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We think we have problems...
| Fri, 06-26-2009 - 11:07pm |
Michael Jackson was 400 million dollars in debt or so they said on Dateline. They were speculating what would happen to that debt now that he's dead. Will there even be anything left over for his children? How bad will the debt collectors get in pursuit of whatever estate is left? Today on the top selling albums, the first 15 were all michael jackson albums. It makes me think...who's making the money on those albums? Talk about a person who needed to learn to live within his means...he was spending 20 million a year over his actual income...I believe that's right. Basically he was spending 2-3 times more than he earned. Crazy! This new tour he was doing this summer was supposed to help fix that. They said that they are going to perhaps take his rehearsal tapes and create a show from those. I feel bad for his kids, who are bound to end up just as weird as he was. Hopefully some of the strangeness of their childhood can be reversed. I'm really sad that Michael Jackson died. I love his music, it's the only music I could probably listen to all day without getting bored. They played it all day on the radio...it was great!

I think you're right Abbie. It's not how much you earn, it's how you live. He's the perfect example of not living within his means.
Really puts my $11,000 debt into perspective :)
Dee