Showing posts with label The 1%. Show all posts
Showing posts with label The 1%. Show all posts

Sunday, May 17, 2020

Think Hillary: both authoritarian, compassionless and psych greed monsters

Coronavirus and a savage memoir could kill off Anna Wintour’s career

Given its virulence and staying power, it’s looking like COVID-19 might do what decades of rumors, Condé Nast power plays, Page Six leaks and “The Devil Wears Prada” — the book and the movie — could not: Kill off Anna Wintour’s career.
The first sign she was newly vulnerable came in March, with the announcement that the Met Gala, which doubles as Wintour’s annual re-coronation as high fashion’s queen, would be postponed indefinitely.
Then last week, her former longtime Vogue consigliere-slash-apologist André Leon Talley did the classic double-air-kiss before plunging the knifein Wintour’s back.
“I love her,” Talley told People magazine while promoting his campily titled memoir “The Chiffon Trenches,” out Tuesday.
“People may see my book as a vengeful, bitchy tell-all. It is not.”
Oh, but it is.
“Ruthless,” “incapable of human kindness” and “immune to anyone other than the powerful and famous people who populate the pages of Vogue” are just three ways Talley describes her in his book.
Designer Ralph Rucci, historically excluded from Vogue, rushed to Instagram to call Wintour “satanic” and the root of “so much personal evil and destruction.”
It’s not like any of this is news. In 2009, Wintour sat for a biting “60 Minutes” profile in which journalist Morley Safer called her “Darth Vader in a frock,” wondered to her face if she was, in fact, “a bitch” and compared Meryl Streep’s portrayal of her in “Devil” as “a teddy bear” compared to the real thing.
Enlarge ImageDespite the odds, Anna Wintour is able to portray a resilient brand and portray strength, like here at the 2019 MET Gala.
This year’s Met Gala, which doubles as Wintour’s annual re-coronation as high fashion’s queen, has been postponed indefinitely.Getty Images
Wintour did herself no favors by telling Safer what she thought of the average American fashion consumer. “I had just been on a trip to Minnesota,” she said, “where I can only kindly describe most of the people I saw as little houses.”
Only kindly!!!!
Talley is 6-foot-6 and has long been so obese he wears only caftans. What must he have felt when he watched that interview?
And yet, he stuck around, through a significant demotion, until Wintour ousted him in 2018.
Even back in 2009, rumors — and hopes — were swirling that Anna was on her way out, that her loftiness, her imperiousness and her excess (a $200,000 annual clothing budget provided by Condé Nast atop daily hair and makeup) had no place in recession-era America.
“Twenty years on the throne,” Safer intoned, and “her days may be numbered.”
Yet here she is, still. Even as Vogue slides ever downward in profitability and relevance — the rise of reality shows, YouTube stars and influencers has new generations looking elsewhere for fashion and beauty guidance — Wintour has clung to her considerable power, one that had her reportedly dictating which stars wore which designers’ gowns to the Met Gala (a k a “The Fashion World’s Oscars”). Anna even made Oprah lose weight before she’d put her on Vogue’s cover!
She may be a bully, but she is also an expert strategist, failing so upward at Condé that she was named the company’s creative director in 2013 and “global content advisor” for Condé’s international brands in 2019.
This, despite star editors Graydon Carter and Cindi Leive departing in 2017. That same year, Teen Vogue, Wintour’s baby, folded its print edition. The print frequency of Glamour, Allure, GQ, Architectural Digest, W, Bon Appetit and Condé Nast Traveler all shrunk. Observers noted that Wintour, approaching 70 at this point, had a penchant for remaking other titles in the image and likeness of, yes, Vogue.
But it’s only now, as this pandemic has disrupted nearly every industry on the planet, that Wintour is facing real danger. Just three months ago, her cruelty was on full display when she gathered her flock at Paris Vogue’s headquarters during that city’s fashion week as the teams from other fashion magazines headed home, fleeing coronavirus.
“The message from Anna was, ‘This is not a big deal,’ ” one staffer told The New York Times. Left unsaid but understood: None of her people, no matter how scared or vulnerable, were to ask to go home.
Wintour also, according to the Times, “made arch jokes about people who had fled,” then later told her staff to keep coming to Vogue’s downtown offices in New York until the mayor issued his shelter-in-place edict.
Enlarge ImageAnna Wintour attends the presentation of the exhibition 'About Time: Fashion and Duration' at the Orsay Museum in Paris, France, in February 2020.
Just three months ago, Wintour’s cruelty was on full display when she gathered her flock at Paris Vogue’s headquarters during that city’s fashion week as the teams from other fashion magazines headed home, fleeing coronavirus.EPA
Since then, Wintour has been forced to take a 20 percent pay cut off her reported $2 million annual salary and desperately reinvent herself as one who understands the masses. So here is the new COVID-ready Wintour, posting photos of herself working from home in athleisure (one category soaring in sales as luxury brands plummet). Here she is introducing “Vogue Global Conversations” (online discussions with top designers), available to the great unwashed for free. Here she is partnering with Amazon, till now frozen out by luxury brands and niche designers, in a last-ditch attempt to save her dying industry.
Ironically, the theme of this year’s Met Gala was “About Time: Fashion and Its Duration.” As Americans hunker down in sweats and slippers, realizing that comfort is the ultimate — and affordable — luxury, Wintour surely must wonder if her own time is over.

Thursday, June 27, 2019

An American oligarch: Michael Bloomberg. Note they're all Democrats except Koch who is Libertarian.

Michael Bloomberg is the richest person in New York




Michael Bloomberg is the richest person in New York, according to a Forbes 2019 analysis of the wealthiest residents by state.
The former mayor is worth $53.8 billion, good enough to be considered the 9th richest person in the world.
Bloomberg replaced Koch Industries majority owner David Koch, who in 2018 was New York’s richest resident with a $51.5 billion fortune, according to Forbes.
Washington took the cake this year with the richest man in the US — and the world — in Amazon founder Jeff Bezos, who’s valued at $157 billion, the analysis found.
The richest California resident was Facebook leader Mark Zuckerberg, worth $71 billion. His fortune puts him at ninth richest in the world.
Alaska, on the other hand, is home to the lowest-earning richest people on the list. Leonard Hyde and Jonathan Rubini, both commercial real estate developers, were tied with $300 million fortunes.

Wednesday, April 10, 2019

Xiaomi's founder Lei Jun receives £735m bonus

Xiaomi's founder Lei Jun receives £735m bonus

Lei JunImage copyrightGETTY IMAGES
Image captionLei Jun has said he will give the giant bonus to charity
The founder of Xiaomi has been given a "reward" worth more than £735m by the Chinese smartphone-maker.
The company had previously said it intended to make the share-based bonus to Lei Jun in recognition of his eight years of "devotion" to the company.
Lei in turn has promised to donate the sum to "charitable purposes" once taxes have been deducted from the compensation package.
The 636.6 million shares involved were worth 7.54bn Hong Kong dollars ($962.0m; £735.6m) based on their closing price on Tuesday after they rose 1% over the course of the day.
The amount is not far behind the 8.6bn yuan ($1.3bn; £980m) figure declared as Xiaomi's adjusted net profit for the year.
The share transfer is in addition to other payments the company made to Lei including a salary and dividends, for which an exact sum was not given.
The payment follows the flotation of the company's stock in Hong Kong in July.

Growing fast

Beijing-based Xiaomi was the world's fourth biggest smartphone maker in 2018, according to the market research firm IDC, after Samsung, Apple and Huawei.
The number of handsets it shipped rose by 32.2% over the period at a time when the wider market contracted by 4.1%, said IDC.
Nine-year-old Xiaomi began selling its phones in the UK in November alongside other products including electric scooters and fitness-tracking wristbands.
XiaomiImage copyrightGETTY IMAGES
Image captionXiaomi recently expanded into the UK after finding success in Spain and other parts of Europe
In its home market of China, its range of goods is far wider, with recent launches including a wireless vacuum cleaner, a sweeping robot and smart running shoes with automatic laces.
But Xiaomi remains best known for its phones. And over the past month the company has experienced problems with the launch of its latest flagship models - the Mi 9 series - which it failed to manufacture fast enough to meet demand.
At one point Lei - who is Xiaomi's president - was reported to have declared he would "go to the factory and drive the screws in myself", if matters did not improve. 

Monday, April 9, 2018

Hate Trump you get the kid glove treatment....this man was a poster child for the elite snowflakes. Everything he did was courtesy of his wealthy parents largesse. Was it a suicide?

Trump Tower fire victim Todd Brassner 'hated' living there

Todd BrassnerImage copyrightFACEBOOK
Image captionMr Brassner went through bankruptcy proceedings in 2015
The art collector killed in a blaze at New York City's Trump Tower had been trying to sell his flat and disliked US President Donald Trump, friends say.
Todd Brassner, 67, died on Saturday in hospital after the fire in his 50th-floor apartment. The blaze's cause has not yet been determined.
Friends told local media that Mr Brassner had been trying to move out of the Manhattan skyscraper.
His flat had no sprinklers, which Mr Trump reportedly opposed installing. 
Mr Brassner was an art collector who spent time with Andy Warhol.
He is reportedly mentioned several times in the Pop Art star's diaries and the artist dedicated at least one print to him.
But Mr Brassner went through bankruptcy proceedings in 2015.
Media captionTrump Tower fire: 'You got to get out'
Rachael Cain, a friend of Mr Brassner, told the New York Daily News: "He [Mr Brassner] hated living at Trump Tower. 
"He talked about not living there almost nonstop.
"He thought that [Trump] was the worst thing for our country."
Mr Brassner is said to have often complained about the security ring of steel around the skyscraper whenever Mr Trump was visiting during the election campaign.
Stephen Dwire, another friend of Mr Brassner, told the New York Times: "He said, 'This is getting untenable. It was like living in an armed camp.
"But when people heard it was a Trump building, he couldn't give it away."
A fire at Trump Tower in New YorkImage copyrightREUTERS
Image captionThe building contains offices and apartments
Mr Brassner - who reportedly bought his unit in 1996 - is said to have become depressed about living in the Fifth Avenue tower.
Bernard Joseph, another friend of Mr Brassner, told the Daily News: "He said, 'I have to get out of here,' a few times before and after the election."
Mr Brassner's apartment did not have sprinklers because the devices were not required in New York City skyscrapers when Trump Tower was built in 1983. 
Building code updates later required residential high rises to install the sprinklers retroactively.
But owners of older commercial skyscrapers were not required to install sprinklers unless major renovations occurred.
Mr Trump was among real estate developers who opposed retrofitting as unnecessary and expensive, according to US media.
New York's Department of Buildings said on Sunday that the city fire department was notified of the blaze through the Trump Tower smoke detectors in its heating and ventilation system.
The blaze sent black smoke pouring from the windows of the 664ft (200 m) skyscraper.
New York Fire Commissioner Daniel Nigro said Mr Brassner's apartment was "virtually entirely on fire" when fire crews arrived.
Mr Brassner was found "unconscious and unresponsive" when officers arrived at the scene.
No Trump family member was in the tower at the time.
The Trumps have an apartment near the top of the 58-storey building. 
The headquarters of the Trump Organization is on the 26th floor.

Moreover, CBS News added that the 67-year-old art collector’s family stopped helping him trade art by the end of 2014. He was also “plagued with debilitating medical problems that have made it difficult for him to function” during the past couple of years.

Thursday, May 4, 2017

The psychotic snowflakes expose themselves. Here are the real privileged elites.

Model claims Trump caused her ‘crippling anxiety.’ Here’s what she’s now demanding of the president

 
Model claims Trump caused her ‘crippling anxiety.’ Here’s what she’s now demanding of the president
In a series of tweets, celebrity model Christine Tiegen demands President Donald Trump pay for her medications to treat "crippling anxiety." (Mark Ralston/AFP/Getty Images) 

Celebrity model Christine Teigen, the wife of singer John Legend, claims in a series of tweets that President Donald Trump has caused her “crippling anxiety” — and now she’s demanding the recently elected commander in chief pay her medical bills.
“So f***ing tired of this manically insane, incompetent president and this dumpster fire administration I’m gonna have to go on another med,” Teigen tweeted Wednesday night, assuring her followers it was a “not a joke.”
“I think I need to either up my dosage or talk to my doctor to ‘see what works for me’ when the world explodes,” Teigen added.
In a separate tweet, the celebrity model claimed she “had a tooth shaved down because crippling anxiety” made her grind her teeth.
And for that, she said, “I blame Trump.”
But that’s not all of the struggles of the rich and famous model. Teigen said she also had a Botox injection into her jaw to “relieve tension.”
Teigen then claimed “it was not like this” before Trump became president. She went on to make quite the demand of the current White House occupant.
“Pay my bill, POS POTUS,” Teigen tweeted.
(H/T: Red State)

Tuesday, April 18, 2017

The Progressive focus on tax rates but the real story is that the lowest 40% pay a negative tax, meaning they profit from the tax code.

Despite Record Collections, 52,062,499 Filers Paid No Income Taxes in 2014


By Terence P. Jeffrey | April 18, 2017 | 12:30 PM EDT 

(AP Photo)
(CNSNews.com) - In tax year 2014, according to a report published by the Internal Revenue Service, the federal government hauled in a then-record $1,377,797,136,000 in individual income taxes.
Nonetheless, of the 148,606,578 individual income tax return filers that year, 52,062,499 (or 35 percent) filed what the IRS calls “nontaxable returns,” which means they paid no net individual income taxes.

More significantly 

On average, those in the bottom 40% of the income spectrum end up getting money from the government. Meanwhile, the richest 20% of Americans, by far, pay the most in income taxes, forking over nearly 87% of all the income tax collected by Uncle Sam. 
Rich people pay nearly 87% of all federal individual income tax in America
Income levelShare of total federal 
individual income tax paid
Average income tax bill 
per person
Lowest 20%-2.2%-$643
Second lowest 20%-1.7%-$621
Middle income4.2%$1,743
Second richest 20%12.9%$6,285
Richest 20%86.8%$50,176
Source: Tax Policy Center