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Detailed text transcripts for TV channel - CNN - 20100802:18:13:00

>> when you talk about lower earning levels for people, it also means lower levels of wealth creation. obviously those who earn more can put more aside, they can leave trust, they can pay for their kids education. as blacks are catching up, it is harder for them to catch up on the asset level. >> and weve lost ground. we made headway in the 1980s and in the 1990s. but this recession has pulled the rug out. weve seen home losses. were losing that opportunity. weve had a kick in the gut over the l...
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