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Don't Hate Them Because They're Rich-The trickle-down effect of ridiculous ostentatious wealth.
New York Magazine ^ | 4/18/05 | Daniel Gross

Posted on 04/11/2005 11:15:16 AM PDT by finnman69

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To: Clemenza

It's still a dump. One of the worst toxic wastelands in NYC covered with a fresh coat of paint.

There's something new about this latest crop of imports. These aren't the outcasts from middle American high schools playing a long shot. These kids are the star quarterbacks and head cheerleaders whose parents are bankrolling them.


21 posted on 04/11/2005 1:18:35 PM PDT by durasell (Friends are so alarming, My lover's never charming...)
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To: finnman69

I wonder how many of these hyper-rich people are liberal tax-them-dry Democrats?


22 posted on 04/11/2005 1:24:10 PM PDT by Lorianne
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To: durasell
I call them trustafarians. Daddy bankrolls their $1400 in Billyburg, while I struggled to cover the rent on my place in Bay Ridge.

Its good to be making money now, although I wish I were making the dough in NYC, suicidal as that may seem. Seattle s-cks!

23 posted on 04/11/2005 1:29:06 PM PDT by Clemenza (Alcohol Tobacco & Firearms: The Other Holy Trinity)
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To: Clemenza

No, I remember the trust fund kids from years ago. This is something else. Their parents aren't "trust fund rich." It's more like the GM dealer in a small town or the guy who owns five grocery small stores and a couple of rental properties.


24 posted on 04/11/2005 1:39:01 PM PDT by durasell (Friends are so alarming, My lover's never charming...)
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To: Lorianne

"I wonder how many of these hyper-rich people are liberal tax-them-dry Democrats? "

Who pay no taxes themselves.


25 posted on 04/11/2005 1:39:59 PM PDT by free_european (Selbst in die Unterwelt dringt durch Spalten Licht)
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To: Clemenza

...and you know me, I'm as pro-NYC as they come. But this drain is not a good thing for middle America. This are the next generation of civic and business leaders migrating to the metropolitan areas in search of hedge fund work.


26 posted on 04/11/2005 1:41:47 PM PDT by durasell (Friends are so alarming, My lover's never charming...)
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To: finnman69

Isn't it wonderful!!!

Outside of NYC, we microcosyms of the elite buy hugely inflated homes, dine at trendy restaurants, have our laundry done, get the lawn service cracking in Spring, order stuff over the internet, and shop at Chinese import distributors.

Just think. We can ponzi all this After You Alfonse Economy around as we charge each other for our services until it just doesn't work anymore.

Then we may all have to get serious, the super-wealthy too, in investing manufacturing plants and creating products instead of a financial deck of cards.


27 posted on 04/11/2005 1:41:56 PM PDT by OpusatFR (Just because you put lipstick on a pig doesn't mean it smells any better.)
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To: finnman69
As I reread this article my feeling is - this is normal for New York. What was abnormal was the period 1964-1994. It's also worth noting that our mayor is a billionaire who made his billions selling infotech services (Bloomberg terminal) to the financial industry.
28 posted on 04/11/2005 2:20:57 PM PDT by hedgie
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To: hedgie

What's abnormal is the Manhattanization of Brooklyn, a trend that I wish would stop.


29 posted on 04/11/2005 2:22:00 PM PDT by Clemenza (Alcohol Tobacco & Firearms: The Other Holy Trinity)
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To: hedgie

Sort of normal. The biggest changes have come post Dinkins. Dinkins was close to letting the city veer out of control, Giuliani gave people confidence to live in the city and beginning pioneering neighborhoods previously deemed unlivable. There are very few neighborhoods considered unlivable with the exception of the worst parts of the Bronx.


30 posted on 04/11/2005 2:24:12 PM PDT by finnman69 (cum puella incedit minore medio corpore sub quo manifestus globus, inflammare animos)
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To: TWohlford
What if the post-millenialists are right?

However it plays out, eternity awaits, and I eagerly look forward to it.

31 posted on 04/11/2005 9:33:39 PM PDT by newgeezer (Just my opinion, of course. Your mileage may vary.)
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