[HarryBosch]

Before everyone goes out and gets stoned thinking about a laid back California dont forget that not everyone shares your dream of utopia.

The Iranians would be more than happy to see a dope head America. Yeah, the Iranians would love to light us up with some of their new nuclear toys.

[HarryBosch]

A lot of distaste for the “rich” on this board. I can only offer one personal experience.

I was screwed out of about $120,000 to $400,000 depending on the value of the particular stock today.

I used to work for a computer appliance startup several years ago. I was one of about 50 employees. I worked for them for two years. There were times when I worked three days straight with about 3 hours sleep one night and another 3 hours sleep the second night. I worked at least 60+ hours per week to help that company be successful. One day upper management began forcing about 16 of us out of the company. I had never had a black mark on my record from anywhere I have worked during the last 30 years.

Six months later the company announced they were being bought by a big fish. I had vested 80,000 shares of common stock. But the Board of Directors of the company I used to work for voted that common shareholders such as myself and the other 15 ex-employees would get nothing, ZERO, from the buyout deal. The BofD voted that only PREFERRED shareholders such as themselves would get paid anything. I exercised my option to buy my vested shares right before I left the company.

I helped those assholes. They were already rich. They just didn’t want anyone else to move up the ladder with them. Those are the only rich people I know. Bunch of scumbags.

[HarryBosch]

A lot of distaste for the “rich” on this board. I can only offer one personal experience.

I was screwed out of about $120,000 to $400,000 depending on the value of the particular stock today.

I used to work for a computer appliance startup several years ago. I was one of about 50 employees. I worked for them for two years. There were times when I worked three days straight with about 3 hours sleep one night and another 3 hours sleep the second night. I worked at least 60+ hours per week to help that company be successful. One day upper management began forcing about 16 of us out of the company. I had never had a black mark on my record from anywhere I have worked during the last 30 years.

Six months later the company announced they were being bought by a big fish. I had vested 80,000 shares of common stock. But the Board of Directors of the company I used to work for voted that common shareholders such as myself and the other 15 ex-employees would get nothing, ZERO, from the buyout deal. The BofD voted that only PREFERRED shareholders such as themselves would get paid anything. I exercised my option to buy my vested shares right before I left the company.

I helped those assholes. They were already rich. They just didn’t want anyone else to move up the ladder with them. Those are the only rich people I know. Bunch of scumbags.

[HarryBosch]

A lot of distaste for the “rich” on this board. I can only offer one personal experience.

I was screwed out of about $120,000 to $400,000 depending on the value of the particular stock today.

I used to work for a computer appliance startup several years ago. I was one of about 50 employees. I worked for them for two years. There were times when I worked three days straight with about 3 hours sleep one night and another 3 hours sleep the second night. I worked at least 60+ hours per week to help that company be successful. One day upper management began forcing about 16 of us out of the company. I had never had a black mark on my record from anywhere I have worked during the last 30 years.

Six months later the company announced they were being bought by a big fish. I had vested 80,000 shares of common stock. But the Board of Directors of the company I used to work for voted that common shareholders such as myself and the other 15 ex-employees would get nothing, ZERO, from the buyout deal. The BofD voted that only PREFERRED shareholders such as themselves would get paid anything. I exercised my option to buy my vested shares right before I left the company.

I helped those assholes. They were already rich. They just didn’t want anyone else to move up the ladder with them. Those are the only rich people I know. Bunch of scumbags.

[HarryBosch]

A lot of distaste for the “rich” on this board. I can only offer one personal experience.

I was screwed out of about $120,000 to $400,000 depending on the value of the particular stock today.

I used to work for a computer appliance startup several years ago. I was one of about 50 employees. I worked for them for two years. There were times when I worked three days straight with about 3 hours sleep one night and another 3 hours sleep the second night. I worked at least 60+ hours per week to help that company be successful. One day upper management began forcing about 16 of us out of the company. I had never had a black mark on my record from anywhere I have worked during the last 30 years.

Six months later the company announced they were being bought by a big fish. I had vested 80,000 shares of common stock. But the Board of Directors of the company I used to work for voted that common shareholders such as myself and the other 15 ex-employees would get nothing, ZERO, from the buyout deal. The BofD voted that only PREFERRED shareholders such as themselves would get paid anything. I exercised my option to buy my vested shares right before I left the company.

I helped those assholes. They were already rich. They just didn’t want anyone else to move up the ladder with them. Those are the only rich people I know. Bunch of scumbags.

[HarryBosch]

A lot of distaste for the “rich” on this board. I can only offer one personal experience.

I was screwed out of about $120,000 to $400,000 depending on the value of the particular stock today.

I used to work for a computer appliance startup several years ago. I was one of about 50 employees. I worked for them for two years. There were times when I worked three days straight with about 3 hours sleep one night and another 3 hours sleep the second night. I worked at least 60+ hours per week to help that company be successful. One day upper management began forcing about 16 of us out of the company. I had never had a black mark on my record from anywhere I have worked during the last 30 years.

Six months later the company announced they were being bought by a big fish. I had vested 80,000 shares of common stock. But the Board of Directors of the company I used to work for voted that common shareholders such as myself and the other 15 ex-employees would get nothing, ZERO, from the buyout deal. The BofD voted that only PREFERRED shareholders such as themselves would get paid anything. I exercised my option to buy my vested shares right before I left the company.

I helped those assholes. They were already rich. They just didn’t want anyone else to move up the ladder with them. Those are the only rich people I know. Bunch of scumbags.

[HarryBosch]

It’s not far out to envision people’s FICO scores based on the type of mortgages they hold:
1. 15 year fixed with 20% down – higher FICO
2. 15 year fixed with 10% down – medium FICO
3. 30 year fixed with 20% down – lower FICO
.
.
.

[HarryBosch]

It’s not far out to envision people’s FICO scores based on the type of mortgages they hold:
1. 15 year fixed with 20% down – higher FICO
2. 15 year fixed with 10% down – medium FICO
3. 30 year fixed with 20% down – lower FICO
.
.
.

[HarryBosch]

It’s not far out to envision people’s FICO scores based on the type of mortgages they hold:
1. 15 year fixed with 20% down – higher FICO
2. 15 year fixed with 10% down – medium FICO
3. 30 year fixed with 20% down – lower FICO
.
.
.

[HarryBosch]

It’s not far out to envision people’s FICO scores based on the type of mortgages they hold:
1. 15 year fixed with 20% down – higher FICO
2. 15 year fixed with 10% down – medium FICO
3. 30 year fixed with 20% down – lower FICO
.
.
.

[HarryBosch]

It’s not far out to envision people’s FICO scores based on the type of mortgages they hold:
1. 15 year fixed with 20% down – higher FICO
2. 15 year fixed with 10% down – medium FICO
3. 30 year fixed with 20% down – lower FICO
.
.
.

[HarryBosch]

I may not watch all the trends but one trend that I’ve noticed is the growing popularity of the Dave Ramsey philosophy. I’ve also been on his web site and been amongst those forum participants. I see more and more people getting on the bandwagon of paying their debts off 100%, paying off their mortgages and planning to buy a house with the least amount of borrowed money.

I think that your average citizen, middle class America, doesn’t want to finance the American dream anymore. With lending already tightened and people getting smarter about not wanting to be a slave to the lender I think that demand for credit in general is going to decrease. With that in mind people will not want to pay the recently ridiculous high prices for houses and will not want ridiculous mortgages in the 300’s and 400’s of thousands that we saw during the last 10-15 years. Prices will continue to drop.

This is a paradigm shifting of values in America. A realization that having money in the bank is more important than behaving as if you had money in the bank.

But this realization is important not because it is being realized by isolated individuals but that it is morphing into group-think, into a new (virtual) demographic with its own mantras for getting out and staying out of debt.

[HarryBosch]

I may not watch all the trends but one trend that I’ve noticed is the growing popularity of the Dave Ramsey philosophy. I’ve also been on his web site and been amongst those forum participants. I see more and more people getting on the bandwagon of paying their debts off 100%, paying off their mortgages and planning to buy a house with the least amount of borrowed money.

I think that your average citizen, middle class America, doesn’t want to finance the American dream anymore. With lending already tightened and people getting smarter about not wanting to be a slave to the lender I think that demand for credit in general is going to decrease. With that in mind people will not want to pay the recently ridiculous high prices for houses and will not want ridiculous mortgages in the 300’s and 400’s of thousands that we saw during the last 10-15 years. Prices will continue to drop.

This is a paradigm shifting of values in America. A realization that having money in the bank is more important than behaving as if you had money in the bank.

But this realization is important not because it is being realized by isolated individuals but that it is morphing into group-think, into a new (virtual) demographic with its own mantras for getting out and staying out of debt.

[HarryBosch]

I may not watch all the trends but one trend that I’ve noticed is the growing popularity of the Dave Ramsey philosophy. I’ve also been on his web site and been amongst those forum participants. I see more and more people getting on the bandwagon of paying their debts off 100%, paying off their mortgages and planning to buy a house with the least amount of borrowed money.

I think that your average citizen, middle class America, doesn’t want to finance the American dream anymore. With lending already tightened and people getting smarter about not wanting to be a slave to the lender I think that demand for credit in general is going to decrease. With that in mind people will not want to pay the recently ridiculous high prices for houses and will not want ridiculous mortgages in the 300’s and 400’s of thousands that we saw during the last 10-15 years. Prices will continue to drop.

This is a paradigm shifting of values in America. A realization that having money in the bank is more important than behaving as if you had money in the bank.

But this realization is important not because it is being realized by isolated individuals but that it is morphing into group-think, into a new (virtual) demographic with its own mantras for getting out and staying out of debt.

[HarryBosch]

I may not watch all the trends but one trend that I’ve noticed is the growing popularity of the Dave Ramsey philosophy. I’ve also been on his web site and been amongst those forum participants. I see more and more people getting on the bandwagon of paying their debts off 100%, paying off their mortgages and planning to buy a house with the least amount of borrowed money.

I think that your average citizen, middle class America, doesn’t want to finance the American dream anymore. With lending already tightened and people getting smarter about not wanting to be a slave to the lender I think that demand for credit in general is going to decrease. With that in mind people will not want to pay the recently ridiculous high prices for houses and will not want ridiculous mortgages in the 300’s and 400’s of thousands that we saw during the last 10-15 years. Prices will continue to drop.

This is a paradigm shifting of values in America. A realization that having money in the bank is more important than behaving as if you had money in the bank.

But this realization is important not because it is being realized by isolated individuals but that it is morphing into group-think, into a new (virtual) demographic with its own mantras for getting out and staying out of debt.

[Author]

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