http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3726906Oh my.
Pedro Picasso must have taken a break from stuffing envelopes.
Atman Donating Member (1000+ posts) Mon Aug-04-08 07:48 AM
Original message
Boo hoo -- The rich are starting to feel the "pain" of economic downturn
Check out the last paragraph...it's always about them, ain't it. Now that the comparatively small handful of rich are cutting back, NOW it's finally reverberating through the economy.
------
(AP) -- The rich are sharing your financial pain -- and contributing to it.
Justin Sullivan, a private jet broker, says clients stop by a deli before flying, rather than pay for a $50 boxed lunch.
It may have taken longer and it may not be as acute, but there are early hints that the economic slump is crimping the lifestyles of the wealthy.
They are investing more conservatively, spending less on luxury goods and are being more thrifty with their credit cards. Many are asking their personal shoppers and private-jet travel providers to seek the best deals rather than over-the-top extravagances.
That news may produce a shrug from many people who have lost their jobs or homes in this economy. The problem is that when the wealthy get stingy, it trickles down to the rest of us.
http://rss.cnn.com/~r/rss/cnn_topstories/~3/355096588/i...
Uben Donating Member (1000+ posts) Mon Aug-04-08 08:07 AM
Response to Original message
1. The poor people are buying less of our goods......
...and that translates into lower profits for our companies, so we have to punish them anyway we can. If the poor refuse to spend all their money, how can we get it? See? This is war!
grannie4peace (99 posts) Mon Aug-04-08 08:12 AM
Response to Original message
2. the rich
boohoo my f**king foot. there are only a few rich that are worth the $ they have.. how much $ can make you happy--
You know, Pedro Picasso doesn't draw the primitives like he used to.
This bonfire's been burning for a few hours now, and only two primitives, one of them a mole.
