If You Think YOU Are Doing It Tough, Spare A Thought For THIS Guy...
September 25th 2008 06:06
Are you one of the many people wondering how and when the Wall Street schmozzle is going to hit you? You may be wondering if you will you be one of the thousands who loses their jobs? How you are going to make your mortgage repayments? Will your small business suffer? Will you be able to afford new clothes for your rapidly growing kids? Can you afford to keep studying? How will pay back your student loans? How are you going to pay the rent if you can't find a new job?
All I can say to that is, quit your goddamn whingeing! Don't you know there are people out there with real problems? Don't you know that the Wall Street crisis means that "the gilded age is over"? So says Holly Peterson, wife of a multi-millionaire investment banker and daughter of multi-billionaire, yes that's multi-billionaire, financier Pete Peterson.
So what does this mean exactly? Well, it means the super duper rich are doing it tough too. No really, please spare a thought and a a minute's silence if you will. According to Wall Street Journal reporter, Robert Frank,
A lot of those people will have to sell their homes, they're going to cut back on the private jets and the vacations. They may even have to take their kids out of private school...It's a total reworking of their lifestyle.
Oh Frank, stop it. Please. You are breaking my heart.
Alas, unflinching journalist that he is, Frank continues in his gloomy analysis, for the truth must be told, no matter how disheartening:
It's going to be very hard psychologically for these people...I talked to one guy who had to give up his private jet recently. And he said of all the trials in his life, giving that up was the hardest thing he's ever done.
Words? Where are you? I need you know, more than ever. Please...don't...fail...me...
Okay. Let's look at this critically. yes, some of the unspeakably rich people's lives are going to change. Doubtless, they are accustomed to a certain to a certain way of living and we all know human beings don't deal well with change (there is a reason John Howard was our Prime Minister for twelve years), but this is still one of the most insulting pieces of writing I have ever read.
Is Wall Street that out of touch with reality, that in a time of financial crisis where predictions of another Depression are coming thick and fast, where people are losing their jobs by the thousands, where we are left wondering how our superannuation is going to be affected, where we know full well that some of us are going to lose everything, where the President of the USA comes out of some sort self-imposed exile to finally speak on the crisis and asks tax payers to be happy about shelling out 700 billion dollars to save Wall Street's hide when Wall Street wouldn't spit on the average taxpayer if they were burning in the street, in this very time, a journalist is seriously asking us to consider how psychologically damaging it is going to be on a billionaire to give up his private jet?
What an insult to humanity.
-Ruby
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Comment by TimmyH
Tech News
Can you HACK it?
Genyration
Comment by Morgan Bell
Science News
Deep Pencil
Business News
Movie Train
that is outrageous!
next someone will tell them they cant cant hunt homeless people for sport in Central Park!
what is the world coming to . . .
Comment by RubySoho
Music Zone
Thought Zone
Comment by Mr Nice Guy
Pop Culturist
Pop Rock Factory
Be damned if I'm going to give up my jet for anyone . . .
Don't they know I've worked hard screwing people to get where I am today?
How can we justify a $700 billion bail out from a country which says it can't afford a national health cover system for its people?
Ask these high flyers if - in order to save their banks, businesses and multi-national corps - they would work for the same wages as the office boy - and I suggest I know what the answer would be.
I only wish the same reasoning and assistance would apply to other sections of the economy like farmers.
Gordon Gecko where are you?
Stay well.
Comment by Kleonaptra
Kalikapsychosis
Once when Johnny was still in power and spouting his bullshit getting driven around with fuel we pay for, I ranted that he should live a week - just one - on my budget. Id just love to see the look on his face when we get to pasta night. Yeah, we cant all afford steak every night, mate!
And it reminds me of that south park episode where they talk about music downloads killing the industry. Great work in that episode.
But man, when a guy has to give up his own private jet, you just know the worlds going downhill....
Id like to shove that jet down his throat. While your crying your eyes out on that runway dude, watching that jet take off, thinking to yourself, "I hope they look after her and give her the right gas" (While Im hoping they trash it and crash it in a safe location) You just think of little Kleo and Ruby, and how much they'd like a jet of their very own too. What an asshole.
Comment by Cass
Well said! Next they'll be complaining about losing their Prada.
Comment by Jeff Musall
Comment by Morgan Bell
Science News
Deep Pencil
Business News
Movie Train