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Good morning, friends! It was a quiet, cold, rainy weekend here in Massachusetts, so I spent it the way that such weekends should be spent: at the movies on Saturday and on my couch on Sunday. Perhaps not the most exciting weekend, but at the very least, it was a little bit better than some people’s.
Wendy’s Fans
I couldn’t tell you the last time I ate at a Wendy’s, but I am sure there are plenty of people that enjoy that little red-headed witch’s fast food. While it’s obvious that fast food is not good for your body, people who enjoy Wendy’s may also be taking a hit to their credit rating.
A February cyber-attack at the chain exposed customer data from hundreds of Wendy’s locations around the country. The data stolen included cardholder names, card numbers, expiration dates, and CVV numbers — all of the information needed to make purchases.
The company has released a list of stores that were affected by the breach and it also is offering “free fraud consultation and identity restoration services” to anyone that had their information stolen.
It will probably the most expensive Frostee some of those people ever bought. [via Eater.com]
Amanda Warfel
If you’ve having sex so good that you’re being loud enough to bug your neighbors, things can’t be that bad for you, right? Well, if you’re this woman from Red Lion, PA, that’s not exactly true.
The 25-year-old Warfel was sentenced on Friday to spend 45 to 90 days in York County Prison after she pleaded guilty to disorderly conduct and harassment regarding her neighbors who share a wall in their row houses. The changes stemmed from Warfel “loudly fornicating and banging around her bedroom to the degree that the victims’ dresser and her own bed shook.”
Before you think Warfel’s neighbors are uptight asses, consider this: on the other side of Warfel’s bedroom wall were two teenagers, who were often kept up until 3 a.m. by the sex noises and loud music. The mom of the household — where her terminally ill husband also lives — repeatedly asked Warfel to keep it down, and she refused. Afterward, “Warfel would call her daughters names and threaten them” and “As she was having sex, she would describe the acts loudly enough for the girls to hear,” the mom told YDR.com.
I guess it’s true that crazy chicks are the best at sex? [via YDR.com]
This Guy At Thursday Night’s Cubs Game
An unnamed man likely spent the weekend in some pain after he tried to jump from the right field bleachers onto the field during the Cubs-Braves game at Wrigley Field.
According to The Chicago Sun-Times:
During a lengthy rain delay before the game, the man ignored ushers’ orders and leaped from the wall and then clipped the “basket” extending from the wall with his foot, flipping him to the warning track below, according to people at the scene and Twitter feeds from people claiming to be in the seating area.
The condition of the man, who was already taking his life into his hands by wearing a Mets jersey to Wrigley Field, is unknown, but I think it’s safe to assume his weekend wasn’t great…particularly since the Mets lost all three of their games this weekend. [via Chicago Sun Times]
Kylie Jenner
I remember the day in my late teens when I found my first grey hair. While I cursed my mother for her genetics, I pondered if this meant I was officially “old.” So while I find it difficult to sympathize with Kylie Jenner as that she has more money at 18 than I’ll ever see in my lifetime, but this is one instance in that I feel her anguish.
On second thought…I don’t feel so bad. [via US Magazine]
The 1%
Much like Kylie Jenner, I find it hard to feel bad for the top 1% of richest Americans. But even if you are a millionaire, it sucks to not have as much money as you had before.
According to data collected by Emmanuel Saez, an economics professor at UC Berkeley, the recovery from the recession for this group hadn’t been easy, showing that the average income of the top 1% today is 12% less than it was in 2007, falling from $1.56 million to $1.36 million today.
Boo-hoo, right? According to Fortune, “However, the rest of America may have a hard time finding any sympathy for this elite group, as their average income is still only 5% lower than pre-recession levels. The rest of us — the 99% — had an average income of $48,768 in 2015, which is down from $51,280 in 2007.”
Yeah, screw them. [via Fortune].
Image via Sky Cinema / Shutterstock.com
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Jenna Crowley
Jenna used to be known as 2NOTBrokeGirls, but then one of the girls actually went broke, so she's struck out on her own. Jenna spends her free time saving the world, one sorority girl at a time (usually while wearing yoga pants), questioning why she decided to get a doctorate, documenting her love of all things cheese related, and hosting the new PGP podcast Don't Take It From Us. You can ask her anything you want about football, using your boobs to get what you want, and pizza at @JennaLCrowley on Twitter or via email at JennaLCrowley@gmail.com.
@JennaLCrowley
@donttakeitfromus
Got my card number stolen but the bank stopped the charges from going through. Discovering how it happened through a PGP article has to be the biggest #PGP of all time
Depending on what state you live in, having an annual household income of $150k can put you in the “1%.” If you have two parents with student debt and 3 kids in that household, that’s not a lot at all. But hey, keep demonizing “rich people” and see what happens.
People don’t understand finance or economics and any time you try to explain it to them they write you off as “a rich person” or “privileged” or “another republican who hates poor people.” I gave a speech in college on the truth of “income inequality” and everyone looked at me like I was the meanest and “out of touch” person they’ve ever seen. Sorry you don’t understand basic economics?
What is the truth of income inequality?
That it’s the only way to have a prosperous society. Economics deals with the problem of scarcity and by definition, wealth is scarce. Therefore, it’s impossible to have a society with income equality AND have it be wealthy. Your only option is for a society with wealth equality is for everyone to be poor. See: Venezuela.
But if you kill off a large portion of the population once automation becomes affordable to implement and streamlined, everyone alive can be wealthy! (This is not my theory, I got this from the Georgia Guidestones and the Denver Airport Murals)
Denver airport murals are definitely the way to go when learning economic theories. Milton Friedman would be proud.
But in all seriousness (and because my coffee just kicked in and I wanted to touch on this), because wealth is relative, it’s impossible for everyone in a society to be wealthy. What people don’t realize is that in socialist societies, there are still rich people – the ruling class. Except there the wealth gap between them and the average people is even greater than it is today in the very capitalist economies that everyone seems to hate. Go see how the ruling classes in Venezuela live. They aren’t standing in line for diapers and medication, that’s for sure.
Well I should’ve specified better, it was on the mythical gender wage gap to be precise. And that the whole $.77 per $1.00 ratio is a complete farce that one side likes to use in order to demonize the other by excluding major qualifications and other outside factors that go into the real wage gap, if any.
Totally agree, Desk Jockey. Economics should be a required course in every high school in America, maybe even every middle school. Once I started studying economics, it completely changed how I viewed the world. I think if economics was part of the basic curriculum, a lot more young adults would vote for fiscal conservatism.
Ya, could you send me the PowerPoint presentation you put together? I need something to actually do at work today.
Just curious, but what the hell state is that? My ladyfriend and I live in Colorado and $180K household income qualifies us as yuppies who still can’t afford real dining room furniture.
It looks like my number was off but quite a bit, based on the link that Bluegrass Money posted, but I think the point still stands. Most people in the 1% are not even close to wealthy enough to influence laws and elections. Regardless, I don’t think anyone should be taxed at the rate that Occupy Wall Street and Bernie Sanders suggest.
Where did you pull 1% = $150k? Everything I’ve read puts it closer to $450k, which is a helluva lotta money no matter where you are.
I misremembered a Pew article I read a while ago and didn’t fact check myself. $150,000 is considered well into the upper class in many states. It was the upper class number that I mixed up with the 1%. That’s my bad. http://www.pewresearch.org/fact-tank/2016/05/11/are-you-in-the-american-middle-class/
That’s why all these federally imposed (or hope to be imposed) laws like federal taxes and minimum wage are bs. For simplicity’s sake, if cost of living between California and Oklahoma is 2:1, then someone making $150K in California is worse off than someone making $75K in Oklahoma because the person living in California has to pay higher federal taxes.
A federal increase of minimum wage to $15, which was just recently added to the Democratic party’s official platform, will decimate economies in states where the cost of living is relatively low.
How does the country pay its bills without federal taxes?
How’d we do it before the implementation of the income tax in 1913?
I don’t think that we should abolish the income or anything like that. I’m just saying that when people talk about incomes and standard of living in different states, they need to take into consideration federally imposed laws, like taxes and minimum wage, which can have more or less of an impact since they’re equally imposed in all states.
We paid all of our bills with tariffs and excise taxes before 1913.
Ah yes, because the world hasn’t changed since 1913.
That’s not true; government had taxed income before, but it was always a temporary measure (Civil War, for one example).
Even with taxes, bills are not being paid.
I think he underestimated it slightly. It’s closer to $250K.
http://mentalfloss.com/article/61362/what-youd-have-make-be-top-1-each-state (From 2015, but it’s a reference)
People being upset at the 1% is just dumb. Like you said, the majority of them aren’t actually wealthy enough to have any real influence. That’s the 1% of the 1%, and there is a large gap between those individuals.
Wyoming
That statistic in itself is proof at how sad things have become. We’re gonna have to start this humanity experiment over. This whole me tart existence thing isn’t working out.
Monetary*
I gotchu fam
http://www.marketwatch.com/story/this-is-how-much-the-top-1-makes-in-each-state-2016-06-18
You’re looking at at least $200k gross household income. Assuming typical movement upward through the ranks of a company – particularly with STEM and management – a couple can reach that number by their 40s. If this factors in investments, IRAs, and other wealth development, ease of access to that magical number gets easier. The hatred for the “1%” is usually for the “0.1%” – your hedge fund managers, corporate cronies, Warren Buffets, etc. That shit doesn’t happen through honest market interactions. Laws have to be passed in your favor. The stuff that everyone knows happens but CNN won’t talk about it.
one person who had a better weekend then you: Amanda Warfel’s boyfriend. Fucked the shit out of a crazy girl and then had a beautiful excuse to break up with her due to the insanely loud sex.
That 4 for 4 deal has allowed me to get to my next paycheck on more than one occasion, I will not speak badly of it.
I needed to slow down the Wendy’s train anyway. That 4 for 4 deal was too good to pass up. Lotta self-hate goes into that.