Lubbock Scandal Motivated Kennedy Assassination, Author Claims

If book author Roger Stone is right then the assassination of President John F. Kennedy was tied to a financial scam in Lubbock.
By James Clark

LUBBOCK, TX -- If book author Roger Stone is right then the assassination of President John F. Kennedy was tied to a financial scam in Lubbock.  Stone’s book, The Man Who Killed Kennedy: the Case Against LBJ, was released on November 4. 

Stone was a political operative for Richard Nixon and other Republican Presidential campaigns.  Stone claims in his book that LBJ was responsible for several politically motivated murders long before the Kennedy assassination on November 22, 1963 in Dallas. 

In an interview for, Stone said, “Johnson is not only facing being dropped from the 1964 ticket but he is also facing public humiliation, prosecution and jail.”

That brings us to Billie Sol Estes.

“Billie Sol Estes is a very flamboyant Texas wheeler dealer,” Stone said.  “And he is a very close associate of Lyndon Johnson.”

Estes went to prison for a complicated scheme involving a company called Lubbock Machine and Supply Company.  Estes asked farmers to take out loans for anhydrous ammonia tanks they did not need.  The farmers took out the loans, and passed along the money to Estes.  Estes would make regular payments to the farmers. 

The finance companies believed they were loaning to farmers, not Estes.  Moreover, the tanks supposedly made by Lubbock Machine and Supply Company never existed.  There was no collateral for the loan and the financing companies lost millions of dollars.

“He [Estes] and Lyndon Johnson have perpetrated several frauds on the federal government,” Stone said.

Stone took it one step further in his interview for  “It’s the Sol Estes scandal that threatens Johnson’s place on the ticket and threatens to send Johnson to prison.”

Stone wrote in his book that Estes funneled money to Johnson in exchange for Johnson’s leverage with the U.S. Department of Agriculture.  Estes did time in prison and never said a word about Johnson until after his death.

Stone acquired a letter that Estes’ attorney wrote to federal prosecutors in 1984.  It alleges that Estes and Johnson were involved in the murders of Henry Marshal, George Krutilek, Ike Rogers, Coleman Wade, Josefa Johnson, John Kinser and President Kennedy. 

Stone wrote in his book that Kennedy’s brother, Attorney General Bobby Kennedy, offered Estes his freedom in exchange for testimony against Johnson.  Estes told the Houston Chronicle, “I’d have been free for thirty minutes.  Then I’d have been dead.  There were already some others who had gone down that route.”

Speaking of the 1984 letter, Stone said, “Of course Johnson is dead at that point, so he cannot be posthumously prosecuted.”

But this particular Lubbock connection to the Kennedy assassination via Estes is only true if Stone’s theory is true.  And Stone knows all-too-well that some people will write him off as nothing more than a conspiracy theorist. 

The Texas Attorney General on the day of Kennedy’s murder, Waggoner Carr of Lubbock, would be among Stone’s loudest critics if he were still alive.

Late in life, Carr wrote a letter to his brother, as reported by the Avalanche Journal.  It said in part: “The investigation compelled the conclusion that Lee Harvey Oswald was the assassin of President Kennedy.”

Carr was in charge of the Texas portion of the investigation.  He wrote in his letter, “There was no credible evidence that Oswald was part of a conspiracy.”

“I believe Waggoner Carr to be a man of integrity,” Stone said.  But Stone thinks Carr came to the wrong conclusion about the assassination. 

Stone’s book is available on, Barnes & Noble, and other outlets. 

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