Newt: Blacks And Latinos Don’t Fully Understand “The Key To Future Wealth”

Posted by | January 25, 2012 13:03 | Filed under: Top Stories

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.

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Copyright 2012 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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