Tuesday, August 03, 2004

Don't know much about algebra...

Ordinarily, your blogstress, who prides herself on making self-induced poverty look glamorous, is in no position to advise the less glamorous on financial matters. However, this AP report about Homeland Security Secretary Tom Ridge's impending resignation counfounds her:

Ridge, 58, has explained to colleagues that he needs to earn money to comfortably put his two children, Tommy Jr. and Lesley, through college, officials said. Both are now teenagers. Ridge earns $175,700 a year as a Cabinet secretary...

Ridge owns an $873,000 home in Bethesda, Maryland, with his wife, Michele, which they bought last year with a $784,800 mortgage, according to property and banking records. Ridge's most recent financial disclosure reports, filed in early 2003, showed that he owned between $122,000 and $787,000 in stocks and funds, including modest ownership in The Walt Disney Co., General Electric, Nike, Oracle Corp. and Microsoft Corp.

Memo to Secretary Ridge: Sell the house, and the kids go to Harvard. (Your blogstress knows of a nice living space above a bodega.)

Special thanks to my favorite soundman for the conversation that led to this post.

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The first in an occasional series whereby your blogstress singles out for note a sentence for nothing more than the quality of its craft.

Sentence of the day

From David Remnick's analysis in this week's New Yorker of John F. Kerry's speech to the Democratic National Convention:

The greatest similarity between the first J.F.K. and the current one lies not in their Ivy privilege or clambake geography but, rather, in the fact that both built a Presidential campaign narrative from acts of Navy heroism.

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