maxman71 asked:
Geez folks, I trade the futures markets, and sometimes I lose money at it. Will I get a bail-out too??? I sold my house in CA in 2005, not too far from the top of the market, paid off all my debts and semi-retired to Thailand. I did this for several reasons; I saw that the housing/lending phenomenon was going to blow up. I also did it because I had way too much debt, had kids to put through college. My move turned out to work out pretty good. I met the responsibilities to my kids and honored the agreements I made in taking out various loans. Now I see that all the whining and moaning from those who acted irresponsibly in their lending and borrowing, may get Mommy Government to bail out their greedy behinds. This what the US has become; a place where if you scream and cry loud and long enough, or if you’re a dipsh!t MBA on Wall Street lending $$ to people who you know can’t pay it back, you run to your Mommy when the sh!t hits the fan. What a bunch of gelly-spined, limp-wristed wimps.
Living in Thailand
Geez folks, I trade the futures markets, and sometimes I lose money at it. Will I get a bail-out too??? I sold my house in CA in 2005, not too far from the top of the market, paid off all my debts and semi-retired to Thailand. I did this for several reasons; I saw that the housing/lending phenomenon was going to blow up. I also did it because I had way too much debt, had kids to put through college. My move turned out to work out pretty good. I met the responsibilities to my kids and honored the agreements I made in taking out various loans. Now I see that all the whining and moaning from those who acted irresponsibly in their lending and borrowing, may get Mommy Government to bail out their greedy behinds. This what the US has become; a place where if you scream and cry loud and long enough, or if you’re a dipsh!t MBA on Wall Street lending $$ to people who you know can’t pay it back, you run to your Mommy when the sh!t hits the fan. What a bunch of gelly-spined, limp-wristed wimps.
Living in Thailand
August 1st, 2009 at 9:28 am
And you are somehow better, given that you made all your retirement profit INSIDE the USA and then decided to spend it in Thailand ? Gimme a break. You’re nothing more than an opportunist who cares precious little about the land in which the monies were earned.
I don’t think you have any sort of podium from which to preach.
August 4th, 2009 at 12:46 am
difference- you willingly gamble money to make money.
most people just bought a house- they live in their house, their families live there. they didnt gamble anything , and they arent trying to make money- their just trying to live in their house.
most of these people thought they were doing good for themselves by buying their own house- getting ahead in life and “living the american dream” as they say.
They just came about to live it at the wrong time.
Like you said- your move turned out to work out good- but there was no say that it would have , its a chance you take.
Just like many people took the chance to buy the last couple of years. Hell there was a sheet load of well educated investors who took the chance to buy right up till the end- and now their stuck with their houses to.
You seem to be the type who will complain about all these people on welfare- but once one of them gets off welfare and takes your job- you will be cryin.
August 4th, 2009 at 6:06 am
I’m surprised at you post if you trade futures.
Mommy government is not bailing out the typical homeowner
The Federal Reserve does not give a hoot about the typical homeowner.
The Federal Reserve and the Government is bailing out their buddies the money center banks.
They made the stupid loans and will in fact be bailed out.