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Getbig Main Boards => Gossip & Opinions => Topic started by: Moosejay on July 12, 2008, 11:56:57 AM
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...Vin Baker, who made in excess of 100 million in his NBA career, just had his house foreclosed on in Durham, CT.
How the Hell does this happen.
Others who are broke, like Scottie Pippen, unbelievable.
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maybe Vin Baker knocked you down and took your $100 today?
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I don't get how you piss away all that money. Vin Baker ate himself out of the NBA. He had a TON of talent but never realized it!
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I don't get how you piss away all that money. Vin Baker ate himself out of the NBA. He had a TON of talent but never realized it!
Huge drinking problem, too.
Can't feel sorry for guys like this.
They have such incredible power to help themselves and others.
And I don't mean the 'entourage'
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Black people cant handle money because they never had it before and never knew anyone who had it or never had a relative who had some..
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Black people cant handle money because they never had it before and never knew anyone who had it or never had a relative who had some..
Magic Johnson does ok.
But we are talking 100 mill.
Let's say you burn thru 5 or 10 mill.
Okay. Out of your system.
What the hell else can you piss all that money away on?
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Ofcourse a few black men can handle it.
But ALOT of them obviously cant.
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Seems I'm black :'(
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Black people cant handle money because they never had it before and never knew anyone who had it or never had a relative who had some..
Luadcris said "What's worse is having money and losing it"
It's not just NBA stars you can count many a Rockstar that has piss away his money as well.
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I don't think it is just blacks, but a curse of all poor people. If you grow up not having anything you start to base your life on the materialistic goods that you don't have. This becomes your model for sucess when it should be something like education. Thus when this people fall into money they spend it to show they are successful. They have no clue how to save, or realistically how much money they will need to live their entire life at a certain attainable level. Hence the boats, houses, bling, etc.
It is a harder thing to learn than you think. I grew up poor and when I finally started having "okay" money I blew alot on frivoulous stuff, than 2 years later got laid off of my job without a penny in the bank.
I learned the hard way. But at least I learned.
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I don't think it is just blacks, but a curse of all poor people. If you grow up not having anything you start to base your life on the materialistic goods that you don't have. This becomes your model for sucess when it should be something like education. Thus when this people fall into money they spend it to show they are successful. They have no clue how to save, or realistically how much money they will need to live their entire life at a certain attainable level. Hence the boats, houses, bling, etc.
It is a harder thing to learn than you think. I grew up poor and when I finally started having "okay" money I blew alot on frivoulous stuff, than 2 years later got laid off of my job without a penny in the bank.
I learned the hard way. But at least I learned.
true
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Sounds like some bad investments.
It's impossible to drink away 100 mill.
Did this cat throw huge expensive parties every weekend / buy boats to all his friends / use coke?
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Sounds like some bad investments.
It's impossible to drink away 100 mill.
Did this cat throw huge expensive parties every weekend / buy boats to all his friends / use coke?
likely all that and more
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I don't think it is just blacks, but a curse of all poor stupid people. If you grow up not having anything you start to base your life on the materialistic goods that you don't have. This becomes your model for sucess when it should be something like education. Thus when this people fall into money they spend it to show they are successful. They have no clue how to save, or realistically how much money they will need to live their entire life at a certain attainable level. Hence the boats, houses, bling, etc.
It is a harder thing to learn than you think. I grew up poor and when I finally started having "okay" money I blew alot on frivoulous stuff, than 2 years later got laid off of my job without a penny in the bank.
I learned the hard way. But at least I learned.
fixed
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probably weak minded and controlled by women.
Yes
"Delegated by the power of the puss....many pusses, that is"
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I don't think it is just blacks, but a curse of all poor people. If you grow up not having anything you start to base your life on the materialistic goods that you don't have. This becomes your model for sucess when it should be something like education. Thus when this people fall into money they spend it to show they are successful. They have no clue how to save, or realistically how much money they will need to live their entire life at a certain attainable level. Hence the boats, houses, bling, etc.
It is a harder thing to learn than you think. I grew up poor and when I finally started having "okay" money I blew alot on frivoulous stuff, than 2 years later got laid off of my job without a penny in the bank.
I learned the hard way. But at least I learned.
Well you learnt wrong.
It's got nothing to do with being poor, and everything to do with intelligence and culture. You don't see asians striking it rich and going broke a few years later.
Black culture isn't complex, and having 100 million is, put the two together you have a broke ass dude.
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Maybe also a 'victim' of the 'Travis Henry' syndrome...you know...9 bastard children by nine different women
award-winning plan, wouldn't change a thing
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Getting laid off fucking blows. I've been through similar shit.
On the upside, it can open you to new opportunities
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vin was the shit when he played for the sonics
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Maybe also a 'victim' of the 'Travis Henry' syndrome...you know...9 bastard children by nine different women
award-winning plan, wouldn't change a thing
It's got nothing to do with falling for pussy and everything to do with Travis Henry being a dumbass.
Most pro athletes from the NFL and NBA aren't very intelligent. They come from stocks that were bred to be strong and work, not be financially careful.
Baseball players are a little different. Tennis players are probably the most intelligent and I don't see any tennis players going broke and going into massive debt
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I saw Cecil Fielder yesterday - he's the manager of the Atlantic City Surf (CanAm League baseball team)
he was taking pictures with children, signing autographs for anyone who asked, and even bought 50-50 tickets
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...Vin Baker, who made in excess of 100 million in his NBA career, just had his house foreclosed on in Durham, CT.
How the Hell does this happen.
Others who are broke, like Scottie Pippen, unbelievable.
Coke and whores, taking athletes money since the dawn of time.
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Tennis and Golf-players are probably those athletes in sport that are most financially intelligent.
Then again, anyone can succumb to an addiction.
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Well you learnt wrong.
It's got nothing to do with being poor, and everything to do with intelligence and culture. You don't see asians striking it rich and going broke a few years later.
Black culture isn't complex, and having 100 million is, put the two together you have a broke ass dude.
Well Camel Jockey have you been poor? If not you can't know. As far as intelligence goes I believe that has alot to do with it as well. However I am intelligent, I have my degree and am working on being a nurse practitioner. Also I am asian. Had a great job as a Migrant and Refugee Youth Development Coordinator, than bam 9/11 happened and we lost funding.
Anyone can make a mistake.
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"handling" money has nothing to do with it. You don't just mishandle 100 million dollars. you gotta do some dumbfuck shit to lose all that money. vin baker, proving once again the perils of black culture; they don't invest their money, they show it off.
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why?
low education
low self-esteem
low smartness
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why?
low education
low self-esteem
low smartness
Good 'ol Getbig.
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Well Camel Jockey have you been poor? If not you can't know. As far as intelligence goes I believe that has alot to do with it as well. However I am intelligent, I have my degree and am working on being a nurse practitioner. Also I am asian. Had a great job as a Migrant and Refugee Youth Development Coordinator, than bam 9/11 happened and we lost funding.
Anyone can make a mistake.
I don't think you'd lose 100 mil
There's a huge difference between a little free spending because you feel you have job security and blowing 100 million
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Good 'ol Getbig.
brightness cleverness if you prefer
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I don't think you'd lose 100 mil
There's a huge difference between a little free spending because you feel you have job security and blowing 100 million
Good point. Vin Baker, what a piece of shit!!! ;D
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That is not rare at all. Most professional athletes end up broke when their careers are over even if they make huge amounts of money. It's because they get the money so quickly and easily they have no idea how to handle it and hang on to it.
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actually, a lot of millionaires are choosing to 'take the hit' and let their house get foreclosed.
He might still have ten mil or 30 mil in the bank, who knows.
But when an adjustable rate makes your monthly payment go up $500 on a $200,000 home... HIS monthly payment (on a $20 mil home) will go up $50k a month, or more.
YOU can easily pay an extra $500 a month (well, most can).
An extra 50k a month might be something he cannot manage.
Didn't Ed McMahon just choose to 'walk away' from his mansion, as he was upside down on it?
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Did his mansion look like this?
(http://www.propertyinvestmentproject.co.uk/images/updowncourt.jpg)
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Listen, if you gave me 100 million, i'd blow through at least 5-10 million in 2-3 months. But after you get all that shit out of your system, I figure i'd settle down and get up to 240lbs!!! LOL Seriously, with my personality, i'd kill myself with that kind of cash!!!
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I actually had a Vin Baker signed basketball card at one time. I remember he had a real good year around '94 or so, and I sent in one of his cards to the team he was playing with at the time requesting that he sign it because I was his biggest fan or some bullshit like that.
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Once again I ask the question.......you have the world by the balls.....how do you fuck it up?
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Does Mike Tyson and MC Hammer ring any bells?
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Black people cant handle money because they never had it before and never knew anyone who had it or never had a relative who had some..
NO THAT'S NOT IT...
YOU SEE THESE BLACK ATHLETES HAVE NEVER HAD WHITE ACCOUNTANTS IN THEIR LIVES AND YOU KNOW THE STORY...THERE IS NO THEIF LIKE A WHITE THIEF...
S&L SCANDAL ANYONE???
CORPORATE SCANDAL ANYONE????
REAL ESTATE MELTDOWN ANYONE?????
PENTAGON LOSING 5 TRILLION DOLLARS ANYONE???
IRAQ WAR AND THREE TRILLION WASTED ANYONE???
PETROCHEMICAL INDUSTRY ANYONE???
ENRON ANYONE?????
cheerleaders in the background cheering
NOBODY CAN STEAL LIKE WHITIE CAN...IF HE CAN'T DO IT NOBODY CAN
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on a side note, getting your home foreclosed on doesn't always indicate poverty!
if you bought a home for $2.5 million and the current value falls enough (given the current housing trouble)..what do you do?
owing more on the house that the market value and having minimal equity..walking away might not be a bad option.
Donald Trump has filed for chapter 11/12 several times if memory serves me correctly.
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Well you learnt wrong.
It's got nothing to do with being poor, and everything to do with intelligence and culture. You don't see asians striking it rich and going broke a few years later.
Black culture isn't complex, and having 100 million is, put the two together you have a broke ass dude.
why are you making this into a black thing?
People facing financial difficulties often feel like they are the only ones having money troubles. They often feel embarrassed and isolated from the rest of the community. They are reluctant of file for bankruptcy because they are afraid they will be considered failures and irresponsible by the public. They do not realize that many people, including famous celebrities, have faced similar financial difficulties and filed for bankruptcy to discharge their debts. This article will discuss some of these famous people including artists, athletes, authors, actors and businessmen who filed for bankruptcy.
Rembrandt Haremenszoon Van Rijn, 1606-1669, the famous Dutch painter, accumulated more debts than he could repay and filed for bankruptcy at the age of 50 in 1656. Jacob Peter Thomasz, a lawyer, supervised the sale of his assets in 1657 and 1658. Many of Rembrandt's paintings and his house were sold at an auction. After the bankruptcy, he continued to paint but was not allowed to sell his works directly to customers. He was able to circumvent this law by having his son take over his business and sell his paintings.
Phineas Taylor Barnum, 1810-1891, the greatest American showman, filed for bankruptcy in 1871 due to losses he incurred in unwise business ventures. After bankruptcy he organized his famous circus, "The Greatest Show On Earth." In 1881 he merged his circus with his most successful competitor, James A. Bailey, under the name of Barnum and Bailey Circus.
Mark Twain, (Samuel Langhorne Clemens), 1835-1910, pre-eminent American author, lost most of his money investing in a worthless machine called the Paige Compositor, an automatic typesetting machine. He filed for bankruptcy in 1894 and discharged all his debts, but was determined to repay the debts. He knew he could earn money by giving lectures to large audiences, so he traveled to Europe and spent the next four years lecturing in every major city. He used the proceeds from these lectures to repay all his debts. He also wrote several of his more famous books after filing bankruptcy including Pudd'nhead Wilson and Following the Equator.
Mathew Brady, 1823-1896, distinguished Civil War photographer, filed for bankruptcy in 1872 in Washington, D.C. when, after the Civil War, people lost interest in his work and he became unable to pay his business debts. Three years after he filed for bankruptcy the United Stated War Department agreed to purchase part of his photography collection for $25,000.00. He then reopened his gallery and was successful in attracting new clients for his work.
Henry John Heinz, 1844-1919, condiment manufacturer, started his company in 1869 selling horseradish, pickles, sauerkraut and vinegar. In 1875 the company filed for bankruptcy due to an unexpected bumper harvest which the company could not keep up with and could not meet its payroll obligations. He immediately started a new company and introduced a new condiment, tomato ketchup to the market. This company was, and continues to be, very prosperous.
Oscar Wilde, 1854-1900, acclaimed poet and author, was forced into bankruptcy in 1895. He had earlier been convicted of homosexual activity, which in England was illegal at that time, and was sentenced to two years in prison at hard labor. He was declared a bankrupt on November 12, 1895 and his property was auctioned off. After being released from prison he published his poem, The Ballad of Reading Gaol. His health was affected by his prison experience and he died at the age of 46.
Milton Snavely Hershey, 1857-1945, founder of Hershey's chocolate, started four candy companies that failed and filed bankruptcy before starting what is now Hershey's Foods Corporation. Mr. Hershey had only a 4th grade education, but was certain he could make a good product that the public would want to purchase. His fifth attempt was clearly successful.
Henry Ford, 1863-1947, automobile manufacturer, first two automobile manufacturing companies failed. The first company filed for bankruptcy and the second ended because of a disagreement with his business partner. In June 1903, at the age of 40, he created a third company, the Ford Motor Company with a cash investment of $28,000.00. By July of 1903 the bank balance had dwindled to $223.65, but then Ford sold its first car, and as they say the rest is history.
Mickey Rooney, 1920- , movie actor, blames alcohol and gambling for the financial problems he suffered in the early 1960's. He owed the Internal Revenue Service $1.75 million and filed for bankruptcy in 1962. After the bankruptcy he continued to act and has had many roles in movies and television. He is still preforming live shows today.
Debbie Reynolds, 1932- , movie actress, purchased a hotel in Las Vegas in 1992 and called it the Debbie Reynolds Hotel and Casino. She thought she could operate the hotel successfully, however, it was plagued by a weak cash flow almost from the start. In July 1997 the hotel filed for Chapter 11 bankruptcy and Ms. Reynolds filed for personal bankruptcy. The hotel was sold at auction in 1998 to the World Wrestling Federation.
Johnny Unitas, 1933- , legendary Hall of Fame football quarterback, was a great athlete but a terrible businessman. Each of his business ventures, including bowling alleys, land deals and restaurants, was unsuccessful. He filed for Chapter 11 bankruptcy in 1991. Other football players who filed for bankruptcy include Tony Martin and Lawrence Taylor.
Jerry Lee Lewis, 1935- , famous Rock n' Roll star, filed for bankruptcy in 1988 because of huge tax debts. The IRS seized his cars, furniture, baby grand piano and even showed up at his concerts to collect ticket sales. He has since recovered from bankruptcy and still gives live concerts.
Burt Reynolds, 1936- , movie actor, filed for bankruptcy in 1996 in Florida after his much publicized divorce from Loni Anderson. He had more than $10 million in debt. His dinner theater was foreclosed on by the mortgage lender and his ranch was sold. Since his bankruptcy he has continued to act in movies and was awarded the Golden Globe for Best Supporting Actor in the film Boogie Nights.
Sherman Hemsley, 1938- , TV actor who played George Jefferson in All in the Family, filed for Chapter 13 bankruptcy in June of 1999. He did not have sufficient funds to repay a $1 million loan from a Las Vegas investment corporation and pay taxes he owed to the IRS. He later dismissed the case and worked out his debt outside court.
Marjorie Margolies Mezvinsky, 1942- , former member U.S. House of Representatives from 1993 to 1995, filed for Chapter 7 bankruptcy in February 2000. She was denied a discharge however because she failed to satisfactorily explain and disclose what happened to all her assets.
Wayne Newton, 1942- , Las Vegas entertainer, filed for Chapter 11 bankruptcy in 1992 listing more than $20 million in debt. A few years later he signed a new contract with Stardust Hotel which pays him reportedly over $25 million per year for preforming at the hotel 40 weeks a year for 10 years.
Kim Basinger, 1953- , actress, earned so much money from her movies that she was able to purchase the town of Braselton, Georgia. After the purchase she was sued for breach of contract for pulling out of the movie, Boxing Helena. She was not able to pay the damages resulting from the suit and filed for bankruptcy in 1993. As part of her bankruptcy she sold the town. She later married Alec Baldwin, had a child and won an Oscar for her role in the movie L.A. Confidential.
MC Hammer (Stanley Burrell) 1962- , musician and entertainer, filed for Chapter 11 bankruptcy in 1996 because he did not have the income to support his lavish lifestyle and defend all the lawsuits that were filed against him.
Walt Disney, 1901-1966, cartoon creator, filed for bankruptcy in 1920 after his main client of his new business filed bankruptcy. Disney said he could no longer pay his employees or the rent and had no choice but to file bankruptcy himself. In 1923 her formed a new company with a loan from his parents and his brother. In 1928 her created “Mickey Mouse” and the rest is history.
Larry King, 1933- , talk show host, filed for bankruptcy in 1960 and then again in 1978. He said each time that he was deep in debt.
Donald Trump, 1946- , businessman, filed a Chapter 11 bankruptcy case for his casino empire in 2004 to reorganize his business after negotiations with his creditors failed. This was the second bankruptcy case for his casino business, in 1992 he had filed Chapter 11 bankruptcy for his casino business.
Mike Tyson, 1965- , professional fighter, filed a Chapter 11 case in August of 2003 because he was not able to pay all his bills.
Sammy Kershaw, 1958- , country music singer, filed a Chapter 13 bankruptcy case in February 2007. He had some major hits during the early 1990's, but nothing recently. He was facing financial difficulties with a restaurant he owned.
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Luadcris said "What's worse is having money and losing it"
It's not just NBA stars you can count many a Rockstar that has piss away his money as well.
STOP!!!! Break it down...... ;D
ADD: Gymrat 75 beat me to it. >:( :)
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Well you learnt wrong.
It's got nothing to do with being poor, and everything to do with intelligence and culture. You don't see asians striking it rich and going broke a few years later.
Black culture isn't complex, and having 100 million is, put the two together you have a broke ass dude.
yeah you know that Oprah and Jayzee. They're broke too ::)
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NO THAT'S NOT IT...
YOU SEE THESE BLACK ATHLETES HAVE NEVER HAD WHITE ACCOUNTANTS IN THEIR LIVES AND YOU KNOW THE STORY...THERE IS NO THEIF LIKE A WHITE THIEF...
S&L SCANDAL ANYONE???
CORPORATE SCANDAL ANYONE????
REAL ESTATE MELTDOWN ANYONE?????
PENTAGON LOSING 5 TRILLION DOLLARS ANYONE???
IRAQ WAR AND THREE TRILLION WASTED ANYONE???
PETROCHEMICAL INDUSTRY ANYONE???
ENRON ANYONE?????
cheerleaders in the background cheering
NOBODY CAN STEAL LIKE WHITIE CAN...IF HE CAN'T DO IT NOBODY CAN
And nobody can "Blame" like the African American can
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First off if he had a $100 million half is gone already to taxes, His agent takes another 10% and his business manager takes another 12% to 15%. If hired a separate financial manager then there is more. Pretty sure he had an accountant too. More than likely they invested his money in things that obviously didn't pay off. You can bet he bought his mom a home took care of buying his family a bunch of shit and himself a big beautiful house and some fancy cars. His problem was he should have paid cash for the house. You don't make payments on huge house like that. You pay cash like Oprah does or Madonna and others or you don't buy it. Why make payments you never know when your cash is going to run out from unexpected circumstances. Also fro being broke, doubt it. Not sure how ling he played but he has a pension coming. And depending on when he chooses to collect it, it is pretty good I am sure.
Also, you mention tennis and golf people are good with their money. It is because these twos sports are money driven from the beginning. In most cases all tennis and gold people come from money to begin with. Someone has to pay for the lessons. BB and other sports you can learn from the playground, little league, Pop Warner etc. Their parents are usually money smart. Even though the Williams sisters came from Compton, their dad and mom seem to be pretty grounded. Most pro football players come from humble beginnings. They got a scholarship for the physical abilities not their brains. IN some cases this is different and in those cases they came from money too. Especially children of former pro ballplayers.
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actually, a lot of millionaires are choosing to 'take the hit' and let their house get foreclosed.
He might still have ten mil or 30 mil in the bank, who knows.
But when an adjustable rate makes your monthly payment go up $500 on a $200,000 home... HIS monthly payment (on a $20 mil home) will go up $50k a month, or more.
YOU can easily pay an extra $500 a month (well, most can).
An extra 50k a month might be something he cannot manage.
Didn't Ed McMahon just choose to 'walk away' from his mansion, as he was upside down on it?
Whoa, whoa,,,,,I'm not saying he didnt but why would he or anyone with that kind of capital settle on an adjustable mortgage???
Also yes blacks, let's not go gettin finger happy here Ron with that delete button but lets' face it blacks in the USA are sold on bling.
They're force fed it in videos and movies.
Mama raised Tyrone hit's the lotto with the NFL, the poor bastard was tutored through college just to get a degree. What does he do? Gets the Bentley and on and on.....He has no one with financial education to steer him right. So all of it goes to bling...mostly.
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NOT REALLY MOOSE WHEN YOU THINK ABOUT IT , WHERE DO THEY INVEST THAT MONEY. PURCHASING HOME THAT THEY DON;T BELONG IN....A MULTIPLICITY OF CARS THEY OWN, WHERE IS THIER BUDGET? HOW MANY OF THE HANGER ON FRIENDS DID HE PAY FOR? I DON'T WISH ILL ON ANYONE BUT SPEND MONEY WISELY. THE BIG CORPORATIONS DO, AS SHOULD WE ALL
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why are you making this into a black thing?
People facing financial difficulties often feel like they are the only ones having money troubles. They often feel embarrassed and isolated from the rest of the community. They are reluctant of file for bankruptcy because they are afraid they will be considered failures and irresponsible by the public. They do not realize that many people, including famous celebrities, have faced similar financial difficulties and filed for bankruptcy to discharge their debts. This article will discuss some of these famous people including artists, athletes, authors, actors and businessmen who filed for bankruptcy.
Rembrandt Haremenszoon Van Rijn, 1606-1669, the famous Dutch painter, accumulated more debts than he could repay and filed for bankruptcy at the age of 50 in 1656. Jacob Peter Thomasz, a lawyer, supervised the sale of his assets in 1657 and 1658. Many of Rembrandt's paintings and his house were sold at an auction. After the bankruptcy, he continued to paint but was not allowed to sell his works directly to customers. He was able to circumvent this law by having his son take over his business and sell his paintings.
Phineas Taylor Barnum, 1810-1891, the greatest American showman, filed for bankruptcy in 1871 due to losses he incurred in unwise business ventures. After bankruptcy he organized his famous circus, "The Greatest Show On Earth." In 1881 he merged his circus with his most successful competitor, James A. Bailey, under the name of Barnum and Bailey Circus.
Mark Twain, (Samuel Langhorne Clemens), 1835-1910, pre-eminent American author, lost most of his money investing in a worthless machine called the Paige Compositor, an automatic typesetting machine. He filed for bankruptcy in 1894 and discharged all his debts, but was determined to repay the debts. He knew he could earn money by giving lectures to large audiences, so he traveled to Europe and spent the next four years lecturing in every major city. He used the proceeds from these lectures to repay all his debts. He also wrote several of his more famous books after filing bankruptcy including Pudd'nhead Wilson and Following the Equator.
Mathew Brady, 1823-1896, distinguished Civil War photographer, filed for bankruptcy in 1872 in Washington, D.C. when, after the Civil War, people lost interest in his work and he became unable to pay his business debts. Three years after he filed for bankruptcy the United Stated War Department agreed to purchase part of his photography collection for $25,000.00. He then reopened his gallery and was successful in attracting new clients for his work.
Henry John Heinz, 1844-1919, condiment manufacturer, started his company in 1869 selling horseradish, pickles, sauerkraut and vinegar. In 1875 the company filed for bankruptcy due to an unexpected bumper harvest which the company could not keep up with and could not meet its payroll obligations. He immediately started a new company and introduced a new condiment, tomato ketchup to the market. This company was, and continues to be, very prosperous.
Oscar Wilde, 1854-1900, acclaimed poet and author, was forced into bankruptcy in 1895. He had earlier been convicted of homosexual activity, which in England was illegal at that time, and was sentenced to two years in prison at hard labor. He was declared a bankrupt on November 12, 1895 and his property was auctioned off. After being released from prison he published his poem, The Ballad of Reading Gaol. His health was affected by his prison experience and he died at the age of 46.
Milton Snavely Hershey, 1857-1945, founder of Hershey's chocolate, started four candy companies that failed and filed bankruptcy before starting what is now Hershey's Foods Corporation. Mr. Hershey had only a 4th grade education, but was certain he could make a good product that the public would want to purchase. His fifth attempt was clearly successful.
Henry Ford, 1863-1947, automobile manufacturer, first two automobile manufacturing companies failed. The first company filed for bankruptcy and the second ended because of a disagreement with his business partner. In June 1903, at the age of 40, he created a third company, the Ford Motor Company with a cash investment of $28,000.00. By July of 1903 the bank balance had dwindled to $223.65, but then Ford sold its first car, and as they say the rest is history.
Mickey Rooney, 1920- , movie actor, blames alcohol and gambling for the financial problems he suffered in the early 1960's. He owed the Internal Revenue Service $1.75 million and filed for bankruptcy in 1962. After the bankruptcy he continued to act and has had many roles in movies and television. He is still preforming live shows today.
Debbie Reynolds, 1932- , movie actress, purchased a hotel in Las Vegas in 1992 and called it the Debbie Reynolds Hotel and Casino. She thought she could operate the hotel successfully, however, it was plagued by a weak cash flow almost from the start. In July 1997 the hotel filed for Chapter 11 bankruptcy and Ms. Reynolds filed for personal bankruptcy. The hotel was sold at auction in 1998 to the World Wrestling Federation.
Johnny Unitas, 1933- , legendary Hall of Fame football quarterback, was a great athlete but a terrible businessman. Each of his business ventures, including bowling alleys, land deals and restaurants, was unsuccessful. He filed for Chapter 11 bankruptcy in 1991. Other football players who filed for bankruptcy include Tony Martin and Lawrence Taylor.
Jerry Lee Lewis, 1935- , famous Rock n' Roll star, filed for bankruptcy in 1988 because of huge tax debts. The IRS seized his cars, furniture, baby grand piano and even showed up at his concerts to collect ticket sales. He has since recovered from bankruptcy and still gives live concerts.
Burt Reynolds, 1936- , movie actor, filed for bankruptcy in 1996 in Florida after his much publicized divorce from Loni Anderson. He had more than $10 million in debt. His dinner theater was foreclosed on by the mortgage lender and his ranch was sold. Since his bankruptcy he has continued to act in movies and was awarded the Golden Globe for Best Supporting Actor in the film Boogie Nights.
Sherman Hemsley, 1938- , TV actor who played George Jefferson in All in the Family, filed for Chapter 13 bankruptcy in June of 1999. He did not have sufficient funds to repay a $1 million loan from a Las Vegas investment corporation and pay taxes he owed to the IRS. He later dismissed the case and worked out his debt outside court.
Marjorie Margolies Mezvinsky, 1942- , former member U.S. House of Representatives from 1993 to 1995, filed for Chapter 7 bankruptcy in February 2000. She was denied a discharge however because she failed to satisfactorily explain and disclose what happened to all her assets.
Wayne Newton, 1942- , Las Vegas entertainer, filed for Chapter 11 bankruptcy in 1992 listing more than $20 million in debt. A few years later he signed a new contract with Stardust Hotel which pays him reportedly over $25 million per year for preforming at the hotel 40 weeks a year for 10 years.
Kim Basinger, 1953- , actress, earned so much money from her movies that she was able to purchase the town of Braselton, Georgia. After the purchase she was sued for breach of contract for pulling out of the movie, Boxing Helena. She was not able to pay the damages resulting from the suit and filed for bankruptcy in 1993. As part of her bankruptcy she sold the town. She later married Alec Baldwin, had a child and won an Oscar for her role in the movie L.A. Confidential.
MC Hammer (Stanley Burrell) 1962- , musician and entertainer, filed for Chapter 11 bankruptcy in 1996 because he did not have the income to support his lavish lifestyle and defend all the lawsuits that were filed against him.
Walt Disney, 1901-1966, cartoon creator, filed for bankruptcy in 1920 after his main client of his new business filed bankruptcy. Disney said he could no longer pay his employees or the rent and had no choice but to file bankruptcy himself. In 1923 her formed a new company with a loan from his parents and his brother. In 1928 her created “Mickey Mouse” and the rest is history.
Larry King, 1933- , talk show host, filed for bankruptcy in 1960 and then again in 1978. He said each time that he was deep in debt.
Donald Trump, 1946- , businessman, filed a Chapter 11 bankruptcy case for his casino empire in 2004 to reorganize his business after negotiations with his creditors failed. This was the second bankruptcy case for his casino business, in 1992 he had filed Chapter 11 bankruptcy for his casino business.
Mike Tyson, 1965- , professional fighter, filed a Chapter 11 case in August of 2003 because he was not able to pay all his bills.
Sammy Kershaw, 1958- , country music singer, filed a Chapter 13 bankruptcy case in February 2007. He had some major hits during the early 1990's, but nothing recently. He was facing financial difficulties with a restaurant he owned.
Thanks for sharing. Interesting stuff.
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he obviously has no more income, unless he gave that money i cant see how he went totally broke.
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OBVIOUSLY DIDNT LISTEN TO HIS FINANCIAL PLANER.
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OBVIOUSLY DIDNT LISTEN TO HIS FINANCIAL PLANER.
He probably did not have one, he did the usual thing, bought a big home, sport cars, bought mum a house, gave money to his relatives. he made $90M in NBA money and $13.5 in his last year with the celts in 03-04.. dont understand how he did not have enough funds to cover a minimum monthly payment but thats his problem..he got lazy.
to keep the big cheques coming in you got to keep working, fuck what u made 3-4 yrs ago, thats why Michael jordan owns a piece of the bobcats, has his own brand, Will smith keeps churning out movies, year after year as does Eddie murphy.
lot of nba players work in the front office with there teams, many are radio and TV analyst..Baker needed to adjust his budget, his used to $300,000 hitting his account every 2 weeks (NBA players get paid fortnightly) and when that stopped he fucked up...
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Most people blow whatever $$$ they get.
It's not if they were born rich or poor, it's human nature to always want more.
I don't know what it's like in the USA, but in OZ interest rates go up, many people lose their home or can't afford anything.
Why? They don't think of the future, don't save, buy everything they can, pop out some kids, live to the limit of what they earn and with credit usually live well beyond their limit, so when shit hits the fan they are fucked.
Or in this country full of stupid idiots, whinge to the government to bail them out so they can blow that money on useless shit.
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Most people blow whatever $$$ they get.
It's not if they were born rich or poor, it's human nature to always want more.
I don't know what it's like in the USA, but in OZ interest rates go up, many people lose their home or can't afford anything.
Why? They don't think of the future, don't save, buy everything they can, pop out some kids, live to the limit of what they earn and with credit usually live well beyond their limit, so when shit hits the fan they are fucked.
Or in this country full of stupid idiots, whinge to the government to bail them out so they can blow that money on useless shit.
Im in Oz too, lot of broke motherfuckers here, Petrol is $1.70/litre :-\ interest rates are soaring, its great for me renting my apartments out cause rents have hiked up to, but Australia is just to expensive to live in.
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Im in Oz too, lot of broke motherfuckers here, Petrol is $1.70/litre :-\ interest rates are soaring, its great for me renting my apartments out cause rents have hiked up to, but Australia is just to expensive to live in.
Epic negative gearing.
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Epic negative gearing.
HA HA HA Brutal monthly mortgage payments in Nov, Im on 6.5% at the moment, in November its going to be the end of my 3 year fixed rate, Im expecting a 9.0% rate :'(
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This inability to handle money certainly isn't something that holds true for all those who grew up deprived.
I sometimes take my 7 year-old niece pony trekking in the mountains south of Dublin (I'm in Ireland). We pay €10 ($15) for about 90 minutes of her being walked slowly around a field atop a tired old retired racehorse. Like most little girls she's horse crazy and looks forward to these outings.
The guy who owns this small equestrian centre grew up absolutely dirt poor (relatives of mine knew him when he was a kid): no running water, no electrickery, no clothes other than charity shop hand-me-downs, potatoes for dinner every fucking day... but he adopted an attitude of self-reliance and careful money management.
His wife grew most of what they ate in the garden... he worked odd jobs on the weekend... he saved and invested... to this day his wife sells her home-made produce at various farmers markets around Wicklow.
His kids now work in the equestrian centre, they walk for miles home from school then clean and feed the horses, muck out the stables etc etc You couldn't meet more polite, respectful kids.
Only a few people know this, but the dude is actually worth about €300 mil... on Sundays him, his dowdy wife and scruffy children tour around their property empire in a brand new Aston Martin DB9. November, December and January they travel around the US and Australia.
During the week he drives a knackered old jeep and his wife drives an old fashioned mini... his kids don't get any pocket money, they have to earn it working minimum wage on the weekends.
The Luke
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it dont mean his broke, he just doesnt want to pay off his house.
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STOP!!!! Break it down...... ;D
ADD: Gymrat 75 beat me to it. >:( :)
LOL Hammer is having a concert after the Tampa Rays baseball game next Saturday!!! "Can't touch 'dis...." "HAMMER TIME..."
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Well you learnt wrong.
It's got nothing to do with being poor, and everything to do with intelligence and culture. You don't see asians striking it rich and going broke a few years later.
Black culture isn't complex, and having 100 million is, put the two together you have a broke ass dude.
The perceived over-industriousness and intelligence of asians is fallacy.
Go to any casino, asians bring briefcases full of money and lose it at the craps tables.
they smoke worse than anybody=stupid
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The perceived over-industriousness and intelligence of asians is fallacy.
Go to any casino, asians bring briefcases full of money and lose it at the craps tables.
they smoke worse than anybody=stupid
Thanks. There's a reason this site is called GetDumb. I took my mom to BlackHawk for a monthly $.25 machine day, and Asains were f##king off big money at the card tables. Anyway...they do have an excellent suppport system...as far as assistance if someone hits had times, and they are good at living off of cash vs credit which is the real killer.
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Thanks. There's a reason this site is called GetDumb. I took my mom to BlackHawk for a monthly $.25 machine day, and Asains were f##king off big money at the card tables. Anyway...they do have an excellent suppport system...as far as assistance if someone hits had times, and they are good at living off of cash vs credit which is the real killer.
getdumb
yeah, anyway you slice it, gambling is for dumb-asses.
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Anybody ever take a college course with some big-name athletes in it? If you did you would see why these guys go broke after making fortunes. They have the writing ability of the typical middle schooler and their math skills are even worse. It's pathetic. These guys probably don't even comprehend what deals they are signing.
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Anybody ever take a college course with some big-name athletes in it? If you did you would see why these guys go broke after making fortunes. They have the writing ability of the typical middle schooler and their math skills are even worse. It's pathetic. These guys probably don't even comprehend what deals they are signing.
the standard NBA deal is $70M for 5 years...unless your shaq and on $100M for 5 years
the ones that blow there $$ deserve it anyway, fuck em, being a "baller" in your 20's does not mean shit in your 30's
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the standard NBA deal is $70M for 5 years...unless your shaq and on $100M for 5 years
the ones that blow there $$ deserve it anyway, fuck em, being a "baller" in your 20's does not mean shit in your 30's
that is deal for the super star/elite player..far from standard ::)
the average salary $5 million..stop making up stuff that you don't know about
"Mid-level exception
A team is allowed to sign one player to a contract equal to the average NBA salary, even if the team is over the salary cap already, or if the signing would put them over the cap. This is known as the Mid-level exception. The Mid-Level Exception for the 2007-08 NBA season is $5.36 million. Only teams that are over the Salary Cap can use the mid-level exception to sign free agents. The MLE as it is often called is $5.585 million for the 2008-09 NBA regular season
An example would be the Toronto Raptors' acquisition of three-point specialist Jason Kapono during the 2007 off-season."
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NO THAT'S NOT IT...
YOU SEE THESE BLACK ATHLETES HAVE NEVER HAD WHITE ACCOUNTANTS IN THEIR LIVES AND YOU KNOW THE STORY...THERE IS NO THEIF LIKE A WHITE THIEF...
S&L SCANDAL ANYONE???
CORPORATE SCANDAL ANYONE????
REAL ESTATE MELTDOWN ANYONE?????
PENTAGON LOSING 5 TRILLION DOLLARS ANYONE???
IRAQ WAR AND THREE TRILLION WASTED ANYONE???
PETROCHEMICAL INDUSTRY ANYONE???
ENRON ANYONE?????
cheerleaders in the background cheering
NOBODY CAN STEAL LIKE WHITIE CAN...IF HE CAN'T DO IT NOBODY CAN
BEING BLACK ANYONE??
ROBBING CARS AND PEOPLE FOR MONEY THEN GETTING A LARGE STREAM IF INCOME??
(black peple in the background playing rap music)
NOBODY CAN STEAL LIKE A BLACK CAN
THEY STEAL BIKES, KIDS TOYS DIAPERS, ALCOHOL, CHITLINS
YOU SEE BLACKS DID NOT GO TO SCHOOL, SO YOU KNOW THE OLD SAYING "GIVE A DOG A BONE"
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Most people do not invest in the future., They live for the day. That is how most people live. They do not think about saving money for the future. Not saying I made anything close to what this guy made but i have made quite a bit of money in my past and I didn't save shit for my future. But I lived like a king till I was unable to make money physically anymore. Now, I have to count on my brains which has made me fat and sloppy. I do have a good inheritance coming but not until my last uncle dies. So, everyday I think about my future and I will be saving and investing in it and making sure my kids have nothing to worry about and a few generations after that.
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Yeah but Keith I thought back in the day you invested your money with a fund manager or something and it was blew to shit? It was a few years ago you talked about it, can't remember specifics.
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Black people cant handle money because they never had it before and never knew anyone who had it or never had a relative who had some..
There is a LOT of truth in your statement.
Signed,
Black guy who invests his disposable income instead of buying 'rims'
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I don't think it is just blacks, but a curse of all poor people. If you grow up not having anything you start to base your life on the materialistic goods that you don't have. This becomes your model for sucess when it should be something like education. Thus when this people fall into money they spend it to show they are successful. They have no clue how to save, or realistically how much money they will need to live their entire life at a certain attainable level. Hence the boats, houses, bling, etc.
It is a harder thing to learn than you think. I grew up poor and when I finally started having "okay" money I blew alot on frivoulous stuff, than 2 years later got laid off of my job without a penny in the bank.
I learned the hard way. But at least I learned.
A hard lesson indeed, but you've got the knowledge now and not only will you not make those mistakes again, but you're also sharing the gospel with those around you. Good on you, mate.
I work my butt off, but by setting some things in motion years ago and by making one brilliant investment, I now can afford to live a very comfortable life. Once things were rolling, I went out and bought myself a new truck. My car was 11 years old and with snowboarding season coming, I needed a 4-wheel drive.
I bought more house than we needed, but I got a 3200sf place for less than 2000sf homes were selling for just 2 years before I bought. My neighbors with similar homes all paid $250-300K more than I did.
Now, my home has no (what people call) 'upgrades'. No fancy cabinets, countertops, or flooring. The furniture is of decent quality, but comes from the clearance sections.
I have to replace my front-door latch. The one I got from Lowe's didn't fit the holes that were already drilled and Home Depot didn't have a decent selection. You see, I'm very fine with 'basic', but not my wife. So, we had to go to The Home Expo, which is the fancy version of Home Depot. The whole store is set up like a model home and the moment we walked in, she began spending - "I want this, I want that. What do you think of this? They're better than the curtains we have at home now. I hate our curtains, they're boring" etc., etc.
All she wants is to let people know she's got money. But here's the catch - SHE DOESN'T. I told her that, for the most part, any money that's on 'display' is money lost. I firmly believe in owning and maintaining a good home in a good location, but that's because real estate is the only thing that will appreciate in value. But that's real estate, not the $400 curtains she wants to put in it.
As long as people who suddenly have money continue to behave as though they've ALWAYS had lots of it, they'll never have anything and will end up broke and trying to live off their kids.
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How the Hell does this happen.
You can take the negro out of the ghetto, but you can't take the ghetto out of the negro...
SUCKMYMUSCLE
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most of the guys that have played in the NBA are doing pretty good, just because a few dumb fuck go broke you cant pick on a whole race, most nba players have side businesses, dont let the media fool you, sure latrell sprewell, vin baker, holyfield have had to foreclose, they should do a report on broke white ex NFL players.
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You can take the negro out of the ghetto, but you can't take the ghetto out of the negro...
SUCKMYMUSCLE
that is the same logic that says every person from the middle east (non jew) is a terrorist/suicide bomber.
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every person from the middle east (non jew) is a terrorist/suicide bomber.
I think you are on to something Red Hook.
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The perceived over-industriousness and intelligence of asians is fallacy.
Go to any casino, asians bring briefcases full of money and lose it at the craps tables.
they smoke worse than anybody=stupid
yet the statistics showing them having higher levels of education and per capita income are concrete. But I don't expect anything better from you; I mean you seem to love making generalizations over your morphine deluded perception of the world. Like you determining they have poor habits because you saw them in some shitty casino.
Most of these athletes are of low intelligence which translates into not being able to handle money. I think it's safe to say finance ability is correlated according to race.
Oh, and Oprah and Jay-Z = exceptions. I'm taking about the general populations.
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Most of these athletes are of low intelligence which translates into not being able to handle money. I think it's safe to say finance ability is correlated according to race.
Bingo! At least they stimulate the economy with their spending :D ;D
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yet the statistics showing them having higher levels of education and per capita income are concrete. But I don't expect anything better from you; I mean you seem to love making generalizations over your morphine deluded perception of the world. Like you determining they have poor habits because you saw them in some shitty casino.
Most of these athletes are of low intelligence which translates into not being able to handle money. I think it's safe to say finance ability is correlated according to race.
Oh, and Oprah and Jay-Z = exceptions. I'm taking about the general populations.
Chris rock said it best
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Yeah but Keith I thought back in the day you invested your money with a fund manager or something and it was blew to shit? It was a few years ago you talked about it, can't remember specifics.
I never really invested in anything. I wanted to in a particular penny stock called Nastech pharmaceuticals. Could have made millions on that one. That is really the only one I blew but didn't lose any actual money. Purely Hawaiian lost me maybe $100,000 of my own money maybe but lost potentially tens of millions. Also the other gym I was doing in the early 90's was a big thing. I basically just lived good and made sure my girlfriend and kid was set at the time. I traveled a lot too and always stayed in nice hotels. Even when I went to LA instead of staying with friends I always stayed at the Ramada Renaissance at LAX. I spent my money because I always thought I was going to always have it coming in.
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that is the same logic that says every person from the middle east (non jew) is a terrorist/suicide bomber.
Your point is made irrelevant by the fact that the blacks that excel at sports are often the kind of blacks that come from the ghetto, and are not the scions of middle-class blacks.
SUCKMYMUSCLE
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The perceived over-industriousness and intelligence of asians is fallacy.
Go to any casino, asians bring briefcases full of money and lose it at the craps tables.
they smoke worse than anybody=stupid
I wouldn't necessarily call it a fallacy, as most stereotypes are based at least in part on some truth. Are all asians going to be good with money and work hard? Obviously not. But many many do, and statistically they are better in math in general than other races.
As far as the gambling thing goes Moosey, I think you're right! I don't know any asian who doesn't love to gamble!! I might go to the casino tonight! :D
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It has to do with the money managers that these idiots entrust their finances to. Most of these high flying rockstar sportsmen/musicians/actors etc don't balance their own books or track their finances. They hire people to manage the money details and more often than not make investments on their behalf. There are a lot of scam artists who will make "clever" investments that go nowhere while telling their boss that their money is doing just fine. Eventually once the money runs the "rockstar" will be baffled because he's been led to believe that he still rich.
The entourage and the other "friends" will take their cut as long as the guy is still financially well off but once the money stops flowing they'll move on to the next big thing while their "donor" is saddled with huge debts and will end up declaring bankruptcy
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NO THAT'S NOT IT...
YOU SEE THESE BLACK ATHLETES HAVE NEVER HAD WHITE ACCOUNTANTS IN THEIR LIVES AND YOU KNOW THE STORY...THERE IS NO THEIF LIKE A WHITE THIEF...
S&L SCANDAL ANYONE???
CORPORATE SCANDAL ANYONE????
REAL ESTATE MELTDOWN ANYONE?????
PENTAGON LOSING 5 TRILLION DOLLARS ANYONE???
IRAQ WAR AND THREE TRILLION WASTED ANYONE???
PETROCHEMICAL INDUSTRY ANYONE???
ENRON ANYONE?????
cheerleaders in the background cheering
NOBODY CAN STEAL LIKE WHITIE CAN...IF HE CAN'T DO IT NOBODY CAN
Wait, so there are ZERO blacks working at any of these companies? No blacks Realestate Agents? Loan Officers? No blacks working in the Defense Industry or the Pentagon? No blacks working in the S & L sector? Or how about working in the upper levels in the major banks and capital markets?
You pretty much blamed the white man again....how predictable. But the funny thing is, at the same time you pretty much admitted that blacks aren't smart enough for these "schemes" and aren't capable of serving in high level positions.
Oh, and MELTDOWN.
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:(
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Racism is epic in getbig..
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What's Scottie' Pippen's story?
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What's Scottie' Pippen's story?
i think he just signed a stupid deal when he was playing, he came from a real broke family, so any contract with 6 zeros on it was fine by him, but he no option out, so he couldnt opt out for more $$ plus he had jordan on his team for most his career, Jordan takes up alot of cap space.
also i think he invested in aeroplanes or someshit, it flopped
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Sounds like some bad investments.
It's impossible to drink away 100 mill.
Did this cat throw huge expensive parties every weekend / buy boats to all his friends / use coke?
Worse, he married a white woman.
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A lot of these guys just don't or can't see the end of the well...add that to the fact that MOST of them don't hire the right people to protect them from inevitable financial collapse post-retirement and the money and endorsements aren't as forthcoming.
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The perceived over-industriousness and intelligence of asians is fallacy.
Go to any casino, asians bring briefcases full of money and lose it at the craps tables.
they smoke worse than anybody=stupid
Only in th movies. They establish a LOC with the casino with DD. You rarely see green cash flying around anymore.
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Black people cant handle money because they never had it before and never knew anyone who had it or never had a relative who had some..
bada bing....spoken for truth
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Meh, Baker NEVER played hard or had any real passion for the game. Seems like he said " well I'm super tall, what the hell else am I going to do for a living?" No drive and I think he was a drunkard at one time or another ;D
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Racism is epic in getbig..
Word. But a lot of it is ENVY for what we got ;)
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Word. But a lot of it is ENVY for what we got ;)
for sure..closet racists on getbig...yes there are many...i agree with the sentiment that we havent had millions before and therefore the decisions we make when we get a million dollars are different and many times wrong...but its not a race thing per se...because anyone with a generational background of just being broke would have bad decisions when a million dollars is plopped in their laps...it just happens to be that most blacks in america have come from such a background..
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i agree with the sentiment that we havent had millions before and therefore the decisions we make when we get a million dollars are different and many times wrong...but its not a race thing per se...because anyone with a generational background of just being broke would have bad decisions when a million dollars is plopped in their laps...it just happens to be that most blacks in america have come from such a background..
Exactly.
Too many of us look at money as something to be spent, because we're so desperate to prove that we've arrived.
One thing my family taught me years ago, though, is this: "If it's on your ass, then it's not an asset."
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One thing my family taught me years ago, though, is this: "If it's on your ass, then it's not an asset."
what does that mean
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Exactly.
Too many of us look at money as something to be spent, because we're so desperate to prove that we've arrived.
One thing my family taught me years ago, though, is this: "If it's on your ass, then it's not an asset."
I LIKE THAT
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Only in th movies. They establish a LOC with the casino with DD. You rarely see green cash flying around anymore.
I was speaking metaphorically
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what does that mean
Ask Goodrum he would know.
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what does that mean
Are you a young black male, by any chance?? :)
Poor people in Black ghettos are often obsessed with not looking poor and will go to great lengths to ensure that their kids are 'dressed' nicely.
I grew up in a place where I routinely saw brothas who were barely employed driving around in cars that were nicer than anything my family drove. I wasn't envious as I've never cared about having a 'nice car' myself, but I did notice it.
But clothes and cars - things which attach to one's ass - will never go up in value. Yes, there are classic cars, I know, but not in the 'hood. So much money that could be used to build wealth is instead spent on things which drop in value with each passing day.
It's only been in recent times that we've seen a large number of black clothing designers (many of whom do in-house manufacturing) and there are NO black-owned automakers.
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Are you a young black male, by any chance?? :)
Poor people in Black ghettos are often obsessed with not looking poor and will go to great lengths to ensure that their kids are 'dressed' nicely.
I grew up in a place where I routinely saw brothas who were barely employed driving around in cars that were nicer than anything my family drove. I wasn't envious as I've never cared about having a 'nice car' myself, but I did notice it.
But clothes and cars - things which attach to one's ass - will never go up in value. Yes, there are classic cars, I know, but not in the 'hood. So much money that could be used to build wealth is instead spent on things which drop in value with each passing day.
It's only been in recent times that we've seen a large number of black clothing designers (many of whom do in-house manufacturing) and there are NO black-owned automakers.
Same thing goes for us South East Asians Tre, I swear at least 85% of the lao community where I am from will work 80 hrs a week at some shit factory just so they can drive a lexus and live in a nice house that they can barely afford just to show they "made it" in America. It's really pathetic, and almost none of them even think about getting an education.
I guess I'm lucky that my mother was irish with a good education, my dad is from laos and was forced to work in one of these factories, so working hard was most important to him. My mom however made sure me and my sister went to college instead of ending up in the hood for the rest of our lives like all the other people I grew up around.
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Bodybuilding is such a small community and this board is even smaller... It only makes me wonder how many racists there are in the rest of the world since its so prevalent here. There is a TV show about the lottery winners where they all ended up broke or dead. None were black. Watch CNBCs American Greed. Great show and mostly white.
Most everyone changes with money and the temptations VERY strong to spend and live that life that you always dreamed of. Its compounded if you grew up with little regardless of your nationality. Some people dream bigger than others. Quite simple to understand if you have an open mind. Racists dont...
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Getbig is drenched in racists
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...Vin Baker, who made in excess of 100 million in his NBA career, just had his house foreclosed on in Durham, CT.
How the Hell does this happen.
Others who are broke, like Scottie Pippen, unbelievable.
Just becasue you have your house forecloses doesnt mean you are broke.. means you stopped making payments... if you cant sell it... fuck it...
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Just becasue you have your house forecloses doesnt mean you are broke.. means you stopped making payments... if you cant sell it... fuck it...
exactly!
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The vast majority of people who stop making payments are people who are broke or heading quickly in that direction.
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Getbig is drenched in racists
::) ::) ::) ::) ::) ::) ::) ::) ::) ::) ::) ::)
Making observations based on facts and experience isn't racism. Stop being a fucking whiner.
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::) ::) ::) ::) ::) ::) ::) ::) ::) ::) ::) ::)
Making observations based on facts and experience isn't racism. Stop being a fucking whiner.
Meltdown
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Meltdown
Nice try douche-bag!
Epic "Not Being Smart Enough to Reply with Facts and a Proper Argument" Meltdown.
So sad. :-\
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Nice try douche-bag!
Epic "Not Being Smart Enough to Reply with Facts and a Proper Argument" Meltdown.
So sad. :-\
meltdown