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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: wlheatmoon who wrote (9268)8/8/2000 11:26:16 AM
From: LLCF  Respond to of 436258
 
<The rich are getting
richer, and the extremely rich are creaming the garden-variety plutocrats.
Wherever you live on the income curve, some of your neighbors are piling up
toys much faster than you.>

Ho ho.. so that's the real problem... others have more "stuff" than this guy!

<Part of the problem is a national trend: The share of the national income made
by the richest 5 percent of families has risen from about 15.6 percent in the
mid-seventies to more than 20 percent today>

Awe common, quite complaining... if the other 95% had just bought more CSCO!

I like this one from a debtors anonomys meeting:

This meeting turned out to be nothing but underearners. Like Lea, they felt they
just weren't letting themselves make as much money as they really needed and
truly merited. "I think tonight I am just going to say it," stammered one
handsome twentysomething young man, with shoulder-length dark hair and a
V-neck cashmere sweater. "I deserve to make $80,000 this year." Applause and
congratulations all around.

Ho ho ho... then there's this:

<What does it take to live like this? Her husband, an investment banker, brought
home more than $1 million last year, and, at another Wall Street firm, she made
about $500,000 before she quit. "Even if my husband is making over $1 million,
that's not much, you know, compared to a lot of our friends," Justine says.>

Living off the backs of clowns.

DAK



To: wlheatmoon who wrote (9268)8/8/2000 11:50:46 AM
From: MythMan  Respond to of 436258
 
to them it's reality. Different world there.



To: wlheatmoon who wrote (9268)8/8/2000 12:23:33 PM
From: chic_hearne  Read Replies (2) | Respond to of 436258
 
re: crazy people of NYC

It's a pretty simple concept, delayed gratification and compound interest. These morons need instant gratification and they do use compound interest, but against themselves.

I'm rolling in a bucket with 170K miles, but have enough cash in investments to buy 10 new cars. A year ago, my friends that graduated with me were rich in college off of $10K a year, now they are broke off of $50K a year, but have new cars and a nicer place to live.

I'm sorry, but I don't feel bad for any of these people. Most of them deserve to be exactly where they are at by either being naive, or just plain lacking any self control when it comes to money.

<end rant>

chic