Man says that he cant make ends meet earning $350,000 a year. - Page 3

krashkart · 03-02-12, 03:00 PM

Quote:

Originally Posted by Stealhead

http://finance.yahoo.com/news/bonus-...050100338.html

Are we supposed to feel sorry for this chump?

No, I don't. With that kind of money he should have done a better job protecting it. Now he gets to live like a poor person. That'll learn 'im.

Why should I even care about this, anyway? People go under all the time and make it through. You'd think it was the end of the world that someone with money is having problems.

Dowly · 03-02-12, 03:04 PM

I'm coming by with ~6000 euros a year atm being unemployed, so what's his excuse?

krashkart · 03-02-12, 03:32 PM

Quote:

Originally Posted by u crank

Come on guys, this chump is obviously having a tough time. Maybe we could take up a little collection for him. If we each chipped in say ten grand we could get him through this rough spell. Hate to see his kids have to leave private school.

I have a few spare ketchup packages I can donate towards this cause. Tomato soup, anyone?

Platapus · 03-02-12, 03:54 PM

Quote:

Originally Posted by krashkart

I have a few spare ketchup packages I can donate towards this cause. Tomato soup, anyone?

Ketchup is a vegetable... At least that's what we were told back in the 80's

krashkart · 03-02-12, 04:10 PM

Quote:

Originally Posted by Platapus

Ketchup is a vegetable... At least that's what we were told back in the 80's

That's what I was always told, but every time I put ketchup in a wheelchair...

*ba dum... * _SQUELCH_

[from the back of the room] "Get off the stage!!!"

Lord have mercy on my wicked soul... I just couldn't help it this time

tater · 03-02-12, 07:29 PM

Quote:

Originally Posted by soopaman2

And people wonder why the paycheck to paycheck living, working poor want to string up douchebags like this.

He should blame to poor for his woes like the rest of them do.

Can I guess his political affiliation?

One, "string him up?" I can think the guy is dumb for doing the interview, or even for living beyond his means, but anyone who wants to lynch him has serious issues. That said, like others facing cuts in hours, or even a cut in paycheck, he has already committed to a particular lifestyle, at least in terms of school tuitions, and mortgage, so if he was expecting a few hundred grand in bonus, and got, say 100k, then he could easily be in trouble. His tiny apartment has to be a couple mil mortgage, right? That's 10-12 grand a month or so. More than 50% his take home. 60-70k is 5k a month for all other expenses for a family of 5 in NYC. Certainly not impossible, but there just barely covers the school tuitions (no idea what the public schools are like in his neighborhood. Here in ABQ, we considered private school "not optional." YMMV.)

So it's just another recession story, but for someone already in a higher bracket. If the reduction was unexpected, he has real problems. Does he live outside his means? Obviously. He's a tool for that. Did he expect, say 2X his current income or more, then have the rug pulled out? Maybe. He's still stuck with a huge mortgage, even if the kids end up at PS-whatever, and he sells unneeded cars, etc.

Two, I don't see him blaming anyone at first glance.

Three, as for party... he lives in NYC. Picking his party at random means there is a 90-something % chance he is a democrat. Just checked political contributions, and the only guy with the same name in NYC only gave to Dems.

Jimbuna · 03-03-12, 08:25 AM

Why don't we have whip round for him.....I'll throw in ten lashes.

BossMark · 03-03-12, 10:19 AM

Aye that's what sad git wants a dam good thrashing

tater · 03-03-12, 10:51 AM

Again, as I said above, the guy sounds like a tool, and I imagine him like the customers on "Selling New York"---that is, someone I'd not like to spend any time with. Still, I find it funny that people get so worked up about him. He pays a lot in taxes, and his "excess" expenses like hiring a dog walker actually employ people. 7k a year for a dog walker? If the dog walker has 10 annoying investment banker customers, he makes 70 grand a year (how much dog walker income do you think is reported and taxed?). That's amazing when you think of it. So if Schiff cuts the dog walker, that's a significant hit on that guy's income, more so if the walker has multiple similar customers.

So, if the story was an interview with a dog walker who made around 70 grand walking dogs last year (and many previous ones), but had his bankers dump him to the tune of 30k, say, and he complained he was having trouble paying for his studio apartment (assume he tried for the American Dream and bought said little apartment (in Brooklyn, dunno if he could afford one in the city on 70k), so he has a mortgage, not just a landlord) would people have the same reaction? The reason would be exactly the same, lower bonuses for Wall St. guys. Would he be pilloried for having been such a tool as to have bankers for customers? He got what he deserved, right? Or should the 4 bankers have kept him on, and cut some other expense, and he's a hapless victim?

CaptainHaplo · 03-03-12, 01:18 PM

Agreed Tater....

This point is that someone lived outside his means. Many people do.

The problem is many here can't sympathize - becasue "their" means and "his" means - and thus the standard of living - is so much different.

Lynch the guy or otherwise punish him because he made a lot more than most others? Really?

Grow up, people.

Schöneboom · 03-03-12, 02:21 PM

Does anyone else get the feeling the article was published just to make people angry? That was the overwhelming public response, entirely predictable. This isn't an isolated case, either: recently Yahoo ran a story about a banker who left an insulting 1% tip for a waitress (with "Get a real job!" written on the credit slip) which later proved to be a hoax. "Why now?" I wonder.

At least some of us know that all classes are sailing on the same ship. Alas, when the SHTF, the folks in steerage will be underwater first. Then there's the little problem with the lifeboats. Ah, well...

tater · 03-03-12, 04:19 PM

The other point is that this guy's means are basically chump change in NYC.

My wife knows docs that work in NYC. The hospital has subsidized housing for them. No kidding. They make ~300k, too.

krashkart · 03-03-12, 04:21 PM

Between tater, Hap and Schoneboom I'm having a change of heart. I was quick to jump the gun. Happens sometimes. Makes a better man of me when I come to a better conclusion.

STEED · 03-04-12, 12:18 PM

Quote:

Originally Posted by BossMark

Aye that's what sad git wants a dam good thrashing

No point, he probably enjoys S&M.

Best thing is to burn his money right in front of him.

tater · 03-04-12, 01:07 PM

Quote:

Originally Posted by STEED

No point, he probably enjoys S&M.

Best thing is to burn his money right in front of him.

I assume the stagehands working in NYC making 350k a year similarly need their cash burned? It's way cheaper here in NM, and there are cops and firefighters that make a couple hundred grand a year. Burn their money, too?

Just curious at what point you should have your money burned. 350k and you have it burned, 349k and you're OK?

Or is it just commenting publicly that it's hard to deal with losing a significant % of income? So if, say, union employees like teachers complain on TV that they only got a 4% raise instead of the 10% they were asking for, when the community they work in is facing large numbers of people actually losing their jobs or having pay CUTS, should they have their money burned in front of them for being asshats?

Just curious.

03-03-12, 08:25 AM	#37
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,678 Downloads: 63 Uploads: 13	Why don't we have whip round for him.....I'll throw in ten lashes. __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

03-03-12, 10:19 AM	#38
BossMark Fleet Admiral Join Date: May 2011 Location: Leeds, West Yorkshire Posts: 15,272 Downloads: 278 Uploads: 0	Aye that's what sad git wants a dam good thrashing __________________ Never trust the Tories look what Thatcher and Major did in the 80s and 90s and look what the wicked witch May is doing now doing now

03-03-12, 10:51 AM	#39
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	Again, as I said above, the guy sounds like a tool, and I imagine him like the customers on "Selling New York"---that is, someone I'd not like to spend any time with. Still, I find it funny that people get so worked up about him. He pays a lot in taxes, and his "excess" expenses like hiring a dog walker actually employ people. 7k a year for a dog walker? If the dog walker has 10 annoying investment banker customers, he makes 70 grand a year (how much dog walker income do you think is reported and taxed?). That's amazing when you think of it. So if Schiff cuts the dog walker, that's a significant hit on that guy's income, more so if the walker has multiple similar customers. So, if the story was an interview with a dog walker who made around 70 grand walking dogs last year (and many previous ones), but had his bankers dump him to the tune of 30k, say, and he complained he was having trouble paying for his studio apartment (assume he tried for the American Dream and bought said little apartment (in Brooklyn, dunno if he could afford one in the city on 70k), so he has a mortgage, not just a landlord) would people have the same reaction? The reason would be exactly the same, lower bonuses for Wall St. guys. Would he be pilloried for having been such a tool as to have bankers for customers? He got what he deserved, right? Or should the 4 bankers have kept him on, and cut some other expense, and he's a hapless victim? __________________ "Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." — Thomas Paine

03-03-12, 01:18 PM	#40
CaptainHaplo Silent Hunter Join Date: Apr 2007 Posts: 4,404 Downloads: 29 Uploads: 0	Agreed Tater.... This point is that someone lived outside his means. Many people do. The problem is many here can't sympathize - becasue "their" means and "his" means - and thus the standard of living - is so much different. Lynch the guy or otherwise punish him because he made a lot more than most others? Really? Grow up, people. __________________ Good Hunting! Captain Haplo

03-03-12, 02:21 PM	#41
Schöneboom Seasoned Skipper Join Date: Apr 2007 Location: San Francisco, CA Posts: 651 Downloads: 36 Uploads: 0	Does anyone else get the feeling the article was published just to make people angry? That was the overwhelming public response, entirely predictable. This isn't an isolated case, either: recently Yahoo ran a story about a banker who left an insulting 1% tip for a waitress (with "Get a real job!" written on the credit slip) which later proved to be a hoax. "Why now?" I wonder. At least some of us know that all classes are sailing on the same ship. Alas, when the SHTF, the folks in steerage will be underwater first. Then there's the little problem with the lifeboats. Ah, well... __________________ Dietrich Schöneboom, U-431 "Es wird klappen, Herr Kaleun. Ganz sicher."

03-02-12, 03:04 PM	#32
Dowly Lucky Jack Join Date: Apr 2005 Location: Finland Posts: 25,054 Downloads: 32 Uploads: 0	I'm coming by with ~6000 euros a year atm being unemployed, so what's his excuse?

03-03-12, 04:19 PM	#42
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	The other point is that this guy's means are basically chump change in NYC. My wife knows docs that work in NYC. The hospital has subsidized housing for them. No kidding. They make ~300k, too. __________________ "Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." — Thomas Paine

03-03-12, 04:21 PM	#43
krashkart Navy Seal Join Date: Jan 2010 Posts: 5,292 Downloads: 100 Uploads: 0	Between tater, Hap and Schoneboom I'm having a change of heart. I was quick to jump the gun. Happens sometimes. Makes a better man of me when I come to a better conclusion. __________________ sent from my fingertips using a cheap keyboard