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Thomas Bertram Lance, known as Bert Lance, (Born June 3, 1931, in Gainesville, Georgia) is an American businessman, known mainly for his resignation from President Jimmy Carter's administration amid scandal in 1977. Events 350 - Roman usurper Nepotianus, of the Constantinian dynasty, proclaims himself Roman Emperor, entering Year 1931 ( MCMXXXI) was a Common year starting on Thursday (link will display full 1931 calendar of the Gregorian calendar. Gainesville is a city in Hall County in Georgia, United States of America. The United States of America —commonly referred to as the A businessperson (also businessman or businesswoman) is someone who is employed at usually a profit-oriented enterprise, or more specifically someone The President of the United States is the Head of state and Head of government of the United States and is the highest political official in United States by James Earl "Jimmy" Carter Jr (born October 1 1924 was the thirty-ninth President of the United States, serving from 1977 to 1981 and the recipient of the 2002

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Carter administration

Lance was a close adviser to Jimmy Carter during Carter's successful 1976 campaign. The United States presidential election of 1976 followed the resignation of President Richard M He had developed ties with Carter during the former's time as Governor of Georgia. Lance was an unsuccessful candidate to succeed Carter in 1974, losing a bid for the Democratic nomination. Lance finished third in the first primary, behind Lester Maddox and the eventual winner, George Busbee. Lester Garfield Maddox ( September 30, 1915 – June 25, 2003) was an American Democratic Party politician who was George Dekle Busbee ( August 7, 1927 &ndash July 16, 2004) was an American politician who served as the governor of After Carter's victory over President Gerald Ford, Lance was named director of the Office of Management and the Budget (OMB). Gerald Rudolph Ford Jr (July 14 1913 December 26 2006 was the thirty-eighth President of the United States, serving from 1974 to 1977 and the fortieth Vice President The Office of Management and Budget (OMB is a Cabinet -level office and is the largest office within the Executive Office of the President of the United States (EOP According to former OMB officials, it was well-known in the department that Bert Lance and President Carter prayed together every morning.

Within six months, questions were raised by the press and Congress about mismanagement and corruption when Lance was Chairman of the Board of Calhoun National Bank of Calhoun, Georgia. The United States Congress is the bicameral Legislature of the federal government of the United States of America, consisting of two houses Calhoun is a City in Gordon County, Georgia, United States. The Population was 10667 at the 2000 census. William Safire's article written during this time, Carter's Broken Lance, later earned a Pulitzer Prize. William L Safire (born December 17, 1929) is an American author semi-retired columnist and former Journalist and presidential The Pulitzer Prize, ˈpʊlɨtsɚ PULL-it-sər is an American award regarded as the highest national honor in Newspaper journalism,

This embarrassment to Carter's administration, particularly as it came in the wake of the Watergate scandal and an election victory over Richard Nixon's pardoner, led to Lance resigning as OMB director on September 21, 1977. The Watergate scandals were a series of Political scandals during the presidency of Richard Nixon that resulted in the Indictment of several of Nixon's Events 1217 - The Estonian tribal leader Lembitu of Lehola was killed in a battle against Teutonic Knights. Also 1977 (album by Ash. Year 1977 ( MCMLXXVII) was a Common year starting on Saturday (link displays

In the highly publicized trial that followed, Mr. Lance was acquitted of all charges. In 1981, Lance returned to the Calhoun National Bank, again as Chairman. Year 1981 ( MCMLXXXI) was a Common year starting on Thursday (link displays the 1981 He left in 1986. Year 1986 ( MCMLXXXVI) was a Common year starting on Wednesday (link displays 1986 Gregorian calendar) He made something of a political comeback in 1982 when he was elected Chairman of the Georgia Democratic Party. In 1984 Walter Mondale sought to name Lance chairman of the Democratic National Committee, but dropped the idea after it provoked criticism. The Democratic National Committee (DNC is the principal organization governing the United States Democratic Party on a day to day basis In 1988 Lance was a close advisor to Jesse Jackson during Jackson's presidential campaign. Jesse Louis Jackson Sr (born October 8 1941 is an American Civil rights activist and Baptist minister.

IF IT AIN'T BROKE, DON'T FIX IT

This expression has been popularized from the idea that any attempt to improve on a system that already works well is pointless, and may even be detrimental. Reportedly it originated in the United States in the 20th century from Bert Lance who, as a Government official, was quoted in May 1977 issue of the 'Nation's Business' [1] as saying, "If it ain't broke don't fix it. " Lance's advice, according to William Safire, "has become a source of inspiration to anti-activists. William L Safire (born December 17, 1929) is an American author semi-retired columnist and former Journalist and presidential " [2].

BCCI scandal

Lance was implicated in the BCCI scandal of the 1980s and early 1990s. The Bank of Credit and Commerce International ( BCCI) was a major international Bank founded in London, United Kingdom in 1972 by Agha The 1980s was the decade spanning from January 1 1980 to December 31 1989. The 1990s collectively refers to the years between and including 1990 and 1999 He was involved in deals with notable BCCI luminaries Agha Hasan Abedi, Mochtar Riady and Ghaith Pharaon[3] and with BCCI's largest borrower, P. Agha Hasan Abedi also affectionately known as Agha Sahab (May 14 1922 Lucknow - Aug 5 1995, Karachi) was a banker from Mochtar Riady (李文正 is a financial magnate in southeast Asia Ghaith Rashad Pharaon, (b September 7 1940 in Riyadh (or by varying accounts Jeddah or Onaira Saudi Arabia is a prominent Saudi businessman and financier as well as a fugitive S. Prasad[4], and joined with Arkansas-based power investor Jackson Stephens in facilitating BCCI's takeover of Financial General Bankshares. Lance and Stephens made millions in the wake of BCCI's collapse. [5]

Popular references

On Saturday Night Live, soon after Lance's resignation from the Carter Administration, John Belushi (playing Lance) and Dan Aykroyd (playing Jimmy Carter) appeared in an advertising parody of an American Express credit card commercial. Saturday Night Live ( SNL) is a weekly late-night 90-minute American Sketch comedy / Variety show based in New York City John Adam Belushi ( January 24, 1949 – March 5, 1982) was an American Comedian, Actor and Musician Daniel Edward "Dan" Aykroyd, CM (born July 1, 1952) is an Academy Award -nominated and Emmy Award -winning Canadian-American American Express ( sometimes known as " AmEx " or " Amex " is a diversified global Financial services company headquartered in [6]

References

  1. ^ Nation's Business is the house magazine for the US Chamber of Commerce
  2. ^ From "Random House Dictionary of Popular Proverbs and Sayings" (1996) by Gregory Y. Titelman (Random House, New York, 1996)
  3. ^ Bert Lance
  4. ^ 246 N
  5. ^ New York Post, Feb. 7, 1992, Bill Clinton Banker’s BCCI Link, by Mike McAlary
  6. ^ SNL Transcripts: Steve Martin: 09/24/77: National Express Card

On an episode of Good Times, JJ referred to himself as Bert Lance, offering to make out a check for the family budget knowing they have no money.

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