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Legal Commentary

: Discriminations

Dems Urge A Race-Based Bailout

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According to an article in The Hill yesterday,

High-ranking House Democrats are urging the Treasury Department to prop up minority-owned broadcasters suffering from a lack of capital and lost advertising revenue amid the economic slump.

House Majority Whip James Clyburn (D-S.C.) is leading an effort to convince Treasury Secretary Timothy Geithner to take ?decisive action? by extending credit to this sector of the broadcasting industry.

Clyburn and other senior members, including House Financial Services Committee Chairman Barney Frank (D-Mass.) and Ways and Means Committee Chairman Charles Rangel (D-N.Y.), argue that minority-owned broadcasters are sound businesses, but that the recession could undermine the government?s efforts to diversify the airwaves.

Not surprisingly, ?[a] number of members from the Congressional Black Caucus signed the letter, too.?

At this late date there is no reason to be surprised by yet another example of ?diversity? meaning nothing more than a racial spoils system urged by Democrats, operated by Democrats, for (black) Democrats.

UPDATE

For a hilarious discussion of a visit to the Disney World national meeting of the National Multicultural Business Conference, put on by DiversityBusiness.Com (the largest organization of ?diversity-owned businesses?), see Matt Labash?s article in The Weekly Standard, ?Where Everybody Is Disadvantaged: Postcards from the Diversity Follies.? (HatTip to, as usual, Roger Clegg)

Full post as published by Discriminations on May 20, 2009 (boomark / email).

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