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Originally Posted by Professor
NEW YORK (AP) —
James said Cristal put itself at serious risk of losing the new clientele because of the comments made by Frederic Rouzaud, the president and chief executive of Champagne Louis Roederer — a 230-year-old French company that makes the bubbly.
Rouzaud characterized Jay-Z's accusations as "unjust." Moreover, Rouzaud said, the company has been "a little bit dismayed at seeing our wine sprayed around in celebration instead of being savored in a glass," in reference to scenes in rap videos.
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My first thought at hearing this was
. While I can see where hip-hop has strong impacts on lifestyles and marketing, I also think that a company that has been around for over 200 years has, and can survive very well without hip-hop. I think Jay-Z may have overreacted a bit. Rouzaud's company does not owe Jay-Z anything. Jay-Z uses the champagne because of his choice.
I think this situation points to a bigger problem in the Black community. We are very good at buying things, but we seem to lag behind in developing our own industries. The money that we do earn leaves our communities because we don't re-invest in our own communites. Then we want to get mad at other people becaue we think it is their fault that we can't keep up with them.
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