« Steve King's my Rep - I'm so proud | debbiedoesnothing's Blog | Where Boehner got his number ... »
One degree of Kevin Bacon
David Kurtz noted that Madoff made off with the ACLU's money. Another of his victims: Kevin Bacon and wife Kyra Sedgwick. They lost everything but their houses and what was in their checking account. Now, he's desperate to work as much as he can. I'm going to guess no more pet projects and indie films for them.
Yes, I read celebrity gossip columns. And I am not ashamed! I knew John Edwards was boinking someone not his wife before a lot of you yahoos did. ;-)
Yes, I read celebrity gossip columns. And I am not ashamed! I knew John Edwards was boinking someone not his wife before a lot of you yahoos did. ;-)
Advertisement
Boinking. Tsk, tsk, tsk.
A bunch of the 'super rich' (people with five or more mill, less than 20 mill) really got fleeced.
Kevin has directed a few of her episodes. One of my favorite shows actually. 'Thank yoooo, thank yoooo very much.' I love that show.
He probably can do an orange juice commercial on the cheap.
But what does the dry wall guy who is getting part time gigs and lost half his 401k do?
January 23, 2009 12:49 PM | Reply | Permalink
Kevin sings really well too. I saw him do a musical number on SNL once and I thought "Wow!". He could be the next Hasselhoff and bring in some overseas money!
Crap..I couldn't find the SNL skit, but found one even better!
Here is Kevin performing at the Iowa Caucuses for guess who????
John Edwards!
Too freaking funny
January 23, 2009 1:13 PM | Reply | Permalink
Kevin had me at the shower scene in Wild Things. I would pay good money to see that again.
January 23, 2009 1:16 PM | Reply | Permalink
Girls, girls, girls, calm down now.
January 23, 2009 3:17 PM | Reply | Permalink
As the proud child of a man who raised his family doing drywall, I can tell you, there are no 401k's for these folks. My experience was that we generally lived paycheck to paycheck. Some years were feast while others were famine. Thank God we had no major health issues because we also had no health insurance for most of my life. I can also tell you that these guys actually doing the drywall generally don't sit down and watch the markets because they're usually working their asses off. It's back breaking work.
I know that middle class, white collar folks who are watching their 401k's shrink are panicking, but the folks who do dry wall just see it as another famine period and are getting ready to hunker down and hustle any kind of work they can find. It's not fun, but I had a great childhood and both my parents provided me with one hell of a work ethic.
January 23, 2009 1:41 PM | Reply | Permalink
I grew up in a family like yours. No investments, not enough left over at the end of the month for savings. We had health insurance but still couldn't go to the doctor for non-emergencies because my folks couldn't afford the deductibles. My dad died years ago and Mom's scrimping by on Social Security. (There are so many things that could be improved about that program - ways to cut costs without hurting people who depend on it - but I won't go into that.)
Several of my friends are college professors at small liberal arts colleges so they didn't make much. Now they're nearing retirement age. All their money was in 401k's and real estate (their own homes). Now, they're hunkered down knowing they'll have to keep working instead of retiring. They have tenure, but they probably won't be getting any raises because the schools' endowment funds have been devastated.
January 23, 2009 1:56 PM | Reply | Permalink
I'm not concerned about myself. But I am concerned about the elderly parents, who lived through the Depression as children and have always saved, put 3 kids through college long ago, and are now seeing their savings dwindle. Folks like them have no time for stocks to come back. No time for housing values to come back. Keep an eye on elderly folks on your block.
January 24, 2009 12:09 PM | Reply | Permalink
If Kevin Bacon lost all that he was a fool. Those who put all their money into the hands of one man, were fools. It just goes to show how fools and their money are soon parted.
After all that,however, I think Kevin Bacon is one of the hardest working actors in Hollywood. I wonder who has done more movies then he has in as many years. Given his value even to this day, it won't be long before he gets his bank roll back. He will have to lose a lot more then that before I would say it sucks to be Kevin Bacon.
January 23, 2009 3:13 PM | Reply | Permalink
Well aside from working hard all his life, my dad is also very wise. He's always lived by the philosophy that you can't lose much if you don't have anything to begin with. He never had credit cards and he hated being in debt. He lives off social security and gets health benefits through the VA, and I can guarantee you that if you met him, you couldn't find a more contented man. Because of my parents, I worked hard and became one of those middle-class white collar people. My husband and I have watched our 401k shrink just like everyone else, and I am really thinking about my dad and his philosophy quite a bit these days. I can go into "famine mode" rather easily. So as long as we have enough to feed our kids, pay our mortgage and keep going to the doctor, I will be happy, but we've never lived on having to have the "extras", and if we lose those which we have acquired, I won't be terribly upset. I don't know about folks who have never gone through such an existence before. It must be really freightening.
January 23, 2009 3:22 PM | Reply | Permalink
genkal, thanks for sharing your story! Our family is much like yours. We started w/ nothing and have built up a comfortable life. In the early days we lived from paycheck to paycheck. As my husband got raises and promotions, a little went into the budget, but most went into savings and eventually investments. As a result, we were able to raise our children, educate them and build up a comfortable nest egg. We are now retired (early.) Our needs are few, our only debt is the mortgage on a 2nd home, and short of the country going completely upside down, we will be okay.
We have passed our work/saving ethic on to our kids. Aside from the fact that they need jobs to pay their mortgages, they have no additional debt, and if they have to walk away from their houses, we can all move into the house that is paid for, and we'll get by. "Stuff" is not all that important to any of us...
January 23, 2009 5:17 PM | Reply | Permalink
The ability to live on little, to appreciate the little things that are free, and to set your priorities and values to what really matters in life, gives one a great deal of inner peace and freedom from fear.
Some seem to believe that economic adversity will necessarily lead to lawlessness and preying upon one another. I disagree. I think under Obama we will find outbreaks of neighborliness within the country - the likes of which may surprise those who want us to be afraid.
Love your neighbor. Now's the time!
January 24, 2009 12:04 PM | Reply | Permalink
Maybe Kevin can go back to the Guiding Light. Lots of out-of-work people are probably watching soaps again. But that's really all the free advice I can offer.
January 23, 2009 3:23 PM | Reply | Permalink
Can Congress add Kevin Bacon to the bailout package? I've hearted him since Footloose and can't bear to see him turning down roles like Frost/Nixon, reduced to doing more crap like Stir of Echos for a paycheck. It's in the best interests of our nation.
January 23, 2009 7:57 PM | Reply | Permalink
Girls, girls, girls. Such adoration. Actually I always liked the guy. Good actor, good father, and sticks with his woman.
January 24, 2009 11:32 AM | Reply | Permalink
I think of his final scene in "Animal House" every time we have a server meltdown at the office.
I haven't looked at my 401(k) balance since early last September and, barring some event that makes it necessary, I don't plan to look again until 2010 at the earliest.
January 24, 2009 12:15 PM | Reply | Permalink
Kevin has a brother. The brothers have a band. If times get really rough they can always sing and play on a street corner and then pass the hat. :o)
http://www.baconbros.com/site.php
January 24, 2009 11:03 AM | Reply | Permalink