Oh no, those rumors about socialclimberite Olivia Palermo's family having fallen on hard times might be true! It seems that Libs has had to turn to blogging for Paper as a source of extra cash. "Hi everyone. Hope you had a great Labor Day weekend. Well it is that time of year — New York Fashion Week. I was very honored when Papermag.com asked me to write a blog for Fashion Week," she begins inauspiciously.

And she goes on:

I am not a critic or editor — just a 21-year-old New Yorker who loves the aesthetic of fashion and everything it involves. I look forward to attending the shows, as there is always so much excitement, and can't wait to see what the designers will bring to the runway. Well, I have to run and see what the fashion world will bring this season!

Wow, I have never been prouder of my degree from Lib's alma mater, the New School, than I am right now.