Word: riche
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Dates: during 1980-1989
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...some wonder if charity is in danger of succumbing to chic. New York Financier Felix Rohatyn, who along with his wife Elizabeth has launched a small crusade against events that concentrate more on social glamour than helping worthy causes, is concerned that the pet charities of the New York rich, the favored museums and cultural institutions and hospitals, will sop up money that could be better used to help less fashionable but equally needy causes. "Why should a program for the homeless be allowed to disintegrate," he asks, "if at the same time large institutions with professional fund- raising staffs...
...becomes a freedom to make fortunes, to consume happily in a materialist society. But does it follow that those who do not have money are not free? Certainly. Anatole France had a scathing line: "The law in its majestic equality forbids all men to sleep under bridges . . . the rich as well as the poor." Freedom is a feast to which the poor are not wholly invited. On the other hand, one thinks of Howard Hughes in his Las Vegas hotel, naked and phobic, living in his own penthouse gulag...
...presidential campaign, the Democratic candidate George McGovern discovered something about the American dream. Speaking to some workers in a rubber factory near Akron, he made a promise that he thought would make him popular with blue-collar workers. He said that he would increase inheritance taxes so the rich could leave very little to their families after their death. To McGovern's surprise, he was loudly booed. The workers didn't like the idea. They wanted to leave as much money as possible to their families. It was part of the American dream to make the next generation better...
...There are legions of winners and losers on both the corporate and personal sides; yet the lure of substantially lower rates and the chance for businesses to compete on a level playing field have helped generate an unusually diverse, if fragile, alliance of more than 600 lobbying interests representing rich and poor, individuals and businesses alike. Called the 15/ 27/33 Coalition (after the proposed rates of 15% and 27% for individuals and 33% for corporations), it is pledged to oppose any substantive amendments to the bill on the Senate floor...
Television and movies reassuringly confirm foreigners' preconceptions of America and Americans. Such notions tend to be superficial and overdrawn, just like pop. The U.S. is violent; just look at Miami Vice. The U.S. is amazingly rich; look at Falcon Crest. The U.S. is zany--and rich and violent; look at Beverly Hills Cop. It is telling that Vanessa Redgrave defends Dynasty and Dallas on Trotskyist grounds. These portrayals of American ruling-class mischief, she says, are politically correct...