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THE DISAPPEARING BLACK MIDDLE CLASS

by huckfunn ( 118 Comments › )
Filed under Academia, Barack Obama, Cult of Obama, Democratic Party, Economy, Misery Index, Politics, Progressives, Socialism, unemployment at July 12th, 2011 - 2:00 pm

While the recession of the past 3 years has taken a toll on all sectors of American society, none have been harder hit than the black middle class. All of the hope, change and free candy offered by the Barack Obama and Socialist Democrats (and preached as gospel by the State Run Media) has proved to be so much smoke in the wind for those who believed in such fantasies. The sub prime mortgage debacle, higher food and energy prices and unemployment have hit hardest against those who could afford it the least, namely the emerging black middle class. Many people thrust into home ownership by relaxed lending standards found out that there really was an expectation that the money lent them was to be paid back. The free candy wasn’t free. The glad tidings of great joy which heralded the coming of The Black Messiah were just cynical ploys to buy votes for the  false profit of failed socialism. Left wing wacko Princeton prof Cornel West has apparently lost his zeal for Teh One:

Some see a bitter irony in soaring black unemployment and the decline of the black middle class on the watch of the first black president.

“I thought Barack Obama could have provided some way out. But he lacks backbone,” Princeton Professor Cornel West told truthdig.com recently.

West said Obama sold out the poor to become “a black mascot of Wall Street oligarchs and a black puppet of corporate plutocrats. . . . I don’t think in good conscience I could tell anybody to vote for Obama.”

Read the whole thing here.

 

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