tv Nancy Grace HLN September 28, 2009 10:00pm-11:00pm EDT
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first question. our mission in afghanistan is much broader than just to look for osama bin laden. let me stress that we are in afghanistan first and foremost to improve our own security. we cannot allow afghanistan to become a safe haven for international terrorism once again. if we did, terrorists would easily spread from afghanistan into central asia and into europe and further. this is the reason first and foremost we are in afghanistan. .
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and this will be my criterion of success, that we can gradually transfer responsibility to the afghans themselves from security to development, as i have said today. iran -- well, i think at this stage the right approach concerning iran is that the international community puts a maximum of pressure, political and diplomatic, on iran within
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the framework of the so-called five-plus-one group, and new intelligence information and the actual behavior of iran, just stress the importance of such continued international pressure on iran. if iran eventually acquires a nuclear capability, then it will, of course, be a matter of concern for nato, because then nato members might be threatened. so i think we should think in stages here, here and now, diplomatic pressure on iran, and
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then let's see. finally, on nato, yes, i fully agree. we need a strengthened political commitments to nato. and i know from my previous capacity as prime minister that nato sometimes seems a bit distance in the daily life of a prime minister, because you have a lot of things to deal with. it will always be that way, but it is my ambition to insure that my colleagues or former colleagues get more engaged in daily nato work and the business. -- and business. i would very much like a stronger political engagement.
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i think it will take more meetings among ministers and also heads of state and governments to ensure that. i know from experience, within the european union, that the facts european ministers and heads of states and governments and meet on a regular basis really contributes to a strong daily commitment to the european the union. -- to the european union. and we need that kind of commitment to nato as well. for practical reasons, it will not be possible to organize just as many ministerial meetings as we see in the european union,
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but i have a secret dream. now it is public. [laughter] that i could organize thwart ministerial is within nato to establish the compact that you rightly spoke about. >> mr. secretary general, i think we all have been honored and delighted to experience more first public statement speech in the united states. this was just fantastic. a lot to think about. i want to thank general hegel to get us started. also, if you look throughout this room, the level of people attending it underscores the support of people give to the mission but the confidence they have in you. you are seeing president obama tomorrow. i think he very much lives by the lincoln quotation, the
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occasion is piled high with difficulty, and we must rise to the occasion. you have told that this entire session. you have told us about the need for change, but given us concrete ideas about how to start implementing its. thank you very much. -- about how to start implementing it. thank you very much. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2009] >> only at that point he says will they consider what are the proper numbers of troops and
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resources to meet the new strategy. >> what is the general asking for? >> the crequest has not been made public. he may be asking for more than 40,000 american soldiers and marines. he proposes various options that would be lower if you change what your goals are. if you want not to protect, say, all that afghanistan's civilians, but focus on the cities, that number of troops may be less. >> you have written that the military is not monolithic. what do you mean? >> the military force has different institutional interest. the army people, in charge of maintaining the force, making sure the soldiers get enough rest time, they are concerned
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they do not have enough forces to meet that additional 40,000 troops. remember most of the troops have not yet come home even they are scheduled to at some point next year. there are others who questioned overall counterinsurgency strategy. this is one that is similar to what general david petraeus followed in iraq. >> you write that there are outside voices that have offered advice to obama. who are they and what are they saying? >>: pal, who was a four-star general before he became a member of george bush's cabinet. he went to see obama earlier this month and he expressed skepticism at prospect that more troops in and of themselves would be successful in afghanistan. he has been a noted proponent of
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what was called the powell doctrine, a doctrine that envisions keeping military missions clearly defined, making sure from the beginning to figure out what your exit strategy is. >> what is the president considering to make the decision? >> he is considering a lot of different factors. he has to consider the stress on the force. he has to consider what it means in terms of podcast town, which is also a top priority, both for this administration. he is considering whether he can get more cooperation from nato if he sends more american troops. he has to consider if they -- as the domestic politics of this issue, congress, are increasingly restive about the idea of a long-term commitment to afghanistan. >> when you think there will be
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a decision? >> ferc -- they are saying weeks, not months. >> thank you. >> thank you very much for having me. >> the senate finance committee is considering an amendment to include the so-called public option. an ad will be released tomorrow criticizing max baucus tomorrow. >> i live here in montana. last june i collapsed because of congenital heart problems. i need it open heart surgery, but i have no insurance. my friends and family have been a blessing.
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they have helped with the sales and benefits. my wif and sixi owe more than $100,000 in bills. private insurance companies need competition. they profit by denying care to people like me. senator baucus, will you take millions of dollars from interests that oppose reform and oppose giving families like mine the choice of a public option? whose side are you on? >> the progress of change campaign committee are responsible for that contents of this advertising. >> for more information, you can get to see span's health care houb.
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>> the congressional black caucus host a forum on the economy. in two hours, we will agrre-air discussions on nato. >> supreme court week is just a week away, featuring interviews with each of the currently serving and retired supreme court justices. get an insider plus view of people and places that make up the nation's highest court. >> why is it that we have an elegant, astonishingly beautiful, and uimposing structure? it is to remind us we have an important function and to remind
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the public of the importance and the centrality of law pa. >> to complement our production, c-span.org offers teachers free resources on the traditional judicial system. >> the congressional black caucus foundation hosted a town hall meeting on the economy with panels that included business leaders and members of congress. this is two hours. >> the obama administration plus economic recovery act is kicking into high gear, and i do not think anybody doubts that we are eventually going to see a recovery. the concern, the focus is when that recovery happens, are the communities, our communities, which have been in recession
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long before it hit the general populace, whether those communities are going to be part of this economic recovery, whether it will be a sustainable recovery for everyone. john hope bryant, i would like ask you the first question, as president and ceo of operation hope and hope global initiative, for the past decade we have seen dozens of intermediary projects pop up. in light of the current economic recession, how can these projects be sustained? >> well, let me start by saying this is not a recession. this is a reset. anybody who believes that prosperity is coming back the way in which we experienced it five years ago is on medication.
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it -- prosperity will come back, it will look different, it will feel different, it will require a different focus and party. the good news is that black americans have been doing so much for so little for so long with an almost anything for nothing. [applause] the first thing you have to do is you have to have a new attitude, not cop an attitude, but have a new attitude, and that is success is going from failure to failure without loss of enthusiasm. if you can look at that that way, my suit is made by an operational success story. the shirt i am wearing. this man came to operation hope because he did not have to additional funding. everybody thinks their problem is money.
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it is not that way. the short version is speaking to us with a $10,000 loan. we gave him alone. he promptly screwed it up. he came back, i need another loan. you have to differ from back. this time he needed financial literacy training, entrepreneurial training, he went threaough that for two mons free be the first loan back. he is doing a hundred thousand dollars a year to date. he has six employees. he is raising children, paying his taxes. he is teaching don't people how to become entrepreneurs. -- he is teaching young people to become entrepreneurs.
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we have already lost 30 million jobs in china. the only thing that makes sense for us in an environment where there are decrease in jobs is to create a generation of black and brown on to ignores. a generation of self-employment projects, and we can do it. that is the new division. every big business started as a small business. microsoft was once bill gates and that a garage and an idea. >> george is the corporate counsel of prwt. george, not only respond to what john has said, but talk about it, because a i think you see it
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as a recession, and how has the recession not only impacted minority businesses like yours, but what is in this current economic recovery act which can benefit businesses? >> i believe there will be a recovery. there will be a surge, but it is a reset. >> i think what is important is that there are two sectors who are impacted by what the government does and what the government can do. there is a sector that are small disadvantaged businesses. this will be able to increase the percentage of guarantees on loans. hopefully the government has gotten into the secondary market. that money is available to the small businesses in america for companies like ours, which have grown beyond the size limits and
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for many companies. you compete in the regular routine marketplace. there are important lessons that we have learned, and we have followed in a recessionary period that are important for to the norris -- for entrepreneurs. you have to protect your base trick make sure you did not leave your strategic partnerships. then an understanding if you are going to get into the opera real space, you have to understand what it takes. we understand there is discrimination that makes it was difficult for us as african- americans, but you can use that as a crutch or accepted as orality and figure out how do i get past it. when of the ways you get past it is understand whether you are an sba from going for a loan that could be guaranteed or another
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going on your own credit, you will be subject to the same due diligence that everybody else is. they will want to come in, i understand you have a corporate structure in place that understands what it is doing, i understand you have figured out -- and this is a challenge for many of us -- that you want to be a a real business as opposed to a lifestyle business. we have to accept the responsibility. we commend our leaders in the congress and work have done to put in place programs, but those programs did not work unless we understand the rules, we get together, go out and pursue things aggressively, and then we do what we need to do to be successful, and then what is equally important in this economy is we figure out how to help one another. at prwt we make an effort to
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retain minority lawyers, and when we cannot retain minority lawyers and accounts, we will go into law firms to minority partners so they get the economic benefit. we have to learn to circulate that dollar within our committee. their companies like ours that evidence that it is capable of being done. we have been successful at it. we faced the same challenges, the same barriers that everybody else does. you have to work for harder. >> john hope bright speaks about financial literacy. i heard you make reference to that. i would like ask jonathan rodgers, the president and ceo of tv1, what is their role of
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the media in the 18 in financial literacy? congress can do so many things, but if people did not take advantage of that, they can get tax credits, it is all for what appeared what role does the media play in addressing that? >> i would think we play a great role in that. let me shift this because i agree with what was said, as far as we go, the recession has existed for quite awhile. when we started tv one, our purpose was to value the african-american consumer. to go with the large could so rporation, because we have been taken for granted. there comes a recession. how you grow a major
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corporation? the fact is you have to focus on the mid-tier and a low tier of products. we occupy that space. it becomes important what we think, how we live our lives. what we have done to turn this around is lead with spending power, to lead with our choices, to lead with our influence on the culture. interestingly enough, things are turning around and they are getting the message. i am on the board of two fortune 500 companies, and both of them had invested more in the african-american consumer, because that is the growth area. we are the growth area. to go back to your question, i wish i could put on a tv show
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that talked about financial literacy and people would come to its in the ropes. they will not. i think you know that. you know how to the goal is to get people to watch sirius news versus white, fluffy and newsprint the best answer would be an online platform. the digital divide no longer a biggs is. we have 20 million african- americans who have entered night. it ought to be there, ought to be there available, and your company can do things like this so you can just push a button and get all these hits and clues about how to be an entrepreneur . >> i want harvey to weigh in, because we're talking about communities being served. but john has a response to what jonathan said. whether or not we can get people to watch the programming. >> i respectfully disagree to
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the point that we cannot get people to watch. we have failed. martin luther keen jr. was not the first moral leader. he was the first moral leader who understated -- understood the marketing and framing an issue. quincy jones has told me it takes 20 years to change a culture. over the last 20 years we have made dumb sexy. what we have set now over the next 20 years we need to make smart sexy. quincy jones and us out of the other, 5 million kids to break the back of the high-school dropout generation. why do kids drop out of high school? they do not believe that education is relevant to their future. that is financial literacy.
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all of a sudden you have people glued to education, focusing on what they want to learn, interested in math and science. it is not the kid's fault. the kids are our customers. we're not giving them a reason to be compelled. we need to reshape it, and so quincy and them are going to south central l.a. next week and part of this is to make smart sexy again. also being an economist sexy. we can do this and i refuse to accept that it is not possible. >> i said i wanted to go to you, but then i wanted the top of the doctor, and when john was talking about kids -- >> can i just jump in here.
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i want to thank my brother john hope for the work he does. i bring all of you greetings. bennett college for women. we do a financial literacy we every semester. we bring in experts trade we have our seniors run their credit scores. we get them to be fully prepared to deal with the fact that your credit score is your adult report card. those are the judgments we make. this is such an important gathering, coming together. john, i think we can make financial literacy a media driver if we make it exciting. if we may it exciting. how many people went to a
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platform to find out somebody's business? we will not go into that. somebody did. we could also say it is exciting to know that you can play in certain territories. there is our challenge, folks. an educated african-american is a dangerous person for a whole lot of people. we need to invest in education. our hbcu's are the front line of our drought. we are losing them every day. we need you to be hours trying, -- to be our strong, passionate advocates. we have made hbcu history. we will break the first ground in 20 years on october 16.
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we are excited about that. every hbcu is every time educating people. i've had people leave us, going to harvard. there's something on the inside and we take it to the outside and we turned our young women into leaders. what i would ask all of you, and forgive me again for jumping in, but my name gets called, i get excited. i want ask all of you, if you are not an hbcu grad, adopt one. there are so many of us who are doing the lord's's work. so many of their lives will be transformed because of this trick there is money in the stimulus package. guess what else.
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we have $85 million for two years. this administration has continued. i love my president barack obama. i do not like his policy. we need you all to hauler because we need to lift your voice is to lift up the historically black colleges. we need that money. i will tell you a funny story. i go on an airplane, and people ask me, what do you do? i say i am in higher education. people will say, why do we still have hbcu's? the music is too good, i cannot
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hear. people cannot believe that we still have them. if we did not have them, we would have to invent them because we take full cry from who they are to who they are going to be, and we do it in a different way. i know and people who graduated from harvard who do not know anybody who can write them 8 recommendation. -- a recommendation. that is what hbcu's do. >> also pbi's, a lot of which are community colleges. >> let's start with -- >> we have a lot of ground to cover. i hate to cut you off. i will circle back to the connection between education and the economy. i wanted it harvey lawrence in here. you serve as president and ceo
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of the brunell corporation. >> i think education is incredibly important. financial literacy is something that is woefully lacking overall in our community, not only young folks, but with many adults, because he can employ 250 people, but many of them are entry level. a large part of financial literacy is known what a budget is and how you live within a budget. in terms of education, i work in a community that is an e merchant committee, meaning that is a committee on the rebound. -- a community on the rebound. we operate a health center,
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several health centers. that has been our inroad into economic development. we also saw in our community that our youth were in trouble. there was maybe once a month some youth on youth violence. we had a school, and underperforming school, because of abuses saw started happening with our student, which opened a health center. later, when that school was subdivided, we wrote a planning grant and opened a high school as a health center. it was a health-themed school. my point is when the school, before it was subdivided, which had students graduating at the
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rate of 35%. i do not think that is unusual in any of our neighborhoods. this is a high school. we essentially took the same population of students and we had our first graduating class, and the rate was up at 80%. our valedictorian went on to spellman. we had that allow the korean and other students come back and work for us at the health center. the point i am making is that our kids can learn internships in major hospitals. what we did is we enrich the environment. we gave them an experience shall learning. that is, it is not just chalk and talk burning. sometime our young folks did not respond to that.
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you walk into the learning process, work through what it means to develop and be a professional, because the suit and tie guys like myself or are sometimes look at we did not know what is going on and we did not have much to offer them because for them many of the times it is just surviving, getting from home to school. they are under tremendous peer pressure. we provided an opportunity to see to work with professionals in the health-care area, and to see that there are a whole range of things that were possible for them. >> in terms of funding, we have seen programs like that in philadelphia that have taken a nosedive over the past few years because of the current economic climate. how have you been able to fund these programs? >> we started out, it is called
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a new york city, new visions school, a bill and melinda gates grant to get the process growing. we funded the school to the department of education. we have a person working with a school, the director of health programming. the funding was coming out of new york city, but we were able to mold the school and to get a different feel we are one, we are responsible for you. we think that you can learn, you can achieve the same population is just been embraced with encouragement, saying that it makes a big difference. we talked about money, and money is important. the real deal is where people start in terms of their
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confidence and whether they have support around them. in our community, it has always been we have never had the money, and sometimes i think the money -- some funny things happened in terms of our being responsible for each other and looking out for each other, because we always had in a bygone era middle income people living with low income people. we were not stratified by income. now you have a low concentration of low income people and middle income people have options, so that are helpful. -- so they are elsewhere. although funding is critical, i do not want to minimize, but so often i have seen organizations with money, but not with purpose. but if you did not have the purpose, the mission, the drive
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that you want to be a change agent, then you are turning over the same old stuff. >> with all due respect, if somebody handed me a hundred billion dollars, it would fix all whole lot of things on my campus. it has become very popular for people to say that money is not important. money is important. i do not see anybody at harvard saying we do not need no money. i heard what you said, but we hear it an awful lot. money is not going to fix everything. yes, it will fix a whole lot of things. the fact is that we need to begin to advocate for the same kind of funding that other people have. we cannot say if the spirit was right the money will come. the money will come, we lobby for a. >> point well made. >> he obviously wants to
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respond. >> i would like to get carol braun in here. >> i am not saying that money is not important. what i am saying, that i have seen situations where people with less money, with the ability to have a purpose and a goal, come together to make things happen. and i think money is very important. i think it is critical. but monday without a purpose, without a goal -- and we see it so often, when we have -- >> we are running out of time. i am not a question related to money, but not in this vein. >> i was one of those people as a managing director that turned out the light of lehman brothers. when you look at the recovery act, there is such power in that act on the capital market side.
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when you talk about financial literacy, all that is important, but what is important is that we understand the power that is in the recovery act and how we can take advantage of it and why there are not where african- americans and people of color working in the capital markets and being a part of the recovery. there were people who were sitting at the table who were helping to formulate the recovery act so they could take advantage of and build their businesses up. i left lehman brothers. i am not at the number one minority owned financial services finance company in the country, people do not know us. we should be taking advantage of that and building on that. i am inviting myself -- to talk about how we should be mobilizing and using the tax credit programs that are in the recovery act, not just for the investment in the community, so we can be a part of revitalizing the capital markets
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and that we can take the same advantage that the goldman sachs had done to revita lize the economy. >> let me follow up on that. she is the managing director at a firm which is the largest minority investment banking firm in the country. >> she was the first woman to be seated on the stock exchange. minority and women-owned investment bankers, and the top 10 of bankers in the country. wheree are competing with the goldmans.
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lehman brothers let me, but one from wall street to what is the new wall street, and the new wall street has to encompass people of color, it has encompassed within. if we do not take advantage of this opportunity to not only invest in our committee, but to build up the next generation of financial stored, then we will be left out of that dialogue. >> the treasury department seems like they have created vehicles for the private sector. i am thinking of tarp. they have not been treating the same vehicles for public sectors. >> that is not true. a lot of tax credit programs. it is an old program. it was bolstered in the recovery act. that is direct investment in - and minority-owned communities.
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bethel new life took some tax credits money and it is a transit-oriented development center. there are programs within the act that are designed to invest in committees, create jobs, create development, but also financial programs that were supposed to jump-start and have started with the build america bond program, and so you are seeing a lot of volume and movement in the capital markets. it is a direct result of what the obama administration did in passing the recovery act. the proceeds of that were designed to be invested in the community. it is a misnomer to state that it was not just for the private sector. >> we first got people to line up for the recovery, the were bankers. there were the first one's about a year ago that got that $700
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billion on the basis of two little pieces of paper kit that henry paulson gave president bush. no footnotes, no justification. we need 700. dollars. the second piece was recovered at president obama has dealt with. it has not trickled down. our committee would miss an opportunity if not out of this gathering we did not talk about the recovery that is targeted for the least and the left out. in other words, the unemployment rate officially is 9.7%. that means for overall america and is about 17%, and one in six americans does not have a job. that translates to one in three because our official rate is 1.7. when you adjust it, it is 28.7%.
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what we are looking at is a depression. my brother says it is a reset. it is not a reset. it is a deset. we have to deal with that. we have to do with the fact that while the president is embroiled in this health care debate, my grandmother -- all these crazy people go to these tea parties, they need jobs. we need jobs as well. we need to begin to think about jobs, recovery, job training programs, and that is something that has been missing from the tableau. >> i am a person who is bent my life in the public sector. i am supportive of public aid to asian and opportunity. the challenge before us is what we as a current business
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community, whether the deother businesses here, to compete in the private sector. if we did not figured that out, all these young people that we are education will have to fight the same battles we fought to get where we are. one of the things i am most proud of, i spent six and a half years in the government of philadelphia and was able to go to work for an african-american company. our companies to not commit themselves enough to create those opportunities. we have got to take advantage of the government programs treat it is important we do, that we figure that out, but we also must figure out how to compete in the private sector. it is not sexy. one of the things i have discovered. it is not sexy. why people want to look under the hood. if they look under the hood, if
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they find things that are inappropriate, where they want to be discriminatory, you give them the reason for doing it. we must learn how to run our business is effectively. >> one of the opportunities is in broadband. wireless, telephone, satellite, it is owned by the private sector, but government regulated. should the federal government get more involved in terms of regulating, and should there be more of a push in terms of expansion for minorities in this area? >> one part of the act is to make sure everybody has access to broadband. that was designed to take care of rural areas, but the fact is there are a number of african- americans in these areas who will now have access to broadband. that is all good, and i know of a number of entrepreneurialism who have applied for and got in grants to build these out.
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one of the best things about broadband, because we almost have to contrast here. the $100 million project with quincy jones is great, but that is addressing the lower tier. that is an error on -- an error on your part. what we're forgetting in our conversations is the middle class. the middle-class exists now. they are suffering in greater proportion than their counterparts, but the are the ones who can take real advantage of financial literacy to take them from the college level to the graduate school level and then they can take advantage of all these. it is the internet and brought adband that should be the platform.
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-- and brought laoadband that sd be the platform. black businesses are crucially important to our survival. black entrepreneurs hire black employees. do not look at us as one simple solution. there are multiple solutions and we need to be working at all levels. >> to literacy, it should start with credit scores. but there are so many people who do not know what happened with tarp, who do not know what opportunities are available, what was missed, and what certain parts of this economy
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and the society received from tarp. it cannot stop there, was my point, is that we should be educating about everything going on so we know what advantage is are there and what we should be taking advantage of. >> this recession has been a profit center for whole lot of people. that is something that we should not move away from. which should be clear about those folks who have benefited and who are actually in the business of exploitation around this recession. for example, there are people who will help you with your foreclosure. you would give them money to help you. they will be gone and you will lose your home and your money. they have figured out that these are profit centers. folks like john to the work to make sure we get clear see, but the fact is there are lots of money that have been made from this recession, and frankly, the african-american community is
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not making as much of the money as other people are carried the whole called for financial literacy, and you're right, it is not about credit scores and learning how to balance a budget, but it is the issue of how we play in this economy and do we play in the same way. if we look at the people who work at treasury, the federal reserve bank, and as part of commerce, are equally represented to say here are opportunities for you. the answer is no, said the clarion call is not necessarily for any one to do anything for us, but for us to understand that we have to fully play in this economy. >> you are in a unique position as an economist and an educator. we've heard obama talk about
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long-term economic strategy, talking about energy, health, and education. could you talk about this connection between education and the economy. >> our nation will not be able to survive as a leader unless we fully invest in education. china, india, and eastern your are producing more into years than we are. if you look at people who are 55 to 64, 40% of us had either an aa or ba degree. in a 30-year. and, we have not improved our ability to deliver services to people. it is because the demographic has changed. white people aren't doing as low as they ever have with education. a slight demographic shift with white women. in our communities, two-thirds
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of our students are women. one-third are men. more importantly, we have created hurdles and barriers for young black people and also latinos to attend college. we know that china is producing a new university almost every six months. in india, education creates a bigger part of their gdp per capita than our street we expect our students to pay to contribute to our social life. in other words, when i graduated, i had $2,000 worth of student loans. the average student who graduates today has $20,000 worth of student loans. the average african-american students, nearly $20,000 worth of student loans trad. we need to invest in our young people. we need to make sure they have an opportunity. it is about black and brown
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right now. i am not disrespecting the majority community, but understanding the demographic and demographic is that our nation is changing, and folks need to invest in our community. we need to be advocates in that. i cannot tell you how passionate i am about the reality that not only does education have the power to transform individual lives, communities, and more importantly, it has the power to maintain the competitive edge for our nation. investment in the hbcu's, it is about the investment in america, because it accesses the ability to transform lives, let's say china, india, they're doing what they're supposed to do. they are running over us because their priorities are different than ours. our pride ours have been around being the world's cop.
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just give me 1% of the money we spend in afghanistan. >> we're rapidly running out of time. >> there is a distinction between financial literacy and entrepreneurialism development. literacy is knowing the balance of your checkbook, knowing how to invest, but on for neural -- entrepreneurialship is to help young folks know that there are different pathways. not everyone needs to be a lawyer or doctor, but you can be an entrepreneur. when we think about microsoft and some of these other companies, google, there were started by individuals who had a
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vision or commitment, and then with that they were able to leverage into other things into finance. we have to develop the instinct for all entrepreneurship and nurture people into becoming that. >> how do you do that? it is not about being doctors and lawyers for it what is wrong with encouraging doctors and lawyers, who are the building blocks in our community, to become on to condors -- to become on japan doors -- to become entrepreneur? >> we should be engaged in all areas. >> sometimes they have the resources to be entrepreneurialism and generate wealth. >> i am referring to the level
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at our school, that when you speak to students, their range of options are limited to this model of success, and the model of success ranges from i'm going to be a rap star, a basketball player, or i can be a lawyer. and maybe if you have 10, maybe one will say i want to open up a business. that is what i am addressing. to look at the full menu of options. >> i want to come away with one the dead of information that lets us know how we did not let this recovery pass us by, the committee that deserves it before the general public had
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it. >> back to the point of education. all due respect, but microsoft was started by an octopus or, but he left harvard. facebook was started by someone who left harvard. it was started -- is about the opportunity that we afford ourselves with education and putting people in the position and putting ourselves in the position to take advantage of the opportunities when they present themselves. the economic recovery act starts that. we as leaders have responsibility to make sure we are educating our people on how to take advantage of it. that is my wrapup. >> i agree with everything she just said, but one of the things we should not miss the fact as we talk about the challenges, we have made tremendous progress as onto for nor's in this
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committee and this country. one of the things that relates to the education, we have to develop a culture of giving. we do not give to our colleges, universities, our institutions, and consequently, those institutions become dependent on entities that we're going to. we have to take on our colleges and universities and develop a culture of to giving. part of their responsibilities. >> in fact, this sunday, it is at noon on tv one, the business plan contest. a tv show where business plans are presented to venture capitalists to get funding. i suggest we also have a
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