Upper East Sliders

This article makes me sick. This isn't news. I'd love to see these people have to eat Ramen Noodles for a few weeks at a time or have to walk three miles to work. These people are disgusting, and you are disgusting, Newsweek, for posting this garbage. Why don't you cover the real people suffering, people who are barely making ends meet, barely paying their bills, and not these *** clowns.

What a load of horsecrap. Holly Peterson has as little humanity as these overpaid and underworked snobs do by trying to appeal to our humanity with a story about people who've lost their self esteem because they fly commercial now instead of private charter. Even though they can still afford private charter though, of course. Go dig a hole with your silver spoon and crawl into it.

When people in this world (including here in the U.S.) are dying for lack of food, shelter and basic health care........am I REALLY supposed to feel sorry for someone who has to wear the same overpriced dress more then once? No thanks!!

Ditto, Holly Peterson: **** these snobs, and **** you. They (and probably you) could benefit from a massive tragedy. Not the sting of losing a percentage of your portfolio, which you'll no doubt talk about for decades as your brush with destitution. I'm talking about losing your only house, your job, your livelihood and filing for bankruptcy, from which you may LITERALLY never recover. Lose family members because you can afford the best medical treatment. Real world loss, Holly - try it some time. It'll take you a little closer to human.

Write about something real next time.

Seriously, you want me to pity these people in their $10,000 outfits eating dinner at an exclusive eatery while I cant even afford to buy groceries so that I CAN cook at home? You should be ashamed of yourself and your brand of journalism. To think, you were even paid to write this piece about the sad faces around you as you at your overpriced self-indulgent feast.

Seriously, you want me to pity these people in their $10,000 outfits eating dinner at an exclusive eatery while I cant even afford to buy groceries so that I CAN cook at home? You should be ashamed of yourself and your brand of journalism. To think, you were even paid to write this piece about the sad faces around you as you at your overpriced self-indulgent feast.

Oh no, the world is coming to end! The filthy, stinkin' rich have to save their $10,000 dress rather than buy another.

*** these people and *** you Holly Peterson. Try to live in the shoes of an average American middle classmen for a week. Juggling bills, worrying about how to provide for your kids, and then deciding how the hell you are going to retire someday, you need a harsh slap of reality. $10,000 for a dress??? This bitch and Mrs. Peterson need to be lynched with all the other ostentatious snobs with a sign that reads "I raped America and its citizens!" hung around there necks as expamles of corporate greed....

*** these people and *** you Holly Peterson. Try to live in the shoes of an average middle class American for a week. Try juggling mortgage, car payments, gas, and winter is just around the corner... which means heating costs are going to come into play. *** a $10,000 dress! I should bitch slap that ***. How *** ostentatious can you be?? These people need to be lynched with a sign that reads "I raped America and its citizens!" hung around their necks!

I thought this article would give some investment tips. Instead, all it talked about was frivolous luxuries some of the rich must forego.

Sickening.

Cry me a river, for God's sake! Why should there be any sympathy for them losing everything they've worked for for decades? That applies to practically everyone. As soon as I see these folks sitting on a picnic table right outside my supermarket, as I did last Friday night, with hunger burning in their eyes, I'll gladly buy them some dinner. I went into the store, bought my stuff and bought 2 complete dinners from the deli, each packaged separately, and handed them to these 2 incredibly grateful gentlemen. I would do it for anyone, even if I despised them. Hunger should NEVER exist where humans are congregated! But it's very hard for me to muster much compassion when someone has to sell off several million carats of diamonds but still has a full larder. Go bark up another tree.

Well, I am supposed to shed a tear at the loss of someone's Lear Jet? I might believe that is really misplaced sympathy. I could really care less about them, or most people in the industrial world's financial problems. We will muddle through for the most part, without another $400,000 painting.
There are over 2 billion people starving, or living in conditions of such squalor, as to be an offense to God. We have so much, and consider a market downturn as a calamity. Sad.
When the children in the rest of the world have the chances to do the things our children have the choices to do, the end of conflict is at hand. They won't teach that at Wharton, nor will they at any MBA program.
I do not shed a tear for the losses of dynastic wealth. They all got screwed by their own greed in their own game, by their own kind.

Bill Clinton points to liberal Congressional Democrats' protection of Fannie and Freddie from scrutiny as a primary cause of the current economic meltdown.

http://www.youtube.com/watch?v=XsynspIqAoE

To prove Bill Clinton's point, this is a link to a C-SPAN video clip of the Congressional hearings at roughtly the time McCains attempt at S.190. to fix fannie and freddie.

http://www.youtube.com/watch?v=_MGT_cSi7Rs

"Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis"

The link below describes how some of those Democrats in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN. See: Wall Street Journal

http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

And here is Lou Dobbs reporting on ACORN corruption and ties to Obama, including Obama Campaign paying ACORN $800,000 for voter registration activities, and Obama representing them when he was a practicing attorney.

http://www.cnn.com/video/#/video/bestoftv/2008/10/09/ldt.tucker.acorn.under.fire.cnn

This link of a CSPAN video clip may help set the context, as these hearings were at the time of McCains attempt at S.190.

http://www.youtube.com/watch?v=_MGT_cSi7Rs

"Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis"

"But if you want to let a little humanity kick in, remember many of these families face losing almost everything they've worked for over decades, or even generations"

Come on. These are the same people who sold us the stock of Internet companies that were valued based on eyeballs (and even if they weren't the same bankers, they got big bonuses from the same Wall Street firms). Then they sold us LBOs levered at 7-8x tmes. They sold collateralized mortgages. And they got million dollar bonuses for all of it to finance these lifestyles you describe. And now we have a $1 trillion bailout to pay for courtesy of them. We have financed their lifestyle for 10 plus years while they sold us snake oil. We should be retroactively taxing them. I'm a centrist, but I'd like to see Congress go back and retroactively tax anyone from Wall Street who filed a W-2 with more than $1 million from salary, bonus, or sale of company stock for the past 5 years. I've been a responsible saver for 15 years (diversified mutual funds) and have less today than I did 15 years ago. The past 10 years has seen one of the greatest wealth transfer of the past 100 years -- responsible, hard working savers to Wall Street magicians, hedge fund managers, and LBO managers.

on

But if you want to let a little humanity kick in, remember many of these families face losing almost everything they've worked for over decades, or even generations

Come on. These are the same people who sold us the stock of Internet companies that were valued based on on eyeballs, the same