Where Wealth Lives "The top 1% of families, as measured by net worth, receive about 15% of income but own 30% of the nation's assets -- including stocks and bonds, homes, and closely held businesses. That's according to the Federal Reserve's Survey of Consumer Finances. The top 10% of families, as measured by net wealth, own 65% of assets, and the top 50% own a stunning 95% of assets..."
posted by kliuless
on Apr 10, 2004 -
This Amazing Software
changed my life...
Then they asked me how they could get it for themselves. Imagine if you had a way to achieve the wealth you've always wanted.
What if you could drift off to sleep knowing that happiness and good fortune was yours and it was as simple as clicking a button ?
SpellKaster is the exciting new software that uses the advanced power of Radionic Energy to make all of your dreams and desires come true.
[WARNING : RADIONIC ENERGY IS A POWERFUL FORCE. THIS SOFTWARE IS NOT TO BE USED FOR ANY MALICIOUS OR ILLEGAL PURPOSES.]
posted by azul
on Feb 4, 2004 -
Heinz Meanz Beanz:
Is America ready for a sassy, intelligent, outspoken, wilful, foul-mouthed, irreverent, garrulous, domineering, flamboyant, freethinking and utterly charming First Lady?* Portugal certainly is - as Teresa Heinz Kerry, born Teresa Simoes Ferreira, is Portuguese and it would be nice to have
a secret agent
such a close ally in the White House. But there's also a lot of hate about
. Do most American voters really take candidates' wives, husbands or partners into account?
*Heh. The "utterly charming" was added at the last minute when I realized that all these adjectives could apply to Hilary Clinton.
posted by MiguelCardoso
on Jan 26, 2004 -
Despite her boarding-school education and a personal tutor, Maude Bunn's SAT scores weren't high enough for a typical student to earn admission to Duke University.
But Ms. Bunn had something else going for her -- coffeemakers. Her Bunn forebears built a fortune on them and, with Duke hoping to woo her wealthy parents as donors, she was admitted.
Afterward, her parents promptly became co-chairmen of a Duke fund-raising effort aimed at other Duke parents. "My child was given a gift, she got in, and now I'm giving back," says Maude's mother, Cissy Bunn, who declines to say how much the family has contributed to the university.
posted by orange swan
on Apr 11, 2003 -
Soaking the Rich
This post probably won't be very well received in this forum which is mostly consisted of lefties, but can you really justify stealing such a disproportionate amount from the rich?
Conventional wisdom holds, correctly, that income inequality has been increasing in recent years, though it still isn't as great now as in some past periods. But while incomes are distributed unequally, the federal tax burden is distributed far more unequally.
posted by VeGiTo
on Apr 11, 2003 -
Millionaires' Havens, Heavens And Hell Holes:
Ghastly, depressing Monaco
comes in for a deserved drubbing from Philip Delves Broughton in this week's Spectator
. The idea of billionaires surfing the Web looking for a hide-out makes me giggle and gag, but it appears poor people can play too. Have a look at (free!) e-zine Escape From America
; run your index finger down a list
of tax havens
and choose the
you'd scarper off to, if your money problems, whether from excess or lack of money, ever become too [sorry...
posted by MiguelCardoso
on Nov 29, 2002 -
Beverly Hillbillies, Redux!
No... not a new movie, but a reality series under development by the shiny and shimmering Tiffany Network
. CBS scouts are scouring for a "rural, rustically telegenic" family to be whisked to a brand new home in Beverly Hills, and have a life of luxury bestowed upon them for a period of a year... cameras following them all the way. Crass exploitation of the poor when the gap between rich and poor gets larger and larger? Fun idea to see what happens when someone's dreams come true? Somewhere in the middle? What do people think?
posted by tittergrrl
on Aug 28, 2002 -
isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.
posted by the_0ne
on Apr 9, 2002 -
Wealth Spawns Corruption
economies could be more at risk from corruption than Liberal
ones. Ironically, wealth condensation poses the greatest danger to economies that impose constraints on the accumulation of great wealth - broadly speaking, Socialist
economies that maintain free and unrestricted trade are less susceptible.
posted by stbalbach
on Jan 28, 2002 -
America the Polarized
NYT's Paul Krugman says that Congress is polarized because Republicans have moved to the right, while Democrats have remained fairly constant. He (and a political scientist) attribute the change to economic polarization, the sharply widening inequality of income and wealth.
posted by pmurray63
on Jan 6, 2002 -
Eat the Rich
I just re-read this P.J. O'rourke book. I don't agree with all of P.J.'s conclusions, but I HIGHLY recommend you give this book a read if you find yourself thinking along "wealth is theft" lines.
posted by Leonard
on Nov 14, 2001 -
Rich to get richer
thanks to new technology.
The wealth of "high net-worth individuals" is set to leap by an annual 12 percent to $44.9 trillion by 2004 with technology windfalls pushing more people into the "ultra-rich" category, a Merrill Lynch and Gemini Consulting survey showed on Tuesday.
posted by sonofsamiam
on May 3, 2000 -