The Diva's Random Thoughts: Ignorantnomics

Thursday, August 7, 2008

Ignorantnomics

Posted by Diva's Thoughts at 9:33 AM

I'm sure you are wondering what "Ignorantnomics" is. It's a term I coined yesterday actually after witnessing some really ignorant economic decisions made by some people.

Ignorantnomics is when you are 2 months behind in your mortgage/rent but when you win $12,000 in the lottery you buy a flat screen plasma TV instead.

Ignorantnomics is when your kitchen is falling apart and you decide to put a deck on the back of the house instead.

Ignorantnomics is when you and your kids need clothes and shoes but you buy rims for your car instead.

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37 People saying stuff:

Karen said...: I know a lot of people like that; August 7, 2008 at 10:29 AM
Joe said...: I think I see a book deal for you if you can expand on this idea.

Make sure to send me an autographed copy when it's all said and done.; August 7, 2008 at 11:16 AM
1/3 said...: LOL yea I dont understand why people are being so foolish with their money when the economy is in such bad shape. Ignorantnomics is the perfect word to describe these people lol; August 7, 2008 at 11:22 AM
charmcitygirl said...: I used to be in banking and it is so scary how people spend their money and the reasoning behnd it.; August 7, 2008 at 11:55 AM
shorty said...: Do you have a point? lol

It's all about priorities!; August 7, 2008 at 12:31 PM
*Tanyetta* said...: You ain't NEVAH lied

Ignorantnomics is when you and your kids need clothes and shoes but you buy rims for your car instead.

MY RIMS IS SPINNIN! THEY SPINNIN!; August 7, 2008 at 12:35 PM
Jeni said...: HOw true, how true! How on earth much was that flat screen plasma tv set anyway? Winning $12,000 surely should have covered the tv and catchup ball with the rent you'd think.; August 7, 2008 at 12:52 PM
Anonymous said...: LMBAO! Only US I swear...; August 7, 2008 at 1:41 PM
Anonymous said...: You got that right! Might not have electricity, but they damn sure have that HD plasma TV...; August 7, 2008 at 2:15 PM
Anonymous said...: Ignorantnomics- consider the term jacked! I'll give you credit of course.; August 7, 2008 at 3:21 PM
CarmenSinCity said...: I love it!!!!!!! Brilliant and so true!; August 7, 2008 at 10:50 PM
Anonymous said...: ha! i love it. it's priceless.; August 7, 2008 at 10:57 PM
Moe Wanchuk said...: It's what our whole society has become.
"Let someone else pay for it."
WE..the taxpayers are that "someone"

Most of America, this November, will vote for the candidate, that they believe, will GIVE them the Most!

Makes me sick.

It will be the downfall of the U.S. Empire; August 7, 2008 at 11:15 PM
Melissa said...: Love the word!
Isn't it amazing what people do with money? You really have to wonder if they are even thinking when they make those purchases.; August 8, 2008 at 6:39 AM
Anonymous said...: Sheesh! It's why these people are where they are...priorities!; August 8, 2008 at 7:40 AM
laughing said...: Unfortunately, this is not even a new trend, and there are already several books on the subject.; August 8, 2008 at 7:49 AM
laughing said...: George Orwell's Road to Wigan Pier is a good book on the subject.

And if you really want to know what I think on the subject
http://insidioustruth.blogspot.com/2008/02/poor-people-do-not-know-how-to-spend.html

Not quite as long as Mr. Orwell's book, but much to long to write as a comment in someone else's blog.; August 8, 2008 at 8:42 AM
Trixie said...: Very good Diva! And all so true!; August 8, 2008 at 10:01 AM
Anonymous said...: It's scary how many people are like that too.; August 8, 2008 at 10:39 AM
Moooooog35 said...: So...

...you're saying the plasma is a bad idea? I don't get it.; August 8, 2008 at 11:56 AM
E2Deep said...: LMAO Some of my friends are like that!; August 8, 2008 at 12:03 PM
imbeingheldhostage said...: Oh hey, I KNOW those people!!; August 8, 2008 at 12:34 PM
Terri said...: come on back over to my blog; I posted the you tube links for Mary and Nigel's dances! :o); August 8, 2008 at 12:35 PM
Scrapping My 2 Precious Gems said...: What the....?

I shouldn't be so surprised. I have a family member who was behind on rent and called me for a loan of $500 which I sent Western Union (cost me an extra $60 or so). Don't you know later I find out when he got evicted 2 weeks later that he took the $500 to go to DISNEY WORLD with his pregnant girlfriend.
Ignorantnomics is the name for this fool too. You rather use the money you asked as a loan for Disney instead of a place to stay for you and your pregnant girlfriend??? Let's just say, I never did see ANY of my $500 back either. Live and learn!; August 8, 2008 at 6:28 PM
xxxx said...: i feel you i see alot of people like that and it makes me so upset. but like you said its ignorance. but what can you say to people like that? nothing!; August 8, 2008 at 8:53 PM
Anonymous said...: Um, don't read my latest post then babe, cause I am totally part of that crowd...

Well not really ;); August 10, 2008 at 3:29 AM
That girl said...: Ignorantnomics is fueled by the banks and other lending institutions that offer to bail you out of your high debt by... yes, lending you more money and using your house as the collateral.

HOW in the world is THAT a good decision?

If you can't afford to pay back the loan you already have, stop borrowing!!

Jeeez... yup, it's a way of life in our country.; August 10, 2008 at 11:03 AM
Couture Carrie said...: Funny!!!
The text oops post below is hysterical also!; August 10, 2008 at 12:35 PM
dmarks said...: I do wonder at those on food stamps who buy 2 packs a day of cigarettes.; August 10, 2008 at 3:26 PM
Chari said...: Shut....it....up! lol; August 10, 2008 at 6:08 PM
Vixen said...: That's a good one! I always refer people to Dave Ramsey when they do stupid stuff like that.; August 11, 2008 at 1:45 AM
Rita said...: or they ask for money to family members and you see them eating out all the time.; August 11, 2008 at 8:37 AM
Eb the Celeb said...: You have officially hipped me to a new word; August 11, 2008 at 9:23 AM
CC Solomon said...: I see a lot of people practicing that!; August 12, 2008 at 8:31 PM
Angel said...: Wow... I thought WE made bad financial decisions. Now I don't feel so ignorantnomic.; August 13, 2008 at 9:32 AM
Lys said...: LOVE this post!!

Hey - in Orlando there are signs everywhere where people can "rent" rims. Hot damn - now that's the height of foolishness if you ask me.; August 13, 2008 at 6:48 PM
Steve H said...: Ignorantnomics has caused all of my savings plans to go to hell. we are not in a mortgage crisis we are in a stupidity crisis.

great post!; August 13, 2008 at 8:58 PM

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Thursday, August 7, 2008

Ignorantnomics

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