Fist Full Of Dollars!

Racial stereotypes are common within the Black community. Many conservative White males think of Blacks as natural born criminals. Many in the conservative/white supremacist bubble think Black men want to grow up to be rappers, athletes, drug dealers, thugs and "gubmint gibbs mes". The believe Black men are the inductees of the iron college (prison), or the pop skip (dead beat parent).

Many in the conservative/white supremacist bubble think of Black women as ugly, fat, ghetto, ignorant, attitude rousing, baby making factories who worship the penis and not the employer.

Besides the stereotypes, racial slurs come down the pipe. Blacks are referred as monkeys, primates, Niggers, coons, bootlips, Obama's children, enslaved to the Democrat plantation or whatever else coming out of the conservative/white supremacist bubble.

Mediaite brings to attention a controversial cover. The Bloomberg Businessweek magazine cover shows a Black family in a house full of money. Meenal Vamburkar uncovers this one.

She writes that Bloomberg Businessweek became part of its own story today — through its controversial cover. It wasn't long before the magazine was accused of crossing the line with a “racist” portrayal of the issue.

Now I am all for freedom of speech. But so far, my thoughts of how the media portrays the Black family and President Barack Obama overstepped its boundaries.

Of course you know the outrage is pretty big right now!

For those in the conservative/white supremacist bubble, this is just PC (political correctness) outrage over nothing. It's just those lefties and civil right agitators making a mountain out of a mole hill.

The Raw Story also reports that the cover depicts people of color with a house full of cash. The “father” is barefoot and leering, depicted as an African-American, leaning out a window to clutch at a stream of dollar bills. The “mother” figure has brown skin and cartoonish, oversized lips. Upstairs we see a black boy and a Hispanic teenage girl, each grotesquely caricatured and shown reclining on big piles of money. All of the characters are grabbing for money while talking on cell phones or Bluetooth devices. Even the family cat, floating on a pillow in a sea of money downstairs, is depicted as black.

According to the Columbia Journalism Review, the image reinforces race-blaming right wing tropes about the mortgage crisis. “The narrative of the crash on the right has been the blame-minority-borrowers line , sometimes via dog whistle, often via bullhorn,” wrote CJR’s Ryan Chittum.

“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.”

Rinku Sen, president of the Applied Research Center, a nonprofit dedicated to “racial justice through media, research and activism,” called the artwork “egregious,” “straightforwardly racist” and “an extreme take on the ‘freeloader’ image.”

Sen said that while many will feel the temptation to call for symbolic firings and to demand some sort of disciplinary action toward whatever editorial personnel let this drawing by, the judgment error on the magazine’s part presents an opportunity to the public.

“It’s upsetting,” she said, “but it’s a really good opportunity to have a discussion with Bloomberg News about how they understand racial dynamics in the economy and how they make editorial choices that have racial implications.”

“What’s sad about this cover is that it’s obsessed with perpetuating racial stereotypes rather than telling the truth. Greed did bring down the housing market but it was the rapaciousness of Wall Street rather than communities of color,” said Imara Jones, the economic justice contributor at Colorlines.com.

”As financial institutions, such as Bank of America and Wells Fargo have admitted to the Justice Department in court settlements, their predatory lending practices of steering credit worthy blacks and Latinos into bogus financial products is what collapsed our economic system. According to Wall Street itself, racism is what destroyed the American dream for millions.”

Bloomberg apologized for the cover.

The magazine is a part of the vast media empire created by Michael Bloomberg, the mayor of New York City. He was a Republican until 2007. He left the party and became an independent. Bloomberg endorsed President Barack Obama in the U.S. presidential election.