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Saturday, March 29, 2008

Are you kidding me?

Ex-Beatle Paul McCartney was ordered to pay his ex-wife almost $50 million in their divorce settlement. This settlement will come in payments of $1.2 million per year, plus $5 million to purchase a home. Additionally, the court ordered him to pay $70,000 per year in child support. According to CNN online, ex-wife Heather Mills responded by complaining that her four-year-old would no longer be able to fly first class five times per year, estimated to cost around $34,000. What is she flying on?

So lets get a pure understanding of this, she get $50 million plus $70,000 a month in child support and she claims that she can not fly first class any more? Give me a break! She actually has the unmitigated gall to make such a claim? The judge estimated McCartney's net worth to be about $800 million. In fact, the settlement represents only six percent of his total assets, considering they did not sign a prenuptial agreement, I think she came out pretty good. The point of child support is to do just that: support a child. Not change the lifestyle of the mother! The child of a wealthy parent requires more than the child of an unwealthy one; because of the opportunity that is giving to a child at an early age, the expectations are greater. The status of a family that has money differs from the average family. After exposing a child to a staus of living why punish a child because the parents divorce. It would not be fair to expect that child to live on a lower standard than he or she is used to. it is fair to require a wealthy person to pay larger child support payments but there must be a limits. The reason why, A wealth familys child will always have a higher rate of exposure to opportunity because of the money and the status that has been developed with the family name. If you don't believe me look at reality TV shows such as Runs House, Jean Simmons Family Jewel. These shows allow the American public to view how they live and the type of status they have developed. They pick up the phone call an executive and get their childern places in a matter of minutes. Life does not end when the child support order is placed, but its just begining.

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