by Pam Martens and Russ Martens
Wall Street on Parade
It was Tuesday, August 6, 1974. New evidence had surfaced showing that the President of the United States, Richard Nixon, had lied to the nation about his knowledge of the Watergate burglary and attempted coverup. Senator Barry Goldwater blurted out in frustration at a Republican luncheon: “There are only so many lies you can take, and now there has been one too many. Nixon should get his ass out of the White House — today!”
The next day, Goldwater led a delegation of Republican leaders to the White House. They told Nixon he had lost the confidence of his party; he did not have the votes in the House to ward off impeachment or the votes in the Senate to avoid conviction. The very next day, Thursday, August 8, 1974, Nixon addressed the nation and announced his resignation as President.