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  1. #1
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    Reputation: bricoleur's Avatar
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    GET A BRAIN MORANS: BusinessWeek cover

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    I try to avoid the PC outrage genre, but--WTF BusinessWeek!?

    seriously?


    and it's not only the caricatured black characters on the cover, but--even more importantly--the completely dishonest, bullshit right-wing narrative of "durr hurr, teh poors blew up the economy!1!" that it plays into.




    A BusinessWeek cover crosses a line - Columbia Journalism Review


    Ryan Chittum
    February 28, 2013



    ...

    Compounding the first-glance problem with the image is the fact that race has been a key backdrop to the subprime crisis.

    The narrative of the crash on the right has been the blame-minority-borrowers line, sometimes via dog whistle, often via bullhorn.

    It’s a narrative that has, not coincidentally, dovetailed with “Obamaphone” baloney, the ACORN pseudo-scandal, and Southern politicians calling the first black president “food-stamp president,” and is meant to take the focus off the ultimate culprits: mortgage lenders with no scruples and the Wall Street banks who financed them.

    In fact, though, the record is clear: minorities were disproportionately targeted by predatory lending, which has always gone hand in hand with subprime. Even when they qualified for prime loans that similar-circumstance whites got, they were pushed into higher-interest subprimes.

    In other words, minority borrowers were disproportionately victimized in the bubble. But BusinessWeek here has them on the cover bathing in housing-ATM cash, implying that they’re going to create another bubble.

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    article continued here
    .....(there are plenty of examples linked in the original post)
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  2. #2
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  3. #3
    We're All Going To Die!!!
    Reputation: TerminatorX91's Avatar
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    What's the problem? That's just some diversity for you.

    According to Redfin my neighborhood in Los Angeles with all of it's craftsman style homes is the hottest real estate market in the country. Yeah there's a lot of flippin going on but it isn't the resident working class Latino population or blacks from some other part of town who doing the vast bulk of the buying.

  4. #4
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