Median family incomes fall again

[pd1]

http://www.nytimes.com/2011/10/10/us/recession-officially-over-us-incomes-kept-falling.html


Middle class America still shrinking.

Remember this number has 50% making more and 50% making less.

 

[Duff Miver]

John Paulson made $3.2 billion last year. Since he created nothing of value for that, the money has to come out of the pockets of those who do productive work.

Of course JP's income helps the average. He made as much as 140,000 average working folks.

Capitalism at work.

 

[ssd]

U should be happy to know that Paulson's main fund is getting reamed this year and because of the losses, he is getting hit with redemptions as well.

 

[Duff Miver]

U should be happy to know that Paulson's main fund is getting reamed this year and because of the losses, he is getting hit with redemptions as well.

So....is he going to give the 3.2 back?

 

[ssd]

No, i think he'll need it to live on in his retirement after his returns and redemptions from this year.

Karma can be a real bitch