company controls the distribution of daily products and the infrastructure of our economy is reduce the workload. according to amazon, the government has to determine which owns the going to ensure and which zones is it not going to insure. and it does that based on a racial, makeup of neighborhoods. neighborhoods that had a certain number of black residents would have literally read lines drawn around them on the map. and they wouldn't insure mortgages in those areas because they believed that the properties would not hold value. the main turned on a loan. they said, i'm a bad risk 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 white and not going to minorities. this element of racism into our homeowners culture problem. it's not a problem, it's been up and like moving down someone did. they are probably going to be white,

but they 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 not to prevent discrimination, but to actually affirmatively go out and say, how do we desegregate america? the government betrays that policy. ah, i mind as i travel 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 april chance to have

a piece of they actually at the federal government has never enforce the fair housing act. and that state and local governments do not enforce the turnaround. again, you know, you can have federal policy, but it's the local administration of these policies that are often met. the black people received discriminatory treatment. hello, my name is tyrone washington. i'm calling about the apartment on park street available. yes. hello, my name is graham, wellington, i am calling about the apartment for rent on park street. is that still available? yes, it is. what is really, 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 50 to 60. so that creates a situation where many urban areas you had like what george clinton would call chocolate cities and the vanilla suburb. what they call it, the white house. that's a temporary contingent. there's a lot of talk to the cities around. we've got new, we've got gabby, somebody told me, we got a work order. let me get 40 acres in you. but we did give me the,

the, i'm trying to tell you now there is no program or promise that a president can bake, saying that the federal government can come in and do their, the condition of black veterans and white veterans diverse. even though when they return from the war, they were economically similar families. public housing then became a black phenomena. people who fall into this category, they have to live where society is anytime nation down and people constantly change the cities in the adequately 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. ah, i would like to run american nose in this and say, take a look at it. you want to reject it, go ahead. well, i certainly would, wouldn't hate 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 and struggle here. that's what i'm really saying. they're going to go on struggling anyway. whether we fail or succeed at the same time you have concentration, you also have clearance. you have how way to structure 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 authorities looked at them and said, well we need to do some, some clearance. i know,

well, no, i i use

with all black people are all located. where are they going to approve now, neighborhood? they do their medicine. what are unity? it takes 10 years to re written down. they know what they're doing, the systematic genet that just a matter well, those african american families who 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 large reason for that is is you can still lead lead

discriminate against someone for using a section a voucher. so landlords in most suburbs would not accept section 8 housing factors . and that's perfectly legal. white homeowner's. 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 can undermine the value of our own, and we're concerned, we like it to move out before it becomes common knowledge that the grow family in the area. it's nothing personal always never is ever was personal, but i feel real bad. we grew up in philadelphia, actually originally, and we were in an all black neighbourhood and my life change 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 grow family moving here will affect the community as a whole? definitely, in what way? i think that all the property values will go down if they are allowed to move in here in any number. do you think the miners thing live in town will affect property values? i don't think it's a 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 believed 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. why don't there don't be what it's like to live in these communities. and so because of that, they're 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 theory and becker gay to communities that have been completely abandoned. and suddenly we see them only when they burn something on the

edge people wash my condition that on the down and the rest. but now it doesn't even month when they get out what it is. i can't really say, man, murder,

we had not been willing to recognize this, right? we must understand if we had to do something about the dangers, the places now, 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. ah, the families that up with the mark. sounds good. i took marking your function. you would like to get some more. yeah, worried it shows me to do john i got i've got that limit and i wanted them off. you're gonna go back to

the left, me even above me. let me let me use long when i would show the wrong one. i just don't need you to fill out the thing because the after an engagement equals the trail. when so many find themselves, well the part we choose to look for common ground in ah, anything they think are going to be whereas on. if you can get them,

what do you john? mean, platter that. cobra want to get me pull my, let me just a platter me in and he wants to hear from you on on the 2. okay. okay. you want me me both for 956 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 the future in that area. and we did. we had a very nice ending career with the police department. they took them 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 that was in the city. i went

to it mostly iris capture and job them. and they were nasty, there tell you to move in, you move, you got the stick. i mean, there was a, you didn't, you didn't this a bad protest or you want to put forth your right to protest. but you see guys put holes in hoses. so they can't 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. the, i just think of where do i looking for you for nothing. you have a good out of where you are, who achieve financial freedom. it's 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 playing to be a 1000000 by age 25. i just got my 1st deal and i'm going to do many more like this for $1000000.00 and $32.00 and $1.00 to

me or you can do or do what do you waiting for? and i don't that one that 1. 1 right over here. now the time to buy a home now is the time to buy the news. you're going to be no good for mom. oh good for sure. it's going to be a little less crazy. he has a master service and regional planning from the university of minnesota as 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 going to 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 in real families. i was bird dog is finding foreclosures for other investors. i

just saw that the majority of wealth created in the 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 tickets to the lakers right behind the lakers spent so totally. bryant wise, leonardo dicaprio, literally right in front of us when he used to date. giselle and my foot will never forget. 15 years old yourself sit right in front of judge. elf 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 was a new product that started for the market. it's called a 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 all less your 1st mortgage balance. they went after the payment buyer. that's what they did. hey, get a 50000 dollar 2nd for $500.00 a month. go by that boat go by that 2nd car wasn't a home improvement loan. it was a signature, long as you could do whatever you want with. i just thought it was exceedingly irresponsible. loan product i took advantage of and he is taking time. i come on. good girl, mikey, mikey career writing. hey, i know no. the lenders got greedy and they figured okay, we exhausted the $125.00 potential pool. 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't say cash we do without which do you think the 2nd run the entire american economy? i mean, we're the century. oh more than we can pay that 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 case schiller 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 when 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 100 years ago that home prices should decline with time. and the reason is they were out the 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 live at town and the houses were meant to evolve and change as families 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 closer here. it close. i hear you when answer 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 create 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 think it is where your dining room with me a lot of the 5000 square feet and going one they're going to be like back there kid. i feel like a very track home the attached office casita set up. it's really more suited for 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 u. s. 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 chicken coop over there. and gigi is a grand champion,

not so much told j. 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 swats 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 no. and that's where you see all of the citrus farms in england, 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 cities. we're seeing their tax

base quintuple literally overnight. ah, and the developers stopped. ah, join me every thursday on the alex simon show, and i'll be speaking to guess on the world, the politics sport. business. i'm show business. i'll see you then. me. military mission against dam. we'll conclude on august 31st one

phone. so who did a good to us all the quote unquote a young girl. and i really need proof from i got a southern company southern the cut chicago. what was the quote to show me that this was the right weapon against the right and the local. no, no, no bought it from but it was filled out through z o o z the, the signing of the us to all about agreement. and i laid the groundwork for the road ahead toward a lasting peace in afghan to stand on i, we studied that mcdonald's and he only

one main thing is important for not as an internationally speaking. that is a nation's allowed to do anything. all the master races, and then you have the mind, nations who are the slave, the americans, rock, obama and others have had a concept of american exceptionalism. international law exist as long as it serves american interest. if it doesn't, it doesn't exist by turning those russians into this dangerous boogeyman that wants to take over the world. that was a culture strategy. so some of it on your own, i english v i v. i not leashed off in one in tablet, block nato. it's our we move east. the reason us had germany, it's a dangerous, is the lie, the sovereignty of the countries, the exceptionalism that america uses in its international war planning is one of the greatest threats to the populations of different nations. if nature,

what is founded, shareholders in the united states and elsewhere in large companies would lose millions and millions, or is business and businesses good. and that is the reality of what we're facing, which is fashion ah, breaking you say when are you getting unconcerned reports of this stage of a rocket strike on the residential building in carbon. comes with the telephone to deploy is extra security call the lamp or following those who riffing seems on thursday for the suicide bomber claimed at least 170 lives, including 13 us marine bullying 20 years of war and trillions of dollars spent tommy veteran's voice. their anger at how the situation in the country unraveled so quickly.