Detailed text transcripts for TV channel - MSNBC - 20150829:17:47:00
You compare new orleans east with the lower ninth ward. how were people treated differently? >> it came down more to class. there was a program called rode home, $10 billion program in u.s. history but the formula was based on appraised value. the worth of the home at the time of kat kat rather than replacement value. basically a home in the white community was appraised at twice the worth of a home in in black community so everyone, lower income blacks, working class blacks, middle income blacks were left short. they didn't get enough money to rebuild so a program that was supposed to make pe...
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