Even as millions of out-of-work and otherwise struggling Americans are tightening their belts for the holidays, the nation's elite are lacing up their dancing shoes and partying like royalty as the millions and billions keep rolling in.
Recessions are for the little people, not for the corporate chiefs and the titans of Wall Street who are at the heart of the American aristocracy. They have waged economic warfare against everybody else and are winning big time. http://www.nytimes.com/2010/11/27/opini … .html?_r=1
the wide gap in the haves and have-nots is widening even further
It's a dumb article. Bloomberg started his way from nothing and was talented enough to be able to work at Goldman then start up his own company where he is able to hire thousands of workers. How is that aristocracy? As for Ms. Black. she started out selling ads after graduating from college and has a proven track record of turning around publishing companies and starting successful companies which resulted in hiring more workers, again, hardly an aristocrat. These types of articles make hardworking, talented, successful people look as if they lead charmed lives and overlook what it took for them to reach for the top. Whether Black is able to turnaround an organization that is so mismanaged and ruled by the unions remain to be seen but if she can do it, more power to her.