Stephen King tells Rich people to

[wgrr]

Fuck off when it comes to increased taxes for the rich. He joins Warren Buffet, Bill Gates, and Russel Simmons in calling for higher taxes for the wealthy.

It is real simple. Smart wealthy people know who butters their bread in the morning. What adult, with a family, making minimum wage, can buy a new computer, pay $20 for kings current paperback novel, or pay $16 for a Simmons produced rap CD.

Way to go Stephen king. I knew I bought your latest novel for a reason.

[noonereal]

I heard a story last week about my cousins kid. She had just finished interning at a bakery and graduated college.
She was offered a job at the same bakery to supervise 4 locations.

Everyone was thrilled.

She will make $35, 000.

Sounds great right?

Well that is the equivalent of $8,700.00 in 76.

In other words, in today's world you can have a college degree and the responsibility of 4 retail locations and have to live with your family or roommates to survive.

and this kid also has to pay off student loans? how?

something is very wrong with this country

[Charles]

Originally Posted by noonereal

I heard a story last week about my cousins kid. She had just finished interning at a bakery and graduated college.
She was offered a job at the same bakery to supervise 4 locations.

Everyone was thrilled.

She will make $35, 000.

Sounds great right?

Well that is the equivalent of $8,700.00 in 76.

In other words, in today's world you can have a college degree and the responsibility of 4 retail locations and have to live with your family or roommates to survive.

and this kid also has to pay off student loans? how?

something is very wrong with this country

Something is wrong with the whole damn world.

Chas

[noonereal]

Originally Posted by Charles

Something is wrong with the whole damn world.

Chas

yeah but honest, with the wealth in this country to have that kind of responsibility and not even being able to care for yourself is a bit much

working poor after 4 years of loans and happy to be in this position

[BlueStreak]

Originally Posted by noonereal

I heard a story last week about my cousins kid. She had just finished interning at a bakery and graduated college.
She was offered a job at the same bakery to supervise 4 locations.

Everyone was thrilled.

She will make $35, 000.

Sounds great right?

Well that is the equivalent of $8,700.00 in 76.

In other words, in today's world you can have a college degree and the responsibility of 4 retail locations and have to live with your family or roommates to survive.

and this kid also has to pay off student loans? how?

something is very wrong with this country

We have to keep the rich happy or they'll get angry and do mean things to us.

(In other words, satisfy the greediest among us, as if such a thing is even possible.)

[bhunter]

Originally Posted by noonereal

I heard a story last week about my cousins kid. She had just finished interning at a bakery and graduated college.
She was offered a job at the same bakery to supervise 4 locations.

Everyone was thrilled.

She will make $35, 000.

Sounds great right?

Well that is the equivalent of $8,700.00 in 76.

In other words, in today's world you can have a college degree and the responsibility of 4 retail locations and have to live with your family or roommates to survive.

and this kid also has to pay off student loans? how?

something is very wrong with this country

What did you use to get the $8700.00 number?

[noonereal]

Originally Posted by bhunter

What did you use to get the $8700.00 number?

found an inflation calculator on line

[Charles]

Originally Posted by noonereal

found an inflation calculator on line

I'm not sure that the Fed Reserve has devalued out currency to 25% of the actual value it was in 1976, but it's probably not that far off.

The best I remember, you could buy a new 1,000 SF (main level) split foyer in a new subdivision for about 29K, around here, and people wondered how they would ever pay for it.

Chas

[merrylander]

Originally Posted by noonereal

I heard a story last week about my cousins kid. She had just finished interning at a bakery and graduated college.
She was offered a job at the same bakery to supervise 4 locations.

Everyone was thrilled.

She will make $35, 000.

Sounds great right?

Well that is the equivalent of $8,700.00 in 76.

In other words, in today's world you can have a college degree and the responsibility of 4 retail locations and have to live with your family or roommates to survive.

and this kid also has to pay off student loans? how?

something is very wrong with this country

None I sure hope it was not one of these new diploma mills, i.e., private colleges. This is the latest Wall Street scam. Private corporations buy up small colleges and slash spending per student on education but jack up the fees. They run scads of people to recruit new students and show them how to get government backed loans. They keep the profits and we pick up the losses.

[d-ray657]

Originally Posted by merrylander

None I sure hope it was not one of these new diploma mills, i.e., private colleges. This is the latest Wall Street scam. Private corporations buy up small colleges and slash spending per student on education but jack up the fees. They run scads of people to recruit new students and show them how to get government backed loans. They keep the profits and we pick up the losses.

I had never thought of educational institutions as fodder for vulture capitalists.

Regards,

D-Ray