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Robert F. Kennedy Jr. on Corporations |
KENNEDY: Yeah, but I mean, that's not the only thing I want to do. I have a number of common sense programs that will begin restoring the middle class in this country.
Q: OK, what's another one?
KENNEDY: Well, one of the reasons that the price of housing has gone up and nobody can get a house anymore, people make an offer on a house and then somebody comes in with a cash offer-- they're big institutions like BlackRock, Vanguard, State Street.
Q: Buying up hundreds of thousands of homes?
KENNEDY: Right. They're targeting single family homes. They're competing with our kids, and they have these big bank books so the cost of money and mortgages to them is minuscule. And our kids have to compete with them.
Q: Well, what do we do about it?
KENNEDY: You change the tax code to make it more difficult for large corporations to accumulate thousands of houses.
"My primary platform is to cut the costs on the military," Kennedy said on the show. "Again, what we were told was a peace dividend after the collapse of the Soviet Union. We were going to cut our military budget from about $600 billion a year to $200 billion a year."
On his website, Kennedy lists rebuilding industrial infrastructure "ruined by forty years of off-shoring" among his top priorities, alongside "government assistance to the nation's most vulnerable."