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links! [Feb. 10th, 2009|08:10 pm]
insaneneko
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Why youtube kicks ass: Greedy rats and kittens riding vacuum via oyceter

Funny in a not very good way: You Try to Live on 500K in This Town by the New York Times. This is a serious article laying out just how hard it would be for banking executives to live on a measy half a mill. Yes, really. I heard people mocking it on a podcast and couldn't believe it was for real...Sadly, it is real. My personal reaction (after the snort of derision) was to wonder if these people didn't have savings to cover their expenses just in case. You know, what everyone is told to do. I suppose "everyone" doesn't include them?
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Comments:
[User Picture]From: flyby311
2009-02-11 07:34 am (UTC)
Not even Hoboken my ass. A person can live in Hoboken for 500k a year, easy. You could live freaking anywhere on 500k a year! Arghhh.
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[User Picture]From: insaneneko
2009-02-11 09:05 am (UTC)
I know! I don't know what they were thinking writing this thing. It can only piss the rest of us off.
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[User Picture]From: petronia
2009-02-11 08:54 am (UTC)
'Course they have savings - in Bernie Madoff's fund. XD;;
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[User Picture]From: petronia
2009-02-11 08:56 am (UTC)
The only real interesting number there is the $123,322 it takes to enjoy the same middle-class life in NYC as someone earning $50,000 in Houston, which seems in the right ballpark to me.
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[User Picture]From: insaneneko
2009-02-11 09:07 am (UTC)
Yeah, that number makes sense. I love how 4x the amount it takes to live a middle-class life is a tragically small amount.
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[User Picture]From: insaneneko
2009-02-11 09:06 am (UTC)
LOL. So true!! How they suffer!!
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[User Picture]From: wednesday_10_00
2009-02-11 01:30 pm (UTC)
Barbara Corcoran, a real estate executive, said that most well-to-do families take at least two vacations a year, a winter trip to the sun and a spring trip to the ski slopes.

Total minimum cost: $16,000.


Wow, cry me a fucking river. *rolls eyes* I can kind of see what the author was trying to do with this article, but did he SERIOUSLY think we would feel any sympathy for the execs no longer being able to afford their summer home, nanny, or chauffeur? I just...this just shows me that these guys have NO IDEA what kind of pain the rest of the country is feeling right now.
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[User Picture]From: insaneneko
2009-02-12 10:51 pm (UTC)
I heard another podcast discussing this, and one person confessed to thinking that $500K seemed to little. She admitted that she'd been brainwashed into thinking that these people deserve tons of money because that's the way it is. She lives in New York, so maybe the NYT has also drunk the kool-aid?

Of course it's things like this that enrage the rest of us. Especially when it's been made abundantly clear that these people FAILED at their jobs. XD;
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