At that time Houston was just starting to flex its political muscle as the center of the oil industry. It was building architectural wonders as great as technology is building today – what is Apple’s “flying saucer” headquarters but a Ringworld version of the Astrodome?
To those accusing tech moguls today of living in “a bubble,” allow me to welcome you to River Oaks, Houston, circa 1976. Let me introduce you to people like Robert Mosbacher (here with George H.W. Bush, Jim Baker, and his then-wife Georgette), to the heirs of Sid Richardson, or to the partners at Vinson & Elkins, to the great and the good of the oil industry during that time.
They lived in a constant state of luxury, on private jets, and while for many years they had sought to be left alone, they had recognized by this time this was impossible.