From earning six figures to hoping for $7 an hour

http://www.cnn.com/2009/LIVING/worklife/01/15/job.mob/index.html?iref=mpstoryview

updated 12:11 p.m. EST, Thu January 15, 2009

From earning six figures to hoping for $7 an hour

By Jim Spellman
CNN

AURORA, Colorado (CNN) -- In her best year as a mortgage broker, Laura Glick says she made "six figures." This week she was one of more than 1,200 people attending a job fair and applying for one of 150 jobs paying between $7 and $12 an hour at a new Kohl's department store in a Denver, Colorado, suburb.

She has been out of work for seven months and never thought it would take her this long to find a job. It's not the kind of job she thought she would be applying for, but she has a case of the jitters just the same.

"Your heart starts to race, and you get nervous even though it is not some big job like you used to have," she said. "I'll take anything at this point."

Glick is not alone. Many other people have lost their jobs in this tough economy.

A record number of jobless claims was set last month, when first-time claims hit a 26-year high of 589,000 claims in one week. Last week's claims also broke the half-million mark, 524,000, according to a new government report cited on CNNMoney.com.

Glick, 29, has been living on about $1400 a month in unemployment benefits, barely enough to cover her rent and health insurance. To get by she has stopped eating out, given up cigarettes and has stopped taking her pets to the vet for regular checkups.

Was she one of those brokers who busted her ass to get ARMs for people who wouldn't be able to afford them once the rates went up?

Another corp media high-profile "broken economy" story featuring another dislocated **6-figure mortgage pro.** I say "another", because we just had another featured DU media story with the exact same story-line a couple weeks ago.

What to make of the MSM's most recent obsession?

>>>>>Glick, 29, has been living on about $1400 a month in unemployment benefits, barely enough to cover her rent and health insurance. To get by she has stopped eating out, given up cigarettes and has stopped taking her pets to the vet for regular checkups.<<<<<

Yeah? What's her point? This is how the rest of us live ALL THE FUCKING TIME. Quitting smoking is a GOOD idea--she should have done it sooner. Eating out is costly, period. And yes--I feel sorry for the pets, as I too have had a hard time bringing my own kits in. One died as a result of my poverty-stricken situation. I loved him dearly, but no money IS NO MONEY.

Deal. We ALL have to.

Laura probably thought the ride would last for ever and spent every dime she made.