Showing results for "Rick" in Social Classes & Economic Disparity

Robodebt was a new debt-creation system that was used to illegally pursue close to half a million Australian welfare recipients for fake debts generated by the thousands. It was described by the Royal Commission's report as a 'massive failure of public administration' caused by 'venality, incompetence and cowardice'. Essentially, Australians were gaslit by their own government, which doggedly and knowingly concocted a program that was both mathematically wrong and illegal, just to shake down innocent people for money, then lied about it for four and a half years.

Conventional wisdom says income inequality is rising and harmful to nearly everyone, and the rich are to blame. But as Ed Conard shows, anyone who can produce a product valued by the entire economy will find his or her income growing faster than those who are limited by the number of customers they can serve, such as schoolteachers, plumbers, doctors, and lawyers.

Guilty Admissions weaves together the story of an unscrupulous college counselor named Rick Singer, and how he preyed on the desperation of some of the country's wealthiest families living in a world defined by fierce competition, who function under constant pressure to get into the "right" schools, starting with preschool; nonstop fundraising and donation demands in the form of multi-million-dollar galas and private parties; and a community of deeply insecure parents who will do anything to get their kids into name-brand colleges in order to maintain their own A-list status.

From Wall Street to the West Coast, from blue-collar billionaires to blue-blood fortunes, from the Google guys to hedge fund honchos, All the Money in the World gives us the lowdown on, among other things: the all-time richest Americans, who made and lost the most money in the past 25 years, the fields and industries that have produced the greatest wealth, the biggest risk takers, the most competitive players, the most wasteful family feuds, the trophy wives.