* “Although theChicago Tribune and theChicago Sun-Times
both looked at property tax increases across the city on Tuesday,
neither paper mentioned that across Chicago, black and Latino
neighborhoods will see the highest percentage hikes in their bills,”
“Four out of the five community areas with the highest percentage
increase – West Garfield Park, Fuller Park, Englewood and North
Lawndale – are predominantly black, according toThe Chicago Reporter’s analysis.”
* “The morass of mortgage foreclosures continues to climb its way up the Chicago area’s socioeconomic ladder,” theTribunereports.
“Once commonly viewed as a problem affecting low-income urban
neighborhoods, new data show the greatest percentage increases in
foreclosures are occurring not within the city of Chicago, where they
declined during the third quarter, but in the suburban collar counties,
which are using their limited means to help residents.”
* “Homeowners make the best of life in unfinished subdivisions,” theDaily Heraldreports.
Okay, so it’s tough all over. But no one channels yuppie angst like
the MSM. My God, how to cope? Cut back on that Starbucks! And if you
lose your job, remember: It’s not your fault. Not like the poor people
who are unemployed. Not like the blue-collar workers who lost their
jobs when this country’s manufacturing base disintegrated. That was
just economics. That was for the greater good. But my God, what’s wrong
when people don’t want to pay for crappy news?! Can’t they see theyneed irrelevant reports of random crime in order toknow what’s going on?!
I’m confused. Are we supposed to be sad that – as David Carrwrites in theNew York Times
– “while the business of business may be back, the business of covering
it with heroic narratives and upbeat glossy spreads most certainly is
I mean, isn’t that great news? Isn’t that kind of business coverage part of the problem?
“Business coverage has been, at its heart, aspirational, a brand
promise that suggests that if you clip the right articles, internalize
the right rhetoric, then you too will end up as one of the shiny, happy
people striding boldly across the pages of magazines with names likeFortune, Money, Fast Company andWired.”
In other words, business “journalists” have been the handmaidens to shysters and sharks, criminals and charlatans.
“But nobody is going to read, let alone aspire to, magazines calledMiddled, Outsourced, Left Behind andClobbered.”
Really? Put a dot-com behind each of those titles and try not to attract a readership.
“It’s as if American business has lost custody of its own story.”
But isn’t that the point of journalism? You wouldn’t want government in custody of its own story, would you?
Stop the madness, folks. Please. I can’t take much more of this.