Posts tagged Rich
Posts tagged Rich
I’ll respect your background if you respect mine.
There are some things I can’t abide today. This is one of them. This article is full of choice passages like this one:
"I want to stop lying about the suits I buy for my internship. I want to stop saying they are hand me down’s from my cousin. I want to be able to say thank you when I receive a compliment on them. I was taught that you should always dress for the job you want, not the job you have. I want to be taken seriously at my internship and look professional—and I have the resources to buy nice-looking suits and have my hair professionally highlighted.
I’m tired of justifying my address and the backlash I receive when I tell people I am a student and live in a high-rise apartment. I’m tired of the looks my doorman gives me when he hands me my package (of work clothes) delivered from J.Crew.
So stop making me feel like I’ve done something wrong. Stop making me feel like I am less deserving. I didn’t ask to be born into this kind of circumstance and I’m tired of being judged for it.”
Does she seriously not understand how much she is flaunting her privilege with this post? If this is how she talks to the poors in person, perhaps there’s a different reason people think she’s insufferable. Maybe it’s not the wealth. Maybe it’s regaling others with stories about how uncomfortable you feel making eye contact with your doorman when he brings you your packages of (work clothes) from J. Crew. And maybe your doorman gave you the stink eye because you didn’t tip like a lot of privileged douchecanoes.
I went shopping for (work clothes) at the thrift store. So thanks for implying that I’m somehow less than you because I’m not looking “professional” like you.
And the next time someone gives you a compliment? Just say “thank you” like you want. People don’t care where your suit came from unless they said, “Nice suit. Where did you get it?” Trust me, no one is expending that much mental energy worrying about where you — you special little snowflake, you — got your hair done or your suit. You are not the center of the universe.
Let’s pretend for a second you’re right, even though you’re not. Everyone is critiquing you on whether or not you are dressing for the job you want. Good news, snowflake! If you fail that critique, well, you can always order another round from your pal, J. Crew. Those of us without said resources get judged, too, and there isn’t a goddamn thing we can do about it except pretend it isn’t happening, smile, and move on. Because if someone is judging us for last season’s suit, there’s no way to fix that when the electric bill is overdue and the cupboards are empty.
I just can’t with this shit. Your parents worked hard. Good for them! Mine worked hard too, and they’re living on social security and a pension. Plenty of people are working hard RIGHT NOW and aren’t even able to put food on the table, i.e. a good portion of SNAP recipients who have full time jobs.
The tl;dr version? Maybe it’s not all of us. Maybe it’s you. And that’s the ultimate privilege — not having to look in the goddamn mirror and see what inane vanity it’s reflecting back.
Fixed that for you.
Mitt Romney, on Wednesday’s Today Show, discussing criticism of Wall Street and the rich. In other words, “Hey, poor people. Y’all are just jealous.”
Funny that. A Pew Poll released yesterday shows nearly two-thirds of the public (66%) believes there are “very strong” or “strong” conflicts between the rich and the poor—an increase of 19 percentage points since 2009. Also, participants identified the conflict between rich and poor as the largest, strong source of conflict in society:
If Romney is to be believed, at least two-thirds of Americans are just jealous.
A new Pew Research Center survey of 2,048 adults finds that about two-thirds of the public (66%) believes there are “very strong” or “strong” conflicts between the rich and the poor—an increase of 19 percentage points since 2009.
However, people’s perception of why the rich become rich has not changed much. Pew Research points out similar opinions to the ones below were found in 2008:
Pew uncovered one very interesting point:
The biggest increases in perceptions of class conflicts occurred among political liberals and Americans who say they are not affiliated with either major party. In each group the proportion who say there are major disagreements between rich and poor Americans increased by more than 20 percentage points since 2009.
Emphasis mine. Could this mean independents could be an even bigger influence than usual in 2012? And what does that mean for both parties? Maybe talking about jobs and the economy isn’t the worst move… The GOP’s constant denial of the existence of class warfare and incongruent insistence President Obama sparked it may also backfire.
Mitt Romney has been a dick since at least age nineteen. For reals. From The Daily Mail:
A newly-unearthed photograph showing Mitt Romney demonstrating in favour of the Vietnam War draft might leave the presidential candidate feeling somewhat embarrassed.
The veteran Republican, then 19, can be seen picketing an anti-war sit-in at Stanford University in Palo Alto, California, in 1966.
Romney received a draft exemption based upon his status as a “minister of religion” - basically, an exemption for having been a Mormon missionary. He received numerous deferments after that for educational reasons. Romney portrays his mission in Paris as a time of humbling poverty, but The Daily Telegraph has a different story:
The Republican presidential hopeful spent a significant portion of his 30-month mission in a Paris mansion described by fellow American missionaries to The Daily Telegraph as “palace”. It featured stained glass windows, chandeliers, and an extensive art collection and was staffed by two servants.
For most of 1968, Romney lived in the Mission Home, a 19th century neoclassical building in the French capital’s chic 16th arrondissement. “It was a house built by and for rich people,” said Richard Anderson, the son of the mission president at the time of Romney’s stay. Tearful as he described the house, Mr Anderson, 70, of Kaysville, Utah, said Romney aides had asked him not to speak publicly about their time together there.
Romney said of his French lodgings: “I don’t recall any of them having a refrigerator. We shopped before every meal”. Anderson said that as well as a refrigerator, the mansion had “a Spanish chef called Pardo and a house boy, who prepared lunch and supper five days a week”.
Romney added in his comments that “most of the apartments I lived in had no shower or bathtub”. He said: “If we were lucky, we actually bought a hose and we stuck it on the sink.” He said he was forced to use a hole in the ground and a bucket for a lavatory and said, “I lived in a way that people of lower middle income in France lived, and said to myself, ‘Wow, I sure am lucky to have been born in the United States of America.’”
Sounds rough, no? Perhaps it was this time of strife that led him to make his most recent housing decision:
It recently emerged that Mr Romney has plans to quadruple the size of his $12 million California home. The 64-year-old filed an application in San Diego, California, to bulldoze his 3,009-square-foot oceanfront mansion in La Jolla and replace it with an 11,062-square-foot property.
A campaign official said that the GOP hopeful was planning the expansion as the home he bought three years ago ‘is inadequate for their needs’.
Mitt Romney: Representing the 1% since 1966, lying about his poverty since at least 2011.
Sixty-two percent of Americans think the bill that raises the federal’s debt ceiling through the year 2013 and makes major cuts in government spending benefits the rich at the expense of the poor and middle class, according to a CNN/ORC poll released on Monday.
Only 27 percent say that the debt ceiling deal treats all classes fairly and 11 percent have no opinion.
The poll (PDF) also found that 47 percent of Americans rate the economy “pretty badly” and 28 percent rate it “very badly.” Only 23 percent think the economy is going “fairly well” and a meager 1 percent say it is going “very well.”
In other words, 62 percent of Americans are starting to realize something in the milk ain’t clean.
For thirty years, now, Republicans have been yammering about small government, deficits, the glories of the free market, and the incompetence and wastefulness of government.
It’s all been a big lie, part of a well funded and cleverly executed coup d’etat, designed to enable the ultra rich and corporations to literally take power out of the hands of government and money out of the pockets of individual citizens.
Democrats have either actively participated in the coup or watched in near silence. The press has been passively playing the part of a mute stenographer. The basis of this coup is simple – money has become the lingua franca of political power, eclipsing the vote.
They’ve just about pulled it off.
Flashback from February of this year. This is one of many, many warnings over the past few years.
For affluent Americans outraged by the fiscal and social consequences of tax cuts handed to them by President George W. Bush and recently extended for two more years, a trio of similarly dismayed academics has furnished a way for them to put their money where their mouth is.
Their new website, giveitbackforjobs.org, invites high-income Americans to calculate the value of their tax cut under the extension and then pledge to donate that money directly to charities that the site says encourage “fairness, economic growth, and a vibrant middle class.” The site doesn’t accept contributions directly, but links users to those charities.
The site has been engineered to offer Americans who view the tax cuts as misguided a means to personally direct dollars toward countering the effects, while also registering a protest for broad policies that have exacerbated economic inequality.
"It’s like civil disobedience," said Daniel Markovits, a professor at Yale Law School, and one of the three academics behind the initiative. "You’re not committing a crime, but the government says, ‘This is what you should give,’ and you’re saying, ‘No, I should give more.’"
This just made me happy.
The greater the disparity in wealth between the very rich and everyone else, the more unstable an economy becomes. Our nation has now created a larger gap in the distribution of wealth than the massive chasm that helped fuel the Great Depression. In 1928, one year before the global economic collapse, the wealthiest .001% of the U.S. population owned 892 times more than 90% of the nation’s citizens. Today, the top .001% of the U.S. population owns 976 times more than the entire bottom 90%. This is not sustainable, and makes for a very volatile economy. It would appear that the American empire is about to crash.
I’ve been saying this for awhile now…
A liberal uprising over House procedures on Thursday was delaying a final vote on a far-reaching tax compromise brokered by the White House and Republican leaders.
Dozens of Democrats were demanding an opportunity to cast a vote to change an estate tax provision they view as too generous for the wealthy without also approving the rest of the package as passed by the Senate. That package contains a two-year extension of George W. Bush administration tax policies that benefit families at all income levels, including the very wealthiest Americans.
Democrats have complained for years about those provisions and want an opportunity to vote against them.
Senior Democrats said the delay was unlikely to derail the package, which is intended to prevent tax rates from rising in January for virtually every household.
House leaders initially proposed adding a third vote that would have permitted liberals to vote for the amended version but then vote against sending it back to the Senate for further action.
But after huddling with Democratic leaders on the House floor, Rep. Peter A. DeFazio (D-Ore.) said liberals were pushing for a new and broader amendment that would include changes to the estate tax, substitute the president’s signature Making Work Pay tax credit for a two-percentage point reduction in the Social Security payroll tax and add a $250 bonus payment for Social Security recipients who are being denied a cost of living increase for the second year in a row.
And now they get a backbone? Well, better late than never…
Do not let Congress compromise with Obama. “The Compromise” is against everything the House Republican Leadership agreed to in the “Pledge to America.” This type of behind closed door politics is not what “We the People” voted for in November. Read more…
Sign Tea Party Patriots’ petition against “The Tax Deal” with Obama.
Don’t allow Congress to Compromise with Obama.
So this is a weird oppositeland… It’s now the “Obama Tax Compromise”
I think progressives should hijack this bitch and demand the removal of the Estate Tax compromise and capital gains compromise. Or something…
A protester throws a brick at the window of the Treasury building. London. Today
“It’s not our fault,” said the Republicans. “It was President Obama who wanted to compromise!”
Awesome. I’m right there in the less than $20k category. Of course, those in power classify me as “less than” on a regular basis, so this shouldn’t be a shock. Who says the class war doesn’t exist?
In fact, the only groups likely to face a tax increase are those near the bottom of the income scale — individuals who make less than $20,000 and families with earnings below $40,000.
To the wealthiest Americans, however, an assortment of breaks is available.
The plan includes a two-year “patch” for the alternative minimum tax, which is now paid by about 4 million taxpayers with income in the mid- to high six figures. Without the patch, more than 20 million additional taxpayers would have been liable for that tax.
The estate tax — which was allowed to lapse this year and was scheduled to resume at a rate of 55 percent on most assets above $1 million — will be reinstated under less onerous terms. Estates over $5 million will be subject to a 35 percent tax.
The proposal will also maintain the current rates on dividends and capital gains, averting scheduled increases to ordinary income and 20 percent, respectively.
The marginal tax rate on high incomes will also remain unchanged. The top brackets had been scheduled to increase to 36 percent and 39.6 percent, from 33 percent and 35 percent.
boo pee doo pee doo pee doo
So what we’ve got here is a possible tax increase on the very poorest Americans? Way to go.
Think of it this way. with out the wealthy people, none of the poor people get jobs.
so suck it.
First of all, you’re 14 years old. You don’t know shit about job creation or economics, for that matter. Second, the rich are good at one thing: getting rich. No one got rich by creating more jobs; rather they get richer the more jobs they eliminate or ship overseas. Don’t be an idiot.
In regards to chrisyack:
"The number of Americans making $50 million or more, the top income category in the data, fell from 131 in 2008 to 74 last year. But that’s only part of the story.
The average wage in this top category increased from $91.2 million in 2008 to an astonishing $518.8 million in 2009. That’s nearly $10 million in weekly pay!
You read that right. In the Great Recession year of 2009 (officially just the first half of the year), the average pay of the very highest-income Americans was more than five times their average wages and bonuses in 2008. And even though their numbers shrank by 43 percent, this group’s total compensation was 3.2 times larger in 2009 than in 2008, accounting for 0.6 percent of all pay. These 74 people made as much as the 19 million lowest-paid people in America, who constitute one in every eight workers.
In this era, the incomes of the vast majority have barely grown while incomes at the top have soared. Reaganism has trimmed the base of the income ladder while placing a much heavier weight on the top. Narrowing the base while adding weight to the apex does not make a stable structure.”