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Reply to "How did your waspy old money ancestors show their thriftiness?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]By the 1980s no WASP family had any money left. There are none left. [/quote] That's a bit melodramatic, no? I'm friends with a member of a very WASPy family out in Middleburg and get the sense that they have a whole passel of friends who fit the description. [/quote] What is your definition of WASP? I think that is key. The main definition is a New England or Northeast white Protestant family that gained its money no later than the 1800s. They may have the big house, also big vacation house both worth a ton but the money that bought them comes from well over 100 years ago. Think establishment from a different time. Those families mostly died out and no longer have those properties. There are exceptions. The Bush family. But in that family, each generation added to the pot and did not subtract. They are still there but not really waspy anymore as they live in Florida and Texas — one is catholic. Maine home is a gathering place that would have been sold to a hedge fund manager by now if each generation did not make money. [/quote] They were an old English family going back hundreds of years before the US branch arrived in the 1600s. I'm sure if you look at the old social registers in New York you'd find their name listed quite a few times. Anyway, I don't actually know anything about their financial situation now (although there are signs they're just fine) but this person is both the WASPiest person I know and one of the kindest, warmest, and most charming people I've met. Since I don't know anyone else who fits the bill I can't tell whether this is a coincidence or that WASPy families and private schools just produce exceptional human beings.[/quote]
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