hemispheric relations. 50 years ago, president kennedy launched the alliance for progress, pledging that the united states would join with latin american leaders to address head-on a development challenge that was, as he put it, staggering in its dimensions. he understood that our failure to tackle poverty and inequality in latin america could tear the social fabric and undercut democracy's prospects throughout the hemisphere. president kennedy announced the alliance here in washington to an audience of latin american ambassadors at the white house. president obama will mark this anniversary in latin america. i think that is fitting. too few americans have noticed that something remarkable has been happening in the region. there are, of course, plenty of challenges and they often hog the headlines. transnational crime, poverty, inadequate education, and so on. those are challenges that apply in many cases, including in our own country. but the real story of latin america today runs in a very different direction. it is a story of political transition and a broad commitment to democratic development, a story of pragmatic leaders who help