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Guest Post: And The Douchebag Of The Year Award Goes To……

Tyler Durden's picture


Submitted by Mark McHugh from Across the Street

And The Douchebag Of The Year Award Goes To……

Unless February 29th is the new April Fool’s Day, I’m pretty sure  Alan Dlugash locked up DOTY with this remark:

People who don’t have money don’t understand the stress.   Could you imagine what it’s like to say I got three kids in private school, I have to think about pulling them out?   How do you do that?”

Dluglash is describing the horror of scraping by on $350,000 a year.   Really.  How could you lucky bastards ever understand?

Ordinary Americans, with their fancy foodstamps and foreclosure notices, are increasingly turning a blind eye to the plight of the people who outsourced their jobs.  You  just don’t get it, do you?    These people are light years smarter than you, and they work really hard.  Now things are so dire, some are actually considering sending their kids to school with your germy kids.   It’s bad.

Some have even been forced to shop for discount Salmon.  How could people who enjoy cat food ever understand that kind of humiliation?  If someone doesn’t halt this death spiral soon they may have to settle for Microsoft products (which even poor people hate).  

This is all a joke, right?  Cause if it’s not, wait ’til they find out about Walmart….



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Thu, 03/01/2012 - 06:56 | 2211719 Disenchanted
Disenchanted's picture


I'm sure folks like that will have plenty of paper something.

Wed, 02/29/2012 - 21:40 | 2210599 Downtoolong
Downtoolong's picture

The genius of the elite is how they divert so many minds from realistic expectations, to believe that anyone (hell maybe everyone) can become a Warren Buffett or Mark Zuckerberg if they just try hard enough. It’s almost laughable when you see them drunk on their own kool aid.

Wed, 02/29/2012 - 21:40 | 2210607 UP Forester
UP Forester's picture

Jump, you FUCKER!!!!

Wed, 02/29/2012 - 21:42 | 2210608 YesWeKahn
YesWeKahn's picture

If he really doesn't know how to successfully raise his three kids with 350K monthly, I am glad to take his wife, three kids and his job.

Wed, 02/29/2012 - 21:43 | 2210619 YesWeKahn
YesWeKahn's picture

I my own world, everyone else is overpaied except me.

Wed, 02/29/2012 - 21:41 | 2210609 Osmium
Osmium's picture

Instead of wondering about how to pull his kids out of a private school, he should concentrate on pulling his head out of his ass.

Wed, 02/29/2012 - 21:43 | 2210611 Yen Cross
Yen Cross's picture

 That " Light Squared" douchebag come to mind. They just shit canned a bunch more people. That Ass Wipe Liesman, also comes to mind.

Wed, 02/29/2012 - 21:43 | 2210615 wisefool
wisefool's picture

Maybe this guy gets it for the year, but we wont really know this particular emporer is naked unless Obama names him SEC-TRES in the long liniage of Timmay "World Bank W2 is not compatable with Turbo tax" Giethner, or Hank "tanks in the street" Paulson.

Maybe we SHOULD elect romney to say frak you to the IRS and the low IQ people that they put in charge of it?

Einstienian thought experiment, and we all know what einstien said about taxes .....

Wed, 02/29/2012 - 21:43 | 2210617 Cabreado
Cabreado's picture

And everyone thinks it's the other Entitlement -- the way down low one -- that is destroying us.

Welcome to the real new world order...

Welcome to the Narcissist Nation.

Oh, and, welcome to the chaos.

Wed, 02/29/2012 - 21:44 | 2210622 buckethead
buckethead's picture

350 a year ain't what she used to be.

I won't crucify this guy for not picking up on the new normal just yet. Seeing the full context in which these comments were made may change my mind, though.

Any revolution in which "those other folks" need to die so we good folks can run things is the shortcut to tyranny's brother's house.

Wed, 02/29/2012 - 21:44 | 2210624 Max Fischer
Max Fischer's picture



Sounds like another typical Republican, like John Flemming - completely out of touch with the real world.
Wed, 02/29/2012 - 21:52 | 2210658 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

You know Averell Harriman founded the Neo-Democratic party right?  You know who Harriman is right?  You know who the Bundys are right?  You know there is no fucking difference at the top of the pyramid right? 

Wed, 02/29/2012 - 22:24 | 2210803 tmosley
tmosley's picture

Why would he?  He's a college punk from Boulder, which his parents ruined when they moved there from California and voted in all the same trash that ruined their last nest.

Wed, 02/29/2012 - 21:44 | 2210625 ExpendableOne
ExpendableOne's picture

When the mob sacks his house, he can then report that he's stress free!

Wed, 02/29/2012 - 21:44 | 2210626 Pairadimes
Pairadimes's picture

Hopefully, there is a little left in his budget for a cluebat.

Wed, 02/29/2012 - 21:45 | 2210629 whoopsing
whoopsing's picture

Welcome to the LIRR douche,you may rob me of my money,but try to take my seat,your wife will be mending your black eye with a chuck steak :)

Wed, 02/29/2012 - 21:45 | 2210630 Cursive
Cursive's picture

Just glad I'm not this guy.  There are many answers to the question, "What is happiness?"  A good answer is, knowing that you reared children who can adapt to hardships and overcome challenges.  I don't make $350k per year, never have, probably never will.  But I have a happy little family (that attends public school) and for that I thank God. 

Wed, 02/29/2012 - 22:42 | 2210854 mtomato2
mtomato2's picture

Thanks for the roadmap back to sanity, C.  Bless you.

Thu, 03/01/2012 - 03:05 | 2211545 I am a Man I am...
I am a Man I am Forty's picture

good for you cursive, sounds awesome, i have an amazing girlfriend that i am very fortunate to have

Wed, 02/29/2012 - 21:45 | 2210631 Wakanda
Wakanda's picture

"Douchebag Of The Year"  already? - at the end of February?

We have 9 more months of idiocy and mendacity ahead of us.  Some big swingin' dick can easily top that six figure piker.

Wed, 02/29/2012 - 22:50 | 2210879 Tortfeasor
Tortfeasor's picture

I'm no mathnasiumist, but I think its ten months

Wed, 02/29/2012 - 23:00 | 2210910 johnnynaps
johnnynaps's picture

add 4 more years to that 10 are giving this population too much credit.

Wed, 02/29/2012 - 23:04 | 2210917 Wakanda
Wakanda's picture

I am using the Mayan calendar and taking December 2012 off for TEOTWAWKI.  ; )

Wed, 02/29/2012 - 21:47 | 2210644 Money 4 Nothing
Money 4 Nothing's picture

 And The Douchebag Of The Year Award Goes To……

Robo Trader? For all the Sage PM advise?

Wed, 02/29/2012 - 22:03 | 2210733 EvlTheCat
EvlTheCat's picture


You read my mind!!

Glad I read the posts first.

Wed, 02/29/2012 - 21:49 | 2210651 Yen Cross
Yen Cross's picture

 350K was 750K 3.5 years ago. Just like a 24oz can of beer was 1.00$ and is 2.25$ now.

Wed, 02/29/2012 - 21:51 | 2210657 dumpster
dumpster's picture

350 minus 30 TAx    minus state tax  he takes home maybe 240 a year

home payments  100 ..  leaving 140..  property taxes  15,000..  125...  ..

just cause most here are living off food stamps .. and dving for the dumpster

240 after tax is not a great prize .. once a person has adjusted to that life style

comparing a large grapefruit to a single grape

much ado about nothing in my humble opinioin

cluster envy  

Wed, 02/29/2012 - 22:10 | 2210748 UP Forester
UP Forester's picture

Boy, I'd love to be taxed at 11 3/4%

Fuckers withhold 20 or so % from my check.

Wed, 02/29/2012 - 21:54 | 2210669 rsnoble
rsnoble's picture

I could actually retire on $350k. No kidding.  My first move would be having all the money hidden, not in a fucking bank. Anything bad comes along and guess what........I have no assets for you fucking dipshit lawyers to take.

Wed, 02/29/2012 - 21:55 | 2210685 holdbuysell
holdbuysell's picture

NFW. Really!!? Where's that video of the cat with the astonished look on its face or the deer caught in headlights pic.


Wed, 02/29/2012 - 21:59 | 2210720 killallthefiat
killallthefiat's picture

If any of you dumbasses read the original article, you would learn that Andrew Schiff is having a similar plight.  I guess the recommendation of his bro for buying Indian and Chinese stocks for the last 8 years is taking its toll.  They have an alternate business model: now they can earn money by competing with kitco

Wed, 02/29/2012 - 22:00 | 2210722 fonzannoon
fonzannoon's picture

They guy in the Story is Andrew Schiff. Peter Schiff brother. I am amazed to see him in there.

Wed, 02/29/2012 - 22:16 | 2210779 I think I need ...
I think I need to buy a gun's picture

that seems a little odd about schiff, i don't believe anything the media says about anything anymore its really clear now even the simple stories......

Wed, 02/29/2012 - 22:25 | 2210810 unununium
unununium's picture

Don't be amazed.  TPTB, such as those who edit Bloomberg News, delight in depicting their enemies (or in this case their families) in squalor, and as failures.  Peter Schiff is an enemy.

These are the same people that killed Lehman, like a murder of crows turning on each other.  Don't be amazed.


Wed, 02/29/2012 - 22:05 | 2210734 HungrySeagull
HungrySeagull's picture

I should not post, but his life and 350,000... is irrelevant to me. That kind of money can keep 40 people at the church going for at least a year.

Hell we will not live long enough to spend 350,000.

Wed, 02/29/2012 - 22:06 | 2210735 Yen Cross
Yen Cross's picture

 O/T but does anyone here at Z/H like those "BOZOS" from CNBC on the floor of the exchange all day? Their mikes falling off, and loud mouth wanabees spouting off in the background. Pisani learning to coach " PeeWee" football on his "touchscreen".

 Give the floor some room you Media Whores!  ( Pisani for douchbag of the day).

Wed, 02/29/2012 - 22:49 | 2210801 Everybodys All ...
Everybodys All American's picture

Floor of the exchange ... what better place to create the theater of the fake US economy.

Wed, 02/29/2012 - 22:07 | 2210742 samsara
samsara's picture

Jeb Bush: The truth is useless. You have to understand this right now.

You can't deposit the truth in a bank. You can't buy groceries with the truth. You can't pay rent with the truth. The truth is a useless commodity that will hang around your neck like an albatross all the way to the homeless shelter. And if you think that the million or so people in this country that are really interested in the truth about their government can support people who would tell them the truth, you got another thing coming. Because the million or so people in this country that are truly interested in the truth don't have any money.

Wed, 02/29/2012 - 22:18 | 2210753 Miles Kendig
Miles Kendig's picture

A labradoodle named Zelda and a rescued bichon frise, Duke, cost $17,000 a year, including food, health care, boarding and a daily dog-walker who charges $17 each per outing, he said.

I'd love to introduce this guys labradoodle to my Chocolate Squirrelador

These poor unappreciated FIRE fucks have yet to appreciate the real effects of wage compression, yet.  Just wait until they gotta process rapid refunds in the Bronx for $7.35 an hour, part time.

I am happy to get the feedback of my tat tho....

Wed, 02/29/2012 - 22:19 | 2210786 nmewn
nmewn's picture

I wanna see Becky Quicky standing on a street corner with Warren Buffet panhandling beside her.

Then I'll know we have the real parity they push for the masses.

Wed, 02/29/2012 - 22:41 | 2210812 Miles Kendig
Miles Kendig's picture


Becky in a pastel micro mini and Warren bitchin' about singing his love song to passerby for spare change on Avenue D as they dream about movin on up to a halfadbl on their way to that far away dream of a fulldblwide.  Wherever those two go we can trust they'll forever be aspirational

Wed, 02/29/2012 - 23:05 | 2210932 nmewn
nmewn's picture

Dammit Miles I'm so fucking pissed I can't see straight. The only conclusion I can come to is most people are willfully stupid or criminally insane.

I'm gone.

Wed, 02/29/2012 - 23:18 | 2210972 Miles Kendig
Miles Kendig's picture

When your Irish settles drop a line, and ask.  Until then ride strong as ever

Thu, 03/01/2012 - 19:54 | 2215111 nmewn
nmewn's picture

Yes, I'll take that meltdown mulligan...thanks.

I've been ruminating on something for over a month, they have advantage because of our honesty.

My friend, we have reached the point where a significant portion of the population would rather pick up the phone and call a bureaucrat to have someone come pick up the litter in front of their house than to get off their lazy ass, go out and pick it up themselves.

The latest is this festering boil on humanity Buffet.

He presents his secretary as a victim of the state (through taxation) and asks the very same state to hold him personally accountable when he could easily write a check to the state anytime he wants.

But no, he doesn't really trust the state to "properly redistribute" his wealth does he?

For if he did, he wouldn't have so many philanthropic endeavors to his credit, have his own children set up managing them and take a pittance for a taxable salary.

And I doubt his kids do this pro bono. These orgainzations would have travel expenses, meals and salaries of scale.

Then we have these algo jockeys (the point of this ZH article) who, addicted to Ben & Dimon's crack pipe, can't believe their misfortune at having their lifestyle reduced by the very act of smoking crack. When everyone knows it's the dealers (not the users) who reap the lions share...always...even in the "hard times".

If the rule of law cannot be restored I'm all for letting it burn.

Sat, 03/10/2012 - 22:00 | 2236807 Miles Kendig
Miles Kendig's picture

No prob.  Been on a meltdown of my own.

You hit upon what I perceive as a major marker of this whole sorry pile of crap.  Honesty.  I'm sure we'd agree that truth-in-full-ness [rather than the carefully crafted, plausibly deniable Gerber, or straight up deny, deny, deny], compassion, transparency and more would go with.  It seems that many, Warren included, believe that "truth" is what they have a PR department communicate.

Wed, 02/29/2012 - 22:27 | 2210818 Yen Cross
Yen Cross's picture

 You always give "psychedelic visuals" . Does the Bucket for donations say " Bank of America" , or " J.P. Morgan" on it?

Wed, 02/29/2012 - 22:49 | 2210866 Miles Kendig
Miles Kendig's picture

Please support the grand buffet of St. Warren and the anchorettes.  [Guided tours extra, of course] 

Wed, 02/29/2012 - 22:54 | 2210885 Yen Cross
Yen Cross's picture

 Golf Clap.

Thu, 03/01/2012 - 03:20 | 2211555 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I'm still wishing I had joined Fight Club the six months before I did, when I had started reading it, because of you mother fuckers.

Wed, 02/29/2012 - 22:14 | 2210765 zerotohero
zerotohero's picture

He can eat my ass out.

Wed, 02/29/2012 - 22:14 | 2210766 VelvetHog
VelvetHog's picture

Jesus H. Fucking Christ in a sidecar how the fuck could any panel of judges pick a single winner from the elite crop of worthless wastes of good oxygen that are cruising the planet high on themselves!  Seriously!!!

Wed, 02/29/2012 - 22:29 | 2210820 Bay Area Guy
Bay Area Guy's picture

Trying to picture Christ in a sidecar and it's just not coming to me.

But I agree with you about the plethora of douchebags in this world.

Wed, 02/29/2012 - 23:09 | 2210941 Reese Bobby
Reese Bobby's picture

Two mirrors please.

Wed, 02/29/2012 - 22:21 | 2210791 Everybodys All ...
Everybodys All American's picture

The same rational goes for people who celebrate the success of Apple stock as they outsource all of the manufacturing jobs to Chinese labor and meanwhile Americans go without work. A little common sense would go a long way in this country right now. BTW Barry Obama does not leave me encouraged that it will come from him any time soon.

Thu, 03/01/2012 - 13:02 | 2213063 SanOvaBeach
SanOvaBeach's picture

Hey Dude, I could give a damm about making jobs for Americans.  What the fuck you stupid fucking moron!  I'm for me and my family.  I got a out-source company that makes me on average half a million a year.  I'm close to done.  Who am I you asshole, Mother Thresea?  I contribute to my community in cash and voluntary work, so it is not all take.

Wed, 02/29/2012 - 22:24 | 2210805 Bay Area Guy
Bay Area Guy's picture

If I remember correctly, basketball player LaTrelle Spreewell (not sure of the spelling), infamous for choking his coach at a practice, one time said that it was hard for him to get by on a few million a year.  I think Patrick Ewing also said something similar to that one time.  Just goes to show, there are douchbags in every profession.

Wed, 02/29/2012 - 22:26 | 2210807 BlackholeDivestment
BlackholeDivestment's picture

...naaaaa. I disagree. The Biggest Douche Bag of the Year Goes To:

...the Jewish nutballs at ABC, The Disney Land Freak Show and their viewers.

ROTFLMAO!!! They have taken ''BITCHEZ'' to a whole  n o t h e r level.

Wed, 02/29/2012 - 22:25 | 2210809 justsayin2u
justsayin2u's picture

OMG  I cant imagine learning ho to drive a car. And how do you get the gas in there?

Wed, 02/29/2012 - 22:36 | 2210834 navy62802
navy62802's picture

This is why poor people will fare the best when the real crash strikes us. They already have nothing. I mean the man has a point. The most violent and disrupting part about BEING poor is becoming poor. Some people are born into it. Most people are not. I was born into a lower-middle class family. Now, I'm more of a solidly middle class wage-earner. It will be a shock for me to be poor, if it comes to that. But it will be more of a shock for those who work on Wall Street, earning a quarter of a million per year or more. The farther you fall, the worse it hurts. And these people are going to be shocked, possibly to the point of death when the real problems hit us. They should not expect sympathy from the rest of the nation.

Wed, 02/29/2012 - 22:41 | 2210843 El Viejo
El Viejo's picture

YOU DESERVE a break today. Expect MORE. Just for YOU:

Hat Tip to SeanJKerrigan

Wed, 02/29/2012 - 22:40 | 2210845 Savonarola
Savonarola's picture

I'm from the old school:  guys are scumbags, chicks are douchebags.

Wed, 02/29/2012 - 22:40 | 2210847 q99x2
q99x2's picture

Although having a lot of money was looked down upon in past civilizations this fool seems to be admitting that he actually pays off debt. Hasn't anyone told him like, "Hey Bud ah that's no longer socially acceptable."

What a dochebag.

Wed, 02/29/2012 - 22:42 | 2210856 Maos Dog
Maos Dog's picture

Total asshole:


Schiff, 46, is facing another kind of jam this year: Paid a lower bonus, he said the $350,000 he earns, enough to put him in the country’s top 1 percent by income, doesn’t cover his family’s private-school tuition, a Kent, Connecticut, summer rental and the upgrade they would like from their 1,200-square- foot Brooklyn duplex.


I make much less than this now and live much better than ever before.

Wed, 02/29/2012 - 23:07 | 2210872 psychobilly
psychobilly's picture

“I feel stuck,” Schiff said. “The New York that I wanted to have is still just beyond my reach.”

You have chosen to live where $350K per year gets you crammed into a 1,200 square-foot duplex like a rat. 

This fool probably has little real (liquid) wealth to show for his income... and will end up working himself into an early grave trying to attain that "New York that I wanted to have."

If he ever slips a notch in the social order, wife-mouth will divorce him and take the private-school-educated children-mouths, who will end up hating him. 

Don't fall off the hamster wheel, Andrew.

Thu, 03/01/2012 - 03:53 | 2211591 Moe Howard
Moe Howard's picture

One green uparrow. Your font use precludes using the arrow.

Wed, 02/29/2012 - 22:48 | 2210873 vintageyz
vintageyz's picture

Summers Eve as a cologne...

Wed, 02/29/2012 - 22:50 | 2210877 kayl
kayl's picture

This guy hasn't gotten on board the new money train. Basel III 2019 7.25% loss-absorbing notes Tier II Capital.

Since they come in $200,000 denominations, not everyone gets on board.

I don't know much about this Basel III, but I'm assuming people of high net worth are already changing over

to the new monetary system before the collapse.


Rock on ZHers!

Thu, 03/01/2012 - 02:53 | 2211536 Cathartes Aura
Cathartes Aura's picture

I'm sure he'll be gutted when he realises. . .

subordinated loss-absorbing non-dilutive notes.

you just can't make this stuff up.

Wed, 02/29/2012 - 22:50 | 2210878 Disenchanted
Disenchanted's picture

I thought little Jimmy Cramer had this prize sewed up for the rest of his natural born life...

Wed, 02/29/2012 - 22:54 | 2210886 blindman
blindman's picture
gabor mate'
Wednesday February 29 9:00am 59 min
Public Affairs
Brain Development & Addiction with Gabor Mate
talk back .
" slavery by another name ", douglas blackmon
( here the origin of the modern money system )
Wednesday February 29 3:00pm
1 hour 59 min
Public Affairs
" slavery by another name ", douglas blackmon bill moyers interview
there is an unconsciousness that often comes with privilege.

Wed, 02/29/2012 - 23:11 | 2210947 El Viejo
El Viejo's picture

Yeah, I've noticed people becoming 'disconnected' as soon as they are promoted. That's why that TV reality show where the boss explores his company masquerading as a new employee is revealing in more than one way.

Wed, 02/29/2012 - 22:56 | 2210896 azengrcat
azengrcat's picture

I grew up in the lower south in a double wide

but you had to heat and cool 4000 sqft on the upper east side

I had spent my whole paycheck to fix my rusty stripped El Camino

You gotta figure out if you've got enough blow for your busty strippers, Al Pachino

I got 99% problems

but being top 1% aint one


Wed, 02/29/2012 - 22:56 | 2210899 malek
malek's picture

That bloomberg piece is cobbled together so poorly, it is screaming smear campaign to me...

Wed, 02/29/2012 - 23:01 | 2210918 mark mchugh
Wed, 02/29/2012 - 23:02 | 2210921 swmnguy
swmnguy's picture

The really sad thing is, these guys are a lot more miserable than I am, or any of you are.  Their lives really are like being in hell.

Myself, I'm one lucky bastard.  I'm self-employed, make just about $100k per year, and my wife makes another $20k.  I screw around coordinating corporate events, while she works with disabled kids in the schools.  Some priorities our country has, huh?

We have two fantastic kids who do well in (public) school.  We have a little house between a good neighborhood and a bad neighborhood, where we can afford it easily.  We have two paid-off cars that work really well.  We have no credit card debt.  We clean our house, our stuff, and the catbox ourselves.  Sometimes we have to wait to buy things we want.  We have to plan our vacations, and choose things we have the money for.

My life would kill these people.  I know some people like this, and they really do think that if they had to pull their kids out of a $36,000 a year HIGH SCHOOL, FOR FUCK'S SAKE, it would mean they are worthless people and their lives are failures.  And they're right.  They have to have all that stuff or they are worthless failures.

I, on the other hand, have failed in business, been kicked out of schools, been fired and escorted to the door by security goons, lost relationships, lost friends, shown up wearing last year's clothes; hell, I don't even have a college degree.  And I feel just great, thanks.

Man, I wouldn't trade places with these people for a nano-second.  They may be douches, but God.  Is their take on life really better than being dead?  These are the kinds of people who end up dying alone, or worse; living alone surrounded by people.

Wed, 02/29/2012 - 23:23 | 2210987 Yen Cross
Wed, 02/29/2012 - 23:33 | 2211017 swmnguy
swmnguy's picture

That's a really funny set of options.  I'd be w-a-a-a-y over to the Costa Allegra end of that spectrum.  Maybe even past that; I'm so lucky I couldn't afford to go on a doomed Italian cruise in the first place. 

Wed, 02/29/2012 - 23:05 | 2210931 alfred b.
alfred b.'s picture


   ....this can't be undercover Obama, he's only got 2 kids!



Wed, 02/29/2012 - 23:19 | 2210977 Sophist Economicus
Sophist Economicus's picture

BTW - anybody notice the striking resemblance of Schiff's brother in the article?   Looks like Peter in an ex-con kind-of-way

Wed, 02/29/2012 - 23:33 | 2210993 Yen Cross
Yen Cross's picture

Peter is long Veener- SCHLIDER. I drank that shit in Gumby Land! I don't have time to change the linguistics on my keyboard.

Wed, 02/29/2012 - 23:35 | 2211025 Sophist Economicus
Sophist Economicus's picture

Oh yea!

Wed, 02/29/2012 - 23:28 | 2210989 Coldfire
Coldfire's picture

Speaking of douchebags, have Jon Corzine's hands been chopped off yet?

Wed, 02/29/2012 - 23:28 | 2210998 Yen Cross
Yen Cross's picture

Corzine is rebuilding Bransons house on the set of " Jurassic Park $4".

Wed, 02/29/2012 - 23:29 | 2210996 Diogenes
Diogenes's picture


Wed, 02/29/2012 - 23:35 | 2211023 swmnguy
swmnguy's picture

Sorry to be dense; it's been explained to me before but I forgot.  What's the significance of the dot?

Thu, 03/01/2012 - 00:36 | 2211206 Yen Cross
Yen Cross's picture

Be creative. "<_>" ...   Or leave Z/H!

Thu, 03/01/2012 - 00:36 | 2211207 Seua
Seua's picture

He's making a point.

Wed, 02/29/2012 - 23:29 | 2211003 dark pools of soros
dark pools of soros's picture

Lifestyles of the Bitchez and Useless

Wed, 02/29/2012 - 23:32 | 2211009 newengland
newengland's picture

“These people never dreamed they’d be making $500,000 a year,” he said, “and dreamed even less that they’d be broke," said accountant Dlugash in the bloomberg article cited by McHugh in the blue link Really. 

Click that link for the full sorry story of how deluded Wall Streeters confuse income - which they are losing - with wealth which they never possessed due to their spendthrift lavish debt junkie ways.

PS, I notice that gold is rising along with the Asians after today's knock down gifted them yet more buying opportunity. So the transfer from Western central banks to their Far Eastern allies continues...

Wed, 02/29/2012 - 23:37 | 2211028 Yen Cross
Yen Cross's picture

 Hence " percieved wealth", and Core inflation numbers. I before (E) except after (C).

Wed, 02/29/2012 - 23:49 | 2211074 newengland
newengland's picture


Are you giving yourself spelling lessons, and refusing to learn, as you write 'percieved wealth'? 

Wed, 02/29/2012 - 23:49 | 2211076 newengland
newengland's picture


Are you giving yourself spelling lessons, and refusing to learn, as you write 'percieved wealth'? 

Thu, 03/01/2012 - 00:05 | 2211126 Yen Cross
Yen Cross's picture

I spelled it right the first time. People like like you, go " GERIATRIC", on people.

Thu, 03/01/2012 - 00:44 | 2211230 newengland
newengland's picture

Yen...ever so very cross,

You appear to need a lesson in manners as well as spelling. It is 'perceive', not 'percieve'. If you want to lecture others, then I suggest you get your facts straight...and lose the hysterical capital letter insults while you're at it. That might calm you down. You seem rather agitated, attempting to spell  perceived wealth after my comment when I didn't use it in the first place. 

Herein ends your lesson for today. Play nice. Goodnight.

Wed, 02/29/2012 - 23:33 | 2211019 SanOvaBeach
SanOvaBeach's picture

It has really been hard on my wife and me.  We had to get rid of the Lambo and Lexus.  We did have to take the kids (3) out of private school and put them in the local Catholic schools.  We had to sell the house in Baja and Park City.  Were down to the condo in Puget Sound and ranch in Marin County.  I still get to sail my ocean-going catamaran to "the ranch" in SB County and get the occassional good waves.  I just don't get it with these lazy 99%!  Why don't they get off their ass'es and make some $$$$.  There is plenty out there for everybody!  OH, by the way, I own an off-shore out sourceing company.  Business is slow but it will surely pick-up when everyone starts going offshore to manufacture again.  Everyone I know wants those WALMART prices!  I personally would not be caught dead in one of those crap holes.  My wife shops at Nordstroms.  We would'nt shop anywhere else.  The quality of goods is so much better.  Hope all are well...................Bye

Wed, 02/29/2012 - 23:34 | 2211020 gwar5
gwar5's picture

No worries, dewd. Home schooled kids do better than even private schooled kids anyway. They test out at the top of the heap.  Save the money, use the extra dough to take the whole family out more often.

Wed, 02/29/2012 - 23:35 | 2211024 KickIce
KickIce's picture

So many douches to chose from.


We should set up a March Madness type bracket with financial guys on one side and politicians on the other.  Talk about a stacked bracket; Dimon, Corzine, Madoff, Geitner, Paulson, Bernanke... vs Obama, Romney, Frank, Pelosi, Neopal, hell that Homeland security wench, Holdren...

And if we really wanted to make it tough we could allow the ECB to participate.

Wed, 02/29/2012 - 23:39 | 2211036 swmnguy
swmnguy's picture

In my mind I can hear Dick Vitale screaming, "It's a Douch-a-Palooza, Bay-bee!"

Thu, 03/01/2012 - 00:05 | 2211128 KickIce
KickIce's picture

Yeah, thanks for putting Douchey V's voice in my head.  :)

Thu, 03/01/2012 - 11:03 | 2212480 swmnguy
swmnguy's picture

Sorry...Had to get him out of mine.

Thu, 03/01/2012 - 02:47 | 2211529 mark mchugh
mark mchugh's picture

Seriously, I love that idea!!!!

Start making the list of 64 now.

Wed, 02/29/2012 - 23:37 | 2211031 I should be working
I should be working's picture

This is exactly why money doesn't bring happiness, you just become obsessed with useless shit you don't need.

Cry me a river asshole.

Wed, 02/29/2012 - 23:43 | 2211052 RobotTrader
RobotTrader's picture

Bottom line is that lots of guys missed out on these fantastic lifestyles enjoyed by the PigMen.


Mainly by being out of the stock market, or trying to short the market.

Anyone who bought and held many retail stocks since the 2009 lows is:

- Done

- Finished

- Retired

Just pull up a chart of AZO, TJX, DLTR, TPX, etc. and a lifetime worth of gains was attained in just 3 years.


Thu, 03/01/2012 - 00:40 | 2211223 Yen Cross
Yen Cross's picture

I don't even want your life style. You know those calls need to be serviced Today/Tomorrow?

Wed, 02/29/2012 - 23:46 | 2211061 Ungaro
Ungaro's picture

Nah, DOTY has to go to Rick Santorum for his Dutch euthanasia remarks, none of which are factual.

Wed, 02/29/2012 - 23:48 | 2211071 crowdoc
crowdoc's picture

Yeah, the full article was on Bloomberg today and the jerks in it got absolutely hammered by hundreds of angry proletarians!  And not just little snide blurbs like here but full paragraphs of shit and hatred.  T'was a delightful sight for sore eyes, I'll tell ya.

Wed, 02/29/2012 - 23:52 | 2211085 hudson
hudson's picture

I have to admit I have know idea of the stress of getting by on $350,000 per year. I am damned familiar on getting by on less than $20,000 per year. I pay my bills and I'm out of debt but for the house and a payment to my parents. Perhaps we could trade incomes for a year. Heck I'll just take $30,000 and he could scrape by on a measly $320,000

Wed, 02/29/2012 - 23:56 | 2211094 Island_Dweller
Island_Dweller's picture

I thought I was reading The Onion......

Thu, 03/01/2012 - 00:04 | 2211123 KickIce
KickIce's picture

real life has put the Onion out of business.

Thu, 03/01/2012 - 00:01 | 2211113 chindit13
chindit13's picture

No need for any anger directed toward Peter Schiff's brother and employee.  The guy made his own hell by trying to live a life whose intent seems to be to impress other people.  Maybe I'm wrong with that statement, but it seems that is what he has done.  That sort of thing will never be satisfying.

He's actually lucky for more than the obvious reason of earning well above average.  First, in times past when someone of his stripe went from riches to rags, they had to learn how to clean their own bedpans every morning.  Second, what drove the price of everything to out-of-reach levels were the salaries and bonuses that now are coming down.  Everything he now "needs" will also come down in price, though probably relative to his lower compensation, leaving him still reaching above his station.  He'll still be complaining, because that is his character.

Those who want to inflict bodily harm on this guy have their own problems, and Schiff's tumble isn't going to make them one lick happier.  Everybody gets to sleep in his own bed, Schiff included.

Thu, 03/01/2012 - 00:12 | 2211142 Born Right the ...
Born Right the FIRST Time's picture

in my experience,everybody lives beyond their is the american dream.I have some debt,my richer brother has more debt than I,and my wealthiest brother has STAGGERING debt.we love to be debt slaves for some reason.

hte man who lives better than you just has a better banker.

Thu, 03/01/2012 - 00:12 | 2211143 Jumbotron
Jumbotron's picture

Is this Peter Schiff's brother?

Peter needs to tell him...."Shut the fuck's not that you get paid too little, you spend WAY too much."

Yep.....DOTY for sure.

Thu, 03/01/2012 - 00:19 | 2211157 crowdoc
crowdoc's picture

After reading what he had to say, he's lucky he even gets a paycheck.  If I were his brother I'd fire the dumbfuck for being so lame.  I guess he doesn't want to piss off their mother...

Thu, 03/01/2012 - 01:18 | 2211343 Goldtoothchimp09
Goldtoothchimp09's picture

Anybody who knows shit about marketing would NEVER get quoted like that!!!  ROFLMAO

Thu, 03/01/2012 - 00:39 | 2211220 GMadScientist
GMadScientist's picture

Ayn Rand would tell you that killing one of the children so the other two could remain in private schools would be more just.

Let them sort it out with 'competition' the death!

Thu, 03/01/2012 - 08:47 | 2211862 AnAnonymous
AnAnonymous's picture

Ah, ah. That is possible. Good fun in all cases.

Thu, 03/01/2012 - 00:41 | 2211228 RobotTrader
RobotTrader's picture

If we go into a "Weimar Mode", those who have the most debts and the most speculations in stocks, gold, etc. will win the race.

Thu, 03/01/2012 - 01:34 | 2211377 Incubus
Incubus's picture

Not a matter of if, but when.

The way they drag these things out, I wouldn't be surprised if we're looking at another 10 years for this thing to unfold.


It's pretty hard to even force a collapse on an apathetic public that only wishes to sit infront of the screen and pretend that normalcy is a law and a right.


Just make shit up as you go along and people don't give a shit.  Fucking go infront of the public in a clown suit and scream "we're fucked!" and no one will give a shit until they can't log onto farcebook, or watch reality television.  Or buy their junk-shit food. 


And then reality hits...




Thu, 03/01/2012 - 06:42 | 2211711 Colonial Intent
Colonial Intent's picture

Its a titanic one alright, i nicked a lifeboat while the idiots in first class went back to the bar and try to refloat the boat for another boom/bust cycle.

Best O British to ya.

Fri, 03/23/2012 - 01:30 | 2282684 MeelionDollerBogus
MeelionDollerBogus's picture

Ya, last time that happend, in Weimar Germany, and a good close copy in Zimbabwe, the currency itself lost value so no one could sell their stock in time to get enough paper to buy anything. Unlike barter, you can't usually collect enough paper shares to trade ownership / yield / benefits to any person for physical things of value also priced up during the hyperinflation.

This goes where no Robot Trader can tread - the physical realm of energy & manufactured goods.

Thu, 03/01/2012 - 01:11 | 2211320 Essential Nexus
Essential Nexus's picture

Does anyone ever wonder what the starving Africans have to say when they hear that in America, people are getting laid off and struggling?  They probably say: "Struggling? Really?!"  This is all a matter of perspective, but that's just my perspective.

Thu, 03/01/2012 - 02:11 | 2211458 Unnatural Selection
Unnatural Selection's picture

Perspective indeed. 

Am I only the only one who feels for the guy?  Clearly DOTY for being quoted in such a manner (Peter should can him), but it is much harder to go from a "have" to a "have-not" than having always been a "have not".  His suffering, while tough to see for the $50k crowd, is real. 

Have you ever been bumped to first class on a flight?  Fanstastic while it lasts, but sitting in coach the rest of your life leaves you with an emptiness that you would never have known had you only known coach.

Thu, 03/01/2012 - 02:17 | 2211475 Totentänzerlied
Totentänzerlied's picture

I have a feeling they don't really care, and just as we can't comprehend the lived daily experience that is their existence they cannot do so for ours. The differences are too vast for us to meaningfully appreciate.

People would do well to realize that $40k is to much of the world as $4000k is to most westerners. But it's all relative to expectations. If you were raised a blue-blood, middle-class life would seem like destitution.

Thu, 03/01/2012 - 01:12 | 2211324 Goldtoothchimp09
Goldtoothchimp09's picture

I just called EuroPacific and spoke with a salesguy named christian...told him to have Peter Schiff slap around his brother Andrew for getting publicly quoted like a fag!!!

800-727-7922   Euro Pacific Capital, Inc.

they are answering the phones currently - must be the late shift

Thu, 03/01/2012 - 02:08 | 2211453 AndrewCostello
AndrewCostello's picture

This article is actually pretty bad.  You're taking his comments completely out of context.


I actually have a bit of sympathy for him, because the truth is, these guys in his position are just as much victims of the paper fraud as the rest of us.  Instead of attacking each other, we should be working together.



Thu, 03/01/2012 - 06:57 | 2211720 Colonial Intent
Colonial Intent's picture

People like him perpetuate the delusion.


On it mica:-)

Thu, 03/01/2012 - 02:52 | 2211534 Josiah Bartlett
Josiah Bartlett's picture

This guy may be a strong contender for DBOTY, but it would be crazy to award the prize this early in an election year. There's plenty of douchebaggery yet to come in 2012.

Thu, 03/01/2012 - 04:24 | 2211621 Nobody For President
Nobody For President's picture

Somebody posted that they do not know anybody that lives within their means.

I do,.

In my very best income years, I gross about 1/2 of what the Schiff dude takes home. Paid cash for my 43 acres 40 years ago. Built my own place and sheds and stuff over time, am more or less done - no bank loans, no mortgages ever. Pay off the credit cards faithfully every month. Put 225000 miles on my last vehicle before I paid saved up cash for a new one, that only hae 66 K on it after six years (I stay pretty local).  Have a 1966 pickup with only 118000 miles on it, should be good as long as I am.

Five years ago I realized my 50 year dream and bought a very used but good 1940 Piper Cub, my big splurge. I has given me, and continues to provide, just incredible joy at a reasonable expense (burns auto fuel). I'm a hell of a lot happier in my antique airplane just poddling around than any of the douchbags in their private jets - most of whom don't even fly the things themselves.

Got my health. My wife in remission and doing well. Have 3 public schooled kids doing very well with their lives, and 4 grandchildren ditto. I have far, far more real wealth than the DOTY(s) can even concieve of having. Basically, these guys whining about their tough life are embarrasing themselves, and are so insulated from what most of us call the 'real world' that they don't even know it. To appreciate what you have, and to be able to say 'enough', must be the greatest blessing. 

Maybe because I was raised poor (logger's kid) and worked my way thorough college when that was still possible, I understand I am one very lucky son of a bitch, and I give thanks for that every day. Those miserable fuckers wiill NEVER have enough...

Thu, 03/01/2012 - 09:18 | 2211706 Colonial Intent
Colonial Intent's picture

Steve, can you take the chicken out of the Solar cooker when you get in, your mobile isnt receiving calls.

"Hegel is arguing that the reality is merely an a priori adjunct of non-naturalistic ethics, Kant via the categorical imperative is holding that ontologically it exists only in the imagination, and Marx is claiming it was offside".

Thu, 03/01/2012 - 07:23 | 2211739 EmileLargo
EmileLargo's picture

It is a funny thing about Americans or is it about human beings generally rather than Americans specifically? When I lived in Britain, I was always appalled at the British love of envy and dislike of anyone who was successful. You read the press and it is all about running people down constantly. In Britain, there is a false belief that Americans are different. But are Americans different?

I am moderately successful. I have friends who are much worse off than me and those that are much much better off than me. I aspire to be a lot better off and hats off to those who are - if they have done it by fair means. Sneering at Wall Street types for their current "woes" is all good. But have Americans as a people now become intolerant of success? Is the mere fact that someone has more than you have enough to make him persona non grata?

One thing that I did notice (just comparing cultures) is that Americans are much more open about what they have in material terms. The British tend to never utter a squeak about what they have as it is considered bad taste or is that just fear that they will become hate figures? I've run into Americans more often than Europeans who like to brag about money. I was never appalled or offended by it. I just found it funny.

Thu, 03/01/2012 - 08:33 | 2211819 covert
covert's picture

what about the asshole of the year award?


Thu, 03/01/2012 - 08:22 | 2211801 Watauga
Watauga's picture

This is the sort of piece that only reinforces the false dichotomy that may well become a real divide.  This is America, or WAS America, where a man could make his way and earn, through hard work, good investments, risk/reward, whatever he could earn, and no one really bitched too much about it unless it was attained illegally.  In THIS America--and as assisted by articles such as this one--anyone making more than X is a bad guy to X.  He doesn't deserve his earnings.  If he points out that in the current system, even $200,000, or $500,000, can represent something less than wealth, he is pilloried.  Why do YOU care what he makes or how he spends it or what he whines about?  If we would stop pissing and moaning about him, perhaps we could focus some of our energy toward worthy goals of our own and build some wealth for ourselves.  Once we go down the road to blaming successful people, we have bought into and reinforced the bullshit that they are to blame for our problems.  Contrary to what Obama and other ultra-Statists (including establishment Republicans) want us to believe, THIS IS NOT A ZERO SUM GAME.  That he earns $350,000 per year and bitches about it does not mean that I have to be stuck on $30,000 per year and bitch about it.  We can both earn $500,000 per year and be happy with it--or bitch about it.  But the point is, it is really none of my business what he earns or how he handles it.  Let him whine.  I don't care.  Focus on what we can do to do better, not on what others are doing with theirs.

Thu, 03/01/2012 - 08:50 | 2211880 AnAnonymous
AnAnonymous's picture

Contrary to what Obama and other ultra-Statists (including establishment Republicans) want us to believe, THIS IS NOT A ZERO SUM GAME.


Infinite growth, here we come.

For it not to be a zero sum game, the requirement is simple, growth.

If not, well, straigthforward.

Thu, 03/01/2012 - 15:06 | 2213603 Watauga
Watauga's picture

It is difficult to understand your point, AnAnonymous, but perhaps you would be so kind as to point out why the fact that X earns, say, $1M per year prevents me from earning, say, $1M per year.  Nothing that I can find, other than my own limitations or my own mistakes and the govt's intervention through taxation and regulation, prevents me from making as much money as I can make.  It certainly is not X's fault if I only make $30K per year.  And the fact that he makes $1M does not in any way prevent me from making more.  And nothing either X or I does prevents you from earning more.  Wealth is not a defined pie out of which we each get some small slice.  If it were, then there would be a hell of alot more throat-cutting going on.  Moreover, if it were, 320M Americans would like rise up to stop Leviathan from stealing half the freaking pie to distribute as it pleases to enhance its own power.  No, most Americans with a sense of liberty and private property presume that, even with Statist interventions, each of us can still increase our wealth through hard work, sound investment, risk taking, and smarts.

Thu, 03/01/2012 - 08:56 | 2211904 crosey
crosey's picture

It's interesting to see the fingers of pain reaching up so high, these days.

Thu, 03/01/2012 - 09:26 | 2211954 Monedas
Monedas's picture

There is an ever growing segment of society that never has to sweat a payroll, a paycheck, food, rental, mortgage, college, cell phone, petty cash, legal fees, insurance, burial expenses, othodontics, heroic medical interventions including unlimited transplants, routine medical, dental, utilities, retirement nor anything except gambling too much at the Indian casino (that might be covered by emergency cash grants)'s the government/entitlement class....and they're killing us !   The "Fiati" !   Monedas  2012  The greed of the parasitic, non-producing class is the ugliest greed of all ! Even with the FOIA...we don't how many special "programs" there are for government workers and entitlees ! Multi-generational safety net entitlement mini-dynasties....prolific and paid for by splitting the fiat pie !

Thu, 03/01/2012 - 10:44 | 2212385 Ned Zeppelin
Ned Zeppelin's picture

Yep, that's a douchebag alright.

Thu, 03/01/2012 - 15:29 | 2213749 NoClueSneaker
NoClueSneaker's picture

Frank Zappa 2013 - worldwide ...

20 years r nuff fer da dumbest cocksucker ...


Bring it on, b*****Z ....

Sat, 03/03/2012 - 01:00 | 2219162 q5251355
q5251355's picture

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