Washington Post Story Highlights the Difference Between “The Rich” and the Rest of Us
For most of us, layoffs in hard economic times are disasters. We lose our health insurance, often lose our homes to foreclosure, and spend most of our time frantically searching for a new job or freelance work. But hedge fund execs and other financiers (AKA “gamblers,” but with other people’s money) are so much wealthier (and taxed so much less) than the rest of us that this is how some of them are reacting to unemployment: Out-of-Work Financiers Reap Dividends of Seeing the World.
Must be nice, eh? 