Newt: Blacks And Latinos Don’t Fully Understand “The Key To Future Wealth”
Handwritten notes from when Newt Gingrich was House Speaker show a racial breakdown of how he views the ability of minorities to assume entrepreneurship.
In 1993, at the height of his career in Congress, Gingrich wrote a speech in which he accused Latinos and African Americans of not knowing the “keys to future wealth.” He said that Asians have a “thorough understanding of wealth.”
“For poor minorities, entrepreneurship in small business is the key to future wealth,” Gingrich wrote by hand in a first draft. “This is understood thoroughly by most of the Asians, partially by Latinos, and to a tragically small degree by much of the American black community.”
The handwritten draft — which never made it to the podium because his handlers rewrote the speech — was one of thousands of notes that were part of the former House speaker’s Ethics Committee investigation, which was settled in 1997.Click here for reuse options!
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