Cheat Sheet
The Best In Brief
Nicolas Cage Loses Two Homes
Nicolas Cage has lost a lot of his national treasure in the past two weeks, and two New Orleans homes are the latest casualties of his financial collapse. The 45-year-old actor’s two historic French Quarter houses were purchased in a foreclosure auction on Thursday for $4.5 million. The sum, two-thirds of the real estate’s appraised value, went to Cage’s lender, Regions Bank, the only bidder in the auction. On Friday, movers were reportedly seen clearing out the Leaving Las Vegas star’s belongings. Coincidentally, Cage’s next film Bad Lieutenant: Port of Call New Orleans comes out this month as he continues to sell off homes in Los Angeles, Las Vegas and Rhode Island in order to pay off the $6 million he owes in federal taxes. Neither the actor’s representative or Regions Bank returned People’s calls for comment.
Partner Sites: Expedia| Hotels| Hotwire| Urbanspoon| Vimeo
Here today, gone tomorrow. There is a famous Chinese saying "now that my house has burned downed, I have a better view of the rising moon. Be happy, Mr. Cage! Desire really is the beginning of all suffering.
But what about the Bavarian castle?!
Apparently he was hedging on the legal limits of the US and for a good thing for him because he got played, just like anybody with assets in the US dollar. Being in the dollar is like being on a toboggan run.
I heard N. Cage's "spending problem" being discussed on a talk show recently. No one, though, mentioned the blatant immorality of owning/desiring so many material possessions in today's world. Possibly this had to do with the castles the overpaid (in my opinion) host/guests were going home to. I know, she's a socialist.
How did you graduate from high school without learning how to write an intelligible paragraph? Or did you?
You don't like what I have to say, so you critize how I write? Do I detect a hint of guilt?
Ask for a bailout.
Why should we care about Mr. Cage's shopaholic issues? We have people living out of cars and in cardboard boxes and he's whining about losing a few houses? His out-of-control spending only mirrors how he must be feeling in his life...shrug. He can go to a 12 step program for that. American workers aren't quite so lucky right now, trying to stay afloat this sinking U.S.S.ObamaNation tanker.
Makes about as much sense as blaming Roosevelt for the stock market crash and subsequent Depression. But it's good to know that MaeQueen is out there volunteering in food banks, helping people train for new jobs, helping them sort out their finances. You are so concerned, you must be doing this, right MQ?
You get what you vote for...
I had to explain this to my son today who is in Middle School so I will also explain it to you MaeQueen. George W. Bush came in with a surplus in the budget. It took him eight very long years to nearly run this huge prosperous nation the U.S.S. Titantic aground, but he managed to do it with his ignorance and the help of his lieutenants such as Cheney, Ashcroft, Rumsfeld, etc. etc. Eight years cannot be turned around in 10 months. It takes a new president a good 6 months just to get staff in place. This country was well on its way to another Great Depression by then. So do some reading, check your facts and then come back and make a coherent argument!
It was August 07 when real estate values/mortgages went over the edge. We have been living in a house of cards since then with no end in sight for the end of the collapse.
Thank you.
As a first time user, your comment has been submitted for review. It can take anywhere from a few hours to a day or two for your comment to be reviewed, depending on the time of week and the volume of comments we receive.
Please log in to leave comments.