You Try to Live on 500K in This Town - GoFuckYourself.com

fuzzylogic · 02-10-2009, 06:23 AM

check this very cool article that breaks down living expenses on NYC bankers which provides a neat glimpse into a high-end way of living.

it provides an understanding why they will be very unhappy about higher taxes and a salary cap of 500k. They just will not be able to survive.

"Five hundred thousand dollars ? the amount President Obama wants to set as the top pay for banking executives whose firms accept government bailout money ? seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast."

http://www.nytimes.com/2009/02/08/fa...lfmill.html?em

seeandsee · 02-10-2009, 06:26 AM

it's hard yea

Domain Diva · 02-10-2009, 06:29 AM

It seems big earners dont think they have to make any cut backs, even when the places they work are getting bailouts !

Nicky · 02-10-2009, 06:29 AM

Times are tough

HorseShit · 02-10-2009, 06:34 AM

the $500k limit is putting a burden on many individuals

Fletch XXX · 02-10-2009, 06:34 AM

Quote:

Originally Posted by fuzzylogic

But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast."

note: successful bankers.

these guys companies failed, the company needs welfare... they are not successful. People on welfare never get to choose where they live.

Fucksakes · 02-10-2009, 06:37 AM

they are complaining? sounds like my fucking kids.

wish i had a nanny, main and personal trainer.

pornguy · 02-10-2009, 07:03 AM

Oh Darn. They might have to give up 1 of the vacations a year and cut back on the price of another.. Sad that my last vacation for 3 adults and 1 child cost me a little over 1200$ for 5 days.

junction · 02-10-2009, 07:11 AM

Waaaaaaaaaaahhhhhhhh!

Fucking babies.

Manowar · 02-10-2009, 07:21 AM

gotta suck for public opinion to cap your livelyhood like that

Fletch XXX · 02-10-2009, 07:23 AM

Quote:

Originally Posted by Manowar

gotta suck for public opinion to cap your livelyhood like that

should be glad americans dont get to "vote on these bailouts" theyd really see public opinion cap their lifestyle, unemployed!

notime · 02-10-2009, 07:29 AM

bankers could camp in tents in Central Park, it's big enough

DaddyHalbucks · 02-10-2009, 07:31 AM

Government should not be setting executive compensation, but they should not be in the bailout business either.

GatorB · 02-10-2009, 07:40 AM

Quote:

Originally Posted by fuzzylogic

check this very cool article that breaks down living expenses on NYC bankers which provides a neat glimpse into a high-end way of living.

it provides an understanding why they will be very unhappy about higher taxes and a salary cap of 500k. They just will not be able to survive.

"Five hundred thousand dollars ? the amount President Obama wants to set as the top pay for banking executives whose firms accept government bailout money ? seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast."

http://www.nytimes.com/2009/02/08/fa...lfmill.html?em

Too fucking bad. If you can't make it on 500K the MOVE to a cheaper area or cut back expenses. I could live on $500K for 10-12 years easy. Maybe longer.

PornNewz · 02-10-2009, 07:41 AM

Quote:

Originally Posted by DaddyHalbucks

Government should not be setting executive compensation, but they should not be in the bailout business either.

yes, but in this current economic reality, if they're gonna ask for a hand-out, they have to take the rules too.

Ross · 02-10-2009, 07:45 AM

Fuck them. They sure fucked a lot of other people.

cwd · 02-10-2009, 07:45 AM

do they think they are going to get sympathy by complaing about making "only" 500k?!?! Idiots...no wonder their banks failed.

Twistys Tim · 02-10-2009, 07:47 AM

These 'successful bankers' should count themselves lucky they were not caught doing what they have been doing in China. There, they would have most likely received a single gun shot to the back of the head, not a cap of $500k per year. LOL

Antonio · 02-10-2009, 07:53 AM

send them to Syberia

BlackCrayon · 02-10-2009, 07:59 AM

boo hoo...

WebairChris · 02-10-2009, 09:05 AM

$500K is a lot of money even for someone who lives in New York. The only interesting line in that article is this one, which is scary also for the middle class who live in NY:

"But in New York, where a new study from the Center for an Urban Future, a nonprofit research group in Manhattan, estimates it takes $123,322 to enjoy the same middle-class life as someone earning $50,000 in Houston, extricating oneself from steep bills can be difficult."

woj · 02-10-2009, 10:32 AM

It's a matter of perspective, some people think 50k/year is a lot of money.... others think that 100k/year is great... then once they get there they realize it's not really THAT much...

tranza · 02-10-2009, 11:06 AM

Thats a lot of money!!!

John-ACWM · 02-10-2009, 01:59 PM

'banker'....what a job

mozadek · 02-10-2009, 02:11 PM

Tell those assholes to move to Jersey, put their kids in private school and have their wife watch the kids instead of shopping all day.

Paper_Amar · 02-10-2009, 02:16 PM

i have no issues with this. These are companies that need a bailout. If your company is kicking ass, feel free to get paid whatever the hell it is that you want.

ADL Colin · 02-10-2009, 02:28 PM

fuzzylogic · 02-10-2009, 07:09 PM

Quote:

Originally Posted by DaddyHalbucks

Government should not be setting executive compensation, but they should not be in the bailout business either.

that was the view in the 30's and resulted in a huge economic massive downturn due to govnt inaction.

Barefootsies · 02-10-2009, 07:25 PM

Quote:

Originally Posted by fuzzylogic

check this very cool article that breaks down living expenses on NYC bankers which provides a neat glimpse into a high-end way of living.

it provides an understanding why they will be very unhappy about higher taxes and a salary cap of 500k. They just will not be able to survive.

"Five hundred thousand dollars — the amount President Obama wants to set as the top pay for banking executives whose firms accept government bailout money — seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast."

http://www.nytimes.com/2009/02/08/fa...lfmill.html?em

They should have thought about that before driving their corporations into the ground.

If they can't make it in New YAWK on $500k, move to the midwest.

V_RocKs · 02-10-2009, 07:51 PM

Same here in LA...

ExLust · 02-10-2009, 08:03 PM

Tempting....

cess · 02-10-2009, 08:04 PM

Quote:

Originally Posted by fuzzylogic

"Five hundred thousand dollars ? the amount President Obama wants to set as the top pay for banking executives whose firms accept government bailout money ? seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast."

http://www.nytimes.com/2009/02/08/fa...lfmill.html?em

Didn't read whole thing but... From what I understand a lot of people live outside of NYC but still work there. I guess they take a bus or get there some other way. If you want to live there you're gonna pay out the ass. Sure you could drive/walk to work if you did and it wouldn't take long but that's a luxury. Most the crap they list is just a luxury a lot of people want but don't have. They should be glad they can afford most of that crap.

fuzzylogic · 02-10-2009, 08:09 PM

Quote:

Originally Posted by cess

Didn't read whole thing but... From what I understand a lot of people live outside of NYC but still work there. I guess they take a bus or get there some other way. If you want to live there you're gonna pay out the ass. Sure you could drive/walk to work if you did and it wouldn't take long but that's a luxury. Most the crap they list is just a luxury a lot of people want but don't have. They should be glad they can afford most of that crap.

if you RTFA you will understand that it's not "crap" that they buy, but rather a way of life they uphold which is not the same.

D Ghost · 02-10-2009, 09:12 PM

good article...

Spunky · 02-10-2009, 09:18 PM

He should make it a 250k cap

Barefootsies · 02-10-2009, 09:26 PM

Quote:

Originally Posted by Spunky

He should make it a 250k cap

Exactly.

The point is punishment. Not to live like a king.

crockett · 02-10-2009, 09:29 PM

Well Booo Hooo.. I guess that will teach them to run their companies into the ground then ask the govt for a bail out. Fuck them they can move to the slums for all I care.

Maybe when they can't pay theior mortage they will think twice about all the people they screwed with their ARM's and so on that led to their own failures.

bronco67 · 02-10-2009, 09:33 PM

I say fuck em, for basically raping and pillaging the system so they can live like fucking royalty. These assholes don't even actually produce anything. It's ironic that the people who make the most money do so because they are smart, crafty individuals. They don't deserve to live like kings for moving around the money of those who actually can create something. It's so backwards.

It's funny, and I hope they die soon.

$5 submissions · 02-10-2009, 09:38 PM

No caps. No bailouts.

fuzzylogic · 02-10-2009, 10:08 PM

Quote:

Originally Posted by $5 submissions

No caps. No bailouts.

you want to revisit 1932 again or did you skip american history?

qxm · 02-10-2009, 10:14 PM

The bailouts are necessary like it or not... these banks are rooted so deep in the economy's ass that letting them fail would endanger human kind ... yeah.. is that bad.. so the fuckers had to be bailed out by tax payers..... and now that their companies were saved by all of us they are fucking complaining their asses are not going to make it on 500K a year? .......... someone outta bitch slap those sons of bitches ...

This aint about socialism...cause the gvt is not doing the same thing with all CEOs .. (only the ones who fucked up big and are begging for money) ..... this is about the fuckers endangering the entire economy...... so now that the government tells them they ain't going to be playing with tax payers money.. they yell "Socialists!" ... I say GFY!

JD · 02-10-2009, 11:37 PM

oh those poor bankers. Let's start "banker-aid" and see if U2 will play it

fuzzylogic · 02-11-2009, 12:37 AM

Quote:

Originally Posted by qxm

The bailouts are necessary like it or not... these banks are rooted so deep in the economy's ass that letting them fail would endanger human kind ... yeah.. is that bad.. so the fuckers had to be bailed out by tax payers..... and now that their companies were saved by all of us they are fucking complaining their asses are not going to make it on 500K a year? .......... someone outta bitch slap those sons of bitches ...

i am glad you get it.

tony286 · 02-11-2009, 12:38 AM

my heart bleeds for them really it does lol

bloggerz · 02-11-2009, 12:43 AM

500k is a lot of money...

KillerK · 02-11-2009, 01:16 AM

500k isn't shit... After you pay 60% in taxes you don't really have all that much leftover.

Also, some of these CEO's were brother in AFTER the failure. If they don't pay them decent they will leave for a different industry.

Davy · 02-11-2009, 02:01 AM

Try to live from 500k in Luanda...

collegeboobies · 02-11-2009, 02:05 AM

well i would love to try

dav3 · 02-11-2009, 02:21 AM

gonna have to give up the chauffeur now... i feel really sorry for them

ADL Colin · 02-11-2009, 03:36 AM

People think there is a difference between Main Street and Wall Street. There's not. nearly all those banks and financial companies are public companies owned by millions of regular Americans (and non-Americans for that matter). JThe banks owners are regular people saving for their retirement in their 401ks and through mutual funds. Even the biggest shareholders are large public companies owned, again, by the citizens of Main Street. The same people who lost 30% of their home equity and 45% in their 401k, the same people who bought options ARMs, the same people who bought into "Real estate never decreases in value" own Wells Fargo, Citigroup and Bank of America. Either directly through mutual funds. The result is the same. Main Street *is* Wall Street.

02-10-2009, 06:23 AM	#1
fuzzylogic Confirmed User Join Date: Jun 2004 Location: buffalo, las vegas. icq: 285808879 Posts: 4,796	You Try to Live on 500K in This Town check this very cool article that breaks down living expenses on NYC bankers which provides a neat glimpse into a high-end way of living. it provides an understanding why they will be very unhappy about higher taxes and a salary cap of 500k. They just will not be able to survive. "Five hundred thousand dollars ? the amount President Obama wants to set as the top pay for banking executives whose firms accept government bailout money ? seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast." http://www.nytimes.com/2009/02/08/fa...lfmill.html?em

02-10-2009, 06:26 AM	#2
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	it's hard yea __________________ BUY MY SIG - 50$/Year Contact here

02-10-2009, 06:29 AM	#3
Domain Diva Too lazy to set a custom title Industry Role: Join Date: Oct 2007 Location: UK/USA/Canada ICQ : 494318698 Email:[email protected] Posts: 10,180	It seems big earners dont think they have to make any cut backs, even when the places they work are getting bailouts ! __________________ Cams-Tube-Dating Domains Available At Trade Prices ! Domains For Sale ICQ:494318698

02-10-2009, 06:29 AM	#4
Nicky Judge Jury and Executioner Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,069	Times are tough __________________ gfynicky @ gmail.com

02-10-2009, 07:03 AM	#8
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,912	Oh Darn. They might have to give up 1 of the vacations a year and cut back on the price of another.. Sad that my last vacation for 3 adults and 1 child cost me a little over 1200$ for 5 days. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

02-10-2009, 06:34 AM	#5
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	the $500k limit is putting a burden on many individuals

02-10-2009, 06:37 AM	#7
Fucksakes Shit... Fuck! What the Hell? Industry Role: Join Date: Dec 2003 Posts: 7,567	they are complaining? sounds like my fucking kids. wish i had a nanny, main and personal trainer.

02-10-2009, 07:11 AM	#9
junction Confirmed User Industry Role: Join Date: Dec 2002 Location: Midwest Posts: 2,411	Waaaaaaaaaaahhhhhhhh! Fucking babies.

02-10-2009, 07:21 AM	#10
Manowar jellyfish Join Date: Dec 2003 Posts: 71,528	gotta suck for public opinion to cap your livelyhood like that

02-10-2009, 07:29 AM	#12
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,019	bankers could camp in tents in Central Park, it's big enough

02-10-2009, 07:31 AM	#13
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Government should not be setting executive compensation, but they should not be in the bailout business either. __________________ Boner Money

02-10-2009, 07:45 AM	#16
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	Fuck them. They sure fucked a lot of other people.

02-10-2009, 07:45 AM	#17
cwd Confirmed User Join Date: Feb 2006 Location: In a dream Posts: 1,955	do they think they are going to get sympathy by complaing about making "only" 500k?!?! Idiots...no wonder their banks failed.

02-10-2009, 07:47 AM	#18
Twistys Tim Confirmed User Join Date: Apr 2008 Location: Twistys HQ Posts: 1,923	These 'successful bankers' should count themselves lucky they were not caught doing what they have been doing in China. There, they would have most likely received a single gun shot to the back of the head, not a cap of $500k per year. LOL __________________ $100 PPS Xmas Promo [email protected] ICQ 311545482 Skype timmy_vee

02-10-2009, 07:53 AM	#19
Antonio Too lazy to set a custom title Join Date: Oct 2001 Location: Spartaaaaaaaaa Posts: 14,136	send them to Syberia

02-10-2009, 07:59 AM	#20
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	boo hoo... __________________ you don't know you're wearing a leash if you sit by the peg all day..

02-10-2009, 09:05 AM	#21
WebairChris Confirmed User Join Date: Feb 2008 Posts: 245	$500K is a lot of money even for someone who lives in New York. The only interesting line in that article is this one, which is scary also for the middle class who live in NY: "But in New York, where a new study from the Center for an Urban Future, a nonprofit research group in Manhattan, estimates it takes $123,322 to enjoy the same middle-class life as someone earning $50,000 in Houston, extricating oneself from steep bills can be difficult." __________________ Industrial Strength Webhosting Since 1996! Multiple Datacenter Locations Managed Dedicated • Virtual Hosting • Colocated [email protected] • 1.866.WEBAIR1 *Webair Economy Buster Hosting Special!*

02-10-2009, 10:32 AM	#22
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	It's a matter of perspective, some people think 50k/year is a lot of money.... others think that 100k/year is great... then once they get there they realize it's not really THAT much... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

02-10-2009, 11:06 AM	#23
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	Thats a lot of money!!! __________________ I'm just a newbie.

02-10-2009, 01:59 PM	#24
John-ACWM Work Work Work Industry Role: Join Date: Nov 2008 Location: EU Posts: 20,060	'banker'....what a job __________________ Video Chat Forum

02-10-2009, 02:11 PM	#25
mozadek Confirmed User Join Date: Feb 2008 Posts: 1,325	Tell those assholes to move to Jersey, put their kids in private school and have their wife watch the kids instead of shopping all day.

02-10-2009, 02:16 PM	#26
Paper_Amar Confirmed User Join Date: Jun 2007 Location: North Miami Beach, Fl Posts: 2,607	i have no issues with this. These are companies that need a bailout. If your company is kicking ass, feel free to get paid whatever the hell it is that you want. __________________ My icq; 4 4 7 5 4 2 1 2 8 Amar @ paper street cash .com

02-10-2009, 02:28 PM	#27
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	__________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

02-10-2009, 07:51 PM	#30
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,391	Same here in LA...

02-10-2009, 08:03 PM	#31
ExLust Confirmed User Join Date: Aug 2008 Posts: 3,223	Tempting.... __________________ BE A PARTNER

02-10-2009, 09:12 PM	#34
D Ghost null Industry Role: Join Date: May 2006 Posts: 9,820	good article...

02-10-2009, 09:18 PM	#35
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,919	He should make it a 250k cap __________________ *Skype : Spunky GFY*

02-10-2009, 09:29 PM	#37
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	Well Booo Hooo.. I guess that will teach them to run their companies into the ground then ask the govt for a bail out. Fuck them they can move to the slums for all I care. Maybe when they can't pay theior mortage they will think twice about all the people they screwed with their ARM's and so on that led to their own failures. __________________ In November, you can vote for America's next president or its first dictator.

02-10-2009, 09:33 PM	#38
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,035	I say fuck em, for basically raping and pillaging the system so they can live like fucking royalty. These assholes don't even actually produce anything. It's ironic that the people who make the most money do so because they are smart, crafty individuals. They don't deserve to live like kings for moving around the money of those who actually can create something. It's so backwards. It's funny, and I hope they die soon. __________________

02-10-2009, 09:38 PM	#39
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	No caps. No bailouts. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

02-10-2009, 10:14 PM	#41
qxm Confirmed User Join Date: Jul 2006 Location: NoHo Posts: 5,970	The bailouts are necessary like it or not... these banks are rooted so deep in the economy's ass that letting them fail would endanger human kind ... yeah.. is that bad.. so the fuckers had to be bailed out by tax payers..... and now that their companies were saved by all of us they are fucking complaining their asses are not going to make it on 500K a year? .......... someone outta bitch slap those sons of bitches ... This aint about socialism...cause the gvt is not doing the same thing with all CEOs .. (only the ones who fucked up big and are begging for money) ..... this is about the fuckers endangering the entire economy...... so now that the government tells them they ain't going to be playing with tax payers money.. they yell "Socialists!" ... I say GFY! __________________ ICQ: 266990876 Last edited by qxm; 02-10-2009 at 10:15 PM..

02-10-2009, 11:37 PM	#42
JD Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Posts: 22,651	oh those poor bankers. Let's start "banker-aid" and see if U2 will play it

02-11-2009, 12:38 AM	#44
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	my heart bleeds for them really it does lol

02-11-2009, 12:43 AM	#45
bloggerz Too lazy to set a custom title Industry Role: Join Date: Dec 2006 Posts: 16,256	500k is a lot of money... __________________ I SELL ADULT BACKLINKS! Email: eroticweb>gmail SKYPE: gfybloggerz $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

02-11-2009, 01:16 AM	#46
KillerK Confirmed User Join Date: May 2008 Posts: 3,406	500k isn't shit... After you pay 60% in taxes you don't really have all that much leftover. Also, some of these CEO's were brother in AFTER the failure. If they don't pay them decent they will leave for a different industry.