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Old 03-31-2008, 08:43 AM   #121
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Originally Posted by 7960 View Post
Oh, and btw, when she's talking about leaving her tiffany bracelet and coach pocketbook in the car before going in the food bank...............yeah, that's when I stopped watching.

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

My wife doesn't have a tiffany bracelet or a coach pocketbook. Know why? Because WE LIVE WITHIN OUR MEANS.

I can't believe that fucking douche wants people to feel bad that she is "going to extreme measures" by <gasp> having to take off her tiffany bracelet before begging for food!!
I don't know about you, but if I am starving, I start selling things I can do without to eat
 
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Old 03-31-2008, 08:48 AM   #122
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Originally Posted by Donkey® View Post
IF she was the one who did it.

We don't know what those details are. Did she have joint savings with her husband and he took it? Does she have a savings account but spent it already on paying bills? Is it stupid of ANYONE to not have savings? Yes. BUT, if you're married, how many people keep finances separate?
More "it must be someone else's fault" even though the evidence keeps stacking up pointing directly to her (and possibly her husband, but even if it's also her husband it's still her)

"Loan processor" really doesn't mean shit to me. Doesn't tell me what she knows. She could run credit reports as far as we know.
When I was a bag boy at the grocery store I didn't know shit about running a grocery store but I knew how much a gallon of milk cost.

She was in the industry. If anyone should have known the dangers of taking a $450k equity loan when only making $70k it was her.

You're not getting an argument out of me when it comes to her shouldering a majority of the blame. My contention is that in this case and most others, there are MANY contributing factors. I also have more compassion for my fellow man and less compassion for corporations trying to squeeze out a profit by any means necessary. Guess we just disagree.
I guess we do. I'll give you that "others" may be responsible for some percent of her trouble. I'd pick a totally random number and put it at 2% is not her fault. Everything else she has nobody to blame but herself.
 
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Old 03-31-2008, 09:11 AM   #123
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Originally Posted by Donkey® View Post
You have absolutely no idea how she even came about possessing those items. You're speculating.
I didn't say she bought those with her grocery money while her kids are starving. But she's saying "She has had to take extreme measures..." and then talks about leaving her tiffany bracelet and coach pocketbook in her car.

How about selling them so she can buy groceries? Contrary to her saying "take off your tiffany bracelet and leave your coach purse because they're not worth anything anyway" these things are actually valuable. If she insists on maintaining appearances and staying in a house she can't afford the least she can do is sell off her expensive shit to pay bills.



Also, watching the video again they give the timeline..........

-we both had good jobs, both very stable, 401ks
-THEN HER HUSBAND LEFT
-now she's barely hanging on to her home

GET THE FUCK OUT OF THE HOUSE. She should have been out when her man left and she couldn't afford the house.
 
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Old 03-31-2008, 10:44 AM   #124
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Originally Posted by 7960 View Post
I didn't say she bought those with her grocery money while her kids are starving. But she's saying "She has had to take extreme measures..." and then talks about leaving her tiffany bracelet and coach pocketbook in her car.

How about selling them so she can buy groceries? Contrary to her saying "take off your tiffany bracelet and leave your coach purse because they're not worth anything anyway" these things are actually valuable. If she insists on maintaining appearances and staying in a house she can't afford the least she can do is sell off her expensive shit to pay bills.



Also, watching the video again they give the timeline..........

-we both had good jobs, both very stable, 401ks
-THEN HER HUSBAND LEFT
-now she's barely hanging on to her home

GET THE FUCK OUT OF THE HOUSE. She should have been out when her man left and she couldn't afford the house.

The "man" should be supporting his kids.
 
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Old 03-31-2008, 10:47 AM   #125
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Originally Posted by Donkey® View Post
The "man" should be supporting his kids.
She said he lost his job, too. I guess that's not his fault either?

So what's left? She's living in a house she can't afford while she's wearing a tiffany bracelet and carrying a coach purse to the food bank.

Absolutely 0 sympathy.
 
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Old 03-31-2008, 11:51 AM   #126
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I'm surprised that CNN ran a story on this or that there's even a serious discussion around this. Lack of personal responsibility got this lady and millions of other Americans where they are. Why should responsible Americans have to support those who refuse help themselves?
 
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Old 03-31-2008, 12:19 PM   #127
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Originally Posted by 7th Ninjai View Post
I'm surprised that CNN ran a story on this or that there's even a serious discussion around this.
Some people will go to any lengths to make "the man" or "shady deals" or "greedy corporations" the bad guy while absolving individuals of any of their own responsibility for their situation.

I bought a house I could afford. I got a home equity loan but only because my investments are getting a better return. And now that asshole and people like her are going to make my rate go up to pay for their stupidity.

Almost makes me wish I bought 3x the house I could actually afford. Then I'd go on TV, bitch about how unfair it is that I can't afford my interest-only mortgage, and expect others to bail me out.
 
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Old 03-31-2008, 02:26 PM   #128
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Originally Posted by 7960 View Post
She said he lost his job, too. I guess that's not his fault either?

So what's left? She's living in a house she can't afford while she's wearing a tiffany bracelet and carrying a coach purse to the food bank.

Absolutely 0 sympathy.
To be fair, you can't just "get rid of your house" when things go bad. If you can't sell it, you really are stuck.

Now, she could try to sell it and that might help mitigate her losses. But it isn't "just get rid of it"
 
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Old 03-31-2008, 03:11 PM   #129
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Originally Posted by 7960 View Post
Some people will go to any lengths to make "the man" or "shady deals" or "greedy corporations" the bad guy while absolving individuals of any of their own responsibility for their situation.

I bought a house I could afford. I got a home equity loan but only because my investments are getting a better return. And now that asshole and people like her are going to make my rate go up to pay for their stupidity.

Almost makes me wish I bought 3x the house I could actually afford. Then I'd go on TV, bitch about how unfair it is that I can't afford my interest-only mortgage, and expect others to bail me out.

No, some people realize the fact that life isn't cut and dry as others make it out to be. There is no way to use logic to place 100% of the blame of another person's trials squarely on the shoulders of that person. There are other factors. It in no way excuses the person of blame nor is anyone trying to excuse that person of blame.

Things like "she wasted all her money" and "just sell that fucking house" are cut and dry solutions which aren't as cut and dry as you imagine them to be. The first one is pure speculation and the second is pure imagination...especially in this market.

BTW, your whole problem is the bullshit "well I did this and I would do that" stuff. I understand you think you know what you would or could do in every imaginable scenario presented to you...but that's just not reality and I am glad you have that much confidence that how YOU do things is how everyone SHOULD do things.
 
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Old 03-31-2008, 03:11 PM   #130
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Originally Posted by Donkey® View Post
You have absolutely no idea how she even came about possessing those items. You're speculating.
And you're really grasping at straws by this point.
 
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Old 03-31-2008, 03:16 PM   #131
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Originally Posted by A_C_E View Post
And you're really grasping at straws by this point.
I am not grasping at anything. I am pointing out that you guys are speculating about every aspect of her life because "you have a feeling". That in no way is reality. REALITY is you have no idea how she came in possession of those items. You have no idea how she lost her job. You have no idea who was in charge of finances for that family.
 
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Old 03-31-2008, 03:27 PM   #132
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Originally Posted by Donkey® View Post
IF she was the one who did it.





We don't know what those details are. Did she have joint savings with her husband and he took it? Does she have a savings account but spent it already on paying bills? Is it stupid of ANYONE to not have savings? Yes. BUT, if you're married, how many people keep finances separate?






"Loan processor" really doesn't mean shit to me. Doesn't tell me what she knows. She could run credit reports as far as we know.


You're not getting an argument out of me when it comes to her shouldering a majority of the blame. My contention is that in this case and most others, there are MANY contributing factors. I also have more compassion for my fellow man and less compassion for corporations trying to squeeze out a profit by any means necessary. Guess we just disagree.
How many excuses and theoretical situations can you come up with to justify her behavior as not reckless and irresponsible, honestly?
 
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Old 03-31-2008, 03:31 PM   #133
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Originally Posted by Donkey® View Post
No, some people realize the fact that life isn't cut and dry as others make it out to be. There is no way to use logic to place 100% of the blame of another person's trials squarely on the shoulders of that person. There are other factors. It in no way excuses the person of blame nor is anyone trying to excuse that person of blame.

Things like "she wasted all her money" and "just sell that fucking house" are cut and dry solutions which aren't as cut and dry as you imagine them to be. The first one is pure speculation and the second is pure imagination...especially in this market.

BTW, your whole problem is the bullshit "well I did this and I would do that" stuff. I understand you think you know what you would or could do in every imaginable scenario presented to you...but that's just not reality and I am glad you have that much confidence that how YOU do things is how everyone SHOULD do things.
Going back to your post earlier, we disagree.

-she works in the industry
-she had zero savings
-she took out more equity than she could afford to pay back
-she still has her tiffany bracelet and coach purse

No matter how you try to spin it she's responsible for her situation. Why didn't she have enough cash in the bank to cover 6 months of bills? When her husband left why didn't she get out of the house? Why is she in an interest-only mortgage? With food to buy why does she still have her tiffany bracelet and coach purse?

According to info on page 1 she owes either $450k or $600k on the house. Let's use the smaller number...on a 30 year loan that's $3k/month. That's $36k/year. She was making $70k and from her description her husband was making about the same. At $150k/year they're very near the top on the "how much house can I afford" calculator. Exactly where is the $450k in equity that she leveraged?? I still can't fathom defending her when she had that much money but absolutely no savings.



BTW, I wanted to get my wife a coach purse for christmas 2 years ago. The cheapest (real) one I could find was over $200, and it was about the size of an envelope. Short story, she still doesn't have a (real) coach purse.
 
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Old 03-31-2008, 03:35 PM   #134
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Originally Posted by Donkey® View Post
I am not grasping at anything. I am pointing out that you guys are speculating about every aspect of her life because "you have a feeling". That in no way is reality. REALITY is you have no idea how she came in possession of those items. You have no idea how she lost her job. You have no idea who was in charge of finances for that family.
Which is why it is not my place to say whether or not this situation is all her fault.

I do say it is ludicrous to think that she is less than 75% responsible. In any case, regardless of how she came by those items, if she's starving and floundering, she should be selling them and using the money to pay her bills.

No material possession, however acquired, should be valued more highly than basic human needs.
 
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Old 03-31-2008, 03:38 PM   #135
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Originally Posted by Donkey® View Post
You have no idea how she lost her job. You have no idea who was in charge of finances for that family.
If she wasn't involved then she's just as responsible. Just like if my wife racks up $100k in debt then I'm also responsible. We are both involved and if either of us hands total control to the other then that doesn't absolve one of responsibility.
 
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Old 03-31-2008, 03:41 PM   #136
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Originally Posted by 7960 View Post
If she wasn't involved then she's just as responsible. Just like if my wife racks up $100k in debt then I'm also responsible. We are both involved and if either of us hands total control to the other then that doesn't absolve one of responsibility.
Now that's a reach.
 
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Old 03-31-2008, 03:56 PM   #137
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Originally Posted by A_C_E View Post
Now that's a reach.
No it's not.
 
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Old 03-31-2008, 04:00 PM   #138
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Originally Posted by 7960 View Post
Going back to your post earlier, we disagree.
Yep.

Originally Posted by 7960 View Post
-she works in the industry
I know people who work on computers every single day but don't know a thing about how to fix them. They know absolutely everything about networking though. Even though it was NEVER made clear "she worked in the industry" it IS possible to work on a certain aspect (maybe she ran credit reports, maybe she filed papers, maybe she was a glorified spreadsheet monkey) and still not know all the in's and out's of said industry.



Originally Posted by 7960 View Post
-she had zero savings
Doesn't mean she didn't EVER have savings. Her husband could have taken it. She could have already used it to pay expenses.


Originally Posted by 7960 View Post
-she took out more equity than she could afford to pay back

Again, there is absolutely no evidence to show SHE did anything.


Originally Posted by 7960 View Post
-she still has her tiffany bracelet and coach purse

This I can kind of agree with...but I can also see reasoning for keeping such items. What if her dead relative bought them? Sentimental value or family value could mean something. There are definitely items i'd have a hard time parting with because of such reasons.

Originally Posted by 7960 View Post
No matter how you try to spin it she's responsible for her situation. Why didn't she have enough cash in the bank to cover 6 months of bills? When her husband left why didn't she get out of the house? Why is she in an interest-only mortgage? With food to buy why does she still have her tiffany bracelet and coach purse?

That's where we don't mesh. I do NOT in any way say "she is not responsible." What I say is that she is not 100% responsible and there is no way anyone can use the facts given to logically give her 100% of the responsibility. Things happen in this world that are beyond our control We can't be prepared for everything.

Originally Posted by 7960 View Post
According to info on page 1 she owes either $450k or $600k on the house. Let's use the smaller number...on a 30 year loan that's $3k/month. That's $36k/year. She was making $70k and from her description her husband was making about the same. At $150k/year they're very near the top on the "how much house can I afford" calculator. Exactly where is the $450k in equity that she leveraged?? I still can't fathom defending her when she had that much money but absolutely no savings.

Again, we have no idea the details of WHO did all that. They did fuck up financially and yes, she is responsible. There are other parties contributing to her position at this point though.



Originally Posted by 7960 View Post
BTW, I wanted to get my wife a coach purse for christmas 2 years ago. The cheapest (real) one I could find was over $200, and it was about the size of an envelope. Short story, she still doesn't have a (real) coach purse.

Yet I see all sorts of threads with you and cranes and shit in your yard tearing up shit which I am sure costs thousands of dollars. You hate your wife apparently.


(joke)