INVESTORS BUSINESS DAILY-A RACIST "INVESTMENT" RAG?

The Investors Business Daily stakes out a position to the right of the Wall Street Journal. The Author has subscribed to the publication and found its editorial page to be little more than FREEP that has been spell-checked.

Its investment advice is about as elucidating, using the prehinsile technical charting methodology of "cup and saucer" and "plate and saucer" to recommend stocks.

Recently, its racist leanings have been spotlighed by the Southern Povery Law Law Center, a group that documents racism in America. Read what this group has to say about a recent "editorial" in the Investors Business Daily:


Last Friday, a highly conservative publication called Investor’s Business Daily (IBD) published an editorial on its website called “The Real Cost of Immigration” that previewed a report to be released today at the National Press Club — an analysis, as IBD noted, by one Edwin S. Rubenstein that is being published by The Social Contract journal. What IBD didn’t bother to tell its readers was the troubling truth about Rubenstein’s politics and those of his Michigan publisher.

According to IBD, Rubenstein’s report, “The Fiscal Impact of Immigration: An Analysis of the Costs to 15 Federal Departments and Agencies,” concludes that every immigrant to the United States costs taxpayers more than $9,000. That’s vastly more than other analyses have concluded, and no mention whatsoever is made of what most economists agree on —that immigrants, legal and otherwise, help grow the economy in ways that actually increase jobs for native Americans. But that’s no surprise, given where Rubenstein and his publisher are coming from.

The truth is that Rubenstein is a man who has written for years for a racist anti-immigration website called VDARE — short for Virginia Dare, said to be the first white child born in the New World. He also writes for the white supremacist National Policy Institute. Last spring, the institute released a report, prepared with Rubenstein’s help, that paints “a statistical and narrative portrait of the war on white America,” in the website’s words. Nicholas Stix’s introduction to the article describes the Supreme Court’s 1954 Brown vs. Board of Education ruling outlawing school segregation as “arguably the worse decision in the Court’s 216 year history.” He claims later civil rights legislation was unconstitutional. “[I]ntegration and the civil rights movement led directly to the destruction of great cities,” he concludes.

Rubenstein’s publisher has its own sordid story. Although you’d never know it from the IBD editorial, The Social Contract Press (which publishes The Social Contract, the journal where the new report appears) is well known for its racist publications. The press was started by nativist ideologue John Tanton and is run by his editor, Wayne Lutton, who has been on the board of advisors of the Council of Conservative Citizens, a hate group that describes blacks as “a retrograde species of humanity.” In 1994, Tanton republished an infamous racist novel, The Camp of the Saints, along with his wholehearted endorsement and a special afterword from its author saying “the proliferation of other races dooms our race, my race, to extinction.” The novel describes the “swarthy hordes” of Indian immigrants who take over France, send white women to “a whorehouse for Hindus,” and engage in a grotesque orgy of men, women and children. The immigrants are described as “monsters,” “grotesque little beggars from the streets of Calcutta,” and worse. Unconcerned, Tanton said he was “honored” to republish what he described as an important and “prescient” text.

None of this has stopped other websites from picking up on the IBD editorial. On Monday, it went up on the Money page of CNN’s website. It has been republished by the far-right Eagle Forum, on several nativist blogs, and the GOPUSA website. GOPUSA is a right-wing website that reportedly owns Talon News, the shady organization that credentialed Jeff Gannon (real name: Jeff Guckert) as a reporter who regularly attended White House news conferences. That ended in 2005, after Gannon’s links to gay escort service websites (where he was known as “Bulldog”) were exposed by liberal bloggers. Gannon had no real journalism background and, according to many reporters who attended White House briefings, seemed to be there simply to boost the Bush Administration and bash Democrats.

The editor of this blog contacted IBD Monday with some of these facts but no reply had been received as of today. Perhaps that should come as no surprise. After all, IBD since 2005 has been home to cartoonist Michael Ramirez, whose far-right views ended in his resignation from the L.A. Times despite his winning of the Pulitzer Prize. Among other things, Ramirez was known for a 1993 speech to the Council of Conservative Citizens, America’s largest hate group.

And now listen to what a sheet-wearing Alabama Konservative Kitizen added:

Blacks are a “retrograde species of humanity,” says the Council of Conservative Citizens? What did you do, go around to random people at our conferences until you found some obscure person to give you the juiciest quote? What one of our members may or may not say is far different than what one of our anointed spokespersons, who strive to keep the dialogue dignified, would say.

As for the New York Times article you sourced to ‘disprove’ Rubenstein’s report, it should be considered about as credible as the NYT articles that carried water for the Communists during the Cold War, distorted the situation of Southern race relations during the ‘civil rights’ movement, and continues to have an anti-American and anti-military bias as documented by Fox News and others.

As for your attacks of “white supremacy” against organizations that simply address issues relevant to White Americans, your double hypocrisy is historic! You defend the National Organization for the Advancement of Colored People or NAACP, which deals with issues of importance to Blacks and attacks Whitey as the source of all their ills. You work with La Raza (The Race, in Spanish) on immigration issues, but it doesn’t bother you that they’re an overtly racial organization that resents and seeks to eliminate everything upon which this country was founded. The SPLC and the anti-White organizations you work with oppose the Constitutional rights of Whites to speak against the invasion of our nation through our southern border, anti-White discrimination or affirmative action, the alarming drop in White birth rates that threaten to render us extinct, the assault on Christianity that we’ve experienced in the last fifty years, and the forced diversity that has ruined the quality of life for White children and for working class people of all races. To attack us for caring about these issues is anti-White and anti-Christian.

And for your assertion on the 1954 Brown v. Board of Education decision, no matter your view it was certainly flawed. The same Congress that passed the 14th Amendment to our Constitution mandated segregated schools in Washington, DC. Furthermore, the Supreme Court Justices even admitted that their primary deciding point was sociological experiments that had nothing to do with law or the Constitution.

THE INVESTORS BUSINESS DAILY LIES AT THE BOTTOMS OF ALL BIRD CAGES IN THE DESERT OF THE REAL!