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The Poor get poorer and the rich get poorer?

Updated on November 30, 2010

A prime example of the Downfall of America

SORRY BUT TO UNDERSTAND THIS HUB YOU WILL NEED TO READ THIS NEWS ARTICLE.

http://finance.yahoo.com/banking-budgeting/article/111434/familys-fall-from-affluence-is-swift-and-hard

Poor him, the only reason he is broke is because he lived well above his means, I hold no piety for him or his wife, simply put its his own fault and this crap is hardly news worthy. This jackass got 14 million dollars and squandered it away doing nothing but spending money to try and compete with people who are much more wealthy than himself.

You have people that are honest and hard working great Americans the epitome of what a person should strive to be of what Americans should strive to be, they are the news worthy, but then that type of person wouldn't find them self in this position.

Then you have an idiot like this who thinks the world owes him something then when he gets it he blows it all thinking more would owe him and it would last always, and now that its gone we are suppose to feel bad for him cause he cant make his house payment. I say to hell with him, good for him this is what he needs in his life, show him some humility.

This worthless person is sadly the poster boy for what most Americans are. Instead of taking a very large sum of money by most peoples standards and buying a nice house, a great car and one hell of a bank account that the interest alone would have given you a very comfortable life with little or no employment and most likely support your children's children if invested using at least a small part of your brain, he lives way beyond his means and takes it to the extreme and we are suppose to piety this jerk? What a joke, and you see this is what America has come too, who cares about the poor or the man that worked his ass off wasn't living above his means and lost his job in a cascading event that started with Clinton signing NAFTA and finally had degraded to our current economic situation, and lost his house and car as a result, a man that would have built an empire off of that 14 million because he wouldn't have lived above his means, and yes the wealthy can live above their means also, this idiot being the proof. And this jack ass was lucky enough to find a job, it would have done him some good to live on the street for a bit, what a joke. I say serves him right, I would love to see more people like him in this situation, they are the ones that deserve it.

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    • pintails7886 profile image
      Author

      pintails7886 7 years ago from Memphis TN

      I try to have one really good hard laugh every day Micky and you just provided todays dose for me, lol. That is really damn funny even though it is about the truth lol.

    • Micky Dee profile image

      Micky Dee 7 years ago

      I think most of the saner folks are just shaking their heads all the time. We may as well be generating some electrical power we can sell to the utility companies. Read some news. Shake your head and make a little cash generating electricity. It would be like having a self winding watch. There are flashlights that you can wind for the power the light uses. NEWS FLASH: "A rich person acts like an idiot!" Shake your head crazy and make some money. Where are the inventors?

    • pintails7886 profile image
      Author

      pintails7886 7 years ago from Memphis TN

      I am with you bobbi some times it is hard to get sympathy for them, in most cases it is usually their fault they want to live off the government and do nothing. However there are those that just simply cant get ahead even though they work as hard as they can and do everything right. Those i do feel sympathy for.

      Gulnaza I agree with you also, but regardless of the economy one should always use their means in a responsible manner. This guy didn't and the article is blaming it on the economy when clearly he was just a jackass. I mean if I was wealthy I would treat my wife with more expensive things but 7000 dollars for a coat? She would go without or 5000 dollar birthday dinners not happening I don't care how much money I have. Again she would not want for anything but there is a line.

    • gulnazahmad profile image

      gulnazahmad 7 years ago from Pakistan

      We are living in a time when economic crises is on its extreme, jobs are no where are you are 100 % right that poor are getting poorer and rich are also getting poorer; so in this time we have the responsibility to use our means in a sensible manner.

    • BobbiRant profile image

      BobbiRant 7 years ago from New York

      I guess like some have problems working up sympathy for the poor (after all it's their own fault of course) I find it rather hard to work up sympathy for a guy who did not know how to handle his money. Oh how the mighty can get debased. Not that I have no sympathy for people, but he blew more money in a short time than most people make in a year.

    • pintails7886 profile image
      Author

      pintails7886 7 years ago from Memphis TN

      Yes it does seem they are punished. And it is a terrible judgement error, this man had a great gift given to him and he squandered it away he could have had a great life by any standards and not only that but when he did he was lucky enough to find a job, I just think it is insane how they portrayed him his loss was not do to this economy as the article might make you think.

      You are right, i surly have a free spirit and work toward my goals, but it seems that people like him are becoming more common, and few can deny looking at american youth today, that they act like the world owes them something just for being born, what happened to working for your dreams? No one is going to give it to you and if they do, you usually end up like this jerk. Not always, but it seems to be a common thing. Not just the wealth but the general idea or concept of something for nothing and living above your means, when you earn something you cherish it a lot more, or if you realize that something like that can greatly change your life and your children's lives and not have to have a new ipod or 100 thousand dollar car just to prove your worth to those around you, but that seems to be the flavor of the century for Americans.

    • Gyspy Writer profile image

      Gyspy Writer 7 years ago from Midwest

      I still think most Americans have an independent spirit and want to decide their own destiny, and aren't afraid to work toward their goals and dreams. Great article, by the way. You are right that living above our means is a judgment error and it is questionable whether other people should have to bail out someone who made this type of mistake. These days, it almost seems as if success and hard work are punished.

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