leaves at the properties, but not hold value, the main turned on a loan. they said i'm a bad risk with banks take up that same practice. they decide they're not going to land in those areas. that meant that all the benefits that were flowing to potential homeowners were flowing to whites and not blowing minorities, makes this element of racism into our homeowners culture. problem. it's not a problem, it's been up and life moving down someone to probably be white with them live in 2 doors away. so we pass the law in 1968, and the fair housing it proclaimed that fair housing for all. all human beings is now a part of the american way of life. the me the mandate, the government given to nations prevent discrimination,

but actually affirmatively go out and say, how do we desegregate america? the government betrays that policy. ah, i mind as i traveled across the country that whether we're talking about the white americans or people who may be robot and other minority groups like the mexican americans, the rest just like the back americans. what everybody wants as an equal chance to have a piece of the action at the federal government has never enforce the fair housing act in that state. and local governments do not enforce the turnaround. again, you know, you can have federal policy, but if the local administration of these policies that often miss the black people received discriminatory treatment. hello, my name is tyrone washington. i'm calling about the apartment on park street, not available. yes. hello, my name is graham, wellington, i'm calling about the apartment for rent on park street. is that still available? yes, it is. yes, really. so what does it mean?

it means that the places that were segregated in the thirty's, forty's and fifty's, they're still racially segregated today because we haven't done anything to undo the racial segregation. yeah, 11 town today is over 95 percent white, very few minority families living there. they fix the damage that was done. we just allowed those inequalities to continue, but said from this day forward, we can't discriminate. so it didn't fix it. all of these policies and practices, the systems that federal government, state government and local government pass. and in that they converge to sort of create, concentrated poverty. by the time we reach the sixty's. so that creates a situation where many urban areas you have like what george clinton would call chocolate cities in the vanilla suburb. what they call it, the white house. that's

a temporary contingent. there's a lot of talk to cities around. we've got new, we've got gabby, somebody told me we got to work and let me get 40 acres in you. but we did give me the time. can you now, there is no program or promise that a president can bake the federal government going to come in and do their, the condition of black veterans and white veterans diverse even though when they return from the war they were ecologically similar families, public housing then became a black phenomena. the people who fall into this category,

they have to wear society. it's not anytime nature down and people constantly change the cities in the attic with the service neighborhoods that were heavily concentrated with african americans. garbage collection wasn't picked up as frequently. streets were repaired as well, conditions, deteriorated, and urban areas became squanders. i would like to run america knows in this and say, take a look at it. you want to reject it, go ahead. well, i certainly would, wouldn't have to think that anybody is what i said they were given up. hope what i'm saying is that society has failed. the hope of the people who live in struggle here. that's what i'm really saying. they're going to go on struggling anyway. whether we fail to succeed at the same time you have concentration,

you also have clearance. you have highway construction, which is destroying black community. we oftentimes urban areas are built dead in the middle of black community. so there's a sort of rising anger or frustration that takes place. ah, well, once that became slums, are these looked at them and said, well we need to do some, some clearance.

the i choose with where all of black people are all located, where are they going to approve now neighborhood where they're messing with our unity. it takes 10 years to re written down. they know what they're doing, a systematic genet, that systematic. well,

those african american families who are displaced has to move somewhere. so those families we give in section 8 housing vouchers. the idea behind section 8 is fabulous. it's exactly what one would hope is that people who are impoverished have an opportunity to move into neighborhoods that are not impoverished. unfortunately, for black americans, it doesn't work that way. a lot reason for that is, is you can feel legally discriminate against someone for using a section 8 voucher. so landlords and most suburbs would not accept section 8 housing factors, and that's perfectly legal, white homeowners. deathly afraid of a black person moving next to them because blackness is associated with lower home values. the failure presence in the labor. c c can undermine the value of our own, and we're concerned, we'd like to move out before it becomes common knowledge that the family in the area it's nothing personal. oh with never. this ever was personal,

but i feel real bad. we grew up in philadelphia, actually originally and we were in an all black neighborhood. and my life changed when we moved to south jersey not far from some of the levered town type in neighborhoods. and when we came in, the police had to come in with us because people were throwing things at our house and terrorizing our house at night. ah, we moved there because we wanted to place that was integrated. and we just wanted to raise our standard of living and it was the strength of my parents that said, this is where we're going to be do you think and grow family moving here will affect the community as a whole? definitely, in what way? i think that was the property values will go down if they are allowed to move in here in any numbers. do you think the miner thing and live in town will affect

property values? i don't think that the myers have anything to do with a property decreasing or increasing. i think it's purely a white problem, not a problem. well, as a result of all these policies, we created a segregated system. and because we forgotten now this entire history of how it happened, white families believe that they got where they are simply by their own hard work and determination to succeed in the middle class life. but they don't understand is that their parents could have came as an immigrant from a white country and immediately had access to known. and the ability to move in to white neighborhood black americans whose families had been citizens for generations could not. and so it's not saying that their families didn't work hard, but it is saying that their families benefited from a great deal of affirmative action to get where they are quite american. what if i

live in the community? and so because of that, they are unable to connect with what it is like to be in these areas that have been deprived of every type of opportunity. now, how do these communities get seen? they go for decades in the festering situation and becker gay to community that have been completely abandoned. and suddenly we see them only when they burn something on the people wash my condition that down and the rest of the nap. it doesn't even month when they get out what it is. i can't really look at the man

murder. it happened the reasons we had not been willing to recognize this, right. we must understand if we had to do something about the dangers that place us . no, it shouldn't be that hard to understand why that becomes kind of the ultimate outcry, because it's the only way that these can become visible to most americans. driven by a dreamer shaped by those in,

ah, the dares thing. we dare to ask in a military mission against him. we'll conclude on august 31st. ah, what phone did a good to us all the quote unquote, a young girl who will bundle you so much. you got to be southern company will cut us a couple of months. i think that was the key code to show me that this was the right weapon against the right hon bought it from but it was filled out through z o o z the the signing of the us tal about

agreement and laid the groundwork for the road ahead toward a lasting peace in afghanistan. and i know we still need that done by and does he like when i would show the wrong? why don't just don't the rules? yes. to see out the thing because the after an engagement equals the trail, when so many find themselves worlds apart, we choose to look for common ground. the

ah, i don't want anything. they think they are going to me, but i can tell where is that on? if you can get him, what are you going to john platt? break. when you get a me pull my, let me pull on just a platter me in. and he wants to hear from you on on. it won't bother me. me both use the 1956. when i came out here with farms. i was 5 years old when i came here 949. i came from the south branch. i thought it was for the future in that area. so that's good. and we did, we had

a very nice career with the police department. they took him out of the south bronx for the benefit of the community. now when i 1st became policemen, i was a ride squad in any right or any type of demonstration. it was in the city, i went to it most of the irish cups on the job, them and they were nasty. they tell you to move in, you move, you got the stick. i mean, there was and you didn't, you didn't this bad protest or you want to put forth your right to protest. but you see guys putting holes in hoses so they can put out fires matches to businesses. but to people's homes, you have a right to protest, but you don't have a right to do that. thinking of where do i looking for you for nothing? you have a way to achieve financial freedom. it pretty easy to do. if you just follow my

system step by step, it's so easy to make money and really say, and i'm planning to be a 1000000 by age 25. i just got my 1st deal, and i'm going to do many more like this for millions of dollars. and $32.00 and $1.00 to me or you can do or do what do you waiting for? and i own that one. that 1. 1 right over here. now the time to buy a home now is the time to buy a home. i need to be no good for mom. oh he be good for sure. so you try to be a little less crazy.

he has a master's urban and regional planning from the university of minnesota. please give chuck. thank you. thank you. and a little bit about organization, strong towns, organizations now evolved into a national movement of people trying to reconfigure their communities to be more financially sound post world war to america. the financing mechanisms of it act very much like a ponzi scheme. you have this immediate sugar high with this long term liability kind of hanging out there in the future. and the last generation standing is the one that's gonna have to pick up the bill. we prayed on our fellow americans just so we could keep the growth going and nobody stopped to consider the impact that

this was going to have on real people and real families. i was bird dogs, finding foreclosures for other investors. and i just saw that a majority of wealth create and united states was for real estate. so i was determined to follow that track. it was so much fun at the height of when we were making money. company had season take us to the lakers right behind the lakers bench. so toby bryant's wife leonardo dicaprio literally right in front of us and when he used to date g, l and my son will never forget. 15 years old yourself right in front of joseph hair is hanging over the back of her seat in jeff goes, dad. why? because he starts playing with jazz l hare. oh my god. anyway, i digress a bit,

but back in 9697. there's a new product that started for the market. it's called 125 percent loan to value. and when i 1st started seeing, i said this is a recipe for disaster. are you a homeowner with too many build too many high interest monthly payments? why not pay them off with a 2nd? mortgage bill ends up to 125 percent of the value of your whole less your 1st mortgage balance. they went after the payment buyer as well. they did. hey, get a 50000 dollar 2nd for $500.00 a month. go by that boat, go buy that 2nd car. wasn't a home improvement loan. it was a signature loan did you could do whatever you want with. i just thought it was exceedingly irresponsible. loan product. i took advantage of it. he was taking so much. come on. good girl, mikey, mikey,

mikey. hey, guys, no, no. the lenders got greedy and they figured okay, we exhausted the $125.00 potential for let's go make it super easy to get purchase money. now, if you were to ask me what the perfect credentials are to qualify for a home loan, i honestly couldn't tell you, may i help you, sir? i need a quick answer on a new home loan stated income, stated, employment, stated, stated, stated, which means whatever the borrower says is factual. as recently as the 1997, you had to put 20 percent down and you had to struggle to save that kind of money. you fast for 5 years. and a bus boy from a local coffee shop can buy the same house for nothing. will have to verify your credit so well, credit. we don't have any if we can pay cash, we do without which i could run the entire american economy. i mean,

we're the, you know, more than we can pay back in order for the house, the cars to stay standing. it has to get bigger. so the guy that's in the 3 bedroom, one and a half bath house, he's got to move up to the 4 bedroom, 2 bath house, the house, the car just kept getting bigger and bigger and bigger and bigger, and bigger and bigger and bigger. and it's just all on fake valuations. ah yeah. at that point the home did absolutely become a vehicle for excess home prices rising from the k shiller index. i look at the number and i say yes, this looks good. it's much better than expected. you look at the number and say, nobody knows where the home prices are going to do. oh, people are increasing back and they buy

a house. a major concern is how much can i sell this to someone else at the other end. it can be called the greater fool. maybe i'm a fool device, that's a big house. but i'm going fell into an even greater for the people. there were people who thought 50 or a 100 years ago, that home prices should decry with time. and the reason is they were out don't expect it to gain the expected lose value. that was a common view in the past. for so long, we have come as a society to place a tremendous amount of value on the home itself. and the bigger the home, the better it's interesting because i live at town and the houses were meant to evolve and change as family evolved and changed over time.

the idea was that this home would be livable all your life. you could have one bedroom or 3 bedrooms, depending on what your needs were at the time. and this area, what content extension of the living room, or it can be close off and become a bedroom. close here. close here. and then you went to enter from the hall and so i have coming out from the federal hallway now where all the entrances onto the bedrooms. so it could be either one bedroom or 3 bedroom right now. we trade the one bedroom here and in the rear one bedroom that could be partitioned with a rolling wall so it will become 2 bedrooms. there was an extension of dynamic coming out of postwar idea of what the house provided wasn't

really about the up scaling or the super sizing of the house. and so that relationship between the gr of the physical house was still somehow in balance. subsequently, people began to make the scale shift where the houses became just large. i'm in love with this indoor trains. hope and if i guess i don't think it is your dining room when me a lot of the 5000 square feet and the only ones they're kind of like back there kid. i feel like a very track home the

attached office casita set up. it's really more suited grandma, she doesn't really want to have a detach thing. grandma needs for foot ceilings mcmansions. they're going away. the dodo bird. people want to buy what they need and they don't want any extra. and this has so much square footage, a wasted space they might get away with one more sale, but in the years to come, it's going to be tougher and tougher. the higher ones are fine here. there's just tremendous economic dependence on this idea that we can keep building new single family homes on their own lives and that they have to keep marching across the us landscape. because it's a huge part of what the economy depends on for its health and wellbeing. don't take

care. yes. so our property line is just basically the white picket fence all the way around all the way back up to there. so we're going to have a, our garden over here and a chicken coop over there. gigi is a grand champion. not so much dodgy. so this whole industry of easy, quick money for property did not end at the retail borrower. developers were exposed to these funds. so these companies were going in and buying a swaps of land from these farmers at ridiculous prices. just given them enough money for their great grandchildren to retire and it was just so hard to say now and that's where you see all of the citrus farms in the inland empire gone.

and of course, the cities were loving it because the tax basis on real property with a house on it is far higher than farming the cities we're seeing their tax base quintuple literally overnight and to develop is stopped. i what we've got to do is identify the threats that we have. it's crazy plantation,

let it be an arms race is often very dramatic. development only personally, i'm going to resist. i don't see how that strategy will be successful. a very critical time. time to sit down and talk to the families that mark sounds good. i took marking your function. you go with a lot of good morning worried me to do all john. i got on the top limit and i wanted them off. you're gonna be like that to do the work for me about the less

about the news and look forward to talking to you all that technology should work for people. a robot must obey the orders, given it by human beings. accept where's the shorter the conflict with the 1st law show your identification. we should be very careful about artificial intelligence. at the point obviously is too great truck rather than fear. i was like, take on various jobs with artificial intelligence, real summoning the demon a robot most protect phone existence with me

the in the wake of the telephone shot. take over half down the stand. the white house says it did not evacuate earlier to avoid a complete crisis of confidence in the country's government, but it admits that it's related responses failed to stop them from happening anyway . as un food agencies worn of shortages and i've demonstrated within weeks, the groups 18th for the countries tells us of a growing humanitarian catastrophe. needs are enormous. nearly half of the population. are you seeing right now to provide funds so that we can provide a partial participant in the people from going to start earlier. some afghans employed by.