AIG spent US$440,000 on spa, resort after bailout, lawmakers say
"American International Group Inc. spent US$440,000 on a conference at a California resort less than a week after an US$85-billion government takeover, lawmakers said."
"The bill from the St. Regis resort in Monarch Beach included US$23,380 for spa services"
Showing posts with label Class warfare. Show all posts
Showing posts with label Class warfare. Show all posts
Tuesday, October 7, 2008
Tuesday, September 30, 2008
Is the status of the middle class getting worse?
Take a look at electronics, computer and media. In the 1960s you might have a land line phone with a couple of extensions. You may of had a 19" color TV that received three to eight channels. Computers were only for large companies. You might have had a phonograph and a collection of albums with scratches. You may of had a family car which probably had seat belts that you didn't wear.
Today, you probably have a cell phone for each member of the family. You probably have a 27" color TV or larger in a couple rooms in your house. You might even posses a high-definition television set. You are probably connected to cable or satellite, with 70 to hundreds of channels. You probably have at least one computer, connected to the internet. You probably have an IPOD with 1000s of songs at your fingertips You may have a VCR recorder, DVD player, and or TIVO. You probably have a microwave. You probably have a car for each adult in the family, your car has lap belts which you use, and may have air bags.
Your doctor had a much more limited choices of tests, operations and drugs to give you. The elderly now have cheaper prescription drugs. Social Security now provides a greater percentage of living cost than before.
If you were a young man you were subject to the draft. More women and blacks go to college these days. Race relations are better than the 60s.
Flying is much cheaper today. There is more variety of food choices.
So what else is better or worse for the middle class than in the 1960s?
Today, you probably have a cell phone for each member of the family. You probably have a 27" color TV or larger in a couple rooms in your house. You might even posses a high-definition television set. You are probably connected to cable or satellite, with 70 to hundreds of channels. You probably have at least one computer, connected to the internet. You probably have an IPOD with 1000s of songs at your fingertips You may have a VCR recorder, DVD player, and or TIVO. You probably have a microwave. You probably have a car for each adult in the family, your car has lap belts which you use, and may have air bags.
Your doctor had a much more limited choices of tests, operations and drugs to give you. The elderly now have cheaper prescription drugs. Social Security now provides a greater percentage of living cost than before.
If you were a young man you were subject to the draft. More women and blacks go to college these days. Race relations are better than the 60s.
Flying is much cheaper today. There is more variety of food choices.
So what else is better or worse for the middle class than in the 1960s?
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