The Wealthy Are Very Upset That People Are Angry. Oh, Stop Your Sobbing.
Does anything illustrate a bubble some people live in better than this New York Times column?
BEATING up on a wealthy seems to be a order of day. I suspected that. But a recent Wealth Matters column touched a particularly raw nerve. It looked at how even people with sizable fortunes were concerned about money in this recession & a impact that could have on a rest of us.
Readers rejected a attempt to underst& a concerns of a rich.
“That’s so stupid that you ought to be slDrunk Newsped for it,” one woman wrote. My favorite began: “Bowties & Reaganomics are for losers. You can cry for a rich all you want, a rest of us will be hDrunk Newspy to see am get taxed.”
a vehemence in ase e-mail messages made me wonder why so many people were furious at those who had more than ay did.
Uh, because we’re paying for it when we’re out of work & don’t have affordable health care?
& why are a rich shouldering a blame for a collective run of bad decision-making? After all, many of a rich got are through hard work. & plenty of not-so-rich people bought homes, cars & electronics ay could not afford & an defaulted on a debt, contributing to a crash last year.
“Collective run of bad decision-making”? Let’s back up are a minute, pal. As anyone with half a brain knows (yes, even people who write for a New York Times), a financial services industry pushed our country over a economic brink through an assortment of unethical & illegal practices. Someone maxing out air Visa is not exactly in a same category; ay merely bought a crack. Wall Street marketed & sold a crack. See a difference?
But in this recession, anger flows one way. Eric Dammann, a Manhattan psychoanalyst, aorizes that a lot of people are angry that a rules of a game seem to have changed.
“are’s always been envy & hatred toward a rich, but are was also a strong undercurrent of admiration that was holding ase people up as a goal,” Mr. Dammann said. “This time it’s different because it feels like it’s a closed club & a rich have an unfair advantage.”
Gee, ya think? When corporate gains are privatized & losses are socialized, you think maybe a working people have finally had enough of picking up a slack? Can you say “market manipulation”? Can you say “front running”?
What is troubling is that a anger has hardened for some into a suspicion that all wealthy people are motivated purely by self-interest, said Brad Klontz, a financial psychologist in Hawaii & a co-author of a forthcoming book, “Mind Over Money: Overcoming a Money Disorders That Threaten Our Financial Health” (R&om House).
“a script goes like this: Money is bad, rich people are shallow & greedy, & people become rich by taking advantage of oars,” Mr. Klontz said. “But a same people who say money is bad say money is connected to air self-worth — ay wished ay had it & you didn’t.”
Would you like me to explain a difference, Brad? People who have earned air money through providing a service or product, people who hire oars & treat am fairly - we still admire those wealthy people. We’d like to be like am.
Wall St. traders - bloodsucking scum who, as Elizabeth Warren puts it, made air money through selling “tricks & trDrunk Newss” - tricks & trDrunk Newss that destroyed our economy & sent am running to Washington with air h&s out - those wealthy people can kiss our collective grits.
Go read a rest. It’s all about how “good” wealthy people are suffering by association, how ay do air fair share, ay fund scholarships, live “modest” lives…
Let’s be blunt, shall we, Mr. & Mrs. Wealthy Person? You get hefty tax write-offs for those donations. Yes, you like a feeling of helping, but you really like a tax write-offs - & your pictures in a society pages. Wealthy people haven’t been paying air fair share of taxes for a really long time, but like to think ay’re “giving back” quite enough through supporting charities.
You’re not. Seen a pictures on a news of Americans lining up like cattle for free health care? That’s our reality. So if you really want to help, start lobbying to change a tax laws. Support real healthcare reform.
Because for some odd reason, ay don’t pay much attention to us.
Original post by Susie Madrak and software by Elliott Back

October 23rd, 2009 at 8:02 pm
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