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Is This Bloomberg Businessweek Cover Racist? (They’ve Apologized for It)

Feb. 28, 2013 1:55pm Becket Adams

Analysts in recent weeks have breathlessly reported that the housing market is on the rise.

You know what that means, right?

For some, it means that with a rebound in the housing industry will mean a rebound in the mortgage business — and predatory lending (i.e. mortgages being aggressively pushed on low-income, low-credit customers).

At Bloomberg Businessweek, this is what it would look like:

“Flips. No-look bids. 300 percent returns. What could possibly go wrong?” the magazine asks.

Unsurprisingly, illustrator Andres Guzman’s cover did not go over well and Bloomberg has since issued an apology.

“Our cover illustration last week got strong reactions, which we regret,” Bloomberg editor Josh Tyrangiel wrote in a statement sent to POLITICO. ”Our intention was not to incite or offend. If we had to do it over again we’d do it differently.”

Thoughts? Do you think Bloomberg overstepped a few boundaries here?

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Comments (81)

Tlc3Terry
Posted on February 28, 2013 at 2:33pm
Lol No you guys dont see it???
Take another look at it! It looks like its supposed tp be our Master O and Muchelle and their two daughters and what their living like in the white house! But instead of the white house they made it look like a regular and were having a housing boom! So what could go wrong with that?

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- The_Jerk
  Posted on February 28, 2013 at 2:46pm
  Must be said again. Bloomberg, another cultural changing, tradition destroying, I want to rule your life Jewish progressive. Must keep the masses divided. Where are ya Mick?
  
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- 13th Imam
  Posted on February 28, 2013 at 3:38pm
  It must be said again, and again and again and again and again and again and again and again and again and again and again and again and again and again and again.
  
  Report this comment
- AvengerK
  Posted on February 28, 2013 at 3:45pm
  You should have been a liberal JERK the way you stay on message so obsessively. Heck..join the Obama campaign you’re perfect for it.
  
  Report this comment
- The_Jerk
  Posted on February 28, 2013 at 4:21pm
  If you’re not aware of correlations you’ll never find the cause. Purposefully ignorant solves nothing.
  
  Report this comment
Xanderson
Posted on February 28, 2013 at 2:31pm
All four characters in this cartoon are equally hideous so it seems fair.

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- shorelineliz
  Posted on February 28, 2013 at 2:38pm
  It is indeed racist. You got a white chick, a sexy Hispanic chick, a Black Kid and a Black adult male. Where is the gay guy and the white butch lesbian? So racist and homophobe!
  
  Report this comment
- shorelineliz
  Posted on February 28, 2013 at 2:43pm
  Did I say “racist?” My bad! I meant it wasn’t INCLUSIVE or DIVERSE and didn’t even represent the Transgender community or the gay, or the butch white lesbian, and there were no OLD people, so it didn’t represent any Old people and where are the ASians? In the future these types of ads need to include:
  1. one gay male like, a, uh, a designer or someone famous
  2. one white butch lesbian chick with a jackhammer and helmet
  3. one asian
  4. one hispanic
  5. one old person
  6. one younger white woman like a Kardashian
  7. one unicorn
  8. one bird since the cat and dog is not inclusive
  9. one Native American…..forgot the original people! How awful!
  
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- 13th Imam
  Posted on February 28, 2013 at 4:06pm
  Hey Liz
  
  You notice that there are no old white guys? You know, the ones that cause ALL America’s woes. And if he happens to be Jewish, the Jerk will be all in.
  
  Sarc (for those from Rio Linda)
  
  Report this comment
- AbrahamsSheepdog
  Posted on February 28, 2013 at 4:32pm
  It’s him her and kids twisted style. Funny kinda but so true, yuck SO disgusting what they have done to the USA.
  
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- Evolved
  Posted on February 28, 2013 at 7:47pm
  @shore. You’re a bit-ch.
  
  Report this comment
moreteaplease
Posted on February 28, 2013 at 2:30pm
”Our intention was not to incite or offend. If we had to do it over again we’d do it differently.”
———————————–
” We would use white people.”

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- USAMama
  Posted on February 28, 2013 at 2:42pm
  My thoughts exactly!! They want all races to be equally represented……. unless its offensive or unflattering. Then they darn well better be white!!
  
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- shorelineliz
  Posted on February 28, 2013 at 3:07pm
  Yup. They would be all white. All old white GOP farts. With the names of their Wall Street Brokerage firms stenciled somewhere. Or they would be all white conservative Corporate types. or all FOX newscasters like O’Reilly and Hannity and Rove and anyone else they can find to vilify because as we all know that nobody who is a Democrat or associated with Soros or ACORN could possibly be cleaning up from the housing market, right? Only rich white fat old GOP pigs and Wall Street traders and brokerage houses, right? Republicans are all white, fat and rich. Democrats are all black, brown, poor and oppressed. If you believe that I have some waterfront property in Arizona to sell you cheap!
  
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progressiveslayer
Posted on February 28, 2013 at 2:26pm
You try and compliment blacks by saying they’re participating in the housing boom and get called a racist,WTF? I know I know there’s no housing boom it’s all artificially propped up by the government,that’s the point of the pic.

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- obamasacommie
  Posted on February 28, 2013 at 2:50pm
  If you dont include minorities in any ad photo you are racist. If you show minorities in a negative light then you are racist. This just proves my point about how whiney minorities and that these claims of racism mean nothing. I for one am tired of every criminal on TV is white and every student or businessman is a minority. Lets be honest white men are not the demons were made out to be but it’s the only way to get the crybaby minorities to stfu. The worst offenders are Mexicans who act as though they are victims of white hatred. There is no such thing but these marxist dems have sold the idea to them they can get their way as long as they play ball and they do. The obvious truth is that minorities are much more likely to commit crimes as well as abuse the welfare system expecially when you consider they are by definition minorities and make up a smaller number of society yet have a higher number of the problems. It’s not whitey people it’s a matter of responsiblity and a sense of entitlement coupled with a serious lack of pride. I know that whites are just as likely to have these same problems. The problem is we get the blame for everything while as a percentage the least likely to be the offenders.
  
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The-Monk
Posted on February 28, 2013 at 2:19pm
It must be OK because there are no 32oz sodas in the artwork…

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- RLTW
  Posted on February 28, 2013 at 2:29pm
  No, but I think I saw a 40oncer of old English 800.
  
  Report this comment
- Gonzo
  Posted on February 28, 2013 at 2:36pm
  …and a pack of Kool menthols.
  
  Report this comment
- msjoe43
  Posted on February 28, 2013 at 2:49pm
  MD 20/20
  Thunderbird
  
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BenInNY
Posted on February 28, 2013 at 2:18pm
Without the headline in this article I never would’ve even noticed the races of the characters.

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Englentine
Posted on February 28, 2013 at 2:18pm
I don’t see it

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afishfarted
Posted on February 28, 2013 at 2:17pm
the truth sucks, don’t it. I can’t stand Bloomberg, but the cover reflects the housing sub-prime mortage of the past, and it will target the same underclass.

But we’re not supposed to talk about that, are we

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toto
Posted on February 28, 2013 at 2:17pm
The truth hurts, but it doesn’t mean that it isn’t the truth. The fact that government (DEMOCRATS) are going to do the same thing all over again is just mind boggling and dumb citizens of America are CLUELESS.

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Horsewithnoname
Posted on February 28, 2013 at 2:17pm
The same folks would complain if all the characters were white males. If you wish to be seen a part of society, you have to get used to being portrayed an various manners, not all are going to be glossy or pretty depictions. Maybe ‘they’ did;nt like hat the black figures had big lips, well, I’m black, and guess what? most of us DO have big lips. Lighten up. Plus, did;nt those housing deals mostly benefit minorities anyway? Did Janet The Reno force banks to lend out money to unqualified way back in Clinton’s day? This has been going on for a while. I thought the cartoon, and yes, it’s a cartoon, not a portrait. I liked the way it was done.

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Runt_Caustas
Posted on February 28, 2013 at 2:15pm
It just makes everyone look like an idiot.

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CWPrequired
Posted on February 28, 2013 at 2:15pm
I always see black guys with fat white chicks, what’s racist about that?

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herculesmom
Posted on February 28, 2013 at 2:13pm
Nope, speaks the truth! Where I live the only ones able to afford (buy) houses are the Mexicans. Their the only ones with jobs! Look at the road crews 15-20 Mexican’s and maybe 1 black man and maybe 1 white. Go to a McDonald’s manager maybe black or white but the rest is middle aged Mexican women. The new face of America!!

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- glennpatstu
  Posted on February 28, 2013 at 3:14pm
  [x] obsessed with race
  [ ] not obsessed with race.
  
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SpankDaMonkey
Posted on February 28, 2013 at 2:13pm
.
I always wondered what Welfare Queen Shirley Q Liquor’s house looked like……

And if you don’t know Shirley Q Liquor do a web search she is LMAO funny……..

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- kaydeebeau
  Posted on February 28, 2013 at 2:33pm
  We just started getting the Michael Barry Show in my area a few months ago – Shirley is on there all the time – quite funny
  
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woodyee
Posted on February 28, 2013 at 2:13pm
The girl on the 2nd floor-right, reminds me of EBT Girl – https://www.youtube.com/watch?v=luo40WjBKWI

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- Horsewithnoname
  Posted on February 28, 2013 at 2:32pm
  I had forgotten all about her! She is both entertaining (adults only!) and disgusting because her satire is based on well known truths. The girl is indeed a Ghetto Dweller, but, I have to say, she has talent. Too bad her natural talents are likely to be wasted in Low Info Cat and Mouse games with Uncle Sam.
  
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tonypro
Posted on February 28, 2013 at 2:12pm
Amazes me how idiots like this hold ANY type of office.

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- tonypro
  Posted on February 28, 2013 at 2:19pm
  Guess the bloomberg title cross shorted my brain, :-)
  
  Principle is the same though, lame stream media are still a bunch of idiots.
  
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Margyt
Posted on February 28, 2013 at 2:11pm
Yes. Disgusting and tone-deaf. The message is right minus the racial stereotyping.

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hillybeans
Posted on February 28, 2013 at 2:11pm
Seems ok.

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Swamp_Hunter
Posted on February 28, 2013 at 2:09pm
Good grief… How many races to people expect to see in one house? Raaaaaaycist! Whatever… SMH

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SamIamTwo
Posted on February 28, 2013 at 2:06pm
There is not one white person represented in that pic. LOL

Did you know that USDA is handing out NO DOWN PAYMENT MTG loans if you buy a home in the country? They have been doing that for some time and no one says boo about squat.

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kaydeebeau
Posted on February 28, 2013 at 2:06pm
I guess since I am not a racist I can’t see the racism in the cover….Can someone explain what is racist about it ? I don’t get it

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- SamIamTwo
  Posted on February 28, 2013 at 2:09pm
  Seems to be more of a satire. A reference to the past. That is when I read the lines at the bottom of the pic.
  
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- kaydeebeau
  Posted on February 28, 2013 at 2:34pm
  I still don’t get it
  
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- Beltfeed
  Posted on February 28, 2013 at 2:59pm
  Sorry I got some news for you if you read the Blaze that make you a racist.
  
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civilwarcometh
Posted on February 28, 2013 at 2:02pm
Looks correct to me.. Can you guess without looking who it is? I sure did. http://www.wnd.com/2013/02/muslim-congressman-was-farrakhan-spokesman/

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UNALIEN
Posted on February 28, 2013 at 2:02pm
everything is racists if your are contextually indiscriminate aka not reasoned

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woodyee
Posted on February 28, 2013 at 2:02pm
No.

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gyro
Posted on February 28, 2013 at 1:59pm
no

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