On Tuesday night’s episode of The Ed Show, host Ed Schultz asked NAACP president and CEO Ben Jealous if he agreed America was in recession because “there are maybe some institutions on Wall Street that do not want to see a black president succeed?” Jealous, to his credit, disagreed. (You can watch the question at 4:52 in this video. N.B. how Jealous’s mouth involuntarily contorts into an Elvis lip-sneer when Ed launches into Louis Farrakhan territory.)
Ed Schultz: “Mr. Jealous, I’m going ask you a direct question here tonight, and it has not been talked about in the media, but I’ve thought about this in recent weeks, because the credit should not be this tight as much as the American taxpayer has done for Wall Street: Do you think that there are maybe some institutions on Wall Street that do not want to see a black president succeed, and that’s why the money is tight?”
Ben Jealous: “I don’t think that’s the case. I don’t think that’s the case. I don’t subscribe to those theories…We’ve got to stop focusing on race, start focusing on reality, which is all of us are hurting.”
What a theory: Wall Street has lost billions of dollars in wealth to spite the president. Good thinking, Ed!
This rebuttal of a theory Schultz admitting thinking about for “weeks” is no small story, coming from the organization that blamed George W. Bush for James Byrd’s murder, and that is headed by Julian Bond, who wrote a comic book in 1967 presenting Ho Chi Minh as a freedom fighter and comparing the Viet Cong to colonial Minutemen.
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