Latino Wall Street with RFK Jr.

Summary

In this inspiring dialogue, Mr. Kennedy emphasizes the importance of financial literacy and its role in empowering communities, drawing from his family's commitment to uplifting Bedford-Stuyvesant in New York City. He discusses the detrimental effects of inflation, the impact of COVID-19 lockdowns on businesses, and the necessity of reducing war expenditures to combat economic inequality. Kennedy calls for a focus on restoring the middle class, promoting homeownership, and fostering a society that values peace and equity, aiming to reestablish America's moral leadership globally.

Takeaways

• 🙌 Mr. Kennedy expresses gratitude for being invited and acknowledges the significance of his presence for the Latino community, symbolizing commitment and care.
• 📚 Mr. Kennedy highlights the importance of financial literacy, sharing a personal story about his father's efforts to bring financial literacy to Bedford-Stuyvesant, a poor neighborhood in New York City.
• 🏦 The lack of access to capital and banking services was a significant barrier for communities like Bedford-Stuyvesant, which Mr. Kennedy's father addressed by engaging Wall Street leaders to support local entrepreneurs.
• 🛣️ Mr. Kennedy discusses the transformation of Bedford-Stuyvesant from a struggling neighborhood to a thriving community with businesses and opportunities, thanks to financial literacy and capital access.
• 💰 He emphasizes the role of financial literacy in enabling community members to pass on business knowledge and create a cycle of economic growth.
• 📈 Mr. Kennedy criticizes the economic policies of recent administrations, arguing that they have led to inflation, which disproportionately affects the poor and benefits the super-rich.
• 💔 He points out the devastating impact of lockdowns on small businesses and the middle class, while large corporations like Walmart and Amazon thrived, contributing to wealth inequality.
• 🛑 Mr. Kennedy proposes reducing military spending and addressing the chronic disease epidemic as ways to combat inflation and the unsustainable national debt.
• 🌎 He advocates for a foreign policy that supports land ownership and middle-class growth, drawing parallels between the economic stratification in Latin America and the need for a strong middle class in the U.S.
• 🏠 Mr. Kennedy stresses the importance of homeownership for community involvement and access to capital, noting the challenges faced by younger generations in achieving this aspect of the American dream.
• 🕊️ Lastly, Mr. Kennedy aspires to restore the moral authority and effective leadership of the United States, focusing on peace and supporting the poor, as exemplified by his uncle's presidency.

Q & A

What message does Mr. Kennedy's presence at the event convey to the Latino community?

Mr. Kennedy's presence at the event sends a powerful message of support, commitment, and care for the Latino community, as it acknowledges the effort it took for him to be there.

What is the significance of financial literacy in Mr. Kennedy's educational campaign?

Financial literacy is emphasized in Mr. Kennedy's campaign as a crucial component of traditional education, which can empower communities and individuals to access capital and improve their economic status.

How did Mr. Kennedy's father, Robert Kennedy, contribute to the Bedford Stuyvesant neighborhood?

Robert Kennedy dedicated a significant part of his life to improving the Bedford Stuyvesant neighborhood by promoting financial literacy, facilitating access to capital, and encouraging business development among its residents.

What was the impact of the COVID-19 lockdowns on small businesses and the middle class in the United States?

The COVID-19 lockdowns led to the bankruptcy of the middle class, the closure of 41% of black-owned businesses, and the creation of a wealth shift towards the super-rich, resulting in a significant increase in the national debt and inflation.

How does Mr. Kennedy propose to address the issue of inflation if elected president?

Mr. Kennedy suggests addressing inflation by ending the war machine, reducing the military budget, and focusing on the chronic disease epidemic, which are major contributors to the national debt and the devaluation of currency.

What role did large investment companies play in the housing market during the pandemic?

Large investment companies like Black Rock, State Street, and Vanguard contributed to the housing crisis by buying a significant portion of new homes, making it difficult for individuals to purchase properties and pushing the market towards a rental society.

Why is homeownership important for community involvement and access to capital?

Homeownership is important because it fosters a sense of community, encourages involvement in local affairs, and provides access to capital through home equity, which can be used to start businesses and support local economies.

What is the connection between land ownership and the stability of democracy in Latin America?

Land ownership is connected to the stability of democracy in Latin America because it helps build a strong middle class, which is essential for social and economic balance and prevents the concentration of wealth and power in the hands of a few oligarchs.

How did President Kennedy's foreign policy aim to support the middle class and peace in other countries?

President Kennedy's foreign policy focused on supporting the middle class and peace by promoting programs like the Alliance for Progress and USAID, which aimed to rebuild economies and improve living standards in other countries.

What legacy does Mr. Kennedy hope to leave behind in terms of domestic and foreign policy?

Mr. Kennedy hopes to leave behind a legacy of restoring the middle class, promoting peace, and rebuilding the moral authority and respect of the United States both domestically and in its foreign policy.

Outlines

00:00

🙌 Welcoming and Acknowledging Commitment

The speaker begins by expressing gratitude to Mr. Kennedy for attending the event, emphasizing the significance of his presence for the Latino community. The speaker highlights Kennedy's support and commitment to the community, which is conveyed through his effort to be present despite the challenges. The introduction also hints at a fun fact related to Peru, possibly setting the stage for a personal anecdote or a broader discussion on cultural or political ties.

05:00

📚 The Importance of Financial Literacy and Access to Capital

This paragraph delves into the importance of financial literacy, using the example of Bedford-Stuyvesant, a neighborhood in New York City. The speaker recounts how his father, influenced by the lack of access to capital and financial knowledge in the community, dedicated his life to addressing these issues. The lack of minority-owned banks and the resulting absence of home loans and business support are highlighted. The speaker's father's efforts to bring Wall Street leaders to educate and support local entrepreneurs are detailed, showcasing the transformative impact of financial literacy on the community.

10:00

💰 Inflation: A Tax on the Poor and the Wealth Shift

The speaker discusses the detrimental effects of inflation, describing it as a regressive tax that disproportionately affects the poor by devaluing their savings and income. The narrative links inflation to the wealth transfer to the super-rich, exacerbated by the COVID-19 lockdowns that led to the bankruptcy of many small businesses while benefiting large corporations. The speaker criticizes the policies of the Trump and Biden administrations for creating new billionaires at the expense of the middle class and contributing to inflation through excessive money printing.

15:03

🏥 Addressing Inflation: Ending Wars and Reducing Health Care Costs

The speaker identifies war and chronic disease as major contributors to inflation and the national debt. They argue that the cost of maintaining military bases worldwide and the high expenses of the health care system are unsustainable and must be reduced. The speaker proposes cutting the military budget in half and addressing the chronic disease epidemic to alleviate the financial burden on the country, which is ultimately paid for through inflation.

20:03

🏠 The Crisis of Homeownership and the American Dream

This paragraph focuses on the challenges faced by younger generations in achieving homeownership, which is seen as a cornerstone of the American dream. The speaker laments the rise in housing prices and the impact of large investment firms on the housing market, leading to a rental society where individuals lack the capital and equity necessary for community investment and entrepreneurial ventures. The speaker calls for policies that support middle-class homeownership as a means to restore the American dream and community engagement.

25:04

🌎 Land Ownership and Middle Class Development in Foreign Policy

The speaker draws parallels between domestic economic stratification and the political instability observed in Latin America, attributing the lack of a strong middle class to difficulties in land titling and ownership. They reference the work of economist Hernando de Soto and argue for policies that facilitate land ownership as a means to alleviate poverty and promote democracy. The speaker also reflects on the legacy of President John F. Kennedy, who sought to align the United States with the interests of the poor and promote peace, and expresses a desire to restore this moral authority and leadership in both domestic and foreign policy.

🤝 Conclusion: Restoring Middle Class and Global Respect

In conclusion, the speaker reiterates the importance of restoring the middle class and the need for policies that empower individuals with land ownership and financial literacy. They express gratitude to Mr. Kennedy for his support and commitment to the Latino community, acknowledging the inspiration his presence provides. The speaker emphasizes the desire to rebuild the United States' moral authority and leadership, both domestically and internationally, by prioritizing peace and the well-being of the poor.

Keywords

💡Latino community

The Latino community refers to people of Latin American origin or descent living in the United States. In the video, the speaker acknowledges the importance of Mr. Kennedy's presence as a sign of support and commitment to this community, highlighting the powerful message it sends about standing for their interests and well-being.

💡Financial literacy

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management. The video discusses its importance in the context of Mr. Kennedy's campaign and his father's efforts to bring financial literacy to underprivileged communities, emphasizing its role in economic empowerment and community development.

💡Capital

In an economic context, capital refers to funds or assets available for the production of further wealth. The script mentions the lack of access to capital in poor neighborhoods as a barrier to economic growth, and the efforts to reintroduce capital flow as a means to revitalize these areas.

💡Redlining

Redlining is the systematic denial of access to credit or loans to residents of certain neighborhoods based on their racial or ethnic background. The video describes how redlining contributed to the lack of capital and economic decline in certain communities.

💡Entrepreneurial spirit

Entrepreneurial spirit refers to the drive and passion for starting and running one's own business. The script highlights the strong entrepreneurial spirit in Bedford-Stuyvesant, despite the lack of business knowledge and access to capital, which was addressed through the involvement of business leaders.

💡Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. The video discusses inflation as a tax on the poor, devaluing savings and wages, and shifting wealth to the super-rich, particularly in the context of the COVID-19 pandemic and government policies.

💡Middle class

The middle class is a social and economic class relatively positioned between the working class and the upper class. The script emphasizes the importance of the middle class for a stable society and economy, and the challenges it faces, such as the loss of wealth and the inability to achieve traditional milestones like home ownership.

💡Chronic disease epidemic

The chronic disease epidemic refers to the widespread prevalence of non-communicable diseases such as diabetes, heart disease, and obesity. The video points out the high costs associated with chronic diseases, which are a significant burden on the economy and contribute to inflation through increased healthcare spending.

💡Ownership society

An ownership society is a socio-economic concept where a significant portion of the population owns property, contributing to stability and investment in communities. The script contrasts this with a rental society, where lack of home ownership leads to a loss of community investment and capital access.

💡Oligarchy

An oligarchy is a form of power structure where power is concentrated in the hands of a small number of people. The video discusses the formation of a new oligarchy in the United States, with wealth being transferred from the middle class to a small group of super-rich individuals, leading to social and economic imbalance.

💡Moral authority

Moral authority refers to the power or influence based on a perceived higher moral ground or ethical leadership. The video concludes with a call to restore the United States' moral authority and leadership on the global stage, particularly in relation to supporting the poor and advocating for peace.

Highlights

Acknowledgment of Mr. Kennedy's presence as a powerful message to the Latino community of his commitment and care.

Emphasis on the importance of financial literacy in traditional education models.

Personal story of Robert Kennedy's efforts to improve financial literacy in Bedford-Stuyvesant, a poor neighborhood in New York City.

The lack of access to capital and the negative impact of redlining on communities.

Initiative to involve Wall Street leaders in coaching aspiring business people in disadvantaged communities.

Transformation of Bedford-Stuyvesant from a struggling neighborhood to a booming commercial area.

The role of financial literacy in community restoration and business growth.

Inflation as a tax on the poor and its impact on devaluing savings and shifting wealth to the super-rich.

The economic consequences of COVID-19 lockdowns, including the bankruptcy of the middle class and small businesses.

The increase in national debt and its unsustainable trajectory under recent administrations.

The connection between war, the need for printed money, and inflation.

Proposal to reduce military spending and address the chronic disease epidemic to combat inflation.

The importance of home ownership for community involvement and access to capital.

The current shift from an ownership society to a rental society and its implications.

The impact of economic stratification on democracy and political stability, drawing lessons from Latin America.

The vision for a foreign policy that supports land ownership and middle-class building globally.

The desire to restore America's moral authority and effective leadership in the world.

The goal to make every American's dream of home ownership a reality and the importance of a strong middle class.

Transcripts

[Music]

thank you so much everyone and Mr

Kennedy I want to start by acknowledging

you for whatever it took for you to get

here I know it wasn't easy and the fact

that you're here send such a powerful

message to our Latino community that

you're a stand for us about your

commitment to us and that you care about

us otherwise you wouldn't be here so

thank you so much thank you for having

me and thank you everybody for being

here so we're going to start with a fun

fact

[Applause]

[Laughter]

see um

uh BB in Peru

inel is that why

prison in Puerto

maximum sec

foring the Navy to

leave I brought the

law Puerto

Rico he El who put me in jail for the

summer so in in in

[Applause]

wow excellente we're going to switch to

English Mr Kennedy you have emphasized

the importance of Education throughout

your campaign and I would like to know

how do you see financial literacy

fitting into the tradition educational

model I I'll tell you just an example

from my own life my father was attorney

general the United States he was the

campaign manager for his brother my

father was Robert Kennedy he was the

attorney general for his brother John

Kennedy when my uncle was President my

uncle was killed in

1963 and in 1964 my father ran for

Senate in New York

and he became was elected Senator and

then two years later in 196 and as most

of you know in

1968 he then ran for president and he

was assassinated during that run I was

with him when he died in Los

Angeles uh two years earlier he had

walked through a neighborhood the

poorest neighborhood in New York City

was called Bedford Styers and he had

walked through that neighborhood

and he made a decision to devote a large

part of the energy for the rest of his

life to figuring out ways to bring

financial literacy and capital into that

neighborhood it was the neighborhood was

very very poor but there was a very

strong spirit and an entrepreneurial

Spirit but there were two things that

were what people lacked one was there

was no access to Capital this is because

even by then there was only about 30 um

minority-owned banks in our country and

the bank and so and they they were

underfunded and under capitalized the

FED would not give them money and so the

availability of Home Improvement loans

of um of of Home Loans so you could go

borrow money and then buy a home it

wasn't available in those communities so

many of the people were living in

absentee

houses and if you don't own a home you

have no access to Capital if you own a

home you can borrow money but these

communities they couldn't get mortgages

and the communities were redlined by the

bank so they wouldn't make loans in them

and if you don't have access to Capital

you're going to see high crime in those

communities and that's what

happened my father went to the

communities and and said we're going to

figure out how to make the banks loan

money and to and to get Capital flows

back into this

community and but you also know one of

the things they said to them is the

people said to them is you know we have

a strong entrepreneurial Spirit but we

don't really know how to run a business

we don't know how to do you know

inventories and accounting and and taxes

and all of the things that you need to

know if you're going to run a business

so my father got some of the leaders of

Wall Street to commit one day a week or

one day a month to come to Bedford

Styers and meet with aspiring business

people he got Tom Watson who was the CEO

of IBM at that time you got Andre Mayer

Who was the CEO of lard FRS and many

many other business and they agreed to

to donate their time to come and Coach

business people now when my father

died I took his place on the board of

Bedford Stenson

restoration and the first time I went

there was in 1966 with my dad and all

the stores were boarded up there was no

Commerce the nearest grocery store was

75

blocks and today if you go to bed

sty it is booming there's Commerce that

is Flowing out onto the streets

there's a grocery store a Pathmark

grocery store in the

neighborhood and there's lots of

opportunities and lots of role models of

Black and Hispanic businessmen who are

doing very well and who have roots in

that community and who are financing the

little leagues uh who are buying hockey

uniforms and football uniforms for the

kids who are giving uh jobs to people to

children when they work in the summer

and all the things that happen when you

have business within your

community and they now are able to pass

that financial literacy and that

business that acude business knowledge

my father

recognized he was never in business but

his father was in business and he went

to Harvard so he knew many people were

in business and if he wanted to start a

business it would be a simple thing he'd

pick up the phone and ask questions of

his friends

but if you lived in that Community you

didn't have access to that kind of

knowledge and my father one of the

important things that my father did in

restoring that community and what we did

what I worked on for 40 years is to make

sure there was financial literacy in

that community and the outcome of that

has been extraordinary the the you know

business is booming today and bedy and

it's become the anchor the financial

anchor for all of

Brooklyn I I love that that's so

powerful and so true and that's part of

what we do here in our mission to

educate and empower the Latino community

so that they learn and they get into

business and finance so let's switch to

inflation inflation has affected many

Americans tremendously especially in the

last few years um if you were elected

president today what is your plan to

address

that uh I mean inflation is a is a

product of printing

money um and then and and inflation is

actually a tax on the poor it's a way of

devaluating your bank account

devaluating your salary devaluating your

SEC your fixed

income and that money is shifted upward

to the super rich and we saw during

covid when President Trump and President

Biden locked down our country for 500

Days they not only bankrupted the middle

class in this country they clo 41% of

blackowned businesses will never reopen

they closed 3.3 million

businesses they left open the big

businesses they left open Walmart they

left open Amazon but the small

businesses that enrich our community

that are the basis of the American

experiment experience American democracy

were all locked down 41% of blackowned

businesses will never reopen and many of

these had three generations of equity in

them and but not only did it hurt the

middle class but it enriched the super

rich so there was a shift in wealth the

largest in American history of $4

trillion doll during that 500 day

lockdown president Trump and President

Biden upward to a new oligarchy

billionaires we created in 500 days we

created 500 new billionaires a

billionaire every day and the money came

directly from the American middle class

and in order to sustain that we had to

print money because nobody was working

nobody was paying

taxes and all of these new costs were

imposed on the government so president

Trump during his short four years

president Trump when he came into office

promised that he was going to run

America like a business he said he was

going to balance the budget instead he

he ran up the biggest debt in the

history of our country he spent $8

trillion in four years it's more he

spent more money in those four years

than every president combined from

George Washington to George W bush 283

years of History President Biden in his

three and a half years is rushing to

catch up with him President Biden is

adding to the debt one trillion every

990

days our national debt is now $34

trillion we spend more just servicing

that debt paying the interest on that

debt than our entire military

budget within five years every dollar

that we collect in

taxes is going to go to Sur 50 cents out

of every dollar we spend at taxes is

going to go to servicing the debt in 10

years 100%

of every dollar that we collect in taxes

will go to the debt it's not

sustainable and the way that we're

paying for that is through inflation

which is just a way of taxing the

poor the one of the largest cost is

war um war is uh War requires us to

print money and in fact fiat currency

which is paper currency was

invented precisely to Finance

Wars if we didn't have paper currency if

we just had gold or silver we wouldn't

have wars because nobody would put up

with the politicians would have to come

to us

first and say I'm going to do a war in

Iraq against Saddam Hussein who never

did anything bad to the United

States and we're going to spend $4

trillion doll on that war and you're not

going to be able to spend your send your

kids to school and you're not going to

be able to pay for your retirement do

you want to do this

and we'd all say no we don't want to do

it and but they don't have to do that

they can just make the war without even

getting Congress to

approve and then afterward they print

the money and we've spent 8

trillion on these forever Wars over the

past 20 years every one of them the

country we had the war in is worse off

than we found it we have fewer friends

today we around the world Americans are

less

safe the middle class is hollowed out

we're experiencing now we're paying for

those Wars with

inflation and the only way we put an end

to this to inflation ultimately over the

long term is if we end the war machine

we have to wind down the war machine

that's what I'm going to do as President

we have 800 bases around the world China

has one Russia has one and a half all of

those bases are in countries where we're

that are waiting

to start a new war to to continue this

pipeline which helps the military

industrial complex it helps the big

Bankers it helps you know the

pharmaceutical industry and the and some

uh financial

interest they're all disastrous for the

American people oh we need to get our

hands on the cost we need to reduce the

cost of government we need to start

doing that by cutting the military

budget in

half um and we can protect our country

with with half that that's what Eisen

ours budget was during the height of the

Cold

War and we need to also wind down the

chronic disease epidemic because that's

the biggest cost that's costing us 4.3

trillion dollar a year and that's five

times the military budget and we have

the highest health care cost of any

country in the world businesses are

paying $2,000 a month per person for

health care it's bankrupting small

businesses in this country and we have

the sickest population in the world

nobody has a chronic disease like we do

when I was a

boy 6% of Americans had chronic disease

today 60% to and uh today for example

diabetes which affects Hispanic

communities more than any other Hispanic

and American

Indians I um when I was a kid a typical

pediatrician would see one one case of

diabetes in his entire career 50-year

career one

case today a typical pediatrician two

out one out of every three kids who

walks through his office door is

pre-diabetic or diabetic and it's

costing us diabetes alone the

mitochondrial

dysfunction is costing more than our

military budget no other country in the

world has anything like this we we have

more chronic disease here and is

bankrupting our country destroying our

morale it's hurting particularly people

in poor communities communities of color

Latino

Americans and um and and I'm going to

fix that I know how to fix it I'm happy

to talk about exactly what I'm going to

do to fix it and I'm going to fix it

quickly we need to drop these

expenditures is the only way ultimately

that we can get our hands on the problem

of inflation

[Applause]

very powerful I think we've all realized

how crucial it is to reduce spending

that is taking us nowhere good so we

would love to know what Legacy do you

hope to leave behind how do you want to

be remembered I know if you supported

cryptocurrencies support investment

education how exactly would you like to

be remember would I like to be

remembered yes what Legacy we like you

mean a political Legacy yeah in general

General I think we've seen not only

we've seen the

deterioration of a loss of Hope in our

country and in

2013 um there was a poll taken of

Americans I think it was

Gallup of Young Americans under 35 years

old and they were asked are you proud of

the United States of

America and 85% said yes the same poll

taken five months ago only 18% said yes

so somehow in the administrations of the

last two president an entire generation

of Americans has lost their pride in our

country and they've lost their faith in

their own

Futures we have a generation of kids who

is not going to get who are not going to

get into homes who will never buy a home

the central promise of the American

dream when I was a kid was that if you

worked hard if you played by the roles

that you could buy a home you could

finance a home you could take a summer

vacation you could raise your family and

you could put something aside for

retirement on one

job there's nobody in this upcoming

generation who believes that that

promise applies to them I have seven

children one of them is 39 and he has a

house the younger six siblings they they

all went to the best schools in our

country they have um they have great

jobs they have great friendships and

none of them believes that they're going

to be able to afford a home when I was

their age I was looking to buy a home

already but none of them believes that

they are going to be able to get in the

home the price of housing in this

country

has doubled over the past year it's gone

from about 200,000 to over 400,000 and

the interest rates have G on up have

also doubled and that means that home is

costing you four or five times what what

it was a year and a half ago and there

are many reasons for that but one of the

main reasons is you have these giant

companies Black Rock State Street

Vanguard Fidelity that those three

companies own

88% of the S&P

500 they own our economy and now they're

trying to buy all of our land and all of

our single family homes last year almost

30% of new homes purchases were uh were

investment houses and individuals can't

buy them anymore and probably a lot of

you have had the experience of knowing

somebody who's about to buy a home and

at the last minute uh a somebody else

comes in with a cash offer 20% over the

asking price and snatches it off the

market and if you ask who was this

person who just took my

home it turns out to be an LLC with an

ambiguous name and if you pull the

strings and follow who is this really it

turn it leads you to Black Rock State

Street Vanguard Fidelity these big

companies that are now owning us and

we're turning from an ownership Society

into a rental society and when we do

that we go from being the

citizens to being the

subjects home ownersh is so

important it's important because if you

own a home you care about your community

you care about your police your

firefighters your

teachers you you go to the the PTA

meetings you go to uh you you you care

about your neighbors you care about the

appearance of your

home and it Roots Us in communities but

more importantly you have access to

Capital because if you own a home you

can take a second mortgage and then if

you do have an entrepreneurial impulse

you can borrow that money you can bet

your home on it and you can build a yoga

studio or a sporting goods store or a or

a bar or a um a bowling alley or

whatever it is and and or a

restaurant and you know this is

traditionally What Hispanic Americans

have done they start a small Boda or a

little restaurant and it's the Gateway

and they build themselves a

future well if you don't own Capital you

don't own Equity you will not have

access the capital and that's what's

happening to our country now where the

capital and Equity is being stripped

from the American middle class and sent

upward and it's being Stripped by a

series of mechanisms that are deliberate

and

systematic that are pumping wealth

upward to create a new oligarchy and you

know I visited every nation in Latin

America during my lifetime and when I

was young you know all of these

countries were tremendously unstable why

were they politically unstable because

they had terrible economic

stratification they had poor people at

the bottom and then they had and they

had you know widespread poverty at the

bottom and they had a a rich wealthy

oligarchs

above and US foreign policy

was to look at the poor people as

potentially

Communists and put all the money into

keeping these military hunters and and

dictators in place and keeping the

oligarchy at the top and there's a

there's a wonderful Peruvian Economist

whose name is arando

DeSoto and he said he looked at you know

he you look at this configuration of

stratifi stratified configuration if you

have rich people above and a lot of poor

people below it can't support democracy

very long on countries like Bolivia

where it was really extreme you'd have

100 couet Tas in in 120 years and it

can't support democracy

because

the the job of one political party is to

protect the prerogatives and the

privilege of the Rich and then and they

have to nobody's going to vote to make

the rich richer

so in order to get the vote they have to

lie to people they have to fix elections

they have to deceive they have to

intimidate people and you start getting

a very violent

society and people below feel like

they're being robbed which they

are and so it gets more and more violent

and herand doo said the cure for that

and the reason for that in Latin America

is because it's very very hard to get

Land Title in Latin America there's laws

that make the

title um very

uncertain and most countries you can own

land but you cannot get title that you

can go borrow money on and what he said

is the solution to poverty in Latin

America is to make it easier for people

to get titled to their land so um I you

know I believe that I believe both

foreign policy and our domestic policy

should be rooted in trying to get people

land ownership and trying to build the

middle class when my my uncle went in

1962 he went to

Colombia and he was there with Yas Karu

and Colombia had just come out of a a um

time called lav

alencia 200,000 Colombians had died in

violence of the kind that I for exactly

the reason I talked about it was a rich

class and a poor class and they were at

war with each other two 200,000 people

died and yis Karo came in my uncle

traveled a lot of times when he was

President Kennedy traveled many many

times abroad when he was president but

he said that his the Statesman and he

had met this smortest people in the

world he met Charles deal in France he

met aan de Valera who was the George

Washington of Ireland who he

loved but of all the state leaders that

they met the one they admired

him and his wife Jackie Kennedy was yis

kargo in Colombia they thought he was

the smartest um uh the most Visionary

leader that they had

met and there were 2 million people in

the Central

Plaza in bog who who came to greet my

uncle and yis Karo said do you know why

they love you and my uncle said why and

he said because they think you put

America on the side of the

poor my uncle made a resolution when he

came into president he was asked by his

best friend Ben

Bradley what do you want on your

gravestone and he told Ben Bradley he

kept the

peace he said the primary job of a

president the United States is to keep

the country out of

War he said he didn't want children in

Latin America and Africa when they heard

United States of America to think of a

man with a

gun he wanted to to think of a peace SC

volunteer he wanted them to

think of the alliance for progress of

usaid which he created those programs to

rebuild the middle class and today and

he kept our country out of War he kept

it out of Laos he kept it out of he

never sent a combat troop to Vietnam he

kept it out of Germany he kept it out of

Cuba and today there are more statues to

John Kennedy in Africa Asia and Latin

America and any

more boulevards named after more

neighborhoods universities colleges than

any other president probably more than

all the US presidents combined because

people wanted America to be on the side

of the war but be on the side of the

poor and to be on the side of peace and

I want to restore that moral authority

to our country I want to restore that

real leadership to our country the

effective leadership the respect that

people had one time for our country

around the world

and in this country we need to start by

restoring the middle class and that

means getting every American into a

home absolutely we need a strong middle

class because one of the major issues in

Latin America is that there's really no

middle class you're either doing really

well or you very poor and I think the

wonderful thing and the main reason why

we come to America as immigrants is

because there's a strong middle class

and we'll have a shot to have a decent

GL

so Mr Kennedy I want to thank you so

much for coming here for your valuable

time and I just wanted to say that it's

very inspiring to see such an

influential leader like you come here

play full out do whatever it takes to

support our community with your message

it really speaks volumes and we're very

much grateful so thank you so much thank

you very

much Simply the Best

tell