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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"
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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.
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.
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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
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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.
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Posted 5/2/08 8:19 AM |
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Blu-ize
Plan B is Now Plan A

Member since 7/05 32475 total posts
Name: Susan
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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.
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Posted 5/2/08 8:23 AM |
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headoverheels
s'il vous plaît

Member since 6/07 42079 total posts
Name: LB
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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.

in my book, he is right up there with keith hernandez. both morons.
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Posted 5/2/08 8:48 AM |
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