Frugal Fail: $131k for a funny looking hat

$131k Princes Bietries Hat is sad


If this is how trickle-down economics is supposed to work, I fear for the future.  With the distance between the haves and have-nots at historic highs, unemployment rising the world over, governments falling across the Middle East, protests and riots in Spain, Greece, and others EU countries, and banks the world over continuing to be bailed out on the backs of tax payers; it pains me to see the extremely well-to-do spending $131k for a hat.  It bugs me even more that everyone seems to be placated by the fact that “the proceeds go to charity”.  Well, la-de-da!

CNN reports on the sale here.  The CNN video bit cheerfully ends with – “So much fun to be had, for such a great cause“. This is probably what a CNN anchor would have said had they been reporting on a party hosted by Marie Antoinette.

Marie Antoinette Funny Hat

I am a strong believer in free markets, private wealth creation and the ability of those with wealth to enjoy themselves.  However, bit of tact and social awareness never hurt anybody.

Ok, rant over. 🙂

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1 Response to “Frugal Fail: $131k for a funny looking hat”

  1. Amanda L Grossman

    Those are funny photos! When I saw that hat (admittedly I DVR’d the wedding), I thought it was the silliest most obscene hat I had ever seen.

    I am happy that the money is for charity; however, I totally get what you are saying:).