President Obama on MAD: Racial Stereotype or Fair Satire?

It's a mad, mad world and leave it to the folks at MAD magazine to capture the challenges President Barack Obama will face—not in his first 100 days, but in Obama's first 100 minutes. While funny in a sad way, the question persists: does the MadObamaCovercaricature of President Obama on the cover of Mad represent a racial slur? Or is it fair political satire?
After all, Obama is depicted with bulging eyes and thick lips—which are hurtful racial stereotypes according to Whoopi Goldberg on ABC's the View, at least that was her accusation when she was busy blasting our Obama Waffles.
Where's the outcry, Whoopi? Why aren't you offended by the exaggerated characteristics of Obama on the MAD cover? Or, are you cool with bulging eyes and Mad Obama Cover2thick lips as long as they're not on a box of waffle mix lampooning the waffling of your candidate?

It's not the first time Barack H. Obama made MAD. Obama was featured on the September 2008 cover. That time around, MAD depicted him with their famous exaggerated Alfred E. Newman ears treatment. Interestingly, there hasn't been a peep of protest from the left after either edition hit the streets. Can you say "Double Standard"?
January 28, 2009 by Obama Daily Waffles