Sunday, January 18, 2009

Sarcasm's Bull Market Continues

North Idaho home foreclosures hit record

"I could get one loan to buy four new homes in an area that was thriving," Krebs said.

Good grief. It isn't like you invested $2 million and watched the whole thing collapse like a house of cards though.

"I had $2 million invested and it collapsed like a deck of cards."

Good grief. Spiritual faith-based values would have never gotten you into this mess. You'd have been better served realizing that $2 million represents financial independence and instead used some of that money to wipe out middle-class poverty.

She said she became involved with the Marshall Reddick Real Estate Network, which describes itself as an "educational and purchasing system based on spiritual values" to help participants "achieve financial independence through real estate" with a goal to "wipe out middle-class poverty."

Good grief. I didn't see that one coming. What on earth did you need to retire? $2,000,000 would represent 20 years of $100,000 savings. What more did you want? Income that's only good on paper?

"I thought I could retire," she said. "I had $100,000 a year income, but it was only on paper."

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