Occupy Payne: Bloomfield Hills

Response to Henry Payne in "Occupy Michael Moore: His opulent lake estate" in the Michigan View / Detroit News on November 11, 2011.

It might have been a cold choppy day when Hank Payne risked his handy Kodak and mounted the tremulous waves of deep and miles long Torch Lake to capture an image Michael Moore's house - far North in Michigan. Payne (or surrogate) slipped in and out of the water to get one of his gottcha shots; like the one he snapped at Occupy Detroit last Saturday where Hank slipped in and out of the protest crowd to snap a photo. Hank picked the just right- the most useful poster/sign for his purpose, which he could use as a "cartoonish" depiction that would put down the Occupy movement.

So in the spirit of Payne let's take a short look at Hank's neighborhood, he lives nestled amid the Michigan cluster of 99%ers. What are the stats on his local:

From Wiki:

"Bloomfield Hills is a city in Oakland County of the U.S. state of Michigan, 20.2 miles northwest of downtown Detroit. As of the 2010 census, the city population was 3,869. Bloomfield Hills consistently ranks as one of the top five wealthiest cities in the United States with population between 2,500 to 9,999 - it currently is listed at the number four position and in 1990 it was ranked number two, and has the highest income of any city outside of California or Florida. The median income for a family is over $200,000. In 2000, 49% of residential property in Bloomfield Hills had a value of over $1,000,000."

What say Payne? Does he actually achieve the Bloomfield Hills 49% level with a home over one million dollars?

Occupy Payne? Why not? This is in concept the heart of the issue. Do the Bloomfield Hills folk have compassion and fathom the concerns and passions displayed in the Occupy Movement? Not likely.

Occupy Payne? Those who live in the heart of the 99%ers ought not throw stones or mock those who achieved/have the means such as Michael Moore has.

 MICHAEL MOORE HAS GIVEN VOICE TO THOSE WHO WANT BALANCE AND PROBITY TO WALL STREET-A FINANCIAL OFFICER HIRED TO DEAL WITH PERSONAL INVESTMENTS HAS A LEGAL RESPONSIBILITY TO ACT AS A FIDUCIARY FOR THE CLIENT.

Wiki again:

"A fiduciary duty (from Latin fiduciarius, meaning "(holding) in trust"; from fides, meaning "faith", and fiducia, meaning "trust") is a legal or ethical relationship of confidence or trust between two or more parties. One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to one, who for example has funds entrusted to it for investment. IN A FIDUCIARY RELATIONSHIP, ONE PERSON, IN A POSITION OF VULNERABILITY, JUSTIFIABLY VESTS CONFIDENCE, GOOD FAITH, RELIANCE AND TRUST IN ANOTHER WHOSE AID, ADVICE OR PROTECTION IS SOUGHT IN SOME MATTER. IN SUCH A RELATION GOOD CONSCIENCE REQUIRES THE FIDUCIARY TO ACT AT ALL TIMES FOR THE SOLE BENEFIT AND INTEREST OF THE ONE WHO TRUSTS.

A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence. -Bristol & West Building Society v Mothew [1998] Ch 1 at 18 per Lord Millett

"A fiduciary duty is the highest standard of care at either equity or law."
(Emphasis added)

Moore is and will be a target of savage blowback, it is expected.

Footnote: Payne's cartoonish punditry and simplistic cartoons do not reach the high threshold set by others. Compared to the vastly superior material produced in the recent past, Payne falls short, even with a Princeton education, when compared with those witty and punch-packed renderings of Gary Packingham-an accomplished artist/cartoonist with a sharp pen put to the right issues and done in high style. Packingham is best known for his years of political cartooning for most Michigan newspapers.

Original.