They published more! Any FWers who submitted their stories make the cut?

Sob Stories from Irresponsible Adults held up by CNN as Heros

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Love quotes like this:

"I lost my job in September 2007. ... Of course I had several credit cards, a house payment, utilities and two car loans. I didn't know what I was going to do."

The answer.. sell the two cars? Stop spending money? Nope, raid the 401K for all its worth.

My brain is on fire!

The guy has a new job 18 days later...why in the world did he need to withdraw his entire 401K!? If you don't have enough to last 18 days, maybe dial back the 401K contributions to build up your EF first?

There is one true FWF person in the mix of sob stories
Here

dmlavigne1 said:There is one true FWF person in the mix of sob stories
HereDon't forget this one: "People have to place some blame on themselves and not just blame business and the government. People spend too much money, borrow too much and don't save for slow times or when an emergency comes up."

chocula said:We are absolutely disgusted by government fiscal policy which provides cheap money to investment banks.

gave up after reading that.

So i guess the banks should pay more than we do to borrow money and loan it to use at a lower rate?

He said "investment banks" and you talk about commercial banking? I believe the fed just changed the rules to allow investment banks to borrow directly from the Federal Reserve.

Investment banks are borrowing from Fed

You guys are heartless.

Looks like that first couple is going to have to cut back their ham spending.

I do like this one, though I wonder where exactly they were putting their savings:
http://money.cnn.com/galleries/2008/news/0803/gallery.real_stories/7.html

We are absolutely disgusted by government fiscal policy which provides cheap money to investment banks. The loose fiscal policy essentially robs savers and rewards people who borrow and speculate. Anyone with a pulse knows that the current housing fiasco is the result of loose fiscal policy and a complete failure to regulate fraudulent behavior of everyone in the real estate business, including the investment banks, realtors, appraisers and buyers.

Here's another good one from CNN under the same category:

You are working for gas now

"Going out to eat, going to the movies, you can't do stuff like that," says Carter, filling up his Firebird at a BP station in Camden, a quiet southern town 80 miles southwest of Montgomery. "You're working for gas now."

"(Carrie)Frye works at a factory in Selma, Ala., making lawn chair cushions. If she makes her production quota, she might bring in $329 a week. If not, it's $220. Either way, she says the $60 a week she now spends in gas comes out of money for food, the doctor, and buying clothes for her kids.

"I just hope they don't grow that fast," she says, filling her tank of her Jeep Cherokee at the Camden BP."

I am speechless...

Link

Life is pretty miserable when you have to constantly tell your children "NO" when they ask for something
Apparently they aren't telling them "NO" in the right way. That can be pretty fun.

Also this little tidbit:
We've lost our house and canceled our vehicle insurance.How much do you want to bet that they are still driving an uninsured car around?

And this one:

we packed up and moved to Alabama.
We purchased another home in Alabama
we were sure that our house in Three Rivers, MI would sell
Not only could we not sell our Michigan house but my husband could not find work in Alabama.

Wow. That sounded like a really well thought out plan. What could possibly go wrong?