'This Week' Transcript: The Battle for the Constitution

MARTINEZ: Difficult problem. And I think what we need to do is to find a way in which Jose can contribute to this country. He wants to be an American. This is a great thing. This is Fourth of July. We need to talk about the fact that this is a country that people still yearn to come to. People love this country and when they come here, they get invested in America. They want to become Americans. Allow this man to become an American just like we've done with so many people who served in our military. You know, one of the moving things is to hear about ceremonies in Iraq and Afghanistan, on the Fourth of July where Americans who are there, not American, illegal immigrants who are now becoming Americans as a result of their service to our country.

So there's many ways to serve our country. Allow these people to serve. I think it would be to America's enrichment.

AMANPOUR: On that note, thank you all so much.

And when we return, struggling to save the American dream as Wall Street pulls in record profit Main Street tries to survive. And the gap between rich and poor grows even wider. We take you to one city that's fighting back.

(COMMERCIAL BREAK)

AMANPOUR: For millions of Americans, this year's Fourth of July will be bittersweet. In a gloomy economy, the great dreams of home ownership and financial solvency are slipping further and further out of reach. And cities like Pontiac Michigan are seeing a steady erosion of the middle class.

Now Pontiac is trying to fight back against increasingly difficult odds. Here's ABC's Jim Sciutto.

(BEGIN VIDEOTAPE)

JIM SCIUTTO, ABC NEWS CORRESPONDENT: At the shuttered GM site in Pontiac, Michigan padlocks outside, dead plants in the lobby, belongings left behind, everything but the people. It's a city full of empty monuments to its heyday: a truck plant now dark, and early 5,000 vacant homes, shops and businesses.

Today unemployment stands at 25% in Pontiac's once burgeoning middle class is, some fear, going the way of its namesake car.

Sam Carter Junior bought his house when he had a steady income and steady job.

SAM CARTER, JR: I got ten year in the company, so I'm thinking I'm going be there a while.

SCIUTTO: But in 2009, he lost his job and had to spend his entire 401(k) just to keep his house. When he did find work again after more than a year, his wages dropped to $11 from $16 an hour.

CARTER: I'm building a whole other retirement plan again.

SCIUTTO: Starting over at the age of....

CARTER: 50.

SCIUTTO: In what was once a vibrant city automaking city, the tall grass in the front yard is the tell tale sign. People who lost their jobs, then their houses. You see this up and down so many streets in Pontiac. And speak to the residents here, and they don't believe the jobs or their neighbors are ever coming back.

Francis Davis taught at a nearby charter school then she lost her job and her house.

You're a dedicated teacher, educated. Never thought this would happen?

FRANCIS DAVID: No, not at all. Not at all.

SCIUTTO: Out of work for two years now, she's interviewing for anything.

DAVIS: I have looked at people, you know, you're not working. There's a million jobs out here. It's really not easy. Not at all.

SCIUTTO: You looked at them in the past and say, you can get a job.

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