A new book makes the supposedly brave claim that two-parent families are good, and that unmarried poor people are miring themselves in poverty. But what upper-class people practice is not just “marriage” — it’s “marriage to upper-class people.”
Source: Rich People Marry Rich People, and That’s How They Stay Rich
F, Scott Fitzgerald is famously said to have once remarked to his pal Ernest Hemingway, “The rich are different from you and me, Ernest,” to which Hemingway is said to have replied, “Yes, they have more money.” Fitzgerald had it right. Particularly these days, when the wealthiest people in the US are not millionaires, or even people worth hundreds of millions of dollars, but rather are billionaires, with some, like Jeff Bezos, Elon Musk and Warren Buffett having total assets in excess of $100 billion, the rich are not just quantitatively but qualitatively different.
Source: The Rich are Different — Richer than Us and Far Greedier | The Smirking Chimp
Tens of millions of Americans are cashless, many desperate to feed their children. Meanwhile the richest Americans merrily float on a rapidly rising tide of money thanks mainly to Trump & Co.
2x Never Trumpers (ODT)
via World’s 500 Richest People Gained $1.2 Trillion in Wealth in 2019: Analysis | Common Dreams News
The New York Times has just published investigation into a program called pretrial diversion that’s meant to give criminal offenders a break, but often puts them in debt. Prosecutors across the country often offer deals to offenders to drop cases and expunge records in exchange for sometimes onerous fees. But the Times found that “in many places, only people with money could afford a second chance. Though diversion was introduced as a money-saving reform, some jurisdictions quickly turned it into a source of revenue.” We speak to Times reporter Shaila Dewan.
Two weeks ago Rupert Murdoch’s ex wife No.3 Wendi Deng was arm-in-arm with hunky violinist Charlie Siem, 17 years her junior who also dabbles in a bit of underwear modelling.
olddogthoughts 