Kennedy’s old man made his money (bigtime) during the time when alcohol was banned (had an underground system)....the Kennedy’s have been made out (by the press) to be royalty....and we’re sick of it! It’s all been a sham...
He had plenty of cash before Prohabition. Most of it was made on Wall Street when he was manipulating stocks to a degree that would have made Bernie Maddof blush. He got out of the market before the Great Crash of '29 with millions and then invested in oil, Hollywood (RKO Studios), big time real estate and who knows what else. (Yes, booze too)
The old man was a rotten SOB, but he was a savvy investor and the proof of that is a low life like Patches who "Never worked a day in my life" is sitting in Congress" (still not working) living like a damn king from money his Grandfather made 80 years ago. And even a bum like Patches can't out spent his trust fund.
Shows how well the Inheratince Tax works on the Super Rich. That tax only impacts the semi rich.
“the Kennedy’s have been made out (by the press) to be royalty....and we’re sick of it! It’s all been a sham...”
*including* the RAT press.
Joe was a great stock manipulator too plus he had the movie studio and booze. They manipulated the crash just like.....2008... gave FDR’s tyranny...which someone else is following the same play book.
Joe Kennedy was the head or RKO and MGM studios at the same time. He may have been ruthless and unprincipled but he was a fantastic businessman.
You forgot too that Old Man Kennedy got his money out of the stock market about 1 week before the 1929 crash...can you say insider trading?