On Mon, 18 Apr 2011 22:17:24 -0400, Wayne B
wrote:

On Mon, 18 Apr 2011 18:50:12 -0700, wrote:

Two refrigeration systems... I'm so glad you're middle class!

Sweat equity my poor confused woman, very middle class. The truly
wealthy call someone up and get it done for them. Installing it
themselves would interfere with tennis lessons or the bridge game.

Your turn: Define middle class.

It's shrinking. Sweat equity has nothing to do with it. Lots of people
in the lower socio-economic level work very hard and try and save.

Many people in the middle class take tennis lessons and play bridge.

It used to be that middle class was defined by relatively stable
economic situations, but more and more people are losing their homes
and going hungry even. You may not be "truly wealthy," but you're
certainly not in the middle. Someone who has a boat they use as a
second, vacation home and travel around, seemingly endlessly, someone
who has two fridges on their boat for God Sake, isn't really middle
class, at least not compared to the vast majority of people.

On Mon, 18 Apr 2011 23:09:56 -0400, wrote:

On Mon, 18 Apr 2011 19:54:24 -0700, wrote:

On Mon, 18 Apr 2011 22:17:24 -0400, Wayne B
wrote:

On Mon, 18 Apr 2011 18:50:12 -0700, wrote:

Two refrigeration systems... I'm so glad you're middle class!

Sweat equity my poor confused woman, very middle class. The truly
wealthy call someone up and get it done for them. Installing it
themselves would interfere with tennis lessons or the bridge game.

Your turn: Define middle class.

It's shrinking. Sweat equity has nothing to do with it. Lots of people
in the lower socio-economic level work very hard and try and save.

Many people in the middle class take tennis lessons and play bridge.

It used to be that middle class was defined by relatively stable
economic situations, but more and more people are losing their homes
and going hungry even. You may not be "truly wealthy," but you're
certainly not in the middle. Someone who has a boat they use as a
second, vacation home and travel around, seemingly endlessly, someone
who has two fridges on their boat for God Sake, isn't really middle
class, at least not compared to the vast majority of people.

You are one of the people who told me "middle class" was $100k, or was
it $125k and above when I asked the question.

What's that got to do with Wayne pimping his huge trawler as his
second home?

You're now claiming middle class doesn't include those who make
$100K/yr?

wrote:
On Mon, 18 Apr 2011 23:09:56 -0400, wrote:

On Mon, 18 Apr 2011 19:54:24 -0700, wrote:

On Mon, 18 Apr 2011 22:17:24 -0400, Wayne B
wrote:

On Mon, 18 Apr 2011 18:50:12 -0700, wrote:

Two refrigeration systems... I'm so glad you're middle class!
Sweat equity my poor confused woman, very middle class. The truly
wealthy call someone up and get it done for them. Installing it
themselves would interfere with tennis lessons or the bridge game.

Your turn: Define middle class.
It's shrinking. Sweat equity has nothing to do with it. Lots of people
in the lower socio-economic level work very hard and try and save.

Many people in the middle class take tennis lessons and play bridge.

It used to be that middle class was defined by relatively stable
economic situations, but more and more people are losing their homes
and going hungry even. You may not be "truly wealthy," but you're
certainly not in the middle. Someone who has a boat they use as a
second, vacation home and travel around, seemingly endlessly, someone
who has two fridges on their boat for God Sake, isn't really middle
class, at least not compared to the vast majority of people.
You are one of the people who told me "middle class" was $100k, or was
it $125k and above when I asked the question.

What's that got to do with Wayne pimping his huge trawler as his
second home?

You're now claiming middle class doesn't include those who make
$100K/yr?

I'd guess $100,000 was at the top level of what could be called middle
income. Middle class is a much misused term; I'm not sure what it
*really* means anymore.

People who spend half their year cruising on a posh 50' yacht are
neither middle income nor middle class.

On Tue, 19 Apr 2011 12:56:55 -0400, Harryk
wrote:

People who spend half their year cruising on a posh 50' yacht are
neither middle income nor middle class.

Nonsense. Who says that the middle class can't retire comfortably?

For what it's worth, private banks and other high end investment
management firms now define "wealthy" as those with a net worth over
$5 million, and that's the lower tier. Their top tier clients
generally are over $20m. I know a few people who qualify but not too
many.

Wayne B wrote:
On Tue, 19 Apr 2011 12:56:55 -0400,
wrote:

People who spend half their year cruising on a posh 50' yacht are
neither middle income nor middle class.

Nonsense. Who says that the middle class can't retire comfortably?

For what it's worth, private banks and other high end investment
management firms now define "wealthy" as those with a net worth over
$5 million, and that's the lower tier. Their top tier clients
generally are over $20m. I know a few people who qualify but not too
many.



Now I know what you use to keep your boat afloat, w'hine. It's your
delusional bull****.

On Tue, 19 Apr 2011 17:34:27 -0400, Harryk
wrote:

Wayne B wrote:
On Tue, 19 Apr 2011 12:56:55 -0400,
wrote:

People who spend half their year cruising on a posh 50' yacht are
neither middle income nor middle class.

Nonsense. Who says that the middle class can't retire comfortably?

For what it's worth, private banks and other high end investment
management firms now define "wealthy" as those with a net worth over
$5 million, and that's the lower tier. Their top tier clients
generally are over $20m. I know a few people who qualify but not too
many.



Now I know what you use to keep your boat afloat, w'hine. It's your
delusional bull****.

You don't have to take my word for it:

http://en.wikipedia.org/wiki/Private_banking

http://en.wikipedia.org/wiki/High_net_worth_individual

Those numbers are a bit out of date although somewhere in the
ballpark.

I worked for a well known private bank back in the early 90s. At
that time they had two tiers of "high net worth" (wealthy) clients.
Tier 1 was $1m to $10m, Tier 2 was $10m and over. That has since been
changed, now ranging from $5m to $20m at Tier 1, and Tier 2 is now
over $20m. Make some calls if you'd like. They'll be happy to talk
if you qualify. I don't, but still know people who work there. Let
me know if you need a reference.

In article ,
says...

On Tue, 19 Apr 2011 12:56:55 -0400, Harryk
wrote:

People who spend half their year cruising on a posh 50' yacht are
neither middle income nor middle class.

Nonsense. Who says that the middle class can't retire comfortably?

For what it's worth, private banks and other high end investment
management firms now define "wealthy" as those with a net worth over
$5 million, and that's the lower tier. Their top tier clients
generally are over $20m. I know a few people who qualify but not too
many.

I consider under 75,000 a year, lower middle class, and middle class is
from about 75,000 at a low end, and maybe 150-175,000 the upper end of
middle class. If you are making a quarter million a year, you are not
middle class...

--
Team Rowdy Mouse, Banned from the Mall for life!

In article ,
says...

In article ,
says...

On Tue, 19 Apr 2011 12:56:55 -0400, Harryk
wrote:

People who spend half their year cruising on a posh 50' yacht are
neither middle income nor middle class.

Nonsense. Who says that the middle class can't retire comfortably?

For what it's worth, private banks and other high end investment
management firms now define "wealthy" as those with a net worth over
$5 million, and that's the lower tier. Their top tier clients
generally are over $20m. I know a few people who qualify but not too
many.

I consider under 75,000 a year, lower middle class, and middle class is
from about 75,000 at a low end, and maybe 150-175,000 the upper end of
middle class. If you are making a quarter million a year, you are not
middle class...

And if you have more than say 2 1/2 - 3 million in assets, you are
probably not middle class either...

--
Team Rowdy Mouse, Banned from the Mall for life!

On Tue, 19 Apr 2011 19:53:30 -0400, wrote:

On Tue, 19 Apr 2011 09:37:47 -0700, wrote:

On Mon, 18 Apr 2011 23:09:56 -0400, wrote:

On Mon, 18 Apr 2011 19:54:24 -0700, wrote:

On Mon, 18 Apr 2011 22:17:24 -0400, Wayne B
wrote:

On Mon, 18 Apr 2011 18:50:12 -0700, wrote:

Two refrigeration systems... I'm so glad you're middle class!

Sweat equity my poor confused woman, very middle class. The truly
wealthy call someone up and get it done for them. Installing it
themselves would interfere with tennis lessons or the bridge game.

Your turn: Define middle class.

It's shrinking. Sweat equity has nothing to do with it. Lots of people
in the lower socio-economic level work very hard and try and save.

Many people in the middle class take tennis lessons and play bridge.

It used to be that middle class was defined by relatively stable
economic situations, but more and more people are losing their homes
and going hungry even. You may not be "truly wealthy," but you're
certainly not in the middle. Someone who has a boat they use as a
second, vacation home and travel around, seemingly endlessly, someone
who has two fridges on their boat for God Sake, isn't really middle
class, at least not compared to the vast majority of people.

You are one of the people who told me "middle class" was $100k, or was
it $125k and above when I asked the question.

What's that got to do with Wayne pimping his huge trawler as his
second home?

You're now claiming middle class doesn't include those who make
$100K/yr?

I have not even tried to define middle class but there seem to be a
lot of people here who claim to know.
They all seem to be destitute if I believe you and Bob.

Please show me where I said "all" middle class people are destitute.
You can't. I said that the middle class is shrinking and is having
problems. Sorry if the facts get in the way of your rhetoric.