but sherm we're all in trouble. >> the housing crisis is not limited to any particular community. during the great depression, housing prices went peak to trough went down by 31%. so far this time housing prices have gone by by 33%, and they're still going down. we're not through that crisis. it's a huge crisis that affects everybody because as you say, it's the largest a set on the balance sheet of the average american family, and it's being wiped out! >> the implications of this politically, karl rove has written a piece saying 100,000 fewer votes from african- americans in north carolina could wipe away the gains the president needs. and hispanics in that same survey are the hardest hit group by the recession. and that comes at the same time they have the most -- the growth clout as a political force. will they be more politically engage next year and again the democrats -- >> pat, these statistics that we put you on the board on the wealth of blacks and whites are so worrisome that barack obama ought to put out a policy for black -- agenda for black americans. would than a bad