The Middle Class Is Shrinking While the Rich Stay Rich

While the average hedge fund lost money for investors last year, the top 25 American hedge fund managers still raked in $13 billion. One reason very wealthy investment fund managers remain very wealthy is what’s called the carried interest tax loophole and all three presidential candidates want to eliminate it. And, while a small number of people are getting even more wealthy, the Pew Research Center has confirmed yet again that the American middle class is shrinking.

Next, the band YACHT created a stolen sex tape hoax this week to promote their new video and it did not end well for them.

Then, the new documentary ‘Fursona’ explores the lives of furries, people who like to dress up like big, anthropomorphized animals.

Finally, the embarrassment of #OscarsSoWhite has studios scrambling to avoid a repeat next year.