Ted Kennedy speaking at Macalester College

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Edward “Teddy” Kennedy, Democratic presidential candidate, speaking at Macalester College. Kennedy addresses his candidacy and his reasons for opposing President Jimmy Carter.

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I'm proud to come to this state and this college the home where Hubert Humphrey lived in the school where he taught twice. Was Maya friend and I enjoyed working with him in the United States Senate and when he came back to the Senate from McCallister in 1970. Your loss was the game for the United States Senate and for the country. I have another very good friend from Minnesota and alumnus of McAlester vice president Fritz Mondale. Oh, wait, just a minute. Call Fritz has said a few critical things about me recently. But I don't mind he doesn't really mean. And I like Fritz Mondale, but the sort of job he has to do today is one reason. I would never want to be Vice President of the United States. I was told I was told earlier today that there wouldn't be anyone left in Minnesota because everyone was invited to the White House. That's true the members of the Dead FL as we're all invited to Washington for a day at the White House. Well, don't feel badly. I wasn't invited either. Last week in Boston. I announced my candidacy for the presidency of the United States and I'm here this evening. I am here this evening. Running for that high office because I am concerned about the confused direction of our country President Carter off and talks about how difficult is job is any claims that as president? He tackles the tough issues. The problem is he's missing most of those tackles. this nation This nation is tired of standing still this nation is ready to advance and this nation does not want to retreat. I reject the view that doing badly is the best that we can do how dare anyone tell us that we must lower the Horizon for our future that mediocrity stagnation and decline are the destiny of our nation. The work of the young in the great contest of the last generation proves that the system can be made to move and to work the young did not talk about malaise in the early 1960s. They marched for Equal Opportunity. They sang We Shall Overcome and they did. And it was the young. Who was the conscience of the nation during the indo-china war they became the army of peace. They Enlisted the people. They Enlisted the people and the Congress in their cause and together we ended that war. At the dawn of this ticket, it was the young who demanded protection of the environment and equal rights for women. They reminded us. they reminded us to love this land and they help to teach the truth that America had not only founding fathers but founding mothers to less than a dozen years ago. Young people could be drafted and die in their country service, but they could not vote for their countries leaders. I worked hard to change that and we succeeded and lowering the voting age to 18 and I believe that those who are old enough to fight are old enough to vote. now it is your time as individuals to try and make a difference. You must not become a silent generation is Oliver Wendell Holmes once said we must share the action and passion of our time at the Peril of being judged not to have lived yet today the sounds we hear from the White House are not the sounds of leadership but of uncertainty and retrieve the president accuses the people of malaise. But our problem now is mismanagement not malaise. What we have is not amylase among the American people, but I'm allays at the highest levels of national leadership. I have fundamental differences with President Carter on many critical issues. On energy. The president has asked for sacrifice. Now, we all want an energy policy but the administration's policy is unfair. It tells consumers to tighten their belts why it lets the oil companies grow fat with the prophets of take control. We can seek new sources of energy without rushing to a nuclear future that may threaten the future itself. And we can tap the full potential of our agricultural abundance by fulfilling the promise of gasohol and we can also tap the most plentiful resource of all by harnessing the energy of the Sun. In Washington, the Senate has just begun debating the windfall profits tax tomorrow. I intend to offer an amendment to ensure that at least 50% of the windfall profits resulting from decontrol are captured for the public Treasury and to return the additional revenues to the public in the form of reductions in the Social Security tax. The president however has refused to take a stand. He is left room to sign any text that Congress sends him so that he can declare a victory regardless of how weak that tax maybe and that is not a big tree that any Democratic president should claim the Wind full profits tax should be more than just a fig Leaf over the oil industry's enormous profits. in many ways the Administration has failed to reduce our dependence on OPEC oil. We should always be willing to be a partner with any Nation. But let us resolve that never again. Shall we become a victim and never again? Shall we be Beggars at the OPEC banquet table? I also Fundamentally differ with President Carter on the issue of healthcare. I stand for a program of universal Comprehensive Health Insurance. We had a candidate in 1976 who pledged to stand with us, but now that he's president that played slice broken and forgotten he made the promise, but it was a promise we could not depend upon. Now the administration says we have to wait and wait years and years for a piece meal plan that will do less and cause the people more but America should not be the only industrial nation in the world except South Africa that fails to provide health insurance for its people. Let us resolve. that never again shall serious illness be aggravated by the fear of financial ruin and let us resolve now in this campaign to free every American from that fear and I And I differed sharply with President Carter on the issue of the economy. The president has lost the war we have to win the war against inflation when he took office. Yes he has When is the office? Where they took office in 1977 prices were Rising less than 5% a year today. The rate is tripled and interest rates are just as high they let inflation get away from them and by his decision to decontrol oil prices. The present is also guaranteed that inflation will race ahead for years to come. In fact according to the figures decontrol will cost Minnesota 10 billion dollars in the next ticket and that is a price that the people of Minnesota should not have to pay. The president has Harry Truman told slogan on his desk the buck stops here. The sad truth. Is that the buck not only stops where it actually shrinks there. You know the story of this administration's Economic Policy first the president turn the fight against inflation over the Robert Strauss then he turned it on the Alfred Kahn. He turned energy policy over to James Schlessinger. He even gave him a whole new cabinet agency with a budget of 11 billion dollars of your taxpayers money and thousands of employees. And now he has left the job of fighting inflation to Paul volcker who has given us the highest interest rates since the Civil War there. They are the four horsemen of our following economy. Poker Schlessinger. Now Volker maybe a very nice man and Mister Kana Mister spouse and even miss his messenger may be very nice man. But none of them were elected president of United States. Jimmy Carter was The president has adopted the old Republican economic policies and they didn't work for William McKinley and they didn't work for Herbert Hoover or Richard Nixon and they haven't worked for Jimmy Carter. And it is time to end 12 years of Republican Rule and put a real Democrat in the white house again. In this difficult complex. America cannot afford a passive President. We cannot afford leadership of little vision and diminishing Authority in 1976. We heard a candidate tell us that we were good compassionate loving decent people now as president. He blames the people for his problem. He calls us greedy selfish wasteful and materialistic, but our problem is not the people the problem is her leadership. And the time has come to change it. The time is come to roll up our sleeves and get the job done. I believe this country can do better and I believe we can make America great again. The time is short. Give me your help and we can be successful. We will win the nomination in the election and we will provide and prove the promise of America can still be kept the journey in this election. And the journey of our generation will be difficult, but it'll be no more difficult than others made before us the poet asks and answers. Our question is the goal so far away how far we cannot say but let us dream our Dream today and in 1980, let us be on our way.

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