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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

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