You will cry huge crocodile tears when you read this piece about

Discussion in 'Off-Topic' started by Commissar Smersh, Mar 31, 2008.

  1. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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    Subprime executives. :(

    Subprime vets saw their industry, finances vanish in a flash - Mar. 31, 2008

    Oh.

    My.

    Fucking.

    God.

    I can't believe they seriously want us to feel bad for these folks that are now forced to live like mere mortals and eat leftovers.

    :mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad:
  2. bbsmitz

    bbsmitz Optimus Prime

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    You missed the part where they had to trade in their Corvette for a suburban and get rid of the gardener.

    Hard times indeed.
  3. j0k3r

    j0k3r El Chupacabra

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    Good, screw these jerkoffs and their predatory lending techniques. Welcome to the real world.
  4. Torx

    Torx Indigenous Nudist

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    +1 for blue collar jobs
  5. jake

    jake Vagabond

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    Hahaha, $10,000 a monthy in bills.
  6. MSP

    MSP Haunting a dead forum...

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    Some people are just so out of touch. It's not very nice, but I like to see them get knocked down a few notches.
  7. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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    Wait, they traded one gas guzzler for another gas guzzler p.o.s.? :confused:
  8. namelessentity

    namelessentity Resident Cynic

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    Seriously, wtf? I need a suburban for my family of 3. How about "traded in his corvette for a used Toyota Corrola." That's actually a step down.

    I also like that they both stuck it out when they saw every other company around them go under. At least have the fucking brains to have the husband or the wife move onto to something else as a safety net. Stupid people.
  9. MSP

    MSP Haunting a dead forum...

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    This is what happens when people live in the short term and beyond their means. The way my wife and I have our finances structured either one of us could lose our jobs and end up making HALF what we made before and we would hardly notice.

    But yeah, the Suburban thing cracked me up as well. I fear for this country for when we truly fall on hard times.
  10. NoseMaster

    NoseMaster Horrible Person

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    Someone's been watching Dexter. Crocodile tears.
  11. Jackalope

    Jackalope NNNNEEERRRRDDDSSSSS!!!!!!

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    Kent and Mysti Cope met and fell in love working for one of the nation's top subprime lenders. Now, their life has been turned upside down
    And Id like to take a minute just sit right there
    Ill tell you how I became the prince of a town called bel-air
  12. Jackalope

    Jackalope NNNNEEERRRRDDDSSSSS!!!!!!

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    oh and check this one out:

    From $70K to food bank, one family's struggle - CNN.com

    2500/month mortgage. and that's just the interest.

    People need to stop living beyond their means
  13. bbsmitz

    bbsmitz Optimus Prime

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    Stop living beyond their means? Fuck that shit! We're entitled to what we want, when we want it! It's my right as an American to live beyond my means.
  14. Chainblade

    Chainblade Junior Member

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    sucks for them. the ONLY reason that I kinda feel their pain is because ya $10,000 a month in bills is ridiuclous but if they were making enough money to do it and then suddenly they don't, then it's going to be difficult.

    My girlfriend and I make a combined $50,000 a year or so which should be enough to be very comfortable but we're both divorced and were screwed over by our exes and we live pretty much pay check to paycheck. I know $10,000 a month is crazy but people look at my girlfriend and I the same way and don't understand why we aren't comfortable and rolling in money (we don't spend money on anything besides the essentials, don't eat out, don't go out, etc).

    of course the difference between my g/f and I and this other couple is that they had $10k a month in bills because of buying fun things vs us being screwed by our exes. i think it's just human nature to react like that couple did. you are saying if you were making that much money and you suddenly had to live on way way less, you wouldn't be a little irritated? ya they should had been a lot more prepared but still...
  15. Torx

    Torx Indigenous Nudist

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    i kinda pity their situation but i dont pity their terrible decisions after being "turned upside down"

    everyones gonna start losing their jobs and problems like this are only going to become more and more common. You gotta have a backup plan and it sounds like these people didnt.
  16. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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    Actually, downloaded the first two seasons but haven't watched any of them yet. I've heard it's good though.

    I thought that story was pretty lame and definitely didn't need to be part of cnn.com's headlines.
  17. offroadin

    offroadin New Member

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    When more than 50% of the US population lives payday to payday, this is what happens. I'm not going to say i have my finances exactly as i'd like, but at least i know i can make due (school = no payday since last august).

    If you make 70k a year and within weeks being at a foodbank is a sign they have no money management whatsoever.

    I'm still scratching my head as to why money management isn't taught in highschool.
  18. czechrboard tassia

    czechrboard tassia Likes gay people.

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    it seems everyone else missed this quite hilarious comment...
  19. mistawiskas

    mistawiskas kik n a and takin names

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    The thing about that particular collapse....it took me and everyone else who makes thier living by blood sweat and tears, wood saws and nails, down with them. OUCH in a big way. I have $3000/month in bills and in the neighborhood of 2000 bux coming in right now. Sinking fast.
  20. tex

    tex jive turkey

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    I could care less that they're living like shit now, but I'm on the other side of the fence regarding "predatory lending practices." Its not predatory whenever you can walk away so easily. The bankruptcy laws in this country are such a crock of shit. This whole situation is going to fuck up a ton of companies, and probably only 10% of the people involved will be heavily effected. The rest will suffer with their bad credit for 7 years or however long it is, and then go on with their lives, having got to live the american dream for a number of years. My buddy's dad has taken advantage of this, piling on the debt to live the good life, and just recently filed for his 2nd bankruptcy since about 6 years ago. I have no sympathy for the "victims" of the lending in this case.
  21. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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