Thursday, July 2, 2009

# of keys = degree of burn

This was my garage back in Birmingham, Michigan.

Before The Fall...

The Fall of Wall Street.

The Fall of the housing market.

The Fall of my own puny fortune.

One day, everything just went into a free fall.

The car on the left, I sank about $12,000 into. I had to sell it for $4000. The car on the right cost me about $1200 a month. I traded it in for a used 750i and reduced my payments by about $400 a month. Whoop-de-fucking-doo. Now the 750i is about to be repossessed.

More falling.

The vehicle not seen in this shot (taken in the driveway of the $3500-a-month leased house, btw) was a 2007 Chevy Silverado LTZ with all the trimmings.

It fell out of my view last January when I had to turn it in because I could no longer afford the payments.

Moral of the story?

Something a good and wise friend of mine back in NYC once said to me as I began to accumulate things... He was studying my key ring at a bar one evening and holding it up in the dim light he said, “Be careful how many keys you own, for they will own you even more.”

Silverado Campaign created during more flush times.