and the institutions of significance in the country truly did not afford the american dream to certainfolks, and it's a measure of how far we've come that you have more significant latino political empowerment, more progress in business ownership just across the board, that you could even have folks talk about in the relatively, you know, foreseeable future, some sort of latino elected as president. now, i will say, i do not believe that that's going to be me, but i do believe that as jorge ramos has said... >> hinojosa: you don't believe it's going to jorge ramos... ( laughing ) no! >> ...that that person has been born. >> hinojosa: yeah. >> so it's in the foreseeable future, and i think that's just... that's the greatness of the country and that's the perseverance of folks like my mother and many, many other folks who have worked hard to help bring the country along to a point where it is possible for this generation of latinos to be less burdened with having to fight that fight. >> hinojosa: yeah, and you use that word a lot. you say that your generation of latinos are less burdened

the notion of the american dream has become a full blown nightmare coined one t. day today marks the day that student debt has topped one trillion dollars exceeding the auto loan and credit card debt in the u.s. one of the biggest problems is the exploitation of the predatory student loan industry sallie mae america's largest private investor assigns low income students interest rates of up to twenty five percent let's take a look at some of the steps. to assure the costs have risen about six hundred percent over the last thirty years average in-state tuition has risen by eight percent just last year and in two thousand and ten graduates have had an average of twenty five thousand two hundred fifty dollars in student debt. well the hot topic on the campaign trail with obama and romney are agreeing that student loan interest rates congress and stated to freeze in two thousand and seven and the college cost reduction and access act should stay at three point four percent without intervention this year they'll jump to six point eight percent when the act expires this

of desperation and on track to get back on their feet again so one day they could follow the american dream but despite the incredible economic benefits of food stamps and paul ryan republican budget would kick millions of americans out of the program condemning them to horrible poverty and hunger the one percent don't want the poor to eat unless it's out of a trash can and now the war on the middle class is targeting students a college degree is now pretty much an assessment in america if you want to be successful it's become the new high school diploma republicans in congress pushing for trickle down austerity want to end the practice of middle class and poor americans going to college despite college tuition and fees going up more than five hundred percent in the last twenty five years and student loan debt topping one trillion dollars for the first time in history federal pell grants for students next year will be smaller than they've ever been since the program was created as this chart shows it's been a steady decline in financial aid for students over the last thirty years of thirty

well i'm not willing to throw away the best parts of the american dream as some parts in american dream we just break through the american fantasy you know everybody's going to be rich everybody's going to be able to live in the suburbs and have a big mcmansion and you know buy flat screen t.v.'s to cover up the holes in their lives and just live happily that was the american fantasy that was sold to us by the commercialize ors and and the consumerist that is gone and needs to be gone but there you don't throw the baby out with the bathwater now there are some good things the not the least of which is the idea that anybody in this country should be able to work hard and get somewhere you shouldn't have to be born rich should have to be born with a payment last name to be able to apply yourself and give your kids a better life that version of the american dream is precious it's brought people here from all around the world i'm african-american my family didn't choose to come here hundreds of years ago but we have chosen to stay because we want to make good on that promise we should not l

cesar chavez was a man and believed in the american dream region who believed in the american dream. cesar chavez was a man who believed that all working people deserve recognition and appreciation for their contributions they make to our society. cesar chavez was a very humble man, which is what i always loved about him. he was not someone who would constantly call attention to himself. i remember the first time i met cesar chavez. i was an immigrant to this country. when i came to this country, they said to raise my right hand and promise i will obey every law and regulation in this country. if you do not, you could get deported about -- back. when i went to work in the fields full time at the age of 15 making 80 cents an hour, i work in fields where there was no cold drinking water. we just had a can that sat out in the sun all day and tasted more like soup than water. there were no toilets in the field. if you needed to go to the bathroom, you had to go hide behind a tree or underneath the grapevines. if you were working somewhere where you did not have that edge recover, especia

payment last name to be able to apply yourself and give your kids a better life that version of the american dream is precious it's brought people here from all around the world i'm african-american my family didn't choose to come here hundreds of years ago but we have chosen to stay because we want to make good on that promise we should not let that be thrown in the garbage can because the richest people ever born don't want to pay the taxes which is basically what's going on the country is bankrupt not because we help grandma too much with medicare or or because we help the kids too much with the seller ships is bankrupt because of the bush tax cuts and because of bush's wars and so we have a responsibility to to at least make sure that some of the basic ideas of the american dream are held intact now to the point of you know college homeownership some of these other indicators it could be the case that we have to find more creative ways to meet some of our basic needs but we should be doing that not the one percent getting everything the ninety nine percent getting nothing the one percent rise

it is because governments are now telling them stop dreaming, stop strive we'll take care of you. american people no longer believe that this is a place that only their willingness to work hard and act with honor and integrit yein-- integrity and ingenuitiy. determines the success in life. >> and meanwhile, president obama is saying entitlements help people pursue the american dream. >> the idea that together we build this safety net, this basis of support allows all of us to take rick and try new things and get a new yob, because we know, we know that this there is a space to run . >> who is right, the president or the governor? welcome to cashin in. our crew. wayne, and johnathon and tracey and john, and also joining us democratic consultant julian epistein. do you think entitlements are saving or killing the american dream. >> i am sick of it people are sitting around waiting for the next check. from fiscal year 2011 and 8. we spent 75 percent more on unemployment checks that go out. what does that tell you? more and more people are on the government dole. more and more people waiting f

this is a discussion about values associated with the american dream. what is it going to be? >> i think it's also a discussion of what's -- there are a lot of daniels that came out of this period of malfeasant you know predatory lending practices and this is one of them. there was a time when a lot of mortgage lending was done to working class people, working poor people, to people of color but they were prime loans. they were sustainable. i remember in 1994 and 1995, fannie mae looking at their statistics. they had a 50% jump in originations home loans to african-americans in '94. in '95, they had another 50% jump. two years, 100% increase in the loans that they were securityizing for afric african-americ african-americans. they were all prime loans. they weren't these things where no documentation piggy back loans, balloon payments these predatory nonsustainable kinds of loans. and somehow, you know, that got lost in the this whole discussion. well home ownership isn't for everybody. well it is for everybody if it's fair. if the terms and conditions are right. so dianne, pl

but here is an example of the american dream. who would have ever thought abilene, kansas, somebody would end up as supreme allied commander and president of this great country? and did a wonderful job in both places. and so i started really falling in love with this concept for a youngster today could come out of that space museum that go there by the thousands and look across the street and see there is an example of what can happen if you apply yourself and learn and prepare. who knows what might happen to you in your american dream. so, i'm just very impressed with this. i think it's terribly important that we continue to talk with the family, which you're going to hear about today, and the other members, because this great moment to have a memorial to a great, great american. every now and then i am still reminded of some of his wisdom, we probably all think about the little advice about the military industrial complex and many, many other things. but i just want you to know that i think the commission has taken it very seri

king talked about the american dream. he did not say his dream was identical to the american dream.said it was deeply rooted in. it was a dialectical critique of the american dream. king was preoccupied with greatness, and greatness is defined by the king legacy as he or she that has the courage to love and serve others, and that is the corrective, the black people's corrective to america. what kind of to be you want to be? do you want to be cold hearted or kind, just, and considered? .net is up to you to decide. bis is like our individual lives. what kind of person do you want to be? phil: firing from an armed vehicle and killing another person. we can put people in a cage for four, 56 years, no red cross. >> no judicial process. phil: the land of the free, and the people bragging the most about american exceptionalism, and, by the way -- tavis: we take that on. phil: if we are so exceptional, let somebody from another country say that. easy, a bad guy. >> it is one thing to say that god has his eyes on us and shot on another nation. phil: it also puts us up here and then down here

then on julynd, 1999, our american dream became the american nightmare.y was gunned down in cold blood whilhe wasogging with our two$youngest children ages 8 and 10 in our quiet neighborhood in illinois outside of chicigo. i lost my husband and best friend, my three children lost a great father. rickey had been headaskgtball coach nthwestern and he had itten a book aboutoaching your kids to be winners in the game of life. after coaching he committed his life to developing communities. he was devoted to his family and hisúfaith andúthe world and my family lost a great man that day allúbecause"of a dangerous man who never should have had a gun. ricky's killer was a neo-nizi with a violent pa 9 he didn't just kill ricky. he went on a shoot iing spree throughout illinois and indiana that weekend shooting at 29 killingl wounding nine and killing two. jews, asians,úafrican americans, anyone whose race was different from his. how could this happen? this neo-nazi was not allowed to have a gun because he was subjected to a domestic vience rustraining order. he wen

not just from the hands of average americans, but for all americans. that dream was slipping away. and we had to, as good parents to go out and do what we could to take on that responsibility for our children and for children across this country. so we started out almost a year ago now in somerset, pennsylvania. and i told my story, our story of our family. my grandfather, who came to this country and worked in the coal mines. and my father who served this country in world war two. and talked about my stories and the stories of our families. after a while it became less about my stories and more about what kept us going were your stories. stories of people across america that we had the privilege of getting a chance to know and interact with. when you -- we travel around one such story was a guy named chuck who had a pick-up truck and joined our team. and drove us around in his dodge pick-up truck for months and did so as a volunteer because he believed that we provided the best opportunity to turn this country around. i met a lot of folks in iowa that i will nev

it was the quintessential american dream get a stable job buy a big house in the suburbs with a white picket fence and fill it with a couple of kids and maybe even a dog but these days the real american dream just maybe look like this. or this or even this it's all part of a growing trend in the u.s. known as the small house movement and it asks americans to do something that is quite an american who live within their means during recessionary times and tend to be more conservative and we tend to seek to reduce our costs and one of the ways to do that is seeking smaller home with a lower price associated with it since the one nine hundred fifty s. the size of the typical household has doubled the paradigm here in america has been . that bigger is better but in the last couple years that has proven to be not the case when the housing bubble burst it took with it the dreams and homes of millions of americans and left many families choosing between putting food on the table or paying for the roof over their heads and others looking for a better solution i think it's a better way to live

was slipping, not just from the hands of average americans, but for all americans, that that dreamas slipping away, and that we had to as good parents to go out and do what we could to take on that responsibility for our children and for children across this country, and so we started out almost a year ago now in somerset, pennsylvania, and i told, well, my story, our story of our family, and my grandfather, who came to this country and worked in the coal mines, my father that served our country in world war ii. as you have heard through the campaign, talked about my stories, stories of my families. after awhile, it became less about my stories and more about what kept us going were your stories, stories of people across america that we had the privilege of getting the chance to know and interact with us. when you travel around, one such guy was chuck, had a pickup truck, joined our team, drove us around in his dodge ram pickup for months on end, did so as a volunteer because he believed we provided the best opportunity to turn this country around. i met a lot of folks in iowa that

not just from the hands of average americans, but for all americans. that dreamlipping away. and we had to, as good parents to go out and do what we could to take on that responsibility for our children and for children across this country. so we started out almost a year ago now in somerset, pennsylvania. and i told my story, our story of our family. my grandfather, who came to this country and worked in the coal mines. and my father who served this country in world war two. and talked about my stories and the stories of our families. after a while it became less about my stories and more about what kept us going were your stories. stories of people across america that we had the privilege of getting a chance to know and interact with. when you -- we travel around one such story was a guy named chuck who had a pick-up truck and joined our team. and drove us around in his dodge pick-up truck for months and did so as a volunteer because he believed that we provided the best opportunity to turn this country around. i met a lot of folks in iowa that i will never for

ask about the american dream, polling on do you think the american dream say live and well, have yousort of disconnect betweenç wh people think about how much mobility this country has and what the actual facts of the matter are. i think our political culture has a way of reinforcing it. >> value in this irregardless of its truth. when you look at international survey data, asking people in different countries how much control they feel about their own -- >> interesting poll. >> believing you have more control over your fate causes peop people to work harder. woo i think it's important to recognize -- >> you're saying this is a useful delusion for the masses is what you're saying? >> it isn't a statement that's either true or false. >> sure. of course. >> people believing they have opportunity for social mobility has value. so does actually having the opportunity for social mobility, but i don't think we want to undermine -- >> respond and quick break, talk more about it after the break. [ gong ] strawberry banana! [ male announcer ] for a smoothie with real fruit plus veggie nutrit

. >> it seems to go against the american dream.hat is, if you work hard, take risks, you're honest and get out and create jobs, wealth, and that's the american dream. who doesn't want to be successful. he seems -- -- he seems to me to be attacking successful people in our nation and what has made america great. >> is he bullying? is he bullying people? serious question. >> bullied the supreme court, bullied the oil and gas industry, bullied you in oklahoma. >> absolutely. >> it seems to me he's bullying. >> no question, he has a mentality of entitlement, and some of us believe in the american dream as the good governor said. he believes in good government, centralized control, and i think it's going to be a thds -- an interesting debate going to fall. i believe welfare needs to go and the american dream needs to be revived and we'll see who wins the battle. i think we're -- with senator santorum stepping down, i think things are looking up. >> you are doing the exact opposite in oklahoma. you are doing it in maine. are you knocking

and that, to me, is what the american dream really is. the knowing that if you want to be... what you really, truly want to be, you can do that here in this country. you can go to school. you can get a job. you can be the best person that you can be. thank you. carol, come in. how are you doing, carol ? hi. hi, carol. hi, everybody. would you like something to eat ? no ! but i'd like to talk to you, victor, if you've got a minute. why don't we step into my office ? okay. katherine, it was wonderful seeing you again. please, say hello to bill and the kids. i will. thank you, mr. brashov. bye, carol. take care. bye-bye. thanks for helping out, katherine. anytime. well, i'd better get back to work. - see you guys later. - bye-bye. - see you. wait, katherine, let me walk you out. thanks. katherine ! i know exactly what you mean. when eva died, there were so many details to take care of... and papers to fill out. - my son's been very helpful. - i'm very glad of that. victor, there's something i'd like you to have. the greek islands are suppose

how costco is helping people achieve the american dream to read >> there's no crying in baseball.we think so. so what brought this little fan to tears? >> a cold front sweeping up winds in the bay area. moving out of town just a bit. still some showers outside. we'll talk about that and hopefully bring you some sunshine coming up .. >> i am tony tantillo lives at original joe's, although the restaurant has been here for a long time. we will make their s,,,,,,,,,,,, >> a couple of texas rangers fans pulled a major no-no at last night's game, keeping a foul ball from a young kid. everytime i see this it breaks my heart. the rangers first baseman threw a foul ball into the stands and the was the typical mad rush. >> and she is taking a picture with it! >> this couple left the boy next to them in tears. he did end up with a ball when someone from the organization saw what was going on and for one into the stands. now he is happy and smiling. and the couple is plain nice. >> the couple to their left off of the christmas card list. >> did you see that little kid holding his hand out wan

prosperity is what the american dream is all about. limitless opportunities to make the most of your life. your opportunities come from god and nature, not from government, and you can do what you want to be happy, however you define happy for yourself. that in a nut shell is the idea. my own family history is pretty and remarkable. the potatoes stopped growing in ireland. my family was in a class based society. they came over with the turn on their backs. -- shirt on their backs. they came to boston, worked the railroads until they had enough money scrape together to buy a farm. that ended up being in wisconsin. and they thought it looked just like ireland, so they bought the farm. then came winter, and they said oh, crap. and they had to make a go of it since then. the idea you could leave these class based societies and come to this country because of the idea of this country, we are the country that is formed not based on geography but based on an idea. and we always have to read- realize that idea. now more than ever, that idea is

then on july 2nd, 1999 our american dream became the american nightmare. rickey was gunned down in cold blood while he was jogging with our two youngest children ages eight and ten in our quiet neighborhood in illinois outside of chicago. i lost my husband and best friend, my three children lost a great father. rickey had been head basketball coach at northwestern and he had written a book about coaching your kids to be winners in the game of life. after coaching he committed his life to developing

to preserve the vessel that brought her father to his american dream. >>> i think if you he were here he would feel very very proud and now a generation later the vessel travelled a long voyage, the same way it got here with determination and and a dream sharing chance cbs five. and there will be felt farewell party in san francisco on april 27th and taiwan is set to host a welcoming party for the vessel when it arrives in june you can track the journey online to cbs sf dot com and click on news to find a link. >>> sunglasses, sun block any good, and a good caugh tuesday from work tomorrow. in neighborhoods that will top off near 90 degrees on friday,,,,,,, the evening to aliens did it by decree signed olive to 81 degrees in sonoma and right now we have a look into some fog and work its way to san francisco otherwise denied overnight will bottom out in the '40's and 50's will be relatively a mild evening with many clear skies except for a little bit of shallow father ran daily city backing. south san francisco to marron temperatures pop is going to feel the difference in near-rec

. >> as a governor, as an american, as someone who has fought for positive change, and the american dream for all of these years, can i not stand on the sidelines while the country i love stumbles further backwards. the past 12 years of pandering has insulted americans, who has been listening to their deafening cries for leadership? why have they lost vote to the degree they no longer see fit to even vote? is this the question i ask myself and the answers i set out to find. those of us who have the opportunity to enforce the electorate must once again look deep into the recessive amount of fortitude to both the good and the difficult answers that only truth can tell. we must seek this illusion, not the headlines, as we are fortunate and given god-given opportunities to serve our neighbors. this is the moment to rise with the counselor of conviction and to serve the country, the the sit zeps of these united states with the honor and the fortitude that our forefathers granted us. after many months of deliberation and hours and many, many hours of private thought and reflection on my commitm

owning a home is part of the american dream.ndent adam housley reports from arizona the dream turned into a nightmare for many people. >> paradise valley, arizona, may seem like paradise but take a closer look and you notice forsale signs are everywhere. like much of the country, folks here struggle with homes worth only half or even less than their original value. >> numerous people that i witness in this neighborhood that lost their house along with the cash. bad enough to move a house and get that on top of it. icing on the cake. >> recent data shows that 23% of americans owe more on the mortgage that the home is worth. in arizona, that number doubles with 50% of residents under water on their home. >> if the house is worth $3 million and somebody comes along and offers you $2.5 million, the question is do i really want to sell it for $2.5 million? i think it's worth more than $2.5 million. >> charles speros' home was once valued near $4 million. he has take an loss and the home is now on the market for $2.4 million. for many

that's -- that's at the heart of the american dream. and i can tell you as a parent now, when i see malia and sasha doing well, there's nothing more important to me. and that's true for american families everywhere. and it's the hope your parents have for you. that's the hope you'll have someday for your own kids. and keeping that promise alive is the defining issue of our time. i don't want this to be a country where a shrinking number of people are doing really, really well and a growing number are barely able to get by. i don't want that future for you, i don't want it for my daughters, i don't want it for america. [applause] i want this forever to be a country where everybody gets a fair shot. and everybody is doing their fair share. and everybody is playing by the same set of rules. that's the america i know, that's the america i love, and that's the america within our reach if we work for it. and this is personal for me. >> [from audience] i love you. >> i love you back. i love you guys and i believe in you guys. that's the most im

just an american dream.b, muhammad told us, and a better life for my family. we met the family earlier this month in a refugee camp in thailand. here they were getting lessons in american life. >> do you see any firewood here? >> reporter: muhammad's wife marved at an oven. >> we have hot water and cool water. >> reporter: in this mockup of a western-style home, many things that are routine in america seemed unknown here. >> please show me, how do you use that. >> reporter: muhammad came to this camp of 47,000 when he was just 15. there are more than a dozen of these camps along the burr ma border. some have been here for 30 years. they're safe havens for ethnic minorities who fled villages destroyed by burr meese soldiers. when i was in burr ma, he told us. burr meese soldiers discriminated against simple people like us. i just could not bear it anymore. muhammad told us that he cannot go back to burr ma and he can't find work in the camp. for him, the only option is to leave for good. since 2006 around 55,

american entrepreneurs find their small business american dream in china. >>> and forget about the easter bunny, this indianapolis entrepreneur found a niche that's hatching profits. you know, those farmers, those foragers, those fishermen.... for me, it's really about building this extraordinary community. american express is passionate about the same thing. they're one of those partners that i would really rely on whether it's finding new customers, or, a new location for my next restaurant. when we all come together, my restaurants, my partners, and the community amazing things happen. to me, that's the membership effect. >>> the pursuit of entrepreneurial opportunity has always been a part of seeking out the american dream. some small business owners have found it but in another part of the world. our friends at nbc's rock center recently travelled to china where small business owners from the u.s. are finding success. >> it can feel like cleveland, ohio. it can feel like san francisco. it can feel like terre haut, indiana. but in actuality you're in beijing, china, half a mile from t

. >> susie: diane, the american dream has always been to own your own home but it seems like a lot of people are backing away from that. is it more of a renter's park? >> no question about it it will be much more of a renter's market for some time to come. the demand for people to rent a home has gone up. everyone used to think if pashlgt renters and single family home buyers, now there's single family renters. they want... either previously lived in a home or maybe they're forced out so they're renting now. or their first time buyers that are afraid to buy or they can't buy. and so they're renting a home because they want the backyard for the dog and kids, they want the amen knees the neighborhood to go with single family homeownership but they can't do that so we'll see a whole new kind of renter out there renting single-family home as well as apartments. >> susie: okay, diane, thank you so much for your time. great talking to you. >> thank you. >> tom: diane was just telling susie many people are torn between whether they should rent or buy a home. not long ago, renting used to be