Since the 1970s, the poverty rate has remained largely unchanged among Hispanics but has declined among non-Hispanic whites and blacks, particularly before the onset of the recent recession. The influx of large numbers of immigrants partially explains why poverty rates have not fallen over time...

The low-income housing tax credit (LIHTC) program has developed over two million rental homes for low-income households since 1986. The perception of deterioration in school quality has been a main reason for community opposition to LIHTC projects in middle-and upper-income areas. In this paper,...

Remarks at the University of Texas Southwestern Medical Center commencement, Dallas, Texas, June 2, 2007 ; "...True success comes to those who best put their talents in context and who connect a substantial intellect to an equally developed emotional capacity. Those of us who lead cerebral lives...

Delivered to the North Dallas Chamber of Commerce Seventh Annual Real Estate Symposium, Dallas, Texas, September 24, 2007. ; "The vital capital stock of our modern economy is not our buildings or our factories or our farms. It is our brains. It is our ability to conjure new and better ideas,...

Remarks before a Federal Reserve Bank of Dallas Community Luncheon, Laredo, Texas, September 10, 2007. ; "It is fair to say that I am encouraged by what I have heard against a background of constant negative speculation and the occasional discordant note, such as last week's employment numbers....

"You need to dream of big things. But dreaming will not suffice. To succeed, you must work. If you are willing to work hard, you will achieve your goals. That is all you need to remember of this graduation speech." ; Commencement Address to Admiral Farragut Academy, St. Petersburg, Florida, May...

"While it seems pretty clear that economic momentum is slowing, the jury is out on whether lesser momentum will be sufficient to translate into relief on the price front over the intermediate to longer term. In East Texas parlance, 'It might could but it mightn't'; it most definitely has not...

Harlingen, Texas, February 16, 2007 ; "We learned the values of camaraderie and esprit de corps, and that semper fidelis was more than a slogan. Being faithful to your country, your mission and your potential is reward in itself."