Dept. Of Crocodile Tears: The Plight Of The Wealthy Pauper

Take a haircut b*tchces! Isn't that what they said the union workeers for the Big 3 should do?
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Phuck em, Phuck em all!

amen

And we're to assume they have only salary, no assets to dip into.
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We are not moved by this tale of woe. Maybe I can help, though… if anyone has the email address of one of these ‹‡°·‚*&^%#es I can forward a message I just got from an upstanding Nigerian banker who's looking for someone to receive "80, millions$"

Cry me a river.

So I suppose putting the kids in normal daycare and sending them to public school is not an option for these types? Along with not going out to resturants or shows to cut back on expenses. Oh wait, those are the choices that only we the peons have to live with. Sorry.

Apparently the GOP (and GOP-led-and-enabling "free" press) want the power to cut the wages of hundreds of thousands of auto workers making $40,000 a year, but the idea of capping a Wall Street CEO's salary at half a million dollars per annum upsets them terribly.
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Get over it!

maybe we should have cut their salary further, if they tried hard enough they might still be able to make their lifestyle work on 500,000
i want to see them at the very least cooking their own meals or something, might give them some perspective

Kind of semi-related is there is one reason right here why blue collar types don't buy papers much anymore. The target audience is the top 1% in income. They should have run a companion story on what the cuts at the big 3 are doing to the "lifestyle" of auto workers. The media at times can be so out of touch with what 70% of people live every day.

Here is your NYT companion article trifecta. http://www.nytimes.com/2009/02/10/us/10factory.html

That made me barf when it came out.

Here's what I propose: Wall Street execs get paid what they are worth. I call it "capitalism". And by "what they are worth", I mean what a well-informed shareholder, who isn't involved in quid pro quo compensation agreements or Good-Old-Boy social entanglements with the CEO, would pay for the executives' services.
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If that means they can afford to live the high life, so be it. If not, c'est la vie. Those who had foresight and aren't looking for a government handout? Go forth and prosper.
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Under the circumstances it is impossible to justify paying executives at any company receiving TARP funds more than $500K. Not because we should be punitive, but simply because anyone who ran their company into the ground isn't worth it. We aren't looking for brilliant visionaries. We are looking for competent bankers and bank managers. It shouldn't require more than half a million to fill the position.

The Borgen Project has some good info on the cost of addressing global poverty.

$30 billion: Annual shortfall to end world hunger.
$550 billion: U.S. Defense budget

In fairness, there are thousands of over-paid, unionized teachers all across America. Joe Klein can fill in the details.

How...So...Very...Sad...

http://www.political-buzz.com/

"Kind of semi-related is there is one reason right here why blue collar types don't buy papers much anymore."
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The NYT's Sunday Magazine advertises to about .0001 percent of its readers much less the population.

Boo Hoo indeed...

http://news.yahoo.com/s/ap/20090210/ap_on_bi_st_ma_re/wall_street

Skippy Obama declared that "doing nothing is not an option".

Guess what?

It IS an option, for those holding cash on the sidelines until this MOOP and his misfit cabinet of cult clowns either get their act together, or get bounced from office.

3 weeks in, and getting weaker every day.

Hillary must be laughing all the way to Lithuania.

Americans are crying all the way to the DNC's moral and financial bankruptcy.

Oh well.

TAX CHEATS HAPPEN.

So what's the deal with both a morgage and a Co-Op Fee? Anyone able to enlighten a young renter?

Take care of your kids yourself. Beg Auntie or grannie to help like the rest of us slugs have to.

After all those horrendous bills, what on earth will they have left to pay for food? For God's sake man, we must give them a living wage so they can feed their family!

I mean the private school is important, they can't associate with the children of the workers. If they put their children in public schools when they go to look for a job they will lose their specialness. I mean the major corporations check on that stuff, they have to have gone to the right schools to get into the right colleges. And they have to have gone to the right colleges to even be considered for a high paying job. This can't be allowed to happen!

And the mortgage and the co-op fees... egad!!! You want our captains of industry to live like paupers?

And the Nanny! We all know how important the Nanny's are. Especially the young attractive ones from foreign countries. Nature meant for the most powerful of society to have access to more than one female (or male). And the executive wife who's busy with her society things, is near getting a little long in the tooth ... so alternatives must be available until the right throphy wife replacement comes along. Nanny's are as important as breathing. $45,000 is a steal. Nanny's... after all man, it's the law of survival of the fittest! This law must be observed.

$269,000 gone out of $500,000, that leaves only 231,000. Two good vacations a year cost what? $25,000 each Total $50,000. And clothing The $3,000 suits and of course the wife must get her designer clothing and the kids can't go running around naked!(and we have to count the mistress'oops.. Nanny's clothing allowance) Total clothing budget $75,000. We are down to 131,000. And no food considerations, nor any kitchen help. I mean the kitchen help will be at least $50,000 per year. Food deduct another $20,000. Now we are down to only $61,000. And the good accountant to set up all the tax shelter's and to hide the income why he gotta cost what $10,000. If we can creatively keep the taxes to about $30,000, that leaves us $21,000... not even enough to get the new Lexus, nor are there any funds left for country club dues. nor the Knicks, Giants and Yankee's season tickets. And let's not even get into the high priced call girls budget(or boys)!

This can not stand! The Obama administration must be made to understand it takes $2,000,000 a year just to barely survive at the top level of American industry. Americans... write your congressmen, your Senators, your newspapers and call into your radio talk shows....and tell them we must not limit executive compensation. The American way of living is at risk!!! Oh yeah, please also tell them to increase the number of work permits for Swedish Nannys.

hehe, I wonder how much hate mail Allen Salkin has gotten from that article.

For some strange reason I don't feel sympathetic for the people making only $500,000 a year. I had to switch to a brand of cigarettes so cheap they probably don't even have carcinogens in them. $45,000 for nanny? Are they trying to tell us they don't know where to find an illegal to work for $15,000? If our elected representatives can find illegals, Wall Street executives can do it too. Hell, they don't even have to pretend their hired help have papers. They haven't even got to taxes yet? Do they pay them to begin with? This story has a boo hoo factor of about 1.

You know, we could solve all their problems by simply dragging them from their homes, hanging them and burning their homes to the ground. Their rotting corpses will feed the soil w/ needed nutrients, so we can all feel good about doing it. Or send them to job re-training programs. Not sure which.

A little bitter Cincinnatus? Think of the unemployeed Nannys(mistresses) you'll have. That cpoudl raise the unemployment roles 1% or more. And let's be frankly, none of us want to be out there in the job market competing against a hot Nanny.

@cincinnatus: That post was completely uncalled for. Why burn down a perfectly good house?

Bitter? Yes. Sacreh, we have an over supply of houses currently, and we need more farmable land. What these people could not contribute to society as members of the financial elite, they can now contribute as fertilizer. It's win-win people.