The Reading Eagle is gearing up to announce a bold strategy that will strike at the heart of poverty in the city by immediately boosting the average net worth of its citizens, this blog has learned exclusively.
"The results will be dramatic, " a source close to the plan revealed. "There is no doubt experts will be impressed by the raw numbers, once the statistics are evaluated."
"The key figure isn't average income," the source insisted, "but average net worth. In that regard, many, many residents are underwater, with a negative net worth."
The Eagle plan, according to sources, involves Reading Eagle CEO Peter D. Barbey building a home within the city limits. Because Barbey is one of the heirs to a family trust currently valued at $5.4 billion, and boasts an annual income well into seven figures, his residency will cast a significant, positive glow on key poverty indicators.
"Reading is home to only a small handful of families with incomes greater than than 100K," the source said, "Mr. Barbey is willing to do his part to help the city rise from the ashes of despair."
Still to be determined are where Barbey's estate will be built, the cute name he will attach to it, what fortifications will be required, the number of armed guard who will be hired, and how many hours Barbey must actually spend within it to qualify as a legal resident.
"Those are mere details," the source insisted. "The plan is a go."
The source would not comment on another plan reportedly floated about in which Barbey would purchase all of the child refugees from Guatemala, El Salvador, and Honduras and use them to staff a new sneaker factory he will build within the city limits.