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Down on luck Loren Krytzer who sold blanket for $1.5 million has new woes. Login/Join 
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Picture of grumpy1
posted
Wow, am I supposed to be sorry for this guy? He was dead broke and sells this blanket he inherited from his grandmother for 1.5 million dollars and then goes on a spending spree. What a fucking idiot. Check out all the stuff he spent his money on including two homes, a Dodge Challenger SRT9 customized by West Coast Customs, and a new Harley.

But oops, the insurance and property taxes are killing him and his disability was cut off. Roll Eyes Didn't think out that part did you Loren? Gee how about selling one of those homes maybe or one of those shiny new toys. You expected to still be on the dole courtesy of working tax payers after that kind of windfall?

http://www.inticweb.com/top-st...s-new-woes-971-2017/

Loren Krytzer, a California man down on his luck got a change of fortune after a blanket he inherited from his grandmother sold for nearly $1.5 million at an auction.

Loren Krytzer was involved in a car accident in 2007, after which he was forced to have his foot amputated and could no longer continue working as a carpenter.

After having used most of his newfound fortune buying two homes in Central California, a Dodge Challenger SRT8 customized by West Coast Customs (the team made famous in MTV’s Pimp My Ride), and a Harley-Davidson motorcycle — things he never dreamt of owning before. Krytzer says, he is losing about $10,000 a year in insurance and property taxes alone.

With no income stream now that his disability checks were cut off, Krytzer says that to continue living off his windfall he’ll have to relocate to somewhere where the costs of living are lower.

“We’re getting taxed to death here. I can’t afford it,” he says. “I’m from California, I grew up here, but without working, it’s just hard to survive.”
 
Posts: 9747 | Location: Northern Illinois | Registered: March 20, 2009Reply With QuoteReport This Post
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Posts: 841 | Location: DFW | Registered: January 04, 2017Reply With QuoteReport This Post
Too old to run,
too mean to quit!
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Yeah, find it hard to feel sorry for him.


Elk

There has never been an occasion where a people gave up their weapons in the interest of peace that didn't end in their massacre. (Louis L'Amour)

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Posts: 25644 | Location: Virginia | Registered: December 16, 2001Reply With QuoteReport This Post
Fighting the good fight
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That's typical for many lottery winners and others who get an unexpected windfall.
 
Posts: 32515 | Location: Northwest Arkansas | Registered: January 06, 2008Reply With QuoteReport This Post
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I would like to see the blanket.


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Mark Twain
 
Posts: 12685 | Registered: January 17, 2011Reply With QuoteReport This Post
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quote:
but without working, it’s just hard to survive.”

Can't work with your disability, but you can drive a supercar and ride a Harley? Go fuck yourself, deadbeat.
 
Posts: 2485 | Location: WI | Registered: December 29, 2012Reply With QuoteReport This Post
A Grateful American
Picture of sigmonkey
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I started a help page for him.




"the meaning of life, is to give life meaning" Ani Yehudi אני יהודי Le'olam lo shuv לעולם לא שוב!
 
Posts: 43886 | Location: ...... I am thrice divorced, and I live in a van DOWN BY THE RIVER!!! (in Arkansas) | Registered: December 20, 2008Reply With QuoteReport This Post
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Posts: 5181 | Location: 20 miles north of hell | Registered: November 07, 2012Reply With QuoteReport This Post
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Isn't this the story of how after buying a home, you invest? Maybe not be a bum? I got a few pointers/people I know who work with those type of things.


Used guns deserve a home too
 
Posts: 783 | Location: North Ga | Registered: August 06, 2016Reply With QuoteReport This Post
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Picture of grumpy1
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quote:
Originally posted by bigwagon:
quote:
but without working, it’s just hard to survive.”

Can't work with your disability, but you can drive a supercar and ride a Harley? Go fuck yourself, deadbeat.


No kidding. Maybe he should have first looked into a prosthetic for his foot or getting re educated or better yet both.
 
Posts: 9747 | Location: Northern Illinois | Registered: March 20, 2009Reply With QuoteReport This Post
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quote:
Originally posted by RogueJSK:
That's typical for many lottery winners and others who get an unexpected windfall.


People smart enough to not piss away their winnings don't often play the lottery.
 
Posts: 3468 | Registered: January 27, 2008Reply With QuoteReport This Post
Step by step walk the thousand mile road
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All that and he's cold too, since he no longer had a blanket.

Schmuck.





Nice is overrated

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Airsoftguy, June 29, 2018
 
Posts: 31445 | Location: Loudoun County, Virginia | Registered: May 17, 2006Reply With QuoteReport This Post
Just because you can,
doesn't mean you should
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So you use a few of the dollars from the windfall and get a prosthetic foot, then get a job like you had before.
He's not lacking in luck, just motivation.


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quote:
Originally posted by wcb6092:
I would like to see the blanket.


A rare Navajo blanket, this is the one he sold.

 
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Looks like a bath towel in my hamper.


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delicately calloused
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There is a reason some people are poor.



You’re a lying dog-faced pony soldier
 
Posts: 29704 | Location: Highland, Ut. | Registered: May 07, 2008Reply With QuoteReport This Post
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quote:
“We’re getting taxed to death here. I can’t afford it,” he says. “I’m from California, I grew up here, but without working, it’s just hard to survive.”


Looks like he has seen the folly of wealth redistribution and is moving out.
 
Posts: 2520 | Location: High Sierra & Low Desert | Registered: February 03, 2011Reply With QuoteReport This Post
Stop Talking, Start Doing
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quote:
Originally posted by lbaker45:
quote:
Originally posted by wcb6092:
I would like to see the blanket.


A rare Navajo blanket, this is the one he sold.



Apparently when it was made, in the 1800s, it cost roughly 10 years worth of salary for even the rich folks.


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Posts: 5072 | Location: The (R)ight side of Washington State | Registered: August 31, 2011Reply With QuoteReport This Post
Get Off My Lawn
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quote:
Originally posted by sigmonkey:
I started a help page for him.


I was expecting a Rick Roll Big Grin



"I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965
 
Posts: 16704 | Location: Texas | Registered: May 13, 2003Reply With QuoteReport This Post
delicately calloused
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I know a guy who humbly worked as a grocery store butcher his whole working career. He graduated from high school and went right to work. He saved and invested from every paycheck to the point that it hurt. Little by little over the years he became a millionaire. He has his pension from the meat packing union, but it is survival money. His real wealth came from careful delayed gratification and investing conservatively. Having done that, when opportunities came to make greater money, he had the assets to capitalize. After 40 years in the meat biz as a lowly butcher, he retired a few years ago. He will always be wealthy because he earned it and learned how as he went. Loren Krytzer is a fool. He wasted his opportunity. He did not learn the lessons my friend did and hence the wealth was fleeting.



You’re a lying dog-faced pony soldier
 
Posts: 29704 | Location: Highland, Ut. | Registered: May 07, 2008Reply With QuoteReport This Post
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