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In fact, there are more homeowners today than ever before in the history of our Nation and more minority homeowners than ever before in the history of our Nation.

There are plenty of African-Americans in this country - and I would say this goes right up to the White House - who are not by any means poor, but are very much afflicted by white supremacy.

More Americans own their home than ever before. Nearly 70 percent of American's are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation's economy.

These days the American dream of home ownership has turned into a nightmare for millions of families. They wake every day to the reality of a horrible decline in the value of the home that has meant so much to them.

African Americans are one of the oldest ethnic groups in this country. We been here since the beginning. Before the beginning.

Home ownership is the cornerstone of a strong community.

I come from a family of domestics. I think most African-Americans of my age do. They were trusted by their bosses. I have met so many white people that spent more time with their nannies than they have with their own parents.

The lives of African-Americans in this country are characterized by violence for most of our history. Much of that violence, at least to some extent, you know, done by the very state that's supposed to protect them.