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Back now live at the Vatican City the crowds are still there even though the brand new Pope Pope -- Francis formerly cardinal Jorge Mario Petroleos 76 years old.
From Argentina has.
Certainly left the balcony I'm joined now by David Asman who has been watching all the majesty of this.
You know this is it extraordinarily significant.
-- choice for several reasons first of all there's never been.
-- from Latin America Latin America is a huge place which has been.
Sort of under represented in the Vatican when you consider that 600 million people live in Latin America 70%.
Of whom are Roman Catholic.
That's one reason why this is so significant.
Big extent to which and the fervor with which Latin Americans.
Adhere to their catholicism.
Many people in the Vatican thought it was under represented in the past not so now now that that they have.
Up hope of their home in the Vatican in -- this is going to be extraordinarily significant also.
Latin America was at war one can say and I think it's fair to say I've talked to people in the Vatican and tell me this that there was a war going on.
For the soul of the church in Latin America the so called liberation theology is who tried to.
-- marxism -- -- forces and with christianity.
Many people say the touring compatible.
But there were individuals who were trying to do that in his seventies and the eighties this man reported -- -- -- And it cardinal Ratzinger before he became Pope.
Really sort of spearheaded -- campaign against liberation theology and were largely successful in doing so had they not.
The Catholic Church may have lost a foothold in Latin America that they now have.
He was the runner up in the 2005 conclave where cardinal Ratzinger was chosen became a Pope Benedict.
He got the second largest number of votes and so he is popular among the other cardinals but he's also popular among the quarter.
He has in essence spent a lot of time in Argentina and what are called the -- -- the the slums where of many priests have work there with the poor and he's been very supportive of them.
He was extraordinarily warm when he took to the balcony here and -- Saint Peter's Square.
He greeted the crowd by saying I thank you for your warm welcome Brothers and sisters good evening -- pray for me tomorrow I will pray as well for round which was very very touching.
Another thing about him he's a jesuit now the -- which they have an interest in history in Latin America because a lot of the priests who way to become bishops.
-- jazz which many of whom came from Spain particularly.
During the time of the Spanish civil war not so this man became -- -- very humble origin he was he was.
Born and bred Latin America and his father was a railway worker came from a family of five.
There's -- as he come out this is this is repeat by the way as we're looking at pictures of him.
He looks to be a simple man and he uses simple men however what distinguished him from his.
Fellows is he was growing up in in -- -- wasn't -- this guy it was a very.
Student as she was growing up and that was noticed very early on reports suggest which.
I think above all the -- -- the Jesuits would be considered -- intellectual order.
Of the Catholic church -- that they spotted this man's intellect immediately.
Schooled him vehemently.
And he rose very quickly to be patient took advantage of all the schooling that the Jesuits gave him and indeed did join the jesuit order.
Became a very distinguished scholar within that one -- -- community and rose up from -- -- He's a -- boy made good essentially what he is an and that's not only.
As sources satisfaction.
For the folks in one societies in the Argentinean but all Latin Americans of course all of the world community Catholics can.
Can take cheered by his election as Pope but particularly the people of Latin American again you can't emphasize enough.
600 million people a vibrant we've had so many investors come on here and say that Latin America.
Is where you should think of investing your money because the potential there is great.
And it may not have been had this -- not worked so hard with cardinal Ratzinger in stamping out.
Move towards marxism that was really making inroads in the Catholic church and this guy help stamp it out.
Well we wish him the best bless his heart -- Francis the new Pope David -- thank you very much.
I'm quite convinced if anybody can get an exclusive interview Neil Cavuto is working on a regular.
Let's go -- culprit what's the link -- up.
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