NYU Black Renaissance Noire Summer/Fall 2011 | Page 9

Paul Krugman, columnist for The New York Times, is among the economists who’ve challenged this suburban myth. (This is the Krugman who is treated as the leading economist of the white power shadow government; he’s had it in for Obama since the campaign when he called Obama supporters “a cult.” Another critic is Frank Rich the Imus supporter who now works at New York magazine. Constantly quoted by Obama detractors, Rich has called Obama “slippery”). 004-Essay-Ishmael-Reed.indd 7 And so the Tea Party, financed by some of the 2 percent—mostly oil companies whom Barack Obama would make pay taxes and end their subsidies, is based upon lies, hypocrisy and most of all racism. But left and liberal commentators are reluctant to classify them as such for fear of being accused of playing the race card. Such is the intimidation that the Tea Party uses against its adversaries that The New York Times columnist Joe Nocera had to apologize to the Tea Partiers for calling them “terrorists.” Standard & Poors, the credit rating agency cited Republican (Tea Party) intransigence five times on page 4 of its report, as its reason for lowering the United States’ credit rating from triple A to double A+, yet the line promoted by cnn on Sunday August 7 and msnbc, August 8 was that all were at fault. The white males, who still monopolize the airwaves and opinion pages, progressive, liberal, left and right, exclude the discussion of race when discussing the Tea Party. One of the reasons is because the producers, who are fond of making racist comments in private, are reluctant to tune out their angry white male customers with the discussions of race. This applies to the progressive as well as the mainstream media. The progressives, to the consternation of the blacks among them, still rank class above race, historically. They still long for the day when the white working class will join ranks with blacks, hispanics and other minorities and rise up against the Bosses, their version of the apocalypse. A mirage. This is why some progressives advocate an alliance with the Tea Party which they view as a working class uprising against Wall Street when the Tea Party in Congress was sent there to prevent liberals and progressives from taxing Wall Street and ending oil subsidies, which is why millions of dollars in Texas oil money are behind these pitiful saps. 7 This is a false claim and one that fits the Tea Party’s argument. Even The Wall Street Journal notes that sixty percent of blacks and hispanics were eligible for conventional loans, but were denied because of the racist practices of the mortgage industry, details of which were developed in an article by Tanya Dennis,” Banking While Black,” Oakland Post, August 3-9, 2011. Moreover, the state with the highest number of foreclosures was Nevada, a state with a small black population. BLACK RENAISSANCE NOIRE On August 9th, while casting blame for the downgrading of United States’ credit, cnn showed a huge picture of President Obama. (I was watching this cnn report while standing in line at the Kaiser pharmacy in Oakland.) Next to the picture of Obama, representing the executive department was a picture of the capitol building, but no photos of Grover Norquist, House Majority Leader, Eric Cantor, from Virginia, or Republican Speaker of House from Ohio, John Boehner, as though the only human responsible for the crisis was the president. (An elderly white woman who was in line behind me said, “Why don’t they leave him (Obama) alone?” A middle aged white man standing in front of me agreed with her that cnn was ambushing Obama.) John Chambers, head of s&p’s Sovereign Rating Committee, blamed the downgrading on Congress’s inability to raise the debt ceiling in a timely manner, yet the head mooner of the Tea Party, Michelle Bachmann, also blamed the financial crisis on Obama. 9/18/11 10:42 PM