Wonks Anonymous feels pity stirring in his heart as he reads in the NY Times about how hard it is to live in New York on a mere $500,000 per year. What with the condo to pay off and the private schools and the nanny. And you just cannot find a decent frock for under $10,000 not to mention shoes!

Wonks Anonymous is somewhat consoled when he realizes that this pitiable spectacle is mitigated by the fact that many financiers - for example the folks that drove Merrill Lynch into the ground - had the foresight to convince their friends on the corporate compensation committee to give them a little something to take them through these hard times. In December Merrill Lynch paid out 3.6 billion in bonuses with 149 employees dividing $858 million.

But ultimately Wonks Anonymous thinks about the fact that he has been putting 15% to 20% of his earnings as a data harvester in a cube farm into his 401K. He remembers that it has lost money and he is assured by none other than Professor Mulligan from the University of Chicago that the stock market won't recover for a few decades.

Class warfare anyone?