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(Marketwatch)   Neiman-Marcus posts 3Q loss as sales of $1.7-million winged submarines and $400,000 his and her robots unexpectedly decline   ( marketwatch.com) divider line
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2568 clicks; posted to Business » on 14 Jun 2014 at 1:37 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-06-14 02:06:08 AM  
3 votes:

bionicjoe: To be honest that kind of crap as been selling steadily since 2008.
The financial crisis seemed to skip 1 - 0.1% of population differently. The free market is fickle.


This whole culture war against the 1% should really be against the .1%. You only have to earn $350,000 a year to be in the 1%, and that's not all that much money. Any decent medical specialist makes that in a year. Doctors are hardly hedge fund managers or bankers or a Walton.

But I guess the 1% thing has a nicer ring than .1%.
Zel [TotalFark]
2014-06-14 09:34:56 AM  
2 votes:
While 350k is almost 10x the median, it's still just well-off civilian. The real problem class is 10x them, where money doesn't come from income but interest. Then you get detached from the real world.
2014-06-14 04:08:26 AM  
2 votes:

bionicjoe: To be honest that kind of crap as been selling steadily since 2008.
The financial crisis seemed to skip 1 - 0.1% of population differently. The free market is fickle.


They had nothing to worry about. When they caused the crash in 2007, GW Bush used OUR money to cover the difference so that their bonuses wouldn't be reduced.
2014-06-14 01:43:14 AM  
1 vote:
But the real questions is, how much are their cookies?
 
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