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Tuesday, March 17, 2015

Journalistic liars cost 8,000 households $250 million in Ferguson

I am sure Jonathan Capehart of the Washington Post felt warm and fuzzy when he posted, " ‘Hands up, don’t shoot’ was built on a lie."

Admitting his mistake is a start.

When will he pony up some money to help the 8,192 households in Ferguson, Missouri, recover the approximately $250 million in lost property values caused by his sloppy journalism and to be blunt, racism?

Jonathan Capehart is not alone in repeating this outrageous lie, of course, but before he pats himself on the back for finally admitting the truth, four months after the truth came out, how about some cash. This is a tort. Jonathan Capehart, Comcast (through MSNBC) and dozens of other news organizations made stacks of money by repeating a lie for months.

They should pay.

Ferguson, Missouri, was an inner suburb of St. Louis in August when the media began repeating the lie that Michael Brown, 18, was "hunted down" (to use the words of Comcast's Al Sharpton) by a racist white cop.

Today it is a shambles.

From Fusion:
The average selling price of a home in the city has been on a steady decline since the shooting of Brown last August, according to housing data compiled from MARIS, an information and statistics service for real estate agents. Prior to Brown’s death, the average home sold in 2014 was selling for $66,764. For the last three and a half months of the year, the average home sold for $36,168, a 46 percent decrease.
The trend has continued on through this year, with the average home selling for only $22,951 so far in 2015. Another negative indicator: in the eight and a half months leading up to Brown’s death, the average residential square foot in 2014 was selling for $45.82. In the eight and a half months since Brown’s passing, the average residential square foot in the city has sold for $24.11. That’s about a 47 percent downtick in one of real estate’s core indicators.
“This is not normal for the region,” says Crista Patton, a local REMAX real estate agent who helped get these numbers for Fusion. “Last time I pulled up numbers like this for a neighborhood around here, we were seeing the market going up,” she says. “In St. Louis in general, the market is going up, and as a whole it’s almost completely recovered from the recession.”
That is a loss of $30,000 per home for the 8,192 households of Ferguson -- or one quarter-billion dollars -- $250 million.

The Fusion story goes on to tell about the damage to businesses, who also have lost about half their vaue and I would imagine half their customers and half their revenues.

People like Jonathan Capehart did this because the news media is run by a bunch of college-educated liberals who take the word of black people over white people. Every time.

It is racist.

Black people now this and a few black people take advantage of it. Hence the lie that Michael Brown had his hands up when Officer Darren Wilson killed him. The only person who said that was Dorian Johnson, Brown's accomplice in walking out of a convenience store without paying for some cigars -- after pushing and threatening the store owner.

Despite knowing this was a lie in November, Jonathan Capehart waited till Monday to admit he repeated a lie for months on end. But instead of apologizing he rationalized it:
Now that black lives matter to everyone, it is imperative that we continue marching for and giving voice to those killed in racially charged incidents at the hands of police and others. But we must never allow ourselves to march under the banner of a false narrative on behalf of someone who would otherwise offend our sense of right and wrong. And when we discover that we have, we must acknowledge it, admit our error and keep on marching. That’s what I’ve done here..
A movement built on lies is doomed to failure. Eventually. Consider slavery and the post-Reconstruction South, which were both built on the lie of white supremacy.

But Jonathan Capehart rationalizes this lie as saying well, the white cops were not nice to black people, so all the rioting, looting, larceny and arson were justified.

Tell that to the 5,000 black households in Ferguson who just lost $30,000 in equity on their homes because of the lie he helped spread.

I knew it was a lie all along. I remember past lies of a similar nature from Tawana Brawley and Crystal Magnum. The NAACP has no credibility with me because of its legacy of spreading fear and through outrageous lies -- and its silence on black-on-black crime, particularly homicides.

The failure of so many journalists to do their job and double-check Dorian Johnson's cover story just cost approximately 5,000 black families in Ferguson, Missouri, roughly $150 million.

Black lives matter to me. But to guys like Al Sharpton and Jonathan Capehart, ratings and online hits matter more.


  1. As I said on Twitter last night, you know what that article doesn't say? That the Ferguson rioters rioted over a lie. That public outrage was misplaced. That the calmer heads who counseled patience were right. That >>conservatives<< who counseled patience were right. That there is value in due process. That due process is due to everyone, even cops. That the lie had very real deleterious consequences on Ferguson citizenry. That Capeheart was culpable for some of the damage done to Ferguson.

    Capeheart's "honesty" is a step in the right direction, but is woefully incomplete in its scope.

    1. The article also does not point out that obama, holder and sharpton (among others)were the cause!

  2. He admits he was wrong, but not that he was culpable. They never do.


  3. Will the last white person in Ferguson please turn the lights off? White flight has already begun. By the time Obama's and Holder's successors are in place, Ferguson will be a segregated black ghetto. Nice going, fellas.

  4. Uh, no. What has caused this is the light on the terrible practices of the Ferguson police (and courts).

    It's funny how small government people leaning ignore that...government making life hell for citizens.

    Does it excuse the riots? Hell no. But at the same time, it explains why no one would want to live in a place that is treated like a prison, where people are arrested simply for the city to make money...

    1. Thank you but you make no sense. The riots began because a 300-pound man attacked and grabbed an officers gun and was killed.
      "No one would want to live in a place that is treated like a prison" -- so move. It's that simple.

  5. It's the lie that still will not die

  6. To be fair, with Ferguson houses averaging only $66K even before August 9, a fact which even stunned me, a St. Louisan, (I know St. Louis has never been a sexy real estate market other than for historical properties), Ferguson was on a downhill slope even before all this. The main cause was its school district. All August 9 did was send it through the floor.

  7. Gotta be a enterprising lawfare firm to give the idea of journalistic malpractice class action lawfare a nudge. Bueller, anyone?

  8. Gotta be a enterprising lawfare firm to give the idea of journalistic malpractice class action lawfare a nudge. Bueller, anyone?

  9. Anyone who owned homes in Newark, NJ, Camden, NJ, South Central LA, Detroit, or maybe a dozen other areas that had rioting/arson knows this only too well.

  10. I got somethin' to say an' then I ain't gonna say no more. That white pig yonder took advantage of Michael Brown, an' if you fine fancy gentlemen don't wanta do nothin' about it then you're all white stinkin' cowards, stinkin' cowards, the lot of you. Your fancy airs don't come to nothin'—your due process and rule of law - it don't come to nothin', Mr. Finch,

    Jonathan Capehart gets a clue that he's no Atticus.

  11. True to form, the Progressives are congratulating Jonathan Capehart and themselves in the comment thread at the Washington Post, some of them in verses.

    Then they go on blaming conservatives for what happened.

  12. The demonstrators and rioters claimed that they were protesting against the shooting of Michael Brown. At the time none of them claimed they were protesting against discriminatory ticketing. Their narrative of the Michael Brown shooting was false. Their current fall back narrative is also false.....The journalists seemed eager to report anything detrimental to the Ferguson police and reluctant to report on the bad behavior of the demonstrators and Brown family. The bias was blatant.

  13. At least Capeheart finally admitted he was spreading a falsehood. By leftist standards that makes him a paragon of virtue. Have any of the dem congressmen who were doing the hands up dont shoot bit on the floor of congress ever admitted they were repeating a falsehood.

  14. It shows how warped Liberals are is what it does. Very simple.

  15. I'd take the $30K hit and be outta there in a flash