25:21 - Eisenhower's Quiet Success: How peace and prosperity defined his presidency.29:01 - Military Presidents and Their Reluctance to Use Force: Why they preferred diplomacy.32:17 - The President's Club: Why it no longer exists and the political divide today.33:50 - The Role of Fundraising in Political Polarization.36:46 - The Costs of Running a Presidential Campaign: Why it's so expensive.38:13 - Lincoln's Path to the Presidency: How he stood out in a crowded race.39:49 - The Electoral College Debate: Should it still exist?42:18 - Third-Party Candidates and Their Impact on Elections.44:06 - Overrated and Underrated Presidents: How Kennedy and Eisenhower are viewed today.49:09 - Nixon's Fall from Grace: How his tapes ruined his presidency.50:12 - Nixon's Post-Presidency and Redemption.54:45 - Presidential Debates: How one-liners and debate prep can make or break a candidate.57:40 - The Influence of Speechwriters: Ted Sorensen's role in Kennedy's speeches.01:00:04 - Entering Politics: David Rubenstein's inspiration from Ted Sorensen.01:01:21 - What Presidents Should Know About the Economy.01:03:16 - Unrealized Gains and... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

Sometimes if you just read the news it doesn't always seem like it, but being president of the United States is the highest calling.

0:18.0

You have so much responsibility, your responsibility over the whole economy,

0:22.5

whether people thrive or starve,

0:27.2

or there's a depression or there's a boom.

0:31.1

You're also responsible for every war out there. You're responsible for the lives of not only all Americans, but really the entire world because the U.S. has the most powerful military in the world and we have to be careful how we use it and so many other things.

0:46.6

So I was so happy to talk to David Rubinstein.

0:49.4

He's been on the podcast before he's the head of the Carlisle Group which is a 500 billion dollar private

0:54.6

equity firm and first off he started his career working for a president he worked

0:59.3

for Jimmy Carter when he was fresh out of law school and then at the Carlisle group he even

1:05.0

had presidents working for him so and we talk about that a little in this

1:09.9

podcast but he just wrote a book, just came out called The

1:13.7

Highest Calling, Conversations on the American Presidency, where he

1:18.1

talked to various historians who wrote books about presidents ranging from George Washington and Abraham Lincoln

1:25.7

and Ulysses S Grant all the way up to Bush, Clinton, Nixon, Kennedy, and many of the presidents in between.

1:34.3

I've always been fascinated with biographies of presidents,

1:36.8

but I've learned so much by reading this book,

1:40.1

the highest calling, and talking to David Rubinstein on this podcast. So I hope you learn as much as I

1:46.1

is. So many fun facts and opinions and it's also interesting to see how the opinions of various presidents have changed over time and we talk

1:56.0

about that as well, how history often changes its mind about who was good and who wasn't.

2:01.8

So without further ado, here is David Rubinstein talking about

2:06.5

the highest calling conversations on the American presidency.

2:20.0

This isn't your average business podcast, and he's not your average host. This is the James Altager show.

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