Great video. What an inspiring leader, talking about freedom and liberty and how, if we lose freedom in the U.S., there is nowhere else on earth for people to escape to. You never hear about these ideals any more in political discourse and we are much poorer for it. Of course, in 1964 Reagan was speaking to an educated electorate that deeply cherished those ideals.
By the way, you posted an incorrect link. Here's the correct link: Ronald Reagan Speech 1964.