The Guttman family gave $2 million. Not sure if had anything to do with the Lyke hire but a nice "win" she can probably claim. Someone get her Tepper's number. It is beyond depressing that this is the single largest gift ever. We need the 1 percenters to start stepping up. A lot of programs have had 8 figure donations.
Pitt receives largest football gift ever
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I will never swear at a barge on our river system again. Hail to PITT and the Guttmans!
Assuming this isn't Fake News, nice to hear. (I honestly figured this was click bait and hesitated, expecting you were going to say "the one remotely positive thing about the crappy hoops program will shine a more positive light on football even if it only goes .500").
Hope they get the influence needed along with that money. And, of course, that they have interest in improving the sports I like.
Hope they get the influence needed along with that money. And, of course, that they have interest in improving the sports I like.
There used to be a guy that posted by the name of Corporate Panther and apparently he was quite successful and a 1-percenter type. Lyke needs to talk to him too.
with only 33 posts....you get a pass......
but Corporate Panther was no such thing...merely a stooge......
Now.....if you are being funny, then the joke certainly is on me and i am laughing so hard i pissed myself........
Assuming this isn't Fake News, nice to hear. (I honestly figured this was click bait and hesitated, expecting you were going to say "the one remotely positive thing about the crappy hoops program will shine a more positive light on football even if it only goes .500").
Hope they get the influence needed along with that money. And, of course, that they have interest in improving the sports I like.
No, it is real news. However, the thread heading may be incorrect. It is the largest gift to the "Pitt Football Championship Fund" which has existed all of 2 or 3 years. It isn't necessarily the largest gift ever to Pitt football. Heck, the Duratz and Cost family, and some others, may have topped that.
Who knows how much Lyke was involved with the lead up to this gift, but it closed under her watch, so kudos to her for securing it.
The U.S. lost Canada a few hundred years ago.
He and his faux persona are dead but there is a poster on the other site "Corpseofcorporatepanther". Definitely an all time top 10 handle.
They should have some sort of donation drive, and then do something special for an exclusive million or more donation club. A Competition to meet specific athletic goals.
They just had the Pitt day of giving. Athletics finished I think 3rd in it's category.
I don't want to get into the political thing, but I do know that Steve Guttman is a long time Democratic Party donor. The Chancellor having some ties to the Obama administration may have helped. And there is at least a possibility that hiring a woman as AD could have been a catalyst.
Who gives a shit! Why should anyone care what political party or gender a person is that donated millions of much needed dollars? Truly amazing that someone could possibly find some sort of negative. Congratulations- you are in rarified air on this one.
Nice donation!
This is how the media distorts the facts about who and how many global 1%ers are part of the US population.
70% or $ 224 mill of the $ 350mill are 1%'ers. The cut-off income for global 1%er's is $ 34k.
The media makes it seem like all 1%'ers are billionaires?
Most of the 1% protesters are paid protesters but those who aren't aren't working very hard if they cant make $ 34k.
Steven Dillard, citizen
Written 21 Sep 2015
Around 70% of the American population -- 224 million people -- are in the global top one percent, based on income. Here's how I got that number:
According to a 2012 article in Foreign Policy, "We’re All the 1 Percent," any family with an income over $34K is in the world one percent:
So by global standards, America’s middle class is also really, really rich. To make it into the richest 1 percent globally, all you need is an income of around $34,000, according to World Bank economist Branko Milanovic. The average family in the United States has more than three times the income of those living in poverty in America, and nearly 50 times that of the world’s poorest. Many of America’s 99 percenters, and the West’s, are really 1 percenters on a global level.
That's less than the median family income, which last I saw, was around $54k per year. So we know that more than half the US population is in the global one percent. According to the 2012 Statistical Abstract, in 2009, around 70% of Americans made $35K or more. There are around 320 million people in the US, now. So there are around 224 million Americans in families that make enough money to put them in the global top one percent.
I wasn't pointing it out as a negative at all. It was posited that the donation was somehow precipitated by Lyke. I was only pointing out the tie. Like I said, I don't care about his politics.
If you are going to fly off the handle for something like that you might want to look for a stress reliever, maybe yoga. At a minimum try switching to decaf.
who drinks decaf coffee? What's the point? coffee tastes like crap, only point of it is for caffeine.. its' like NA beer. if I wanted something to drink without alcohol in it, I'd drink iced tea. people that drink decaf coffee are jerks..
LOL, really. Your post wasn't negative at all. If anything at all it was noting a possible fortuitous circumstance in Pitt's favor.
As CP said, milk every teat. Pitt should put a bunch more bike lanes around and through campus, or more transgender bathrooms ... maybe it would warm over Peduto a little.
I only stopped by this thread to see if someone would mention the stadium and create a worthless side argument.
I was not disappointed.
I was not disappointed.
Let's have a battle between Republicans vs Democrats to see who can donate the most $ towards athletics. Men vs Women. Old vs Young. Straight vs Gays vs Trannies. Whatever it takes to raise $.
Nice donation!
This is how the media distorts the facts about who and how many global 1%ers are part of the US population.
70% or $ 224 mill of the $ 350mill are 1%'ers. The cut-off income for global 1%er's is $ 34k.
The media makes it seem like all 1%'ers are billionaires?
Most of the 1% protesters are paid protesters but those who aren't aren't working very hard if they cant make $ 34k.
Steven Dillard, citizen
Written 21 Sep 2015
Around 70% of the American population -- 224 million people -- are in the global top one percent, based on income. Here's how I got that number:
According to a 2012 article in Foreign Policy, "We’re All the 1 Percent," any family with an income over $34K is in the world one percent:
So by global standards, America’s middle class is also really, really rich. To make it into the richest 1 percent globally, all you need is an income of around $34,000, according to World Bank economist Branko Milanovic. The average family in the United States has more than three times the income of those living in poverty in America, and nearly 50 times that of the world’s poorest. Many of America’s 99 percenters, and the West’s, are really 1 percenters on a global level.
That's less than the median family income, which last I saw, was around $54k per year. So we know that more than half the US population is in the global one percent. According to the 2012 Statistical Abstract, in 2009, around 70% of Americans made $35K or more. There are around 320 million people in the US, now. So there are around 224 million Americans in families that make enough money to put them in the global top one percent.
Thank God the the New Deal and policies that led to us sharing the enormous wealth that America earned.
Agreed. The important focus is how quickly this donation might accelerate Stallings' buyout.
Lots of people would disagree with you on your New Deal proclamation!
Short term program during a time of need which had longer term negative impacts to the US economy!
Three longer term policies which have proven to be issues and have been rolled back in recent years and will continue change:
1. Business killing progressive tax system ( top rate 70%) which will be history later this year
2. Labor unions which are on the decline over the past ten years
3. Big government which has shown over and over again that it's a drag on the economy
Here's a good summary of the New Deal and its short term impact:
Those who criticise the New Deal claim that it never actually got rid of unemployment in America and thatRoosevelt’s New Deal only had short term impact which lulled the unemployed into thinking that all their troubles were at an end. The historian William Leuchtenburg believed that only World War Two got America out of the Depression. Arthur Schlesinger claims that the New Deal only got the wheels of industry turning but no more. Economists who attacked the New Deal claimed that all the acts introduced by the New Deal were short-term policies and that there was no long term planning for America’s future. In one sense, they felt, that those who had come to rely on the New Deal were being conned as all the evidence pointed to the fact that at some time in the near future, they were likely to be made unemployed once again – after all, there were only so many trees you could plant and lakes in which to stock fish.
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I am not understanding what you think is negative about his post?
I have no idea why Guttman made the donation and the timing of it but it is very interesting that it was made shortly after a female AD was hired. If he is a big donor to the DNC, it could be that the progressive hire gave them the final nudge. Its all speculation.....but there isn't anything negative about it.
Nice donation!
This is how the media distorts the facts about who and how many global 1%ers are part of the US population.
70% or $ 224 mill of the $ 350mill are 1%'ers. The cut-off income for global 1%er's is $ 34k.
The media makes it seem like all 1%'ers are billionaires?
Most of the 1% protesters are paid protesters but those who aren't aren't working very hard if they cant make $ 34k.
Steven Dillard, citizen
Written 21 Sep 2015
Around 70% of the American population -- 224 million people -- are in the global top one percent, based on income. Here's how I got that number:
According to a 2012 article in Foreign Policy, "We’re All the 1 Percent," any family with an income over $34K is in the world one percent:
So by global standards, America’s middle class is also really, really rich. To make it into the richest 1 percent globally, all you need is an income of around $34,000, according to World Bank economist Branko Milanovic. The average family in the United States has more than three times the income of those living in poverty in America, and nearly 50 times that of the world’s poorest. Many of America’s 99 percenters, and the West’s, are really 1 percenters on a global level.
That's less than the median family income, which last I saw, was around $54k per year. So we know that more than half the US population is in the global one percent. According to the 2012 Statistical Abstract, in 2009, around 70% of Americans made $35K or more. There are around 320 million people in the US, now. So there are around 224 million Americans in families that make enough money to put them in the global top one percent.
Why are you talking about global one percenters? There are billions of people living in poverty in third world countries so when you add them to the mix, absolutely we are all "global one percenters." But that has never been the argument. I think even the single mom working 2 jobs realizes she is more wealthy than 90% of people on the continent of Africa.
The argument has been that the top 1% of Americans have too much wealth, power, and influence in levels disproportionate to the other 99%. I know, I know, work hard, take risks, and become wealthy, anybody can do it. OK, my guess is the majority (not all) of one percenters were born as one percenters so its quite a bit easier to not mess up and remain a one percenter than to become one.
You're wrong about 1%ers being born into wealth.
All someone has to do is get an education HS or college both is best, get a job with a 401k which matches your contributions, contribute to your 401k, increase your education and skills and you'll be a 1%er.
People who start young and invest regularly in a 401k end up with millions upon retirement depending on how much they made during their career.
Invest your excess money in an index fund which follows the market.
Go look at the stock market over the past 30 years it continually achieves new highs. If you make consistent investments in index funds your money over time will grow. That how th 1% became the 1% . Most started with little but were disciplined with how they handled their money.
Today no one wants to start at the bottom, people waste their money on expensive cell phones, high cost cell phone packages, high cost media packages, $50k hybrid cars, expensive life styles etc.
The problem is during the last 8 yrs of Obama most of the jobs created were part time, no 401k, low wage, service jobs, with no benefits.
95 million people underemployed or unemployed.
This will change with the change in political parties running the country and more people can start to accumulate wealth.
1%er's in this country make around $ 50k and up.
Global 1%er's make an income of around $ 34k.
Its not hard to achieve those income levels unless you're a complete loser!
A lot of the reason for the poor conditions in other countries is the result of socialism/cradle to grave care for everything with income tax rates in the 60%-80% range, or dictators who confiscate the countries wealth.
Democracy, and the free market rules!!!!!!!!!!!!!!!!!!!!!!!
Wife and I had to borrow money when we got married but by working hard, getting educations, investing in 401k's, stock market over 40 years we've accumulated unbelievable wealth.
Are kids are doing the same thing and are on their way to becoming very wealthy and they're around 30 yrs old. We gave them no money they both started with zero.Despite the bad Obama economy they worked hard found jobs with 401k's, full benefits, saved their money, invested in the stock market, and both just purchased their first homes over the past two years. One kid had to reinvent himself since the job market was so bad in his major he learned, added skills, and education in a completely different field.
Our legal Italian immigrant neighbors came here with nothing and now are worth millions owing 5 restaurants.
Its comes down to hard work and discipline but people like you like to complain and make excuses as to why you're not part of the easy to join 1% club!
Guess what as the job market improves in this country the hard working 1%ers will continue to grow and the slackards will fall further and further behind.
You don't see 1%ers protesting because They're Working!
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NA Beer is the dumbest thing ever, I tried it ONCE, it was horrible. Why not just drink a Diet Coke or a Gatorade, if you want no alcohol.
I may have dismissed decaf coffee drinkers here a bit harshly. although I don't get it, someone told me that some drink decaf coffee because they like something "hot." Then I was about to say drink hot tea but then stopped myself remembering tea does have decaf too. So although I still think it's pointless, I do recognize the market for decaf coffee.
Yeah, NA beer is weird. I drink more beer than most human beings but for the life of me, you take out the alcohol factor, I'd never choose a beer.
Agreed on the former. That is a big problem with my generation as a whole and especially a problem with the poorest of my generation. Somehow fancy cellphones, nice cars, full cable, tvs and computers, etc. are looked at as necessities and not luxuries. I have friends who have made just as much as me and my wife, but they are very far away from being able to buy a home and have no savings. They waste money on disposable luxuries or expensive cars or going out every evening to restaurants/bars and a few still on cigarettes. We talk about retiring at 50 and they haven't even started saving for retirement or are saving the minimum to get a match and then aren't even saving anything personally. It is astounding to me. I have one friend who (between he and his wife) spends $10k a year at "their bar". They wonder why they are still in a condo and can't afford a house, while we own a home that is nice enough to be a forever home before 30.
I agree that you do have to be a "complete loser" to not reach those income levels you posted, but that is median income. The 1% income level in America is more like $385k and obviously where you live matters most, so it really is state dependent. Still, that isn't that hard for a dual income household of educated, hardworking adults at the peak of their careers. Our problem is 44% of the country doesn't pay a dime in federal income tax and then households making $100k are looked at as "rich people" and vilified.
http://www.financialsamurai.com/the-top-one-percent-income-levels-by-state/
Yes indeed. And actually its mystifying on the surface that a Trump ... and repub majorities in Congress ...would win office (even with a minority of the total vote in Trump case) because of the demographics alone...until you really examine it.
Some of it (in the case of the House anyway) is gerrymandering, but it's not the whole answer. In this era of media bombardment I truly think the bigger part of the answer: Earnest Dem politicians can't bring themselves to keep their fringe radical celebs from alienating the heartland (and from falling under their spell themselves). If you are liberal, you might well agree wholeheartedly when the likes of Katy Perry and Alex Baldwin when they are denouncing anyone not happy about illegal immigration or terrorism or prioritizing freak issues like coddling transgenders or lack of respect for the police, etc, as racists, bigots and idiots. For some though the hypocrisy is impossible to reconcile. "This piece of excrement, who trashed multiple wives and abused his young daughter, etc is telling ME I'm a bad person? Just because I want to see criminals get arrested? Or at least lip service at preventing illegal immigration and terrorism?"
When bombarded by this beratement daily as occurred in the endless campaign by "mainstream" media, aka on every single show and network other than Fox, guess what... Most did NOT take an honest look in the mirror and say, you know, Beyonce and Rosie O'Donnell are right, I AM a bigoted a-hole. I'm feelin the Bern now!
No, when insulted by these pampered shallow bubbleheads in such a manner, enough did the predictable...took a serious look at the other side. The side that may be at least as disingenuous in practice, but at least saying things somewhat closer to their priorities. Nobody with sense really thinks Trump can build an impenetrable wall around the country, or magically bring back coal jobs, or stop murders in Chicago, or eradicate terrorism. But he at least acknowledged these important (to the heartland) issues rather than the garbage a pig like Lena Dunham was spewing.
This might blow Susan Sarandon's mind but a teamster or farmer or miner may actually think it's GOOD to try to restrict floods of illegal immigrants, or that the nation shouldn't prioritize spending billions on special bathrooms to cater to whatever Bruce Jenner thinks he is this week. And they wouldn't agree they were racists or sexists for having such opinions! This is insulting to many ... and when hearing it on every talk and 'news' show, it's insulting enough to the extent that they actually might overlook things that really impact them when voting. It may be dumb for voters ignore their pocketbooks or true interests (most when pressed do NOT really want "less government" regardless of how appealing it might sound), or vote for a loud, crude boor. But the power of emotion is strong that way.
Dems probably should win far, far more elections, but their best messages to attract more of the non 1 percenters get obliterated by their fringe. Yes, Repubs certainly have their fringe too, and absolutely have their agenda of protecting the wealthy. But they at least give lip service to crime and immigration and terrorism, and pointing out the folly of catering to the freak (sorry, but that's how many see it) element.
Dems, nobody is denying your rights to care about the fringe causes or even that you're wrong about them. I actually think the majority DON'T want mass deportations or persecution of trannies, believe it or not. But consider the audience you're trying to win over ... rein in your arrogant celebs (and Jebus, run a less polarizing candidate next time!). Otherwise, you saw the consequences, and it might well repeat.
http://money.cnn.com/calculator/pf/income-rank/
Sorry, YOU ARE WRONG!
A $50K salary is BOTTOM 45% - this is a POOR person.
In some areas that are high cost, $100-150K is pretty damn poor.
A 1% makes $450K and UP.
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