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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 06:52 AM
Original message
It's not easy being rich.
So stop your damn whining!
==========

http://www.bloomberg.com/news/2012-02-29/wall-street-bo...

<snip>
The smaller bonus checks that hit accounts across the financial-services industry this month are making it difficult to maintain the lifestyles that Wall Street workers expect, according to interviews with bankers and their accountants, therapists, advisers and headhunters.

“People who don’t have money don’t understand the stress,” said Alan Dlugash, a partner at accounting firm Marks Paneth & Shron LLP in New York who specializes in financial planning for the wealthy. “Could you imagine what it’s like to say I got three kids in private school, I have to think about pulling them out? How do you do that?”

<snip>
Scheiner said he spends about $500 a month to park one of his two Audis in a garage and at least $7,500 a year each for memberships at the Trump National Golf Club in Westchester and a gun club in upstate New York. A labradoodle named Zelda and a rescued bichon frise, Duke, cost $17,000 a year, including food, health care, boarding and a daily dog-walker who charges $17 each per outing, he said.

<snip>
Still, he sold two motorcycles he didn’t use and called his Porsche 911 Carrera 4S Cabriolet “the Volkswagen of supercars.” He and his wife have given more than $100,000 to a nonprofit she founded that promotes employment for people with Asperger syndrome, he said.

....much more
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   Replies to this thread
  - “People who don’t have money don’t understand the stress,”  Me.   Mar-01-12 08:12 AM   #1 
  - The stress of hungry kids simply cannot compare!  No Elephants   Mar-01-12 08:33 AM   #2 
  - The kids who are now being left out of the Charter School push...the kids who  KoKo   Mar-01-12 07:46 PM   #6 
  - Oh, the pain  NMMNG   Mar-01-12 07:06 PM   #3 
  - Was it Scott Fitzgerald (the writer in the 20's) who said: The Rich are Different from You & Me..  KoKo   Mar-01-12 07:36 PM   #5 
     - If they find dealing with their wealth so terribly stressful  NMMNG   Mar-01-12 08:32 PM   #8 
     - That was his. And wasn't Zelda rich?  No Elephants   Mar-03-12 05:03 AM   #9 
  - They have to spend SO MUCH hiring folks to do their Taxes & Protect Investments...  KoKo   Mar-01-12 07:30 PM   #4 
  - All that money and they can't manage it  rpannier   Mar-01-12 08:04 PM   #7 
     - Zing! Right on target.  No Elephants   Mar-03-12 05:04 AM   #10 
 
Me. Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 08:12 AM
Response to Original message
1. “People who don’t have money don’t understand the stress,”
Really? The stress level of not being able to pay your bills doesn't distinguish between rich and poor. The difference being the rich can cut back and still keep a roof over the heads, the poor become homeless.
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 08:33 AM
Response to Original message
2. The stress of hungry kids simply cannot compare!
I am so ashamed that we are not meeting the lifestyle expectations of Wall Street workers.

On what planet do these people live?

What he is spending on his two dogs per year is more than some workers with families are able to earn all year.




Sometimes, I feel like just giving up. You cannot get through to people like that. You just can't.

Kudos on the charitable donations, though.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 07:46 PM
Response to Reply #2
6. The kids who are now being left out of the Charter School push...the kids who
Edited on Thu Mar-01-12 07:54 PM by KoKo
never graduate because they see no future and end up in Prison for a bag of weed or ADD...or whatever the Big Pharma categorize them as they pay to fund doctors and others who will classify anyone "who differs" with being "Deviant" and a "threat to society." And the drugged and the kids told they "are too disruptive" are forced on drugs and they are pacified...until their parents or aid can't support them and then it's either GET INTO US MILITARY...or get CAUGHT PEDDLING...and then it's JAIL FOR YOU!

Wall Street Criminals not indicted but the USA has highest Prison Population in the WORLD!

What does that say about "America...the land of the Free and Opportunity?" Meanwhile our BORDERS and IMMIGRATION allow the Best and the Brightest from other countries to come here and the Poorest of Immigrants to come here and take jobs away from those already here who might have been able to work with some training and interst by our Big Corporations...but the Big Corporations also include Prison Management and Military Industrial Complex.

So the "High Skilled Immigrants and the Foreign Sudents who have High Profile Parents in other countries willing to Pay to get their kids on the American Ladder to Success are Succeeding while the rest of American Kids go to Prison, Join Military or Live at Home with Parents due to high College Loans.

IMMIGRANTS are Big Business for Kissenger and Associates where they keep BUILDING the GLOBAL SOCIETY for THE PRIVILEGED!

All the reading I do supports this. Also...I have life experience with how this works...and sadly I wish I didn't know what I've seen, personally how we have trashed OUR OWN in USA with our policies. :-(
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 07:06 PM
Response to Original message
3. Oh, the pain
:sarcasm:

“People who don’t have money don’t understand the stress,” said Alan Dlugash, a partner at accounting firm Marks Paneth & Shron LLP in New York who specializes in financial planning for the wealthy. “Could you imagine what it’s like to say I got three kids in private school, I have to think about pulling them out? How do you do that?”


You put them in (gasp) public school like regular people. Really, this isn't a fucking tragedy. Stress isn't wondering if you can keep your kids in a swanky private school or maintain your fleet of luxury cars. Stress is not knowing if you can afford to keep a roof over your head or keep the heat going through the winter. Stress is not knowing if you're going to have enough money each month to afford food for your family, or to afford the medicine your kid needs.

Really, are all rich people this shallow and out-of-touch?
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 07:36 PM
Response to Reply #3
5. Was it Scott Fitzgerald (the writer in the 20's) who said: The Rich are Different from You & Me..
Edited on Thu Mar-01-12 07:36 PM by KoKo
They Have More Money" I think that's the quote?...I think it was Fitzgerald...I'm too tired to Google..but, I read most of his books. :-(
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NMMNG Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 08:32 PM
Response to Reply #5
8. If they find dealing with their wealth so terribly stressful
they should hand it over to people like us. I imagine we'd have no problem handling it. :)
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-03-12 05:03 AM
Response to Reply #5
9. That was his. And wasn't Zelda rich?
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 07:30 PM
Response to Original message
4. They have to spend SO MUCH hiring folks to do their Taxes & Protect Investments...
PLUS..to make matters WORSE...they have to calculate how they pay Social Security Benefits to their Nannies, Servants, Gardeners, Pool Mantenance and Appliance Maintenance AND their SECURITY Staff...along with the Private Cars to drive the kids to school in the Limo where the Driver needs Top Security plus Uniform and Gun and Permit...then there's paying people to serve on the Private School Board of Trustees that your kid is going to...and since you signed him up before he was born to the private nursery school ...$$$$, then the Kindergarten in exclusive school...$$$$$$...and you had to PAY MORE for your Private School Tuition for 1st Grade through 6th PLUS the ACTIVITY FEES for MUSIC, SPORTS TRIPS TO EUROPE AND SUMMER (OUTDOOR CAMPS/ATHLETICS and NATURE) ....you end up with $$$$$$$$$$$'s for just ONE KID?

AND..they THINK THEY PAY TOO MUCH IN TAXES..given the Huge Costs they have to assume ....just because..THEY ARE LUCKY TO BE RICH..(after ALL their Hard Work) :eyes:
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rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-12 08:04 PM
Response to Original message
7. All that money and they can't manage it
Now we know why the economy tanked
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-03-12 05:04 AM
Response to Reply #7
10. Zing! Right on target.
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