Inside DC| More...
 

Wealthy

Rich Buying Again, But Middle Class Still Hurting

AP | EMILY FREDRIX | Posted 11.14.2009 | Business

Read More: Walmart, Wealthy, Luxury Shopping, Middle Class Economy, Luxury Brands, Middle Class, Consumer Spending, Wealthy Americans, Recession, Transparency, Business News

American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on ...

Read Whole Story

Tax Deadline Nears For Americans With Offshore Bank Accounts

New York Times | LYNNLEY BROWNING | Posted 10.12.2009 | Business

Read More: Offshore Accounts, Tax Accountants, Bank Accounts, Banks, Irs, Switzerland, Taxes, Internal Revenue Service, Secret Bank Accounts, Lawyers, Caribbean Bank Accounts, Ubs, Swiss Bank Accounts, Rich, Wealthy, Caribbean, Foreign Banks, Business News

Thursday is the deadline for Americans to come clean about the money they have hidden offshore, in places like Swiss bank accounts. No one can say wit...

Read Whole Story

Income Inequality: How The Wall Street Journal Got It Wrong

businessinsider.com | Bruce Judson | Posted 11.15.2009 | Business

Read More: Wealthy, Income Inequality, Middle Class, Bruce Judson, Economic Inequality, Rich, Wall Street Journal, Business News

For anyone with even a passing familiarity with issues associated with economic inequality, The Wall Street Journal front page story last week was sho...

Read Whole Story

Wealthy Consumers Still Waiting On The Sidelines

washingtonpost.com | Ylan Q. Mui | Posted 11.09.2009 | Business

Read More: Wealthy, Luxury Spending, Consumer Spending, Wealthy Consumers, Business News

In this new era of frugality, well-to-do shoppers have gone into hiding and stowed away their splashy logos. But they may hold the key to a consumer r...

Read Whole Story

Forget The Squeeze: The Middle Class Is In A Choke Hold

Harry Moroz | Posted 09.19.2009 | Business

Read More: Renting, Bank of America, Wealthy, Foreclosure, Health Care, Zero Hedge, Debt, Middle Class, Consumer Spending, Housing Crisis, Economy, Financial Crisis, Business News
Harry Moroz

There are no certainties in the current economic and political climate. Except one: that the current downturn is hurting middle-class Americans more than the wealthiest households.

Read Post

Republican Party Has Become "Cash for Clunkers"

Cenk Uygur | Posted 09.04.2009 | Politics

Read More: Gallup Poll, Cash for Clunkers, Wealthy, Healthcare Reform, Corporations, Demographics, Republican Party, Lobbyists, Politics News
Cenk Uygur

The Republican Party is disintegrating in front of our eyes. The latest Gallup Poll has them leading in party identification in six states and tied in two. That means they're trailing in 42 states!

Read Post

President Obama Profiled Me

Adam Hanft | Posted 08.24.2009 | Politics

Read More: Taxing-Rich-Health-Care, Wealthy, Wealth, Barack Obama, President Obama, Politics News
Adam Hanft

What Barack Obama wants to do is financial profiling. And in its way it's philosophically as intellectually and morally indefensible as racial profiling.

Read Post

I'm Sick of Hearing About the Poor, Poor Millionaires

Chris Weigant | Posted 08.20.2009 | Politics

Read More: Warfare, Wealthy, Tax Rates, Al Franken, Reform, Tax the Rich, Media, Jim Webb, Republican, Reagan, Pelosi, Ultra Rich, Clinton, Nancy Pelosi, Ultra Wealthy, Health Care, Robert a Heinlein, Taxes, House, Millionaires, Msm, Franken, War, Democrat, Billionaires, Rich, Webb, Democrats, Mainstream Media, Income Tax, Tax, Chris Weigant, Health Care Reform, Fox News, Class Warfare, Denmark, Healthcare, Heinlein, Politics News
Chris Weigant

Democrats have to get over their knee-jerk reaction to being labeled "tax and spenders" by their opposition. If higher taxes for millionaires are the way to pay for healthcare reform, then let everyone know it, and know why.

Read Post

Lazarus and the Iranians

Jim Wallis | Posted 07.27.2009 | Politics

Read More: Global, Wealthy, President Obama, Lazarus and the Rich Man, Jesus, Grassroots, Justice of God, Poor, Injustice, Luke, Government, Streets, Image of God, Iran, Muslim, Wealth, Muslim World, Protest, Muslims, Story of Lazarus, Justice, Poverty, Iranians, Lazarus, Politics News
Jim Wallis

A connection has been made. A connection clearly seen between a young generation here in the United States and a young generation of Iranians who have taken to the streets.

Read Post

Some Rich New Yorkers Still $helling It Out

New York Times | CHRISTINE HAUGHNEY | Posted 07.13.2009 | New York

Read More: New York Recession, Wealthy New Yorkers, Wealthy, Upper East Side, Upper East Side New York, Recession, New York City, New York, New York News

In the blocks around Bloomingdale's on the East Side of Manhattan, where ladies who lunch often head afterward to the showrooms of furniture and fauce...

Read Whole Story

The Middle Estate

Harry Moroz | Posted 05.16.2009 | Business

Read More: Rich, Income Equality, Wealthy, Center on Budget and Policy Priorities, Mark Thoma, Middle Class, Estate Tax, Arthur Laffer, Business News
Harry Moroz

The estate tax is not about confiscating wealth for redistribution, but about encouraging spending during a wealthy individual's lifetime and limiting the intergenerational transfer of wealth.

Read Post

John Galt Has Left the Building

Juliette Powell | Posted 05.07.2009 | Media

Read More: Bill O’Reilly, Class Warfare, Politics, Obama Stimulus Package, Media, Glenn Beck Fox News, Ayn Rand Institute, Colbert Report 'the Word', Stephen Colbert, Juliettepowell, Wealth, John Galt, Colbert Report 'Rand Illusion', Republican, Conservative, Politics News, Wealthy, Money, Ruling-Class, Ayn Rand, Juliette Powell, Media News, Colbert Report, Atlas Shrugged, 33 Million People, Media News
Juliette Powell

If your moral duty is to serve your neighbor and anyone else who is in need, then you don't have the moral right to pursue your own life and happiness.

Read Post

Colbert Shrugged: Ayn Rand Institute Responds to 'Rand Illusion'

Juliette Powell | Posted 04.27.2009 | Media

Read More: Bill O’Reilly, Class Warfare, Obama Stimulus Package, Juliette Powell, Glenn Beck Fox News, Ayn Rand Institute, Colbert Report 'the Word', Conservative, Stephen Colbert, Media, Wealth, John Galt, Colbert Report 'Rand Illusion', Politics, Politics News, Wealthy, Money, Ruling-Class, Ayn Rand, Republican, Juliettepowell, Colbert Report, Atlas Shrugged, 33 Million People, Media News
Juliette Powell

Is Colbert, and the media in general, taking a cheap shot -- going for the easy laugh using Rand's philosophy of selfishness -- or are they using humor and irony to open a much needed public debate?

Read Post

Atlas: Shrug This!

Jeff Dorchen | Posted 04.25.2009 | Politics

Read More: Rick Santelli, Class Warfare, Atlas Shrugged, Jon Stewart, Ayn Rand, Wealthy, Wealth, Obama Stimulus Package, Money, Narcissism, Ruling-Class, Obama, Uber-Wealthy, Politics News
Jeff Dorchen

Please, go right ahead, underestimate the power of human beings to live without you golden gods who inhabit the penthouses of the world.

Read Post

Study: Wealthy Make Less Eye Contact

Canwest News Service | Misty Harris, | Posted 03.13.2009 | Business

Read More: Eye Contact Study, Wealthy Eye Contact, Wealthy, Body Image, Eye Contact, Body Language, Wealthy Americans, Study Wealthy, Business News

The rich are too posh to pay attention, according to a new study on socioeconomic status and body language. In observing casual interactions between ...

Read Whole Story

The GOP's "Tax Holiday" Myth

Mike Papantonio | Posted 01.09.2009 | Politics

Read More: Gop, Wealthy, Tax Break, Corporate America, Tax Holiday, Taxes, Recession, Chamber of Commerce, Corporations, Economy, Politics News
Mike Papantonio

Mainstream media did a poor job telling the story about how almost 70% of America's largest multinational corporations paid zero ...

Read Post

The Wages of Wealth

Laurence Leamer | Posted 01.03.2009 | Style

Read More: Palm Beach Voters, Wealthy, Wealth, New Deal, Obama New Deal, Florida, Fdr, Palm Beach, Barack Obama, Style News
Laurence Leamer

Within the economic elite, there is inchoate anger, great fear, and a willful distancing from the great new American drama that is about to begin in Washington.

Read Post

A Peek at Chicago's 'Hidden Rich' (Warning: Mature Content Matter)

David Murray | Posted 12.22.2008 | Chicago

Read More: School Fundraising, Montessori, Wealthy, Luxury, Have and Have Nots, Hidden Poor, Hidden Rich, Recession, Chicago News
David Murray

They used to lament "the hidden poor" in this country. I think the bigger blind spot these days is "the hidden rich."

Read Post

We Have Plenty Of Money -- The Rich Are Killing Us

Jonathan Tasini | Posted 12.12.2008 | Politics

Read More: Climate Change, Class Warfare, Health Care, Taxes, The Rich, Progressive Taxation, Progressive Taxes, Wealthy, Tax Cuts for the Wealthy, Wealth, Wealthy Americans, Politics News
Jonathan Tasini

While our country is disintegrating, the rich are hiding. They are hiding behind a decades-long ideology that paralyzes the political system from being serious about what the rich should pay.

Read Post

Taxing The Rich Hurts The Middle Class

Grant Cardone | Posted 12.05.2008 | Business

Read More: Tax Cuts for the Rich, Wealthy, Tax Cuts for the Wealthy, Money, 401k, Economy, Retirement, Middle Class, Property Taxes, Recession, Economics, Economic Crisis, Trickle Down Effect, Working for the Wealthy, Entrepeneurship, Owning a Business, Business News
Grant Cardone

This is not a trickle down argument but basic economics, as it is impossible to penalize any one group without affecting every person in the group.

Read Post

It Isn't "Chic" to Cut Back -- It's Crucial

Betsy Perry | Posted 11.15.2008 | Business

Read More: Depression, Lifestyle, Class Warfare, Wealthy, Wealth, Economy, Economic Crisis, New York City, Business News
Betsy Perry

It isn't "chic" to pretend to cut back; for most of us, it's crucial. But you don't put on your down-on-my-luck face or it shows, and no one wants to hang around a loser.

Read Post

Friday Talking Points [44] -- McCain House Party!

Chris Weigant | Posted 09.22.2008 | Politics

Read More: Frickin Mansion, Pow, Cindy McCain, Campaign, Country Club John McCain, Prick, Out of Touch, Arugula-Eating Pointy Headed Professor-Type, 2008, Midotw, Tax Cuts, Condo, Most Impressive Democrat of the Week, Democratic Convention, Lieberman Prick, Elitist, Country Club Republicans, Democratic National Convention, Tony Rezko, Democrat, 08, Barack Obama, Election, Adoption, 08 Election, House, Investment Properties, Elections, RJ Eskow, Mddotw, Politico, Brave New Films, Personal Attack, Elitism, AFL/CIO, John K. Wilson, Wealthy, Houses, Economy, Middle Class, How Many Houses, Its the Economy Stupid, Democratic, Lieberman, Condominium, Millionaire, Elite, Most Disappointing Democrat of the Week, 2008 Campaign, Obama Fights Back, Housing Crisis, Celebrity, Brian Rogers, Keating Five, Country Club, Taxes, John McCain, Keating, Adopt, Homes, Millionaires, Beer, Afl-Cio, Heiress, 2008 Elections, Prisoner of War, Rich, 2008 Election, War Room, Mother Teresa, 08 Campaign, Tax Returns, 2008 Presidential Race, Convention, Charles Keating, Seiu, Cindy, Politics News
Chris Weigant

John McCain said something ridiculous to a reporter yesterday. I hasten to point out that the previous sentence should have been a major media headlin...

Read Post

McCain's Mansions: The Houses That Greed Built

Robert Greenwald | Posted 09.18.2008 | Politics

Read More: Budweiser, John McCain, Wealthy, Condos, Homes, Houses, Heiress, Cindy McCain, Documentary, Sedona, Arizona, Mansion, Mccain's, Mccain's Mansion, The Real Mccain, Coronado, McCain Wealthy, Mccain Private Jet, Politics News
Robert Greenwald

Far too many are buying into McCain's deceit because the corporate press won't present the whole picture, so we created this video to educate the public about the REAL McCain.

Read Post

Friday Talking Points [42] -- Get Up, Stand Up, Barack

Chris Weigant | Posted 09.08.2008 | Politics

Read More: GI Bill, Lies, Mudslinging, Wealthy, Cindy McCain, Drew Westen, Campaign, Swiftboat, Veterans, Soundbite, Wealth, 2008, Elite, Smear, John Kerry, Midotw, Distributor, Most Disappointing Democrat of the Week, Student Loan, 2008 Campaign, Celebrity, Fight Back, Campaign Contributions, Elitist, Bill Clinton, Gas, Lying, John McCain, Strategy, Tony Sachs, Beer, Campaign Ads, Private Plane, Let Them Eat Cake, 2008 Elections, 08, Webb, Rich, Lie, 2008 Election, War Room, Barack Obama, Oil Companies, Election, 08 Election, Elections, Barack ObamaMost Impressive Democrat of the Week, Respectable Republican Cloth Coat, Get Up Stand Up, 08 Campaign, Mddotw, Budweiser, Tax Returns, 2008 Presidential Race, Credit Card, Elitism, Trash Talk, Attack Ads, Politics News
Chris Weigant

I have to assume if you're reading this that you're sick of the Olympics already. Wow, that was fast. Is NBC's coverage going to be twice as bad as ...

Read Post

The Rich Get Richer: Time for a Change

Jonathan Tasini | Posted 07.31.2008 | Politics

Read More: Health Care, Debt, Wealthy, Tax Cuts for the Wealthy, Wealth, Economy, Middle Class, Politics News
Jonathan Tasini

There no sense of decency among the rich and their enablers in the government and in politics, and in the chattering classes who worship before the altar of market fundamentalism.

Read Post