Looking at this:
IT turns out the other half — or at least the tiny slice who live at the top of the wealth pyramid — are not sleeping any better than the rest of America.Made me think about this:
At a closed-door meeting of advisers to family offices — which serve families who typically are worth more than $500 million — I learned that the super-rich are just as concerned about the future as everyone else.
Even though the stock market has rebounded from its March 9 low, the family office advisers said many of their wealthiest clients were bracing for more bad news and wondering how it would affect their family unity.
“They are now looking at financial planning and things middle-class families live by,” Kathryn McCarthy, a leading adviser to wealthy families, including the Rockefellers, said at the gathering this week convened by Bessemer Trust
Before you start laughing up your sleeve, be advised that this is not a good thing. When the super-rich get cold feet, the rest of America gets swine flu. They are, after all, the people who might finance new companies that create jobs, make big investments to support existing companies and spread their wealth throughout the economy.
My soul extols the Lord, and my spirit rejoices in God my Savior, for he has shown consideration for the lowly stature of his slave. As a consequence, from now on every generation will congratulate me; the Mighty One has done great things for me, and holy is his name, and his mercy will come to generation after generation of those who fear him. He has shown the strength of his arm, he has put the arrogant to rout, along with their private schemes; he has pulled the mighty down from their thrones, and exalted the lowly; he has filled the hungry with good things, and sent the rich away empty. He has come to the aid of his servant Israel, remembering his mercy, as he spoke to our ancestors, to Abraham and to his descendants forever. (Luke 1:46-56, SV)Might I especially recommend that last line as an alternative to the weltanschaaung of the article, as expressed in that last quoted paragraph?