I thought we should start a mega thread since there will probably be a lot of this happening.

[COLOR=Red]Steven L Good[/COLOR], Illinois real estate mogul

[URL]http://www.cnn.com/2009/US/01/07/illinois.realestate.death/index.html[/URL]

[COLOR=Red]Adolf Merckle[/COLOR], Billionaire investor in Volkswagen(Even Big three guys aren't Jumping)

[URL]http://www.cbsnews.com/stories/2009/01/06/business/main4702925.shtml[/URL]

[COLOR=Red]Kirk Stephenson[/COLOR], Olivant

[COLOR=Red]Rene-Thierry Magon de la Villehuchet[/COLOR], Madoff Scandal

Re: Economic Suicides Megathread

CFO of Freddie Mac Just a few hours ago. Hung himself.

[URL]http://abcnews.go.com/Business/story?id=7399376&page=1[/URL]

Re: Economic Suicides Megathread

The Economic Suicides would be a good name for a rock band.

Re: Economic Suicides Megathread

[QUOTE]Google Trends shows a significant increase in the amount of searches for 'how to commit suicide' and a frightening crescendo for 'suicide methods' since the middle of 2008. Both search terms are still getting more popular.[/QUOTE]

[URL]http://www.thefirstpost.co.uk/46254,features,high-profile-credit-crunch-suicides-are-tip-of-iceberg[/URL]

Re: Economic Suicides Megathread

I think the worse suicides from the current economy are the people who don't want to go alone, so they either kill their entire family or go to a public place and take people out before offing themselves. A bit of a shame since they should just kill themselves and let the other people live. It is beyond me to conceive the notion that someone because they failed have to take out their entire family.

Re: Economic Suicides Megathread

Unfortunate its not just CEO and CFO that are committing suicide but the rise of family murder suicides that are up also do to tough economic times. This is a rather sad topic to discuss in light because it is sad when people (families) think the only way out is through death and we all been touch my someone who has.

Re: Economic Suicides Megathread

I thought the title of the thread was rather insensitive - "Economic Suicide [U]Megathread[/U]"

Re: Economic Suicides Megathread

insensitive?? Get with the times guys. Throw the politically correct shit out the window. The economy is crashing and a lot of people are killing themselves. On a brighter note the sun will come up tomorrow and I will type some more reality on here...

Re: Economic Suicides Megathread

[quote=runningman;739231]insensitive?? Get with the times guys. Throw the politically correct shit out the window. The economy is crashing and a lot of people are killing themselves. On a brighter note the sun will come up tomorrow and I will type some more reality on here...[/quote] You're touching yourself as you write this stuff, aren't you :lol:

Re: Economic Suicides Megathread

Its not about "getting with the times" or "politically correct shit". Regardless of who did what wrong, people are dying and families are losing their loved ones. It's at this point that money becomes so irrelevant (to me) that I wouldn't wanna start a "megathread" of death and attribute the "bad economy" as an acceptable reason to candidly talk about it.

Re: Economic Suicides Megathread

I am appalled by some of the comments made lately about me. Let me make this perfectly clear.

I AM NOT A MONSTER!!

So to post that I am some how excited about all this is a crock if shit. But the facts are the facts. This isn't brave new world where I can just take my Soma and forget that good people are killing themselves over the economy. Let me also be clear

THIS IS REALITY!!!!! Not fairy tale land.

So to turn a blind eye and say it is insensitive is bull, save your enthusiasm for the bankers and politicians when the civil unrest becomes out of control. (Oh right I am sooo excited for this)

I think it is insensitive to kick families out of homes. I think it is insensitive to rob the US blind and make the tax payers fell like they have no where to go but death.

Kamal money NEVER becomes irrelevant. Money is what is the driving force behind every decision a human being makes including death.

Re: Economic Suicides Megathread

Furthermore I have had a half dozen friends commit suicide so don't paint me as someone who doesn't know about suicides. But you have to be free to talk about it in the open to understand it.

Re: Economic Suicides Megathread

[QUOTE=runningman;739251] I AM NOT A MONSTER!! .[/QUOTE]

"Methinks thou protesteth too much."

Re: Economic Suicides Megathread

innocent families, yes that's tragic.

guilty executives who willingly ran their companies into the ground, destroying thousands of lives in the process. fuck em.

Re: Economic Suicides Megathread

[quote=runningman;739251]Kamal money NEVER becomes irrelevant. Money is what is the driving force behind every decision a human being makes including death.[/quote]

mate I'm not calling you a monster, I just dont think a "death megathread" is apt. You had your opinion and right what to label your thread and what to post in it. I didn't change the label did I? You and everyone on [ms] have the freedom to express what they think and feel in a matter best suited to them.........and I'm here expressing mine.

For me, money IS irrelevant. It's only as important as you MAKE it in your life. I'm from a different background and different culture. While I do recognize the basic importance of money in this world, I do have certain opinions about how important you can let it become for you.

Try explaining capitalism to the poor people who live the world over. They do not have the electronics, gadgets, suburban houses, fancy cars and middle-class lifestyles that the Western World revels in, but you must realize that what you don't know doesn't affect you. And to the millions who live out there, on wages of less than $30/Month, this global meltdown and greed doesn't matter.

And having personally seen lifestyles like that, I have a part of me that accepts and appreciate the lesser importance of money in one's life and the greater importance on a lot of other moral and interpersonal relations that we as humans share. Yes it does seem rather spiritualistic and philosophical, but that IS a way of life for millions on this planet.

I've lost a ton of friends too and I'm not saying you're insensitive about death, just insensitive about how you have chosen to categorize cumulative deaths in a forum whereby the only 2 other "megathreads" that I/we know of are the rocking boobage thread and the nonsense thread.

Re: Economic Suicides Megathread

[QUOTE=runningman;739251]I am appalled by some of the comments made lately about me. Let me make this perfectly clear.

I AM NOT A MONSTER!![/QUOTE]

For the record, I am well aware that you are not a monster. I think what you're seeing, though, is all of your doom and gloom posts over the last few months coming home to roost. When every thread you start is pointing out some past, present or future catastrophe, you can't be surprised when people start flipping you shit suggesting you're a fan of human suffering. If it walks like a duck and quacks like a duck, people are going to assume it's a duck, and lately you've been walking and quacking like someone that likes to hang around the train tracks in the hopes of a crash.

I'm honestly not saying this to be mean, just want you to know where these posts are likely coming from. FFS, man, look back at your last 100 or so posts in this section. If I took all of that to heart, I wouldn't leave the house. Post some pictures of bunnies or something for a change, and maybe we'll get off your back.

Re: Economic Suicides Megathread

[quote=runningman;739251] THIS IS REALITY!!!!! Not fairy tale land.[/quote] thanks for that tip! :) we weren't sure.

Re: Economic Suicides Megathread

The family that was killed by their father just north of Baltimore is truly a sad story. His daughters and wife didn't deserve what he did to them. I went to grad school at Loyola (a small private Jesuit colege) where the oldest daughter was a sophomore and still can't believe something like that would happen to any student who attends that school.

[url]http://www.baltimoresun.com/news/local/baltimore_county/bal-hotel-deaths0422,0,6796565.story[/url]

Re: Economic Suicides Megathread

[quote=runningman;739251]I think it is insensitive to kick families out of homes. [/quote]

it may be insensitive but they are the morons who agreed to that mortgage. if they cant pay it, then they either need to refinance.... oh wait.. credit card debt, again.. MORONIC or sell their house that they didnt deserve in the first place, and get an apartment or something that they can afford.

we should not reward stupidity.

Re: Economic Suicides Megathread

true. I am not saying give free handouts to stupid people either. I am just very frustrated with the decisions of both Bush and Obama. I wish this mess was over with(Captain Obvious)

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i think the incentive comments are more towards the innocent ones who get killed. such as the family in Baltimore. They were murdered for Christ sake.

But as for the failed father that murders his family and then kills himself, that is a different story. Still cant understand why people would do this.

Re: Economic Suicides Megathread

[QUOTE=ddr;739353] morons who agreed to that mortgage. if they cant pay it, then they either need to refinance.... oh wait.. credit card debt, again.. MORONIC or sell their house that they didnt deserve in the first place, and get an apartment or something that they can afford.[/QUOTE]

exactly!

Re: Economic Suicides Megathread

[quote=ddr;739353]it may be insensitive but they are the morons who agreed to that mortgage. if they cant pay it, then they either need to refinance.... oh wait.. credit card debt, again.. MORONIC or sell their house that they didnt deserve in the first place, and get an apartment or something that they can afford.

we should not reward stupidity.[/quote]

I agree, although I would point out that it probably isn't fair to lump everyone into this same group. There are people that bought more home than they could afford using loans with teaser rates, balloon payments, adjustable rates, etc., and as long as they were fully advised of what they were doing at the time they made the loan, I don't feel a lot of sympathy for them -- especially those teaser rates, where you KNOW the rate is jumping to an obnoxious number within a year. These people are engaged in a Sissyphean task, and bailing them out to keep them in their homes just prolongs the inevitable and rewards short-sightedness.

I do feel a bit more sympathy, however, for people that made perfectly reasonable economic decisions but have just been hit by this economic downturn -- lost jobs, plunging home values, etc. For these folks, the problem is more transitory in nature, and assuming the economy picks back up and jobs return, giving them a little bit of relief now could actually do some good in the long run. If you're a hard working person who can't make your mortgage payments on account of losing your job, I don't know that it does the banks, communities, or really anyone any service to toss you out on your ass as long as you're making an effort, at least for some reasonable period of time.

There is a limit to this, of course, and at some point, good intentions are no longer sufficient and you've got to foreclose on a property no matter what. The reality, however, is that foreclosing on properties hurts more than just the person losing his home. Every time a home sells for less than it should, it drives down the value of the other homes in the community -- and then the bank has to figure out a way to absorb that loss, and you better believe it will be passed back to consumers. If there's a way to forestall that temporarily by deferring payments or accepting smaller amounts in the short term, I'm all for it.

Re: Economic Suicides Megathread

^along a similar vein, I would add that our society in general needs to be better stewards of our money, more mindful of how we spend and not perpetuate greed and excess by buying things on credit.

If you had talked to older generations years ago during the real estate boom, you would hear them talk about how inflated the prices were and how it would not last. Many of these same individuals from our grandparents generation also only buy things with cash because their parents were raised during the great depression and know what bread lines are like.

I am sympathetic, but younger adults need to [B][I][U]listen[/U][/I][/B] to older generations more, evidently. But of course hindsight is always 20-20.

Re: Economic Suicides Megathread

Hmmm...I think its a societal phenomena... buy the "newer, bigger, better" piece of shit to replace the old piece of shit. I for one would NEVER take out a loan or a credit card for a day to day purchase. IMO the only reason someone can justify borrowing money is to make money not to buy a fucking car or a speed boat or whatever. . .

I know most of you have done that but its something I will most likely never do.

Re: Economic Suicides Megathread

[quote=Shpira;739683]Hmmm...I think its a societal phenomena... buy the "newer, bigger, better" piece of shit to replace the old piece of shit. I for one would NEVER take out a loan or a credit card for a day to day purchase. IMO the only reason someone can justify borrowing money is to make money not to buy a fucking car or a speed boat or whatever. . .

I know most of you have done that but its something I will most likely never do.[/quote] Then either you are a millionaire already or you never plan to buy a house in your life...cuz even modest homes generally cost more than you can fork over from your pocket.

Re: Economic Suicides Megathread

Ahm, ahm...the first one :) Anyway...buying a home is an investment generally...while buying a car or a jet ski is not.

Re: Economic Suicides Megathread

[quote=Shpira;739761]Ahm, ahm...the first one :) Anyway...buying a home is an investment generally...while buying a car or a jet ski is not.[/quote] must be nice. My point was just that for those of us who aren't, [I]some[/I] kinds of debt are necessary and appropriate at certain times in most of our lives.

Re: Economic Suicides Megathread

trust fund babies in the hizzle :Homer:

Re: Economic Suicides Megathread

[quote=Miroslav;739782]must be nice. My point was just that for those of us who aren't, [I]some[/I] kinds of debt are necessary and appropriate at certain times in most of our lives.[/quote]

yeah I agree...like house, education etc...but luxuries are not a good reason to go into debt IMO

Re: Economic Suicides Megathread

the stingiest people I know, and I mean add water to the empty ketchup bottle and shake it up to get the last watered down bit out stingy, are also the wealthiest people I know personally (by wealthy i mean $100's of millions in the bank)

anyway, food for thought.

Re: Economic Suicides Megathread

[quote=floridaorange;739847]the stingiest people I know, and I mean add water to the empty ketchup bottle and shake it up to get the last watered down bit out stingy, are also the wealthiest people I know personally (by wealthy i mean $100's of millions in the bank)

anyway, food for thought.[/quote] the wealthy people I've known have their own jets. :lol:

Re: Economic Suicides Megathread

you've known? they may not have owned them (or maybe they did)

My post was more along the lines of our grandparents generation. You know very modest, like Warren Buffet, living in a small home, not flashy. Stingy was the wrong word.

Re: Economic Suicides Megathread

[quote=Shpira;739761]Ahm, ahm...the first one :)[/quote]

Party at Shpira's

:glowsticks::partypeople::beat::Acidbanana:

Re: Economic Suicides Megathread

Well I personally am not a millionaire but in property my close family owns more than a couple of million thats for sure...over time it accumulated. Thats what I mean by investing rather than spending on luxuries...my family would have had even more but when the communists came to power in Serbia they confiscated a lot of the art work, land and other valuable property. So my familly lost a hotel and about 30 paintings by famous artists which are now in museums...we also lost about 5 square miles of land which is now a town...so there is little hope of claiming it back.

Re: Economic Suicides Megathread

[quote=Shpira;740054]Well I personally am not a millionaire but in property my close family owns more than a couple of million thats for sure...over time it accumulated. Thats what I mean by investing rather than spending on luxuries...my family would have had even more but when the communists came to power in Serbia they confiscated a lot of the art work, land and other valuable property. So my familly lost a hotel and about 30 paintings by famous artists which are now in museums...we also lost about 5 square miles of land which is now a town...so there is little hope of claiming it back.[/quote]

never would have thought that since most of your posts are anticapitalism

Re: Economic Suicides Megathread

That has nothing to do with it...my political convictions are completely unrelated to personal gain. I think what I think because I believe it to be right not because I would benefit from it.

Although it often makes me wonder about the viability of my political convictions. If I had it my way I would loose out and I am prepared to give up what I have for the benefit of society yet those who have less and would stand to gain are IMO too narrow minded to see that they are in fact slaves to capital. It is a paradox of our society. That often makes me wonder do I really want to place myself in a position to fight for those who do not want my help and will not appreciate it? Furthermore I am very cynical about any prospects of change since I believe that the so called "human nature" (which IMO is a by product of the society we live in) is not at all in line with my political convictions.

So I will probably become a part of the problem rather than a part of the solution...accumulating wealth through the elitist system which I am born into i.e. through my friends which I made in private schools and family acquaintances who have a simmilar financial status to me and my family. I am not a happy bunny but I see no real change on the horizon.

Re: Economic Suicides Megathread

Anyway this is not here or there...this thread is about economic suicides and while my family's businesses are experiencing difficulties I doubt anyone will kill themselves any time soon.

Re: Economic Suicides Megathread

Is a little bit sad read this thread but fellas, here in Argentina this kind of economics disasters happens every 10 years.. Believe it or not, things will be better soon.. The entire world depends on your beatifull country