Tuesday, November 13, 2012

The Wealthy Get To Know The Underside Of A Bus: Seven And A Half Things To Know



Thing One: Wealthy, Meet Underside Of Bus: This has been a tough year for the wealthy.  First they blew hundreds of millions of dollars trying to un-elect President Obama because he had the gall not to ply them with the perfumed thank-you notes and autographed photos to which they had grown accustomed…And now, in their darkest hour, their time of greatest need, the wealthy are finding that the conservatives they had hoped would comfort them are instead tossing them under the bus.…..

Thing Two: Europe Can't Stop Disagreeing Over Greece: The Greek debt crisis is now three years old, and Europeans still can't stop fighting over what to do about it…….
Thing Three: Incredible Shrinking Wall Street: If the wealthy are having a hard year, the subset of the wealthy on Wall Street may have it especially tough. It, too, unsuccessfully spent millions to unseat Obama. And now it has to worry not only about higher taxes but also the possibility that it may not be able to pay itself quite as much in bonuses as in the past….

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