Franklin D. Roosevelt Quote – An Empty Stomach
“It is an unfortunate human failing that a full pocketbook often groans more loudly than an empty stomach.” – Franklin D. Roosevelt
Read moreTag: wealth
Eight Men Who Are Doing Quite Well
A notice appeared in the paper recently with the names and faces of eight men who have a combined wealth of $426 billion. According to Oxfam International, in 2015 this would have equaled the amount of wealth held by half the world’s population, the poorest half. Oxfam International is a confederation of charitable organizations in 90 countries seeking to stop the injustices that […]
Read moreBob Marley Quote – Greatness of Man
“The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.” ― Bob Marley
Read moreCartoon – Buying Happiness
The wealthy taking up housing meant for the poor
Though New York City’s waiting list for subsidized housing stands at over 300,000, the agency still has only nominal ability to evict a tenant who once qualified but subsequently became wealthier, and the latest “beneficiary” of those rules, according to a November WPIX-TV report, is a household that reported earning $497,911 in a recent year. Initially, one housing authority official […]
Read moreInequality: Why the poor are getting poorer
Why is America a nation of growing inequality? The yawning economic and cultural gap between the well-to-do and the working class—now wider than at almost any point in our history—has academics and pundits searching for explanations. Now, a new Harvard study provides an illuminating—and “horrifying”—insight into what’s going on. The affluent and the working classes, the study found, are raising […]
Read moreThe World’s Richest Individuals
According to a report from Oxfam the world’s eight richest people are worth as much as the 3.6 poorest people in the world. The total of their worth is $426 billion compared to 50% of the world’s poorest at $409 billion. The billionaires included in this list are Bill Gates ($75 billion), Warren Buffett ($61 billion), and Mark Zuckerberg ($45 […]
Read moreCartoon – In Another Universe
Inequality in Wealth
What’s most important—and troubling— is the decades-long, systemic expansion of the economic distance between the richest of the rich and the poorest of the poor, and the long, backward slide for the majority of those in-between.
Read moreWhen The Wealthy Go Camping
A New York City hotel is offering wealthy guests a chance to go “glamping”—glamorous camping—so they can experience the outdoors with four-star amenities. Guests at New York’s AKA Central Park can spend $2,000 a night to sleep on a queen bed on the terrace of the hotel’s penthouse. “It’s basically being able to sleep under the stars in a luxury […]
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