I admit I am a news hound. I read everything. Today that isn’t such a good idea as you can get depressed quick. I do get a chuckle though every once in a while when I see how the media treats the economy and how people are faring though it. Here is an article I read this morning on Cnn.com.

Man it is funny what some people think of as being rich! Read this guys article. He said he is humbled now having to ask for a job. He was once this rich guy driving expensive cars and wearing expensive suits.

“It took a lot for me to put that ad on Craigslist, because I had to change what I was before,” he said, breaking down in tears. “I wasn’t this rich little yuppie anymore, driving expensive cars, having expensive suits. I’m in this just like everybody else looking for work. It humbles you. This is real.”

So he lost his job and said he as rich. It said after 4 months of looking for a job, he moved in with his mother. Now if you were rich, would you only be able to last 4 months without income? This shows how people are living on credit and beyond their means. Then the article goes on to say he made a whopping 70,000 a year! Thats it! Now that isn’t a bad income but you can’t live in a fancy house, drive fancy cars and take expensive vacations, making that. That today is considered a modest income. The news is just putting too many of these types of articles up and wanting people to feel sorry for them. I don’t fell sorry for this guy at all! He was probably living like someone making 250,000 a year on a 70,000 income. He will be fist in line for some government assistance.

I feel sorry for people who save and lived within their means and now are losing their 401k retirement accounts because of the decline. I feel sorry for older people feeling the pinch every day. I feel sorry for kids who won’t be able to afford to go to college now. I can go on and on. This guy though, I don’t feel sorry for.

http://www.cnn.com/2009/LIVING/03/12/craigslist.economy/index.html