Daily Archives: June 22, 2011

14 posts

The Tale of a Bankrupt Billionaire

Patricia Kluge and her newest husband, Bill Moses

I’m not sure how one squanders a divorce settlement whose value was rumored to range from one billion dollars to less than a million dollars a year but apparently it is possible.  In 1990 Patricia Kluge divorced from John Kluge, a man once considered the richest person in America. In the divorce, Pat received a sprawling 45-room, 26,000-square-foot home near Charlottesville, VA and a boatload of cash which most people agree was $1.6 million a week. Since then she has opened a successful winery whose wine was even served at Chelsea Clinton’s wedding last July and entered into a variety of other ventures. However,  the debts have been mounting as rumors of financial trouble started when her $100 million dollar estate was auctioned off and repossesed by Bank of America for $15.6 million. Recently, Kluge and her newest husband have also been auctioning off a lot of her own personal items in what has been viewed as an effort to pay down their debts which have been tallied at around $46 million dollars.

Photo Credit: NYSD

Taxi!

It bothers me when people berate cab drivers. In New York, the city would slam to a stop without these people who sit behind the wheel twelve hours a day and take you where you need to go. Critics say they drive like maniacs, they don’t know where they’re going, they’re always trying to scam passengers, and they don’t want to go to Brooklyn or Queens.

Back in the day, when I was devoid of both driver’s license and car, Butch would wait for me when I got off the commuter rail train in the bowels of Lawrence, Massachusetts. It was not a part of town where a young woman should be alone. Rarely did a cop bother to show up when the train came in. I was often asked if I was “selling” when attempting to cross the bridge over the Merrimack to the desolate downtown, where I could save two dollars on a taxi cab. That’s when I began hopping into Butch’s taxi. Continue reading

Man Robs Bank in Order to Get Healthcare

Two Thursdays ago James Richard Verone of Gaston County, NC woke up with sole intention of robbing a bank. Is Verone just another nefarious malcontent thumbing his nose at the hardworking men and women of America as he tries to cheat his way to wealth? No, rather he is something of a poster boy for the connection between poverty and crime. He only attempted to rob the bank of $1 and all he actualy wanted was to be able to see a doctor about his many physical ailments.

Continue reading