Thread: Money Economy
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Old 12-24-2008, 04:24 PM   #80
Calcountry Calcountry is offline
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Join Date: Oct 2003
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Quote:
Originally Posted by Mr. Flopnuts View Post
This. People living outside of their means and not honoring their word. In other words, not paying their bills. The money that they borrowed and promised to pay back. We live in a society of finger pointing, and blame shifting. If more of us took a look in the mirror and focused more on that which we had control over, we would be much happier individually, and collectively.



Edit: IMO A lot of people should've never had loans to pay back. They should've never borrowed it in the first place. I assume that goes without saying, but I try not to assume people can read my mind.
I saw a woman and man, with the man staying almost completely silent during the interview, whining about losing all of their money to that Madoff fool.

The government guy, kept reading off what he could do and she kept bitching that where was he when this fool was swindling her, as if she had absolutely no culpability for not doing any due dilligence on her own. She had that big victim card, the tv, and baby was she going to shout her hotflashes all over the screen, as if that were going to get her one cent tomorrow.
Don't put all your eggs into one Bernie Madoff basket. Oldest rule in the book. These people thought they were worth 1.6 million dollars, retired early, and were living the good life for the past 4 years. They really weren't woth 1.6, because that is what Bernie's statements told them, but hey, at least they got to live the good life for the last 4 years off of redemptions he had to pay in order to keep the scheeme going.

They want that 1.6 to be posted back up, but it ain't gonna happen unless they can come up with statements showing the hard currency going in, or securities statements. The broad had the nerve to say, we don't have statements and was screaming at the SIPC agent as if he were to blame for this.

I feel your pain lady, but damn, it wasn't his fault you got bent over.
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