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this just in - Jose Canseco is an idiot

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Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

this just in - Jose Canseco is an idiot

Canseco's Mansion Foreclosed

Sorry -- but with $17 million, he could have hired a financial planner that would have set him and his family up for life with passive income taxed far below 41%.

Regardless, I assume this man had some sort of financial planner. Did he not know he had options other to just walk away and do nothing? Talk to the bank? Short sale?

I understand how people get themselves into situations where they cannot afford their mortgages - BUT there are options other than walking away.

He's not an idiot b/c he got into financial trouble -- he's an idiot b/c he made a horrible and seemingly conscious decision to simply stop paying his mortgage b/c it didn't make sense.

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ETA quotes from the article:

"I do have a judgment on my home and it to me is very strange because it didn't make financial sense for me to keep paying a mortgage on a home that was basically owned by someone else," he said in an interview that aired Thursday.



"Like I said, my situation was a little more different than most. I decided to just let it (the house) go, but in most cases and most families, they have nowhere else to go."


Message edited 5/2/2008 8:19:17 AM.

Posted 5/2/08 8:13 AM
 
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HeathKernandez
Our Ron is an awesome Ron

Member since 4/07

9091 total posts

Name:
baby fish mouth

Re: this just in - Jose Canseco is an idiot

I'm going to stop paying my cable bill b/c it NEVER makes sense to me.

Posted 5/2/08 8:19 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: this just in - Jose Canseco is an idiot

he's been an idiot. He's also a sh!t stirrer.

I'm going to stop paying my car lease too.

Posted 5/2/08 8:23 AM
 

headoverheels
s'il vous plaît

Member since 6/07

42079 total posts

Name:
LB

Re: this just in - Jose Canseco is an idiot

wait - you mean it wasn't okay to stop paying my rent? i really thought all the surcharges were unfair, you know, like heat, and i don't own my home, so i figured no one would notice.


























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in my book, he is right up there with keith hernandez. both morons.

Posted 5/2/08 8:48 AM
 
 

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