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      "Promise Zone" initiative offers new hope for L.A. neighborhood

      |President Barack Obama announced the establishment of "Promise Zones" in some of the nation's poorest communities. The plan calls for additional federal funds to be allocated to fight poverty, aid in education reform and create jobs. Some people, like Pico-Union, Calif.'s Willy Manjarrez, see the program as a way out. Ben Tracy reports.

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