This issue wit Europe regarding the sovereign debt crisis is irksome. in particular in terms of the US response and more specifically, how urban radio has not taken charge to explain the impact of this on the lives of average african Americans. It as if the discussion of things that have no tangible impact on the lives and well-being of their listeners like a short marriage between celebrities or the alleged sexual sexcapades of a Herman Cain or a Jheri curled Atlanta minister with a propensity for sexting and wearing Toupee made of adolescent male pubic hairs.
There is no excuse for urban radio not too present these issues in discussion format when possible too their listening audience. From Frankski on his morning show in Atlanta to Al Sharpton, or Lorraine White to Tom Joiner, there are rarely attempts to deal with politics and the impending economic implosion in an erudite and astute manor. This is even more needed based on the toxic environment in Washington in which Neither President Obama nor the Congress are will to tell us the truth regarding how bad the US economy is and solutions are rare and disfunction is the way of the day.
Explaining to the general public the importance of what is occurring in Europe is essential if the average American citizen, in particular African Americans are to be prepared for what may be on the horizon. Instead, our radio talk show personalities only speak of politics as if they have to protect Obama more than the people he and Republicans are supposed to serve. We should be critical of his effort to send Treasury Secretary Timothy Geithner to Europe to tell them to deal with the debt situation urgently in a political fashion when he cannot do the same here at home.
The ongoing global financial crisis is serious and something that should discussed openly by all. First, this is more than a crisis. What we are seeing is a “full-fledged, irreversible and unsustainable Global Financial Collapse that, if not properly addressed, may bring down the whole global economy with it.”
It is a function of troubled banking practices ranging from fractional lending, usury compound interest, fraudulent derivatives, and creative accounting practices that prey on the middle and lower class and enrich corporatist who reign free without regulation. These cancers have resulted in the collapses of Bear Stearns, AIG, Merrill Lynch, Lehman Brothers and the bailouts of Goldman Sachs and CitiCorp among others.
These are complex issues and cannot be addressed, discussed or explained in a cursory manner. It is imperative that urban radio address these concerns in an objective fashion void of politics so that the consumer and average African American will be empowered to make informed political decisions. Protecting Obama from his detractors or discussion the alleged affairs of Eddie Long or Herman Cain or even the racial undertones of Newt Gingrich do not accomplish anything to serve the needs of a community most impacted by the down turn in the US Economy. WE have to address these issues or else do what we all have the tendency to do historically: be reactive instead of proactive,