Friday, October 12, 2012

Ummm, look Dad- "I'm broke"!!!!

I was sitting here thanking about how much it sucks to have bad credit. Shoot many folk just file bankruptcy and deal with what may come. I mean it is better than killing yourself cause of too much debt right? I feel in most cases good people just make bad finiaincal decedsions and risks that just don’t pan out. I mean you can’t take a dude from the ghetto and give him 20 million bucks and not expect him go crazy. Do you know how long it takes to save up to buy a 14k gold tooth pick and diamond hub caps mannnnn????? Peep the list of some people who had money and lost money…… Mark Twain following the wild success of his writing unsuccessfully invested in a typesetting machine and biography of Pope Leo XIII. Both were epic fails, and Twain was forced to file for bankruptcy in 1894. Even Abraham Lincoln, aka “Honest Abe,” honestly went broke and filed for bankruptcy two times in his life from several failed businesses, and loans from family and friends. They DO run a background check on potential presidents, right? Rap group Run DMC filed for bankruptcy in 1993. Who knew?! We’re glad to see America’s favorite post-Heathcliff Huxtable TV dad (Now it TI and TINY), Rev Run, is living good these days though-lol! Before Mickey Mouse and the Magic Kingdom, Walt Disney had Laugh-O-Gram. The businesses popularity led Disney to find a financial backer, and as luck would have it they went broke! But not even living in his studio and eating beans from a can could save the studio After appearing in a Los Angeles Bankruptcy Court in 1963 Dorothy Dandridge confessed to reports that her fortune was gone, and all she had left in her name was a leased car and a rented house. Ouch… After getting his start on the stage, Sherman Hemsley moved to television in the role of George Jefferson on All in the Family and its spin-off, The Jeffersons. Despite the enormous success of the latter, which ran for 11 seasons on CBS -- and the fact that he continued to work steadily on television after The Jeffersons ended -- Hemsley filed for Chapter 13 in June 1999. He died with $50,000 in the bank… Mike Tyson,The former undisputed heavyweight champion of the world filed for Chapter 11 in August 2003, after having received nearly $300 million in ring earnings. Tyson “spent extravagantly on mansions, Bentley cars, jewelry, and even pet Bengal tigers while buying gifts for his lavish entourage (total idiot) It happens I am Ward

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