Segregations, by which I mean people living in a certain area, was a planned system. It was made that way. And what you have is a system in which people are there to be exploited. They're right there waiting for it. A community of people who've been denied wealth, denied wealth-building opportunities, are right there. And the banks went right after them.

[Donald Trump] went on to, you know, otherize Muslims, otherize Latinos, otherize women, that he built out from that. And it can be true that a unique, you know, individual like Barack Obama can succeed in spite of that and still be the case that that force is quite, quite strong.

What it is is that Barack Obama was raised by a white mother and two white grandparents who, A, told him he was black and that there was nothing wrong with being black.

[Grew up in Hawaii] that gave [Barack Obama] a kind of optimism, an ability to see things, you know, and frankly, an ability to trust, you know, in his fellow, you know, white countrymen in a way that I, for instance, you know, and the vast majority of black people I know never really could.

Never forget that we were enslaved in this country longer than we have been free. Never forget that for 250 years black people were born into chains-whole generations followed by more generations who knew nothing but chains.

Two hundred fifty years of slavery. Ninety years of Jim Crow. Sixty years of separate but equal. Thirty-five years of racist housing policy. Until we reckon with our compounding moral debts, America will never be whole.

It was a week after Donald Trump had won. And initially he was still optimistic. He felt that things would be OK ultimately. And I have to tell you, this is the area where, you know, I see, you know, some degree of contradiction. I mean, the president, you know, at one point when he was campaigning said I believe that Donald Trump was not qualified to run a 7-Eleven.