|Joseph P. Kennedy Sr.|
|United States Ambassador to the United Kingdom|
March 8, 1938 – October 22, 1940
|President||Franklin D. Roosevelt|
|Preceded by||Robert Worth Bingham|
|Succeeded by||John G. Winant|
|1st Chair of the U.S. Maritime Commission|
April 14, 1937 – February 19, 1938
|President||Franklin D. Roosevelt|
|Preceded by||Position established|
|Succeeded by||Emory S. Land|
|1st Chair of the U.S. Securities and Exchange Commission|
June 30, 1934 – September 23, 1935
|President||Franklin D. Roosevelt|
|Preceded by||Position established|
|Succeeded by||James M. Landis|
Joseph Patrick Kennedy|
September 6, 1888
Boston, Massachusetts, U.S.
November 18, 1969 (aged 81)|
Hyannis Port, Massachusetts, U.S.
|Resting place||Holyhood Cemetery|
Rose Fitzgerald ( m. 1914)
P. J. Kennedy|
Mary Augusta Hickey
|Relatives||See Kennedy family|
|Education||Harvard University ( BA)|
Joseph Patrick Kennedy (September 6, 1888 – November 18, 1969) was an American businessman, investor, and politician known for his high-profile positions in United States politics. Kennedy was married to Rose Kennedy, and three of their nine children attained distinguished political positions: President John F. Kennedy (1917–1963), Attorney General and Senator Robert F. Kennedy (1925–1968), and longtime Senator Edward M. "Ted" Kennedy (1932–2009). He was a leading member of the Democratic Party and of the Irish Catholic community. President Franklin D. Roosevelt appointed Kennedy to be the first chairman of the U.S. Securities and Exchange Commission (SEC), and he later directed the Maritime Commission. Kennedy served as the United States Ambassador to the United Kingdom from 1938 until late 1940, when he annoyed Roosevelt by his pessimism about Britain's survival.
Kennedy was born to a political family in East Boston, Massachusetts. He embarked on a career in business and investing. He first made a large fortune as a stock market and commodity investor. Kennedy later rolled over his profits by investing in real estate and a wide range of business industries across the United States. During World War I, he was an assistant general manager of a Boston area Bethlehem Steel shipyard, through which he became acquainted with Franklin D. Roosevelt, who was the Assistant Secretary of the Navy. In the 1920s, Kennedy made huge profits by reorganizing and refinancing several Hollywood studios; several acquisitions were ultimately merged into Radio-Keith-Orpheum (RKO) studios. 
Kennedy grew his fortune with distribution rights for Scotch whisky. His company, Somerset Importers, became the exclusive American agent for Gordon's Gin and Dewar's Scotch. In addition, Kennedy purchased spirits-importation rights from Schenley Industries, a firm in Canada.  He owned the largest office building in the country, Chicago's Merchandise Mart, which gave his family an important base in that city and an alliance with the Irish-American political leadership there.
Kennedy's term as ambassador and his political ambitions ended abruptly during the Battle of Britain in November 1940, with the publishing of his controversial remarks suggesting that "Democracy is finished in England. It may be here, [in the US]."  Kennedy resigned under pressure shortly afterward. In later years, he worked behind the scenes to continue building the financial and political fortunes of the Kennedy family. After a disabling stroke in 1961, during his son's presidency, Kennedy developed aphasia and lost all power of speech but remained mentally intact. He was confined to a wheelchair until his death in 1969.
- 1 Background and education
- 2 Marriage and family
- 3 Business career
- 4 SEC Chairman (1934–1935)
- 5 Relationship with Father Charles Coughlin
- 6 Ambassador to the United Kingdom (1938–1940)
- 7 Reduced influence
- 8 Political alliances
- 9 Illness and death
- 10 In popular culture
- 11 See also
- 12 References
- 13 Bibliography
- 14 External links
Joseph Patrick Kennedy was born in 1888 in Boston, Massachusetts. He was the elder son of Mary Augusta Kennedy (Hickey) and businessman and politician Patrick Joseph "P.J." Kennedy. He had a younger brother, Francis (who died young), and two younger sisters, Mary and Margaret. All four of Joe's grandparents had immigrated to Massachusetts in the 1840s to escape the Irish famine. He was born into a highly sectarian society, where Irish Catholics were excluded by upper-class Boston Brahmins. Boston Irish thus became active in the Democratic Party, which included P.J. and numerous relatives. P.J. Kennedy was an accomplished businessman. A successful saloon business, investment ventures, and an influential role in local politics enabled him to provide a comfortable lifestyle for his family. His mother encouraged Joe to attend the Boston Latin School, where Kennedy was a below average scholar but was popular among his classmates, winning election as class president and playing on the school baseball team.
Kennedy followed in the footsteps of older cousins by attending Harvard College. He focused on becoming a social leader, working energetically to gain admittance to the prestigious Hasty Pudding Club. While at Harvard he joined the Delta Upsilon International fraternity and played on the baseball team, but he was blackballed from the Porcellian Club.
On October 7, 1914, Kennedy married Rose Elizabeth Fitzgerald, the eldest daughter of Boston Mayor John F. "Honey Fitz" Fitzgerald (political rival of P. J.) and Mary Josephine "Josie" Hannon. The marriage joined two of the city's most prominent political families.
|Name||Birth||Death||Marriage and children|
|Joseph Patrick "Joe" Kennedy Jr.||July 25, 1915||August 12, 1944||Never married and had no children, but was once engaged to Athalia Ponsell|
|John Fitzgerald "Jack" Kennedy||May 29, 1917||November 22, 1963||Married in 1953, to Jacqueline Lee Bouvier, had four children|
|Rose Marie "Rosemary" Kennedy||September 13, 1918||January 7, 2005||Never married and had no children|
|Kathleen Agnes "Kick" Kennedy||February 20, 1920||May 13, 1948||Married in 1944, to William Cavendish, never had children|
|Eunice Mary Kennedy||July 10, 1921||August 11, 2009||Married in 1953, to Sargent Shriver, had five children|
|Patricia Helen "Pat" Kennedy||May 6, 1924||September 17, 2006||Married in 1954, to English actor Peter Lawford, had four children; divorced in 1966|
|Robert Francis "Bobby" Kennedy||November 20, 1925||June 6, 1968||Married in 1950, to Ethel Skakel, had eleven children|
|Jean Ann Kennedy||February 20, 1928||Married in 1956, to Steven Smith, had two sons and adopted two daughters|
|Edward Moore "Ted" Kennedy||February 22, 1932||August 25, 2009||Married in 1958, to Joan Bennett, had three children; divorced in 1982. Remarried in 1992 to Victoria Reggie; had no children|
Kennedy requested that surgeons perform a lobotomy (one of the earliest in the U.S.) on his eldest daughter Rosemary in 1941. Various reasons for the operation have been given, but it left her permanently incapacitated.   
She died in 2005 at age 86. Rosemary's name "was never mentioned in the house," according to Janet Des Rosiers, Kennedy's secretary and mistress of nine years.  Dr. Bertram S. Brown, director of the National Institute of Mental Health, said later that Joseph called his daughter Rosemary mentally retarded rather than mentally ill in order to protect John's reputation for a presidential run, and that the family's "lack of support for mental illness is part of a lifelong family denial of what was really so".    
Upon graduation from college, Joseph P. Kennedy Sr. pursued a career in business and investing. In his mid- to late 20s, he made a large fortune as a stock market and commodity investor; he reinvested in real estate and a wide range of business industries. He did not build a significant business from scratch, but his timing as both buyer and seller was usually excellent. 
Various criminals, such as Frank Costello, have boasted they worked with Kennedy in mysterious bootlegging operations during Prohibition.  Scholars dismiss the claims. The most recent and most thorough biographer David Nasaw asserts that no credible evidence has been found to link Joseph Kennedy to bootlegging activities.  When Fortune magazine published its first list of the richest people in the United States in 1957, it placed Joseph in the $200–400 million group ($1.74 billion–3.49 billion today),   meaning he was somewhere between the ninth and sixteenth richest persons in the United States.
After Kennedy graduated from Harvard in 1912 with a bachelor's degree in economics, he took his first job as a state-employed bank examiner; this allowed him to learn a great deal about the banking industry. In 1913, the Columbia Trust Bank, in which his father held a significant share, was under threat of takeover. Kennedy borrowed $45,000 ($1,114,242 today)  from family and friends and bought back control. At age 25, he was rewarded by being elected the bank's president. Kennedy told the press he was "the youngest" bank president in America. 
Kennedy emerged as a highly successful entrepreneur who had an eye for value. For example, he was real estate investor who turned a handsome profit from ownership of Old Colony Realty Associates, Inc., which bought distressed real estate. 
During World War I, President Woodrow Wilson asked the Intercontinental Rubber Company—owned by Bernard Baruch, J. P. Morgan and Kennedy—to grow guayule. Guayule is a plant that produces latex that can be used to make rubber. Many feared the German navy might blockade rubber shipments from Asia. As a result, Intercontinental established the Continental Farm and the little town of Continental in southeastern Arizona in 1916. The guayule growing operations didn't last and in 1922 the Continental Farm was sold to Queen Wilhelmina of the Netherlands, who rented the fields to cotton farmers for several years. 
Although he was skeptical of American involvement in the war, Kennedy sought to participate in war-time production as an assistant general manager of Fore River a major Bethlehem Steel shipyard in Quincy, Massachusetts. There he oversaw the production of transports and warships. Through this job, he became acquainted with Assistant Secretary of the Navy, Franklin Delano Roosevelt.
In 1919, Kennedy joined the prominent stock brokerage firm of Hayden, Stone & Co. where he became an expert dealing in the unregulated stock market of the day, engaging in tactics that were later considered to be insider trading and market manipulation. He happened to be on the corner of Wall and Broad Streets at the moment of the Wall Street bombing on September 16, 1920, and was thrown to the ground by the force of the blast.  In 1923, he left Hayden and set up his own investment company. Kennedy subsequently became a multi-millionaire during the bull market of the 1920s and even wealthier as a result of taking " short" positions in 1929.
David M. Kennedy (no relation to this Kennedy), described the Wall Street of the Kennedy era:
[It] was a strikingly information-starved environment. Many firms whose securities were publicly traded published no regular reports or issued reports whose data were so arbitrarily selected and capriciously audited as to be worse than useless. It was this circumstance that had conferred such awesome power on a handful of investment bankers like J. P. Morgan, because they commanded a virtual monopoly of the information necessary for making sound financial decisions. Especially in the secondary markets, where reliable information was all but impossible for the average investor to come by, opportunities abounded for insider manipulation and wildcat speculation.
Kennedy formed alliances with several other Irish-Catholic investors, including Charles E. Mitchell, Michael J. Meehan, and Bernard Smith. He helped establish a "stock pool" to control trading in the stock of glassmaker Libby-Owens-Ford. The arrangement drove up the value of the pool operators' holdings in the stock by using insider information and the public's lack of knowledge. Pool operators would bribe journalists to present information in the most advantageous manner. Pool operators tried to corner a stock and drive the price up, or drive the price down with a " bear raid". Kennedy got into a bidding war for control of Yellow Cab Company. 
Kennedy later claimed he understood that the rampant stock speculation of the late 1920s would lead to a market crash. Supposedly, he said that he knew it was time to get out of the market when he received stock tips from a shoe-shine boy.  Kennedy survived the crash "because he possessed a passion for facts, a complete lack of sentiment and a marvelous sense of timing". 
During the Great Depression, Kennedy vastly increased his fortune by investing most of his money in real estate. In 1929, Kennedy's fortune was estimated to be $4 million (equivalent to $57 million today).  By 1935, his wealth had increased to $180 million (equivalent to $3.21 billion today). 
Kennedy made huge profits from reorganizing and refinancing several Hollywood film studios. Film production in the U.S. was much more decentralized than it is today, with many different movie studios producing film product.[ citation needed] One small studio was Film Booking Offices of America (or FBO), which specialized in Westerns produced cheaply. Its owner was in financial trouble and asked Kennedy to help find a new owner. Kennedy formed his own group of investors and bought it for $1.5 million (about $20.9 million today). 
In March 1926, Kennedy moved to Hollywood to focus on running film studios. At that time, film studios were permitted to own exhibition companies, which were necessary to get their films on local screens. With that in mind, in a hostile buyout, he acquired the Keith-Albee-Orpheum Theaters Corporation (KAO), which had more than 700 vaudeville theaters across the United States that had begun showing movies. He later purchased another production studio called Pathe Exchange, and merged those two entities with Cecil B. DeMille's Producers Distributing Corporation in March 1927.
In August 1928, he unsuccessfully tried to run First National Pictures.  In October 1928, he formally merged his film companies FBO and KAO to form Radio-Keith-Orpheum (RKO) and made a large amount of money in the process. Then, keen to buy the Pantages Theatre chain, which had 63 profitable theaters, Kennedy made an offer of $8 million ($114 million today).  It was declined. He then stopped distributing his movies to Pantages. Still, Alexander Pantages declined to sell. However, when Pantages was later charged and tried for rape, his reputation took a battering and he accepted Kennedy's revised offer of $3.5 million ($49.9 million today).  Pantages, who claimed that Kennedy had "set him up", was later found not guilty at a second trial. The girl who had accused Pantages of rape, Eunice Pringle, confessed on her deathbed that Joseph Kennedy was the mastermind of the plot to frame Pantages. 
Many estimate that Kennedy made over $5 million ($71.3 million today)  from his investments in Hollywood. During his three-year affair with film star Gloria Swanson,  he arranged the financing for her films The Love of Sunya (1927) and the ill-fated Queen Kelly (1928). The duo also used Hollywood's famous "body sculptor", masseuse Sylvia of Hollywood.  Their relationship ended when Swanson discovered that an expensive gift from Joseph had been charged to her account. 
A recurring rumor alleges that he made money in bootlegging illegal liquor during Prohibition. Historians have not found credible evidence of this. On the contrary there is abundant evidence that as the end of prohibition loomed (in 1933), Kennedy invested heavily in Scottish distilleries. As soon as it became legal he imported large shipments of high-priced Scotch and made a large profit. Numerous criminals spread various contradictory "bootlegging" stories, such as Canadian distiller Samuel Bronfman and to New England bootlegger Danny Walsh and his crime syndicate. They did illegally smuggle spirits across the Canada–US border. After Prohibition ended, Bronfman had a bitter rivalry with Kennedy in acquiring North American liquor distribution rights.  At the start of the Franklin Roosevelt administration in March 1933, Kennedy and Congressman James Roosevelt II founded Somerset Importers, an entity that acted as the exclusive American agent for Haig & Haig Scotch, Gordon's Dry Gin and Dewar's Scotch. Kennedy kept his Somerset company for years.  (Kennedy himself drank little alcohol. He so disapproved of what he considered a stereotypical Irish vice that he offered his sons $1,000 to not drink until they turned 21. )
Kennedy invested his profits from alcohol into residential and commercial real estate in New York, the Le Pavillon restaurant, and the Hialeah Park Race Track in Hialeah, Florida. His most important purchase was the largest office building in the country, Chicago's Merchandise Mart, which gave his family a grounding in that city and an alliance with the city's Irish-American political leadership.
In 1932, Kennedy supported Franklin D. Roosevelt in his bid for the Presidency. This was his first major involvement in a national political campaign, and he donated, loaned, and raised a substantial amount of money for the campaign.
In 1934, Congress established the independent Securities and Exchange Commission to end irresponsible market manipulations and dissemination of false information about securities.  In the 21st century, the SEC remains one of the most powerful government agencies. Its predecessor had been ineffective in 1933-34 as part of another agency and the financial market was dying. Roosevelt named Kennedy to head the SEC clean up of Wall Street. The New Deal attracted many of the nation's most talented young lawyers. Roosevelt's brain trust drew up a list of recommended candidates for the SEC chairmanship. Kennedy headed the list, which stated he was, "the best bet for Chairman because of executive ability, knowledge of habits and customs of business to be regulated and ability to moderate different points of view on Commission." 
Kennedy sought out the best lawyers available giving him a hard-driving team with a mission for reform. They included William O. Douglas, and Abe Fortas, both of whom were later named to the Supreme Court.  The SEC had four missions. First and foremost was to restore investor confidence in the securities market which had collapsed on account of its questionability, and the external threats supposedly posed by anti-business elements in the Roosevelt administration. Second, the SEC had to get rid of the penny ante swindles based on false information, fraudulent devices, and get-rich-quick schemes. Thirdly, and much more important than the frauds, the SEC had to end the million-dollar maneuvers in major corporations, whereby insiders with access to much better information about the company knew when to buy or sell their own securities. A crackdown on insider trading was essential. Finally, the SEC had to set up a complex system of registration for all securities sold in America, with a clear set of rules, deadlines and guidelines that all companies had to follow. The main challenge faced by the young lawyers was drafting precise rules. The SEC succeeded in its four missions, as Kennedy reassured the American business community that they would no longer be deceived and taken advantage of by Wall Street. He trumpeted for ordinary investors to return to the market and enable the economy to grow again.  Kennedy's reforming work as SEC Chairman was widely praised on all sides, as investors realized the SEC was protecting their interests. He left the SEC in 1935 to take over the Maritime Commission, which built on his wartime experience in running a major shipyard.
Father Charles Coughlin was an Irish-Canadian priest near Detroit, who became the most prominent Roman Catholic spokesman on political and financial issues in the 1930s, with a radio audience that reached millions every week. Having been a strong supporter of Roosevelt since 1932, in 1934 Coughlin broke with the president, who became a bitter opponent of Coughlin's weekly, anti-communist, anti-Semitic, far-right, anti–Federal Reserve and isolationist radio talks. Roosevelt sent Kennedy and other prominent Irish Catholics to try to tone down Coughlin. 
Coughlin swung his support to Huey Long in 1935 and then to William Lemke's Union Party in 1936. Kennedy strongly supported the New Deal (Father Coughlin believed that the New Deal did not go far enough – indeed that Franklin Roosevelt was a tool of the rich) and reportedly believed as early as 1933 that Coughlin was "becoming a very dangerous proposition" as an opponent of Roosevelt and "an out and out demagogue". In 1936, Kennedy worked with Roosevelt, Bishop Francis Spellman and Cardinal Eugenio Pacelli (later Pope Pius XII) to shut Coughlin down.  When Coughlin returned to the air in 1940, Kennedy continued to battle against his influence among Irish Americans. 
Despite his public disputes with Coughlin, it was also been acknowledged that Kennedy would also accompany Coughlin whenever the priest visited Roosevelt at Hyde Park.  A historian with History News Network also stated that Coughlin was in fact a friend of Kennedy as well.  In a August 16, 1936 Boston Post article, Coughlin referred to Kennedy as the "shining star among the dim 'knights' in the [Roosevelt] Administration." 
In 1938, Roosevelt appointed Kennedy as the United States Ambassador to the Court of St. James's ( UK). Kennedy hugely enjoyed his leadership position in London high society, which stood in stark contrast to his relative outsider status in Boston. On May 6, 1944, his daughter Kathleen married William "Billy" Cavendish, the elder son of the Duke of Devonshire, the head of one of England's most aristocratic families.
Kennedy rejected the belief of Winston Churchill that any compromise with Nazi Germany was impossible. Instead, he supported Prime Minister Neville Chamberlain's policy of appeasement. Throughout 1938, while the Nazi persecution of the Jews in Germany intensified, Kennedy attempted to arrange a meeting with Adolf Hitler.  Shortly before the Nazi bombing of British cities began in September 1940, Kennedy once again sought a personal meeting with Hitler without the approval of the U. S. Department of State, in order to "bring about a better understanding between the United States and Germany". 
Kennedy also argued strongly against providing military and economic aid to the United Kingdom. "Democracy is finished in England. It may be here," he stated in the Boston Sunday Globe of November 10, 1940. With German troops having overrun Poland, Denmark, Norway, Belgium, the Netherlands, Luxembourg, and France, and with daily bombings of Great Britain, Kennedy unambiguously and repeatedly stated that the war was not about saving democracy from National Socialism (Nazism) or from Fascism. In an interview with two newspaper journalists, Louis M. Lyons, of The Boston Globe, and Ralph Coghlan, of the St. Louis Post-Dispatch, Kennedy said:
It's all a question of what we do with the next six months. The whole reason for aiding England is to give us time ... As long as she is in there, we have time to prepare. It isn't that [Britain is] fighting for democracy. That's the bunk. She's fighting for self-preservation, just as we will if it comes to us..... I know more about the European situation than anybody else, and it's up to me to see that the country gets it. 
His views were becoming inconsistent and increasingly isolationist; British MP Josiah Wedgwood, 1st Baron Wedgwood, who had himself opposed the British Government's earlier appeasement policy, said of Kennedy:
We have a rich man, untrained in diplomacy, unlearned in history and politics, who is a great publicity seeker and who apparently is ambitious to be the first Catholic president of the U.S. 
Kennedy told a British reporter in late 1939 that he was confident that Roosevelt would "fall" in 1940. 
In British government circles during the Blitz, Kennedy was widely disparaged as a defeatist. He retreated to the countryside during the bombings of London by German aircraft, at a time when the British Royal Family, Prime Minister, government ministers, and other ambassadors chose to stay in London. (This prompted a member of Britain's Foreign Office to say, "I thought my daffodils were yellow until I met Joe Kennedy.")
When the White House read his quotes it became clear that Kennedy was completely out of step with Roosevelt's policies. Kennedy returned home. Roosevelt urgently needed his support to hold the Catholic vote and invited him to spend the night at the White House. Kennedy agreed to make a nationwide radio speech to advocate Roosevelt's reelection. Roosevelt was pleased with the speech because, Nasaw says, it successfully "rallied reluctant Irish Catholic voters to his side, buttressed his claims that he was not going to take the nation into war, and emphasized that he alone had the experience to lead the nation in these difficult times." After Roosevelt was reelected, Kennedy submitted his resignation as ambassador. 
Throughout the rest of the war, relations between Kennedy and the Roosevelt Administration remained tense, especially when Joe Jr. vocally opposed President Roosevelt's unprecedented nomination for a third term, which began in 1941. Kennedy may have wanted to run for president himself in 1940 or later. Having effectively removed himself from the national stage, Joe Sr. sat out World War II on the sidelines. Kennedy stayed active in the smaller venues of rallying Irish-American and Roman Catholic Democrats to vote for Roosevelt's re-election for a fourth term in 1944. Former Ambassador Kennedy claimed to be eager to help the war effort, but as a result of his previous gaffes, he was neither trusted nor invited to do so. 
Due to his philanthropy and a close friendship with Francis Spellman, Archbishop of New York (later Cardinal), during this time, Joseph Kennedy was invested as a knight of the Sovereign Military Order of Malta, an honor which at that time he shared with just a few dozen Americans.
With his ambitions to achieve the White House no longer viable, Joe Kennedy held out great hope for his eldest son, Joseph P. Kennedy Jr., to seek the presidency. However, Joe Jr., who had become a U.S. Navy bomber pilot, was killed over the English Channel in 1944 while undertaking Operation Anvil, a high-risk, new way to use heavy bombers to strike German weapon sites in France. The intention was to use remote-controlled aircraft from which the pilot had bailed out after a piloted take-off. Joe Jr's bomber exploded before he and his co-pilot could bail out.
After grieving over his dead son, Joe Sr. turned his attention to his second son, John, for a run for the presidency. After serving as a member of the House of Representatives beginning in 1946, and then a U.S. Senator beginning in 1952, the younger Kennedy entered the Presidential election in 1960, and won it.
According to Harvey Klemmer, who served as one of Kennedy's embassy aides, Kennedy habitually referred to Jews as " kikes or sheenies". Kennedy allegedly told Klemmer that "[some] individual Jews are all right, Harvey, but as a race they stink. They spoil everything they touch."  When Klemmer returned from a trip to Germany and reported the pattern of vandalism and assaults on Jews by Nazis, Kennedy responded, "Well, they brought it on themselves." 
On June 13, 1938, Kennedy met with Herbert von Dirksen, the German ambassador to the United Kingdom, in London, who claimed upon his return to Berlin that Kennedy had told him that "it was not so much the fact that we want to get rid of the Jews that was so harmful to us, but rather the loud clamor with which we accompanied this purpose. [Kennedy] himself fully understood our Jewish policy."  Kennedy's main concern with such violent acts against German Jews as Kristallnacht was that they generated bad publicity in the West for the Nazi regime, a concern that he communicated in a letter to Charles Lindbergh. 
As fiercely anti-Communist as they were anti-Semitic, Kennedy and Astor looked upon Adolf Hitler as a welcome solution to both of these "world problems" (Nancy's phrase)..... Kennedy replied that he expected the "Jew media" in the United States to become a problem, that "Jewish pundits in New York and Los Angeles" were already making noises contrived to "set a match to the fuse of the world". 
By August 1940, Kennedy worried that a third term for President Roosevelt would mean war. As Leamer reports, "Joe believed that Roosevelt, Churchill, the Jews, and their allies would manipulate America into approaching Armageddon."  Nevertheless, Kennedy supported Roosevelt's third term in return for Roosevelt's promise to support Joseph Kennedy Jr. in a run for Governor of Massachusetts in 1942.  However, even during the darkest months of World War II, Kennedy remained "more wary of" prominent American Jews, such as Associate Justice Felix Frankfurter, than he was of Hitler. 
Kennedy told the reporter Joe Dinneen:
It is true that I have a low opinion of some Jews in public office and in private life. That does not mean that I..... believe they should be wiped off the face of the Earth..... Jews who take an unfair advantage of the fact that theirs is a persecuted race do not help much..... Publicizing unjust attacks upon the Jews may help to cure the injustice, but continually publicizing the whole problem only serves to keep it alive in the public mind.
Kennedy used his wealth and connections to build a national network of supporters that became the base for his sons' political careers. He especially concentrated on the Irish American community in large cities, particularly Boston, New York, Chicago, Pittsburgh and several New Jersey cities.  Kennedy also used Arthur Krock of The New York Times, America's most influential political columnist, for decades as a paid speechwriter and political advisor. 
A political conservative ( John F. Kennedy once described his father as being to "the right of Herbert Hoover"),  Kennedy supported Richard Nixon, who had entered Congress with John in 1947. In 1960 Kennedy approached Nixon, praised his anti-Communism, and said "Dick, if my boy can't make it, I'm for you" for the presidential election that year. 
Kennedy's close ties with Republican (GOP) Senator Joseph McCarthy strengthened his family's position among Irish Catholics, but weakened it among liberals who strongly opposed McCarthy. Even before McCarthy became famous in 1950, Kennedy had forged close ties with the Republican Senator. Kennedy often brought him to his family compound at Hyannis Port as a weekend house guest in the late 1940s. McCarthy at one point dated Patricia Kennedy. 
When McCarthy became a dominant voice of anti-Communism starting in 1950, Kennedy contributed thousands of dollars to McCarthy, and became one of his major supporters. In the Senate race of 1952, Kennedy apparently worked a deal so that McCarthy, a Republican, would not make campaign speeches for the GOP ticket in Massachusetts. In return, Congressman John F. Kennedy, running for the Senate seat, would not give any anti-McCarthy speeches that his liberal supporters wanted to hear. 
At Kennedy's urging in 1953, McCarthy hired Robert Kennedy (age 27) as a senior staff member of the Senate's investigations subcommittee, which McCarthy chaired. In 1954, when the Senate was threatening to condemn McCarthy, Senator John Kennedy faced a dilemma. "How could I demand that Joe McCarthy be censured for things he did when my own brother was on his staff?" asked JFK. 
By 1954 Robert F. Kennedy and McCarthy's chief aide Roy Cohn had had a falling out, and Robert no longer worked for McCarthy. John Kennedy had a speech drafted calling for the censure of McCarthy but he never delivered it. When the Senate voted to censure McCarthy on December 2, 1954, Senator Kennedy was in the hospital and never indicated how he would cast his vote. Joe Kennedy strongly supported McCarthy to the end. 
Kennedy wanted his eldest son, Joe Jr., to become president, but after Joe Jr.'s death in August 1944, he became determined to make his second son, John, president.
Kennedy was consigned to the political shadows after his remarks during World War II ("Democracy is finished"), and he remained an intensely controversial figure among U.S. citizens because of his suspect business credentials, his Roman Catholicism, his opposition to Roosevelt's foreign policy, and his support for Joseph McCarthy. As a result, his presence in John F. Kennedy's presidential campaign had to be downplayed.
However, Kennedy still drove the campaign behind the scenes. He played a central role in planning strategy, fundraising, and coalition and alliance building. Kennedy almost oversaw the entire operation, supervising spending, helping to select advertising agencies, phoning local and state party leaders, newsmen, and business leaders.
Kennedy connections and influence were turned directly into political capital for the senatorial and presidential campaigns of sons John, Robert and Ted. Historian Richard J. Whalen describes Kennedy's influence on John Kennedy's policy decisions in his biography of Joe. Joe was influential in creating the Kennedy Cabinet (Robert Kennedy as Attorney General although he had never argued or tried a case, for example).  However, in 1961, Joe Kennedy suffered a stroke that placed even more limitations on his influence in his sons' political careers. Kennedy expanded the Kennedy Compound, which continues as a major center of family get-togethers.
When John Kennedy was asked about the level of involvement and influence that his father had held in his razor-thin presidential victory over Richard Nixon, he would joke that on the eve before the election his father had asked him the exact number of votes he would need to win: there was no way he was paying "for a landslide". Kennedy was one of four fathers (the other three being George Tryon Harding, Nathaniel Fillmore, and George Herbert Walker Bush) to live through the entire presidency of a son. 
On December 19, 1961, Kennedy suffered a stroke at age 73. He survived but was left paralyzed on his right side. Thereafter, he suffered from aphasia, which severely affected his ability to speak. He remained mentally alert, regained certain functions with therapy, and began walking with a cane. His speech also showed some improvement.  Kennedy began to experience excessive muscular weakness, which eventually required him to use a wheelchair. In 1964, Kennedy was taken to The Institutes for the Achievement of Human Potential in Philadelphia, a medical and rehabilitative center for those who have experienced brain injury. 
Kennedy's son Robert was assassinated on June 5, 1968. In the aftermath of his son's death, Kennedy made his last public appearance when he, his wife, and son Ted made a filmed message to the country. He died at home in Hyannis Port the following year on November 18, 1969. He had outlived three of his four sons and one of his five daughters. He was buried at Holyhood Cemetery in Brookline, Massachusetts. Kennedy's widow, Rose, was buried next to him following her death in 1995, as was their daughter, Rosemary, in 2005.
Kennedy plays a significant role as a character in Winston's War, Michael Dobbs' fictionalized account of the rise of Winston Churchill. In Richard Condon's thriller Winter Kills, Pa Keegan is a fictionalized version of Kennedy and is portrayed by John Huston in the film version of that novel.
In the alternate history novel Fatherland by Robert Harris set in 1964, the senior Kennedy—not his son John F. Kennedy—is president of the United States and about to arrive in Berlin to conclude a treaty with Adolf Hitler.
Kennedy has been portrayed by:
- Stephen Elliott in the 1977 movie Young Joe, the Forgotten Kennedy,
- E. G. Marshall in the 1983 miniseries Kennedy,
- Lloyd Nolan in the 1985 film Prince Jack
- Barry Morse in the 1987 miniseries Hoover vs. The Kennedys
- William Petersen in the 1990 miniseries The Kennedys of Massachusetts,
- Josef Sommer in the second episode "The Kennedy Years" of the 1991 miniseries A Woman Named Jackie
- Terry Kinney in the 1993 TV miniseries JFK: Reckless Youth,
- Jan Kohout in the 1994 TV movie Fatherland, 
- Irish actor Dan O'Herlihy in the 1998 movie The Rat Pack,
- Tom Skerritt in the 2000 TV movie Jackie Bouvier Kennedy Onassis,
- Tom Wilkinson in the 2011 miniseries The Kennedys.
- William Hope in the 2012 Upstairs, Downstairs episode "The Love That Pays the Price".
- Matt Letscher in the HBO series Boardwalk Empire.
- Tom Wilkinson in the 2017 miniseries The Kennedys: After Camelot.
- Bruce Dern in the 2017 film Chappaquiddick.
- Richard J. Whalen, The Founding Father, 1964.
- Boston Sunday Globe, November 10, 1940.
- "Honorary Degrees Awarded by Oglethorpe University". Oglethorpe University. Archived from the original on 2015-03-19. Retrieved 2015-03-23.
- Block, Jennie Weiss (2002). Copious hosting: a theology of access for people with disabilities. Continuum International Publishing Group. p. 56.
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