Foreclosure Fridays Live 4

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Contents

June 29th 2007: in this IAFF talkcast, hosted from Casey's hideout in a Sydney red-light district convenience store,[1] Casey is ambushed by his haterz.

[edit] Summary

0:00:00 - Casey Serin
Casey opens the talkcast in caffeinated high spirits, laying down "house rules" and discussing his current situation.
0:07:04 - HeyCasey
HeyCasey asks Casey "how does it feel to be homeless?" and asks about CashCall, taxes, and what money Casey is sending home. Casey cuts him off: "the hate's starting to get a little crazy."
0:12:06 - The Dude
The Dude asks about Casey's marriage. Casey refuses to answer and cuts him off.
0:14:03 - Endgame
Endgame asks Casey if he's "looking forward about coming home?" and tells him "if you were my brother I would kick your ass."
0:18:06 - LossMitPro
The bomb drops: a cool but deadly LossMitPro informs Casey of impending Superior Court action and gives him a deadline to avoid it.
0:31:27 - HungryBear
HungryBear comments on Casey's associations: "It seems like you've been ripped off left and right."
0:38:20 - HeyCasey aka "Michelle"
HeyCasey asks why Casey reads his family's email and unmasks himself as Casey's putative host-turned-hater: "I was f*cking with you."
0:43:30 - Casey Serin
Casey monologues for a while and answers a few questions from the chat.
0:50:27 - Annie
Annie puts the screws on Casey until he cuts her off.
1:07:41 - Mocha
Mocha calls in but is unintelligible. Casey tries manfully to understand her but largely fails.
1:21:14 - Itsmecasey (Duane LeGate)
Duane is back. And he's angry. He reveals a Serin family meeting, presses Casey on payments, and is promptly cut off by Casey.
1:27:10 - GBroyles
GBroyles asks Casey about Cashcall: "Have you helped any of your family members borrow from them?" Casey says no, and still believes that, despite penalty interest and fees, he owes them only $10,000. Asked about his corporate borrowing, Casey clams up: "I'm not going to go into the corporation."
1:30:33 - Pink Lips
Finally, a supporter. Casey breathes a sigh of relief, only to cut her off after she calls Duane an "overgrown Opie that's maybe inbred."
1:31:24 - LostInTranslation
LostInTranslation attempts to read Casey mejustme's recent comment on IAFF[2] but Casey loses patience and LostInTranslation "signs off".
1:34:27 - SnapperDoo (previous caller Pink Lips under different alias)
Another supporter: the haterz are "totally obsessed with you."
1:41:34 - FillUp
FillUp blames Casey's "mistakes" on his youthful enthusiasm. "Your five percent scheme for every month is just sort of preposterous." "Yeah, I know." "Your casino deal was preposterous." "Yeah."
1:52:05 - SixFigureW2Looser
"You work harder at avoiding work than anyone I've seen."
1:59:27 - Casey
Casey winds up: "Keep it sweet." After a minute of silence, Casey realizes "oh crap, I forgot to terminate the show! Oops." In the live broadcast, his microphone remains open for several more minutes of heavy breathing and furious typing.

[edit] Opening Statement

CASEY
Welcome everybody to yet another edition of Foreclosure Fridays Live-- it's actually Saturday morning here in Sydney, Australia-- talkshow-slash-podcast. Quick shout out to Tavington for his creative attempt to do a wannabe Supporterz podcast, that guy gave it to the (mumble) it was pretty creative. Aside from that, it was a big troll... but hey, it was all good. So what are we gonna talk about today? We're gonna talk about Australia; obviously everybody wants to know how that's going. We're gonna touch on the book. Um, we might hit things like CashCall and whatever else, and then we'll open it up for questions. I was gonna have my Brisbane, my Australian host, on the show, but... wasn't able to do that, he was busy.
So, let's jump right into it, but before we do, some house rules: no talking about my family. Sorry guys, I wanna respect their wishes, but we're not gonna talk about it. And I will just say that we are communicating, we are in contact, and it's not as bad as everybody's talking, you know, says out there. Things are definitely not as bad. And so, that's all I can really say, and no, I didn't leave my wife stranded. I've been sending money home, which is great. I feel blessed being able to do that with the money I'm making for advertising, and extra exposure in Australia has brought extra advertisers, so this trip has been productive. And, uh, so, that's that, no family... unless it's a... we'll play it by ear, but if you start getting in that direction, we'll have to mute you. Alright, let's get started.

(1:48)

Australia. What can I say about Australia? It's been a fun time. Um, came out here, you know one of the supporters of the blog that's been a reader for several months decides to give me a chance to come out and relax and kinda think about stuff and spend some productive time. Another supporter in Canada offered a thousand dollars to me to keep blogging, and he was cool with me buying a ticket, so I took that opportunity and I came here. So, nothing (mumble). The guy in Australia ended up being a really nice guy. I took quite a bit of a risk, coming out, without ever talking to this guy on the phone, we've only exchanged a few emails, and so... but yeah, he ended up being a cool guy, entrepreneur, very supportive in a lot of ways, so that's been a good thing. And, no, it's not as bad as it sounds. The complications we had was simply just a little bit of miscommunication. They weren't exactly sure how long I was gonna stay, and already had some previous plans for some other guests to show up and use the guestroom. So once we figured out that it was time for me to find a new place, it was all good, I just said "no problem, we will get another place" and then, um, the guests actually ended up coming much later, so I ended up staying there for several more days. And then of course I, during that time we drove over to Sydney for a quick visit, and then, now I'm in Sydney because I was doing that interview with, with Triple J, which was pretty good... although that was kind of a tough interview, the guy threw a few questions at me, kept trying to put me in a corner, like, "hey, are you a con man?" or, you know, "did you commit mortgage fraud" and kept trying to get me to admit all that stuff! And y'know it's not that clear cut, it's not black and white, y'know, you gotta consider all the things that are going on. Of course, I don't blame nobody, I take responsibility but, um, he kinda tried to make me sound bad, or look bad, but hey! He also had some good questions. Anyway, that was pretty good. Good exposure. So what, how is that trip going, is this productive or is this a waste of time, I have all of this debt, wwhy am I out in Australia? Well, at first I thought this would be great productivity time to get away, this and that... but then, now that the trip has been leaked out there, and the, you know, I got interviewed by the Sydney Morning Herald, which is really sweet coverage, that brought in lots of great traffic, some new Australian supporterz, and traffic means additional revenue from advertising, which is always good, allows me to survive longer and continue working on high leverage projects to be able to pay off all the debt. So, good, good stuff is happening here, um, having a good time, uh, will be coming back soon, not exactly sure when but that's all being confirmed as we speak. I have another supporter who's willing to pay for the trip back, thank you for that very much, and no, it's not somebody from my family, that's, people speculate, read so much into this crap. Somebody completely different. And he may come on the blog eventually. He expressed interest in being a character, although I keep warning him, the Haterz, they're pretty crazy!

(5:20)

Anyway, we have lots of people listening in, we have a few people on the phone, and so, let me just address, before the questions, I'll address the whole, um, book thing. As many of you know it's a joint venture I have going on with this publishing company, and we're looking to self-publish, but right now we're still figuring out which route we're gonna take and there's some opportunities to really take it to the next level and get it out there. And we're still shooting for July 2007, um, lately there hasn't been a lot of communication, but in the next couple of days we're gonna figure out the exact scheduling and all that stuff. I'm hoping to put the finishing touches on it and really get it to a finished product. So. That's all I can really say on the book because I don't have a lot of info right now. The Foreclosure Code, I know, it's really... some people say it's cheesy and all that, but hey! It's a little bit of extra leverage off of another brand, a little bit of controversy, we'll see how it goes. Well, so then we're gonna cover... I think that's pretty much it.

(6:10)

CashCall. Alright. Um, so Cashcall. Yeah, they're threatening that they're gonna sue and this and that, and they might as well do that. But hey, first, they have to serve me with a notice, right? How are they going to serve me? You know, I'm in a different country... of course, I'm coming back, but I'm just saying, there's definitely some time before the process actually starts going. Um, no I didn't call them yet, but I need to. Last several days I was out of touch in terms of Internet and all that, but I finally was able to get in position to make phone calls, and now i'm going to start making some calls, um... but yeah, CashCall, it's not that big of a deal because... I mean, we can make a payment if we need to. My intent is still to repay everybody, or settle the debt, one way or another, just right now, I have to be smart about how I repay debt, and not just be foolish and throw money around and have it not do any good.

[edit] HeyCasey

(7:04)

CASEY
Alright, so. We have a lot of people typing away, chatting away. I can't really pay attention to all of them, but what we'll do is start taking questions. From the top, uh, we'll start with "HeyCasey". And just a quick rule: let's keep it short. And I'll promise to be nice and be courteous to everybody if you promise to do the same. We'll start with "HeyCasey", go ahead.
HEYCASEY
Casey.
CASEY
Yeah.
HEYCASEY
Yeah, so anyway I'm calling to find out how does it feel to be homeless?
CASEY
Uh, you know what, my connection here is not all that great, can you repeat that slowly?
HEYCASEY
I'm asking you how do you feel to be homeless.
CASEY
Oh! How do I feel to be homeless, homeless guy with a laptop, right?
HEYCASEY
Yeah.
CASEY
Well I mean, I don't think I'm homeless, I have a roof over my head--
HEYCASEY
What about your dream though? Where's your car? You can move into your car!
CASEY
You know, you know what? If I had a car here, that would be sweet! I would be able to live in a car, just like I was-
HEYCASEY
Yeah, why? Why didn't you do it? You were so close, man! Instead what you do, you just screw everything up, you flee to Australia. You have no intention to pay your debt back, and you know it.
CASEY
(gritting teeth) Oh yeah? Is that what you think? Alright, well you know what? If I did have a car here, it would be a good place to live, I just... you know, I couldn't ship my car, you know what I'm saying?
HEYCASEY
I mean even the people that were initially trying to offer you a place to stay, they find out what a con artist and scammer you really are and they turn their back to you.
CASEY
Yeah, that whole thing was pretty interesting, uh, you know, how that can turn around on you. Your emails get plastered all over the place AGAIN. Aw man, that keeps happening to me, I just gotta be a little bit more careful. Anyway, good questions, um, go ahead, let's do one more real quick then we'll move on.
HEYCASEY
Yeah I was just curious, because you were saying before you couldn't call CashCall because you had no way or means to contact them (Casey tries to interrupt but HeyCasey forges on) What do you mean no way?! You're calling on your Skype phone, you're talking on your Skype phone, which, by the way, is super cheap calling to the U.S. if you're trying to do that, and in the meantime you also have a cell phone which, I'm sorry, I don't have your cell phone number in front of me, but I'm sure everybody can check it out real quick if they just went online to ExurbanNation.com or something.
CASEY
Yeah well it's a local cell phone, I can't make international calls, it's like a prepaid phone--
HEYCASEY
But you can receive international calls on it, so why don't you write CashCall an email and say "hey, what's up, why don't you try to figure out what's going on, obviously I'm making some sweet income on my ads on my blog right now, so why don't you just garnish my wages?" but, I don't know. Plus, by the way--
CASEY
(speaking over HeyCasey) That's a good point, that's a good point, can't keep hiding under the rocks for too long, is that what you're saying?
HEYCASEY
Exactly! How are your taxes going?
CASEY
(muttering) Yeah, exactly. I'm down under, I've been kind of out here for a while, but I'm getting back into the swing of things, um, so, dealing with lenders is next.
HEYCASEY
(interrupting) If I may, I'm sorry. When word gets to the company they're pretty slow-moving with the foreclosures and the money, but U.S. government is pretty goddamn quick when it comes to finding out that you're not paying your taxes on time. So I don't know how you're going to-
CASEY
(breaking in) Oh yeah, taxes are really a huge issue. Well, so far as everything's cool 'cause I still have time, but, yeah, it's something that's hanging over my head kind of, it's one of those things I gotta think about.
HEYCASEY
Have you been reporting your income, from your blog, from all the sweet links you're selling?
CASEY
Uh, I'm not sure what I have to report yet, so that's another reason for me to call on my CPA.
HEYCASEY
Well it's income! It's personal income that you're making just, you said so yourself, your blog is filed under you company which is kind of shelter--
CASEY
Weeell, it's not exactly right under the company right now, but I need to keep, have that conversation with somebody who knows what they're doing and figure out exactly how-
HEYCASEY
Exactly, you need to file personal gains tax, which I'm sure you haven't done in a year or so.
CASEY
Yeah man, sweet! Yeah, I mean, the tax, you gotta pay that sweet tax, I mean, the IRS doesn't mess around, right?
HEYCASEY
Yeah, by the way, how much is your wife seeing of the money that you sent back in the meantime?
CASEY
How much is what?
HEYCASEY
Your wife, the money you're making off the web, because I see you've been selling some links there, and in the meantime, what'd you leave her, a couple hundred bucks and disappeared?
CASEY
Uhh, sorry, I didn't hear some of that, how much am I making now off the ads, or what was that?
HEYCASEY
The money you made on the ads. How much money have you sent home back to the United States, to your wife?
CASEY
Oh! How much have I sent home, yeah, I've been putting money into our checking account to make sure there's money for, for the family to spend and that kind of stuff, but yeah it was about a thousand bucks--
HEYCASEY
(interrupting) Do you think you were giving them a minimum wage?
CASEY
Well, uh yeah, I just put like a thousand bucks in there, so definitely keeping everybody happy, that's for sure.
HEYCASEY
You think a thousand dollars keeps everybody happy???
CASEY
(offended) Hey, can you travel and actually be a--
HEYCASEY
I cannot live for a week off a thousand dollars, how can you expect somebody to--
CASEY
(breaking in) Can you travel for free and actually have money saved while you're traveling? I think that's a, that's quite an accomplishment.
HEYCASEY
(background) You're living off of people! I mean, you got a thousand dollars from somebody who's probably not even real!
CASEY
(speaking over HeyCasey) Aw man, the hate's starting to get a little crazy, oh! a little bit of a hate going on. Okay man, we're gonna have to move on (mutes HeyCasey) Um, it was good questions, sorry man, I had to cut you off, don't mean to be rude, but, we, y'know, we kinda have to keep it under control.

[edit] The Dude

(12:06)

CASEY
Alright, ah, let's go with The Dude. The Dude, go on, go on.
THE DUDE
Hello, can you hear me?
CASEY
Sure can, The Dude.
THE DUDE
One question, one question only, I hope you give me a straight answer to a straight question. You have failed at all of your business ventures, but... really, my question is, what do you consider your worst failure, business or your marriage.
CASEY
(choking laughter) Again, we're not gonna talk about the marriage, so I can't give you my answer. But, the business... hey man! Every failure that happens to you is an opportunity to learn and leverage it into something good, right? So, the worst... I don't know what the worst is, I mean, there's defaulting on those loans, that was not very good, um... I don't know, maybe admitting to doing shady loans, some people say that was the stupidest thing you could have done. Of course, at the time, I thought, no big deal, got to be organic and honest about it, right?
THE DUDE
Well, I'm not trying to get into your personal life, Casey, at all, but being... It's evident to anybody who reads your blog that your marriage has failed and I just wonder if it bothers you at all.
CASEY
HEY! Hey, The Dude, man, remember the house rules, no talk about family. Sorry man, I gotta respect everybody, that's one of the reasons I brought the blog back in such a way that no more of that, to kind of, make sure everyone's happy so... do you have anything else to say before we move on?
THE DUDE
So you're not going to answer the question if your marriage has failed.
CASEY
I cannot talk about the family, so hey man, I'm going to have to mute you just to show you guys the house rules, I want to respect people involved. (mutes The Dude)

[edit] Endgame

(14:03)

CASEY
Alright, Endgame, go ahead Endgame.
ENDGAME
Hey Casey, how you doing?
CASEY
I'm doing great! Lots of caffeine flowing through my blood, I didn't sleep last night 'cause I was trying to get something done on the Internet, but go ahead.
ENDGAME
Hey that's cool, I'm at the Dallas airport, looking at the Starbucks, I'm thinking about getting an espresso myself right now.
CASEY
Yeah, you know, Sputnik the Cat kept asking me to go to this juicing place. I still kinda want to try it out, because I guess he was saying it's like the Jamba Juice of Sydney, so I'll have to see what that's all about. But anyway, so what's going on, what you got for me?
ENDGAME
I have a question for you about international travel. I spent a year in China. What do you think about international travel, I assume you're traveling coach, right?
CASEY
Uh, I'm sorry, repeat that, what about international?
ENDGAME
Are you traveling coach class, I assume?
CASEY
Oh, oh, in terms of flight?
ENDGAME
Yeah, on the airline.
CASEY
Economy, the cheapest I can. I shop around for the best deals I can, even though people are supporting me I still wanna make sure they're not paying through the nose.
ENDGAME
Yeah, that's right. Those long flights really suck, don't they?
CASEY
Um, yeah, it's not too bad. I kinda slept on the one over here, see how it works on the way back. I watched like two movies and stuff like that.
ENDGAME
Yeah, that's cool. Hey, I had a question for you about taxes. Are you making estimated tax payments on the income you're making right now?
CASEY
Am I paying it? Or, do I need to pay it? Is that... What are you asking?
ENDGAME
Yeah, I think the IRS would say you need to be making estimated quarterly tax payments on your blog income...
CASEY
Yeah! Yeah! Well I know there's a certain cut-off... again, one more reason for me to go to my accountant to make sure we get everything straightened out.
ENDGAME
Okay, cool. Hey, just a couple of quick questions: when do you think you're gonna be home? You gonna be home like in a few days, or a week or so?
CASEY
Well, it's still getting solidified, but I don't plan on staying too much longer, we're talking maybe, you know, a few days... yeah we'll see. I mean, I don't want to be here come 4th of July because, you know, they don't really celebrate it here, they wouldn't be too much fun.
ENDGAME
You looking forward about coming home? Or are you scared about what's meeting you?
CASEY
No, I'm not scared, I'm not a criminal. You know, I'm just coming home. I'll be glad to be back, reconnect with the family, and make sure everything's cool.
ENDGAME
Great! Hey, uh, by the way, your brother is Steve right? Is he the Marine or is that the car guy?
CASEY
No, that's the car guy, the Marine is the other guy. But, again, let's not talk too much about him... Steve did kinda become public, by choice, but... he wants to come on this call, that would be sweet, but for now, he hasn't been so...
ENDGAME
Okay, I tell you what, just one last comment and I'll let you go. My real name in the real world is Steve too, and-
CASEY
Hey, cool!
ENDGAME
Yeah, if you were my brother I would kick your mother-f*cking ass when you came home.
CASEY
Oh. (laughing weakly) Really? You know what? They might be waiting for me, they might be with, you know, who knows what, so... we'll see.
ENDGAME
Okay, so listen, hey, I was an early supporter of you... honestly, you'd consider me a hater, I'm not really a hater, I don't hate you, if you can turn your life around I think that would be great, but I think you've dug yourself into such a deep hole, it's gonna be pretty hard to dig out of it.
CASEY
Okay, well... I'm curious, what do you think my best move at this point is? It's kind of a crazy situation, but tell me what you think.
ENDGAME
You know, I really don't know. I think you've dug yourself into such a deep hole, I don't think there's any way out that's not gonna be pretty ugly. You've got family issues, you've got tax issues facing you this fall when you have to make right on the extension... I honestly don't know.
CASEY
Mm, yeah, alright, well, thank you for joining.
ENDGAME
Yeah, you're welcome. Bye buddy.
CASEY
Thank you for joining, I'll catch you on the next line if you're still around.

[edit] LossMitPro

(18:06)

CASEY
Alright, we'll go with LossMitPro -- is this the real one?
LOSSMITPRO
Did you unmute me?
CASEY
What was that?
LOSSMITPRO
How are you doin'?
CASEY
I'm doin' great -- by the voice of it sounds like the real one. What's goin' on, man?
LOSSMITPRO
Well, just thought I'd call in to see how you're doing, to see if you got my e-mail...
CASEY
Well, I'm doing great. I received your little note -- I haven't had a chance to review it yet, but we'll have to take a look and see what's goin' on. I just received it earlier this morning, so--
LOSSMITPRO
Well then you know you have to be in Superior Court next week?
CASEY
Yeah, there's a lot of... you know, as usual there's a lot of legal things and, you know, as if I'm like some kind of lawyer that's supposed to understand all that. But hey, I know you're trying to do what you think is best, so...
LOSSMITPRO
Well, I'm glad you appreciate that, Casey, because I am, you know. It's not about hurting you, and any time you want to stop this nonsense, you have my word: it'll stop.
CASEY
Really?
LOSSMITPRO
Yeah.
CASEY
So what's in it for you? I'm curious: what's the game here?
LOSSMITPRO
What's the game? Casey, you and I have--
CASEY
Yeah, what's the game in stopping me from making some money and paying back my debt?
LOSSMITPRO
Casey, you and I have had numerous conversations, have we or have we not, regarding your conduct and regarding what you're doing. Have we or have we not had those conversations?
CASEY
Well, that's the reason I'm asking, so you can share some of that.
LOSSMITPRO
Well, I'm not going to share the details, Casey. I'm just not.
CASEY
No problem, no problem. I just thought I'd give you a chance--
LOSSMITPRO
Answer the question: have we or have we not spoken in detail regarding your conduct? Yes or no?
CASEY
We've spoken about some stuff.
LOSSMITPRO
OK, is that a yes?
CASEY
Is that a yes?
LOSSMITPRO
Casey, don't address the question with a question. It's very simple: it's yes or no. Have we or have we not spoken? Truly?
CASEY
Well, it depends on what you mean by "detail". I mean, I understand your position. You think I'm "profiting from my crime", you know, and I'm--
LOSSMITPRO
Casey, it's not only about that, it's about other things you're doing, and you know it. I've encouraged you how many times: check out what I'm saying with an attorney. You insistently believe that you're doing nothing wrong. What other choice do I have but then to stop you? You will be in Superior Court--
CASEY
(talking over him) What I'm trying to figure out again is what's in it for you? It's as if I'm stepping on your toes. What did I ever do to affect your business or anything else, or you personally?
LOSSMITPRO
Casey, that's all in the plea, that's all in the complaint. The bottom line is I will get a restraining order. Mark my words, believe me, I will get a restraining order. You will stop this conduct. If you want to do it voluntarily, 'fess up, be a man and let's talk about it. The bottom line is you're forcing my hand, Casey. I don't like to do this. I like you personally, but you're acting like an asshole and you won't listen to reason. You will be restrained.
CASEY
All right.
LOSSMITPRO
You will be restrained and, you know what? If you force me to go to discovery, Casey, you're going to go to jail. Bottom line. You're gonna stop this one way or the other. You're hurting way too many people and you're becoming a public menace. I'm telling you this on your broadcast, so that the world knows I'm giving you an opportunity to back down, Casey. I'm totally serious here. If you think I'm playing a game, don't show up next week and don't have an attorney represent you. And if you think I'm afraid of Marty's deep pockets, well guess again. You wanted war, Casey, you've got it. And it's a war of attrition that you're not going to be able to win. Trust me.
CASEY
You know what's amazing? What's amazing is how you and a lot of other people -- well, you didn't used to be this way, but you turned into it -- how the whole thing is like some kind of war. I mean, it's like I'm some kind of like a bad guy, criminal, whatever you call it.
LOSSMITPRO
Casey, look, look--
CASEY
It's as if you're protecting the public from this evil guy that's walking around--
LOSSMITPRO
Casey, it's not about--
CASEY
I mean, the whole thing is becoming such a joke!
LOSSMITPRO
You know what, Casey? It may be a joke to you, but it's certainly not going to be a joke to the courts. It really isn't, Casey.
CASEY
All right.
LOSSMITPRO
Now listen to reason. My bottom line here is this. Nobody hates you. I don't hate you. But I have a responsibility as a citizen to stop this madness once and for all. You don't listen to reason, you think you're doing nothing wrong, and you think I'm trying to play some big brother role and tell you what to do. Well, you know what? You--
CASEY
(talking over him) Yeah, you definitely are. It's almost like some kind of parent trying to discipline a child. You're representing the people of California, you're trying to protect the people of California from evil Casey Serin. I mean, doesn't that sound kinda crazy?
LOSSMITPRO
Casey, if you want to characterize it that way, that's pretty childish. If you want to listen to reason, then we can talk reasonably. Bottom line is this--
CASEY
All right.
LOSSMITPRO
Look, the bottom line here is this: nobody hates you, I don't hate you. And I really really-- it pisses me off that I have to take this extent to get you to listen and to get your attention. But you know what? If you think you're going to violate the court's order without the court getting pissed off, you're sadly mistaken. Sadly mistaken. The bottom line is this: I'm not trying to force you to do anything that the law does not tell you to do. You've been arrogant and you've been stupid and you've been...
CASEY
So you're saying that by sharing my foreclosure story I'm breaking the law?
LOSSMITPRO
Casey, it's not about that. You're doing more than that, and you know it.
CASEY
I'm sharing my foreclosure story, I'm making money by telling people what not to do, and I'm breaking the law?
LOSSMITPRO
Casey, you--
CASEY
And I'm taking advantage of what opportunities I have to take advantage of this publicity. Otherwise, it's all a waste.
LOSSMITPRO
OK, let me ask you this. Did we or did we not discuss you waiting and doing the proper thing, you know, getting something really real happening with your book and maybe approaching Doubleday about--
CASEY
(talking over him) Well, yeah, you have a certain idea about how you think I should go, and that's fine, but if you're trying to force me to do what you think I should do, that's not right. I mean, I have my own opinions on this.
LOSSMITPRO
Casey, that's fine, but your opinions are in conflict with the law. Do you understand? They are in definitive conflict with the law.
CASEY
Well, look, I understand. Your position is you think I'm breaking some kind of law by sharing my foreclosure story. That's fine, we're going to have to find out--
LOSSMITPRO
Casey, you HAVE been breaking the law. I've read the contract. Don't even go there, pal. I've read the contract, and you know it. I know what that contract entails. And it bothers me--
CASEY
Yeah, the contract is that this is a joint venture to write a book.
LOSSMITPRO
Yeah, uh-huh. OK, do you want me to start exposing what the contract is really about, Casey? Don't even go there. The bottom line is that you know it and I know it. If you--
CASEY
You're creating the whole thing into a much bigger drama than it really is. The stupid contract is a joint venture agreement. I was not breaking the law. It's just me making money from my foreclosure story, and that's a positive thing.
LOSSMITPRO
Casey, you can claim innocence all you want. We've already discussed these things. You know what? This conversation's becoming futile. I called to offer you a peace offering, to say that... my sincerity was in that letter that you got today. It was in the e-mail. And you have until nine o'clock Sunday night. If you want to resolve this, you know what to do. You know I'm a man of my word, and you know that I will proceed, Casey, so help me God. If you think you're not doing anything wrong and if you think the law's on your side, you know what? Let's go to war. It's that simple. Because if you think you've got the ammo, you know what? I know I do. The bottom line is: I don't wanna hurt you, Casey, and before God and the public I'm telling you, you're going to make me help you. Because you're doing the wrong thing. So you've got a last opportunity -- this is number four, pal, and I'm getting a little sick of having to back down for you because I'm trying to give you the benefit of the doubt. But the bottom line is this: you paint everybody that's against you or everybody that tries to stop you from doing something wrong as the bad guy.
CASEY
Mark, what I really wanna know is why you're taking the whole thing so personally as if I'd, like, killed your daughter or something like that. I mean, come on, man! I'm just hearing the anger in your voice. What's the reason behind all this?
LOSSMITPRO
Because, you know, Casey... for one thing, if you want to know a bit of my motivation, you got so much damn potential. You really do. But you're going about-- you're a hack. You're a hack. And you got potential to be more than a hack, and you don't even realize it. But you know what? That's only a bit of my motivation. Bottom line here is that you've now crossed a boundary. You're now damaging the public. I'm an agent of the court, pal, and I have responsibility. Not only that, I'm a citizen. But I do know the law, Casey, and I do know how to apply the law. The bottom line is that you've been given many, many opportunities to listen to reason and to check out what people are telling you. Myself included. How many times have I encouraged you, Casey? Don't believe me? Go see an attorney. Go see an attorney on this line, go see an attorney on that line. And what have you done? Nothing. So you can't stand there, Casey, and tell me that you haven't been given every opportunity to check out what I'm saying is valid. Can you? That's a yes or no question, Casey. Can you or can you not say that I have not been--
CASEY
(interrupting) That's a yes or a no question. Life is not about yes or no. There are always shades of gray. You know that.
LOSSMITPRO
You think so? Well, I'll tell you what, Casey, the shades of gray are gonna be whatever the black robe rules come Thursday morning or Thursday afternoon. You've got effective notice. I've documented it here, you have an opportunity. Nine o'clock Sunday. That's your deadline. You wanna work this out, there you have it. If you don't, then we will go to war, Casey, and it'll be a war that you'll lose. The course is yours.
CASEY
Well, I appreciate you calling in and putting me on notice. I did get your e-mail so I'll have to review it and see what I'm gonna do. And I'm sure we'll find out on the blog the next course of action. If you want to do this whole thing publicly, then that's what we're gonna have to do.
LOSSMITPRO
Who says I'm doing anything publicly, Casey? Have you seen my comments on EN?
CASEY
(laughs) You're on this talkcast challenging me and basically calling me to the line. So we're gonna have to do it publicly now.
LOSSMITPRO
I had a responsibility to give you at least a 24 hour notice of the ex parte going in. That's what I've done. You've engaged me in separate conversations. So how is that publicizing litigation? How is that publicizing--
CASEY
(interrupting) How is this not public with people listening and this being available on the internet?
LOSSMITPRO
Because I want some documented record, Casey, since you've engaged me, that you've now been given a fourth opportunity to get your act together. Because when it comes down to it, when you get nailed I don't want anybody coming back at me and saying that I was an asshole and you didn't have every single opportunity to turn your life around. Because I got news for you. When you walk into that courtroom, there's going to be more surprises than the judge's gavel. I've got news for you. So get yourself representation or call me by Sunday night at nine o'clock. The choice is yours, Casey. I'm not playing a game here. We're done playing games, we're done giving you chances. It's over. Finito. The complaint's drawn, the actions are ready to go, the motions are prepared, I'm on calendar. You know it. I'm not bullshitting. You have an opportunity now to truly change your life, and to truly do something with the talent that you have. You don't wanna exercise that opportunity? You know what? Then you deserve everything...
CASEY
(somber) Mark, I understand your position, man. I really do. I got you. One thing that was crazy, though, from our talks was the whole thing about me being incompetent with financial decisions and how I need to appoint the court to make all the decisions for me. That was kinda crazy.
LOSSMITPRO
Casey, that was just a suggestion, for crying out loud! That was just a suggestion! I didn't say you had to do that - it was a suggestion! That would show your detractors that you were sincere about doing some things, man. And you know, in your heart of hearts, I think you are sincere, Casey. But you know what? You go about it the wrong way. Of all the people you've dealt with, Casey, truly, you and I have had some heart to heart talks and I know quite a bit about you. The bottom line is, when I met you, man, it was for your own good. It was only a suggestion, I didn't say you HAD to do that. Look, we're getting nowhere with this conversation. I didn't call to antagonize you, I called just to--
CASEY
(interrupting) Again, Mark, I feel there's definitely a thread of good intention in what you're doing, but you're going about it the wrong way. You really are. You're disagreeing with how I'm trying to monetize my exposure, and you're trying to stop me by calling me some kind of criminal, breaking the law of California, stuff like that.
LOSSMITPRO
It's not me that's telling you, Casey. It's the law! Do you not get it, kid? It's the law! Casey, do you think I would press things--
CASEY
(interrupting) Well, we're just going to have to find out if your interpretation of the law is correct or not, I guess. At this point, that's the only thing we can do, right?
LOSSMITPRO
OK, Casey, when you have no source of income, when your income's locked up, and when the court grants my order--
CASEY
(interrupting) So you're taking advantage of my position where I can't hire a lawyer. I mean, that sucks. That doesn't sound very good, man. That does not sound good.
LOSSMITPRO
Casey, these are temporary orders. They only last for twenty days. And that's plenty of time for you to go retain counsel, plenty of time for momma to go retain counsel, plenty of time for the corporation to go retain counsel, because if you think--
CASEY
Corporation? How does the corporation have anything to do with this? We're talking about dirty tactics. I mean, what does it have anything to do? Nothing.
LOSSMITPRO
Dirty tactics? Casey, this is the law.
CASEY
Dirty tactics, man. The law? What law? That I'm some kind of criminal profiting from my crime? I've never been charged with any kind of crime. I'm sharing my story, and the book is a paid version of my story.
LOSSMITPRO
Thursday hasn't arrived yet. OK, look, we're getting nowhere, Casey. You have the opportunity. I'm sorry if I'm antagonizing you, I'm sorry if you think I'm some kind of a bad guy. But you know what? You have an opportunity. This is number four. There will not be a number five. So good luck to you, you make your decision, I need to go. Take care.
CASEY
All right. (long pause) Well, thanks for calling in, LossMitPro... Mark. So that was good... man, I need a music break now after that one! That was a heated one, but hey, you guys heard it all. If you wanna comment on it, feel free. I don't want to spend too much time... but let's go onto HungryBear.

[edit] HungryBear

(0:31:27)

CASEY
HungryBear, go ahead.
HUNGRYBEAR
Hey Casey, how you doing?
CASEY
Doing pretty good, pretty good. That was a pretty intense little conversation, wouldn't you say?
HUNGRYBEAR
Yeah! How'd you find that guy?
CASEY
I don't know, man, I don't know.
HUNGRYBEAR
Or did he find you?
CASEY
Well, he found me. He found me online, and at first he wanted to come along and help me out and stuff like that. But then, you know what was really weird -- and since he wants to do everything public, I might as well -- I mean, the thing is, all of a sudden he's one of the haterz! I mean, how does that work? And then I can't really trust, you know, what's going on there. Again, I don't want to badmouth Mark, I mean, I think he does have a lot of good intentions so I'll just, I'll just try to be neutral. But he wants to, he wants to fight me in court! And he's forcing me to get a lawyer and spend all this money and I just don't understand why he's using these tactics, it just, seems unreasonable, what do you think?
HUNGRYBEAR
Well, what's his complaint against you? Did you have a contract, or...?
CASEY
Well, I think, I think, for one-- understand, a lot of the emails I get from him is very legalese, you know, like it's all legal language, so I have to, been really trying to figure all this out. Something to do with some kind of property crime! And so, to me that sounds like a really really big stretch... but, I don't know, you tell me, what do you think?
HUNGRYBEAR
Well, how did you damage him? That's--
CASEY
How did I what? Oh, I didn't damage him at all! I've always kept--
HUNGRYBEAR
You didn't sign any contract with him, or was--
CASEY
No! There was never any kind of contract. He was going to represent me with the lenders, and then he didn't like the way I was going about doing stuff, and then he, I kinda feel like he turned on me. You know, I wouldn't badmouth him, I think he's doing the 'tough love' thing again, just I think in the wrong way. There was no contract, I didn't damage his litigation at all--
HUNGRYBEAR
You had no contract with him whatsoever, and he plans to sue--
CASEY
No contract whatsoever. And, and when he asked me to take down his posts on the blog, I took it down immediately. I don't know why he wanted those down, but hey, whatever. I deleted all the comments off the blog that had his name in it, whatever, you know? I satisfied his request. But now it's, you know, this legal action is happening.
HUNGRYBEAR
So, what are his grounds for suing you?
CASEY
Uh, well, that's, that's what I'm trying to figure out. Something, again, something to do with property crime. I guess me telling my foreclosure story and what NOT to do is, is that. I dunno. I guess I do need to get a lawyer, just so I'm protected. I mean, as far as, I think it's really frivolous, it's such a stretch, but then, I probably need to do have representation. It just sucks! I have no income for that, I'm just barely starting to make it too.
HUNGRYBEAR
Well, you know, one thing I noticed about your story is that it seems like all these guys find you, or you find them, and, uh, you know, it doesn't seem like they've been real helpful to you. I mean, there was Nigel Swaby, there was those NRU guys, and uh, you know, and I kinda feel bad for you, in a way. I'm not really a, a supporter but it just seems that you've been ripped off left and right. And then, there were those ladies in Arizona... I don't know.
CASEY
Yeah, it depends, it's been very interesting, very good observation. I've had a lot of interesting people come along side, I mean, this whole experience is teaching me I have to be a lot more careful with people, let people sort of play out a little bit, and let them do a few things first, before really doing too much together, 'cause you guys see what people are all about.
HUNGRYBEAR
Well you know, I think you really have to, uh, to be not so quick to trust people, and maybe understand--
CASEY
Yeah, that's one thing, I, I do tend to be a little bit too trusting, you know. I mean, that's, that's kinda how I guess I got into this whole mess. I feel like, hey, this loan looks good, stated income, you know, same as primary, itsallgood, everybody's doing it, but that wasn't the right way to do it, and see, now I have all these consequences.
HUNGRYBEAR
So what was exactly going through your mind when you did those loans, when you did those things?
CASEY
Well what was going through my mind was this: I wanted to definitely become a real estate, you know, flipper, fixing stuff, the whole "value-added" business, and I just made a bunch of mistakes, but one of the mistakes was trying to do too much too soon, quitting my job too soon, trying to leverage myself, you know, every which way. Mainly I started making mistakes, and my deals started going south. The only thing I knew was to continue borrowing, 'cuz I saw the power of 100% financing with cashback at close, and to me, that was the way to leverage some more money to keep the stuff going, and then, I was, of course, hoping that everything would get fixed and sold and everything's good, but, you know what happ--
HUNGRYBEAR
Did it occur to you when you quit your job and you went and bought all these properties that there was a significant possibility that you could actually crash and burn and end up getting--
CASEY
Weeell, no. No, I mean, I thought it would be no big deal. Remember, I made thirty-five grand on the condo flip. Of course, that was, like, mostly pure appreciation, back when I was nineteen, uh, that was pretty sweet, so that got me going. The first deal I did, I was able to do pretty good... although I traded it in for Burdett, and that wasn't all that great. But anyway, I did see the power of real estate, and I thought, hey, as long as I keep things going, itsallgood.
HUNGRYBEAR
So would you say that because--
CASEY
(continuing) Well I was in for a pretty rude awakening. (talking over HungryBear) And one thing I should not have done was to keep borrowing to float free this debt. I should have just said, "look, I screwed up my third deal" or whatever it was and just call it a day.
HUNGRYBEAR
Yeah, when you're in the hole, you know, the first thing to do is stop digging, so it sounds like you've learned from that. But you know, that's a tough thing, it's a tough situation to be in, definitely. I mean--

(Casey is disconnected, dead air)

[edit] HeyCasey aka "Michelle"

(0:38:20)

CASEY
Hey guys, can you guys hear me? Someone text me real quick, let me... I was disconnected. Check check, one two. I'm assuming you can hear me. Alright! Okay, those were some good questions thanks HungryBear, thanks for asking. Now we'll just scroll back up to the top, we're going to go back to HeyCasey.
HEYCASEY
Casey.
CASEY
Yeah.
HEYCASEY
Hey, sorry I got a little rude earlier before. I was wondering what makes you think you have the right to read your family's own email?
CASEY
To read, wait, to read my family's email?
HEYCASEY
Earlier today, Michelle, the lady who offered you a place to stay, the night before, tried to contact your wife and mother. I know I'm not supposed to talk about your family, but the question wasn't--
CASEY
(interjects) Yeah, you really shouldn't.
HEYCASEY
Right, well, because, she wasn't sure if your family was in contact with you, she was just trying to do the right thing and forwarded on your phone number (Casey starts responding) and you did an email attack.
CASEY
(interrupts) No, I mean, I'm sure, I'm sure she had some... and I did an email attack? Well, no, I just, I just told her this, "hey look, how would you feel if I plastered your email, home address" and blahblahblah, and all the details she gave me. And I'm not going to do that, 'cuz that's just, not me, but I mean--
HEYCASEY
(trying to break in) Well you're threatening to do it, obviously you were going to, you had some thoughts about it.
CASEY
Well I just wanted to, to put her in check! It's not right to blast my personal stuff here. I mean, it's not that huge of a deal, but now I'm getting calls all over the place and it's costing me money! And I'm in a different country, and it just, it just wasn't right. And I know, I know she, I think she had some good intentions, and she read all this propaganda on my haterz' blogs, she probably got scared, so itsallgood, I mean, I'm not going to mess with her, I just, I, again, I thanked her for offering me a place to stay, and she actually tried to help me about that-
HEYCASEY
(interrupting) Did you ever try calling her?
CASEY
Um, yeah, I left a, no, I tried calling her, but she wasn't home, so we just communicated by email. She just, she told me to just swing by at seven, and I was going to do that, but then I get an email from her saying don't come any more.
HEYCASEY
Right, because when you called the phone number, it kept ringing and ringing, and nobody ever answered, right?
CASEY
Umm, yeah...
HEYCASEY
That wasn't a real phone number you called.
CASEY
(stunned silence) I was calling who?
HEYCASEY
(patiently) She wasn't real, I was just trying to get your cell phone number.
CASEY
Oh, ohhh, you were doing the whole thing?
HEYCASEY / "MICHELLE"
Yeah.
CASEY
Noo, that doesn't make sense, 'cause I was going... Wait. Wait. Are you saying you were faking the Michelle thing from months ago? (realizes HeyCasey/"Michelle" is talking) Wait, what was that?
HEYCASEY / "MICHELLE"
(slowly) I was f*cking with you.
CASEY
Oh, okay. (skeptically) So you mean, months ago, you were doing the same thing. 'Cause I remember, Michelle offered to, uh, go to the auction for me, or something like that.
HEYCASEY / "MICHELLE"
Yeah, something like that. So yeah, anyway, I was just trying to get your phone number and everything, because I felt bad for CashCall, and these other companies, 'cause the whole time, you're hiding out there in Australia and nobody had any way to contact you.
CASEY
So you're Michelle! Hi Michelle!
HEYCASEY / "MICHELLE"
Yeah! How's it going?
CASEY
(snorts) It's going pretty good. Hey, you did pretty good, I must admit, you, snuck in pretty nicely.
HEYCASEY / "MICHELLE"
Thanks man, thanks. So yeah, anyway, why--
CASEY
(talking over HeyCasey/"Michelle") That takes people creativity, I, so what was your goal? To get my phone number to alert CashCall. Was that the-
HEYCASEY / "MICHELLE"
(interrupts) Well no. What I was trying to do, I was trying to alert your family to let them know what a piece of shit you are, so...
CASEY
(irked) Oh okay, alright. (HeyCasey/"Michelle" tries to break in but Casey doesn't let him) It's not like they, they already know what haterz think.
HEYCASEY / "MICHELLE"
Anyway, you never managed to answer my original question, which was, why do you think you have the right to read your family's email?
CASEY
(confused) Read my family's email? What, what are you referring to?
HEYCASEY / "MICHELLE"
What am I referring to? What I just talked about two seconds ago! Where I said I forwarded your wife and your mother your cell phone number in Australia and you replied to it, threatening the fake person that, uh-
CASEY
Dude, you copied me on that!
HEYCASEY / "MICHELLE"
I did not copy anybody on that, except for your wife and your mother!
CASEY
(interrupts) Oh, oh, okay. Hey, I just figured it out. You were trying to guess email addresses on my domain. I'm gonna have to meet you, man, you're trying to screw with, with the family, that's just not right. And you were basically trying to, uh, figure out what the email addresses might be, and so (chuckles) you thought you were emailing one person, but it actually came to me. So no, I wasn't reading their email, you were just kinda trying to guess in the dark. But, uh, that was an example of a pure, what do you call them? I guess, I guess there was some, some good intentions there, but really, that's like stepping over the line, big time! Huge time! Sneaking in, and pretending to be some "Michelle" person? I mean, talking about haterz! And, and with like a crazy twist to it, and all that stuff, so I don't know what to think. Again, hopefully some of that was done with pure intentions, but I, I wonder about that.

[edit] Live Chat Questions

(43:30)

CASEY
Well this has been a pretty good thing. I'll try to answer a few text questions, let me see if I'm seeing any. I haven't been watching it so if you guys want to ask me anything... Man, that's crazy! Some of these guys are just going way, way too far. They're screwing up my publicity and media opportunities. And why? I mean, why are people messing with my ability to make money? People hate the fact that I'm doing it in a creative way? Yeah, I don't have a W2 job, so what? There's different ways to go about doing it. And I've been able to monetize the blog, and I'm making pretty much as much as a full-time job. So that's a blessing.

(44:15)

So. Y'know. Answering the question from WorkerForYouth: didn't you say haterz are good publicity? Yeah, but it's like toxic publicity, you know what I mean? I'd rather not have it, but if it's there, I might as well leverage it. You know, I'm the kind of guy who loves leverage, loves arbitrage, loves to be efficient in everything I do. So, you know, if you can leverage something, might as well. Um... so let's see if I have some more questions.

(44:43)

Yeah, someone's saying 'cause I'm not making money. What? I'm making pretty decent money. And again big thanks to all my supporters who are willing to advertise and they'll get their name out there. I know it's tough to be a supporter with such fierce hatred out there. But everyone who is: I appreciate every one of those. And, ah, don't worry, your money will be used for a good purpose. Um... so let's see what else we've got. Any more questions from the crowd? And if not, we're probably going to wrap it up. It's forty-five minutes, it's a good timing.

(45:13)

What does arbitrage mean? Murses is asking. It's a good question. I mean, it's kind of a-- I use it kind of loosely to mean a lot of different things. But arbitrage and leverage, they're, ah, they're kind of similar. And I like the word arbitrage 'cause it just sounds cool. But arbitrage is, yeah, its traditional definition is buying an asset for one price in one market and then turning around and selling it a higher price in a different market. Taking advantage of differences in the market. You can talk about global arbitrage, which Tim Ferris talks about in his book Four Hour Work Week, which I'm going to review one of these days on the blog. It's a really, really good book. Talking about hiring people in India, in countries where you can get high quality workers for, you know, like five dollars an hour, and they're college educated, and that's great! They're making money, you're able to get a bunch of stuff outsourced, and then you can look into more-- into that. That's global arbitrage for you. Global arbitrage on living expenses, if you can, um, if you can have an online business and you can run it from anywhere, why wouldn't you go and live, like, in Vietnam, where you can stay in a nice hotel for like ten dollars a night, and have a nice meal for three dollars. You can do that for a few months, and move on to the next country. And that's adventurous! That's what people dream about! But you can actually have it now. And if you're doing it smart, and you're flexible, and in a new way of thinking, and that's what that Four Hour Work Week is all about. And I'm giving him a little plug because I love the book. As soon as I've finished it I'll review it. So let's see what we have, um...

(46:40)

All right, why aren't you traveling more? Well at this point I need to get back. I need to take care of some stuff back in the States. I have been able to do some business out here, but it's just kind of hard with the time difference and all that. And this trip definitely has been very productive. Um, so let's see what else. Blah blah blah... um... yeah... I'm not seeing very many sensible questions.

(47:08)

Don't let the scumbags put you down. Monza, um, Moonz07. Appreciate that! I'm trying not to. It's a little tough but, you know, I'm just learning.

(47:17)

Why not Melbourne? WorkerForYouth. Because I don't have time for that right now. And I don't want to spend too much time-- um, money on this trip because I was just staying with my host.

(47:28)

Casey, are you gay? No, I'm not gay. Ah... that was a funny one.

(47:34)

What did you accomplish in Australia, in Oz? Well lots of great things. Connected with some bloggers, like, um, Yaro. That was a great connection I made. Um... and so we're going to be able to maybe do some things together later. And I'll be able to learn from him a lot more about how to really monetize the blog. Great, great connection. Got some media exposure, which is always a good thing to have. Some inbound links from media websites, ah, boosts my PR -- PageRank, that is. And stuff like that, you know. Reach out the Australian market. Even though that's not my target market per se, 'cause, um, I think I'm going to be focusing with this website on foreclosures in the States. But it's always good to talk about, you know, debts and stuff like that, because it's a universal problem.

(48:20)

Hair wax in my hair. I don't-- I haven't been using hair wax in a while. Ah... so what else are we asking here?

(48:27)

Why haven't the supporters called in? Not a single one. The Dude. Well, that's a-- you know, that's just reality. There's a lot of vocal haters out there, very passionate haters. And so that's just the case. And the supporters tend to be a little more quiet. But they're definitely there, I appreciate everybody out there. Um...

(48:47)

How much money have you spent on your vacation? I have spent-- ah, at this point since I had to pay for a couple of nights in hostels I'm probably at, like, I don't know, four hundred dollars, something like that. I need to look in my bills. But definitely, ah, very very affordable, I've been here very very affordably. I mean, when do you travel to Australia for a--

(Casey is disconnected.)

(50:09)

All right, guys, I'm back on line. I'll just keep going for another ten minutes, that'll make it a nice sweet one hour talkcast this time. Um... so what've we got? Any more questions for me? Um... let's see. Is Mocha going to be on? Mocha is on, but she's not called in. Unfortunately. Annie answer-- hey, let's take a call from Annie.

[edit] Annie

(0:50:27)

CASEY
Hey, let's take a call from Annie. So... let's try this, unmute. Go ahead, Annie.
ANNIE
Okay.
CASEY
Check check.
ANNIE
Hello?
CASEY
Hey. Yeah, I can hear you, what's going on?
ANNIE
Is this Casey?
CASEY
Yeah!
ANNIE
Now, tell me -- and I'm really curious to know, and you haven't answered the question -- how much money have you sent home?
CASEY
How much money have I sent home? Well I deposited about a $1000 into our, um, joint account, so... just like I promised. So that's--
ANNIE
And how much money have you made?
CASEY
How much have I made?
ANNIE
Yes.
CASEY
Uh, well, from advertising last week I probably made a good, like, two grand or more, something like that. It's been a, um, pretty good, pretty good week for sure.
ANNIE
Okay. So, you're putting a thousand dollars on the table at five PM every Friday night on your travels, right?
CASEY
Yeah, yeah, that was kinda the idea. And we're keeping it, like, slow, just whatever the needs are back at home, I make sure I take care of them.
ANNIE
Okay. Now, do you feel comfortable-- I can't imagine anybody freeloading like you do, and asking people to pay your way, because that's, you've been asking people, "buy me a ticket", "let me visit your house", you know, "pay for this", "pay for that". At the same time, you're saying that you made two thousand dollars last week, you sent one thousand dollars home just now, so you're making money, why are you freeloading?
CASEY
Okay. And then, that kinda angers you right? Why does that anger you?
ANNIE
We're not talking about me, I'm asking you a question! Why are you freeloading?
CASEY
Well I wanna understand why you think it's weird to, uh, wanna be able to take advantage of support that's being offered. Um, I do very little asking, a lot of it is being offered. For example, the plane, the plane trip, I mean, the plane, the airfare, and the stay in Brisbane area has been graciously offered by my supporterz, and I very much appreciate that. The only time I asked for a stay was in Sydney, because I didn't have anything lined up.
ANNIE
Okay, now, see, this is where I'm confused, because you said, back in the early part of June, you got a call from a supporter who offered you a thousand dollars to put the blog back up. Did that supporter know that they were giving you a thousand dollars for a plane ticket? Or did they think they were giving you a thousand dollars to put on the table Friday night?
CASEY
Oh yeah. Um, they knew very well what I was going to do, because I wanted to make sure they were aware of it so that there's no complications. In fact, I was hoping to have the Canadian supporter on this call, he just couldn't make it last minute. But yeah, they were fully aware. I cleared it beforehand to see if that was okay with them.
ANNIE
Okay, so it was okay with them. So, you leave on a Wednesday to go to Australia. Two days later it's Friday. Did you have a thousand dollars on the table at home?
CASEY
Uh, what was that? Are you asking about the timing? When it all happened, or...?
ANNIE
No, no, no! I'm being very clear, I'm being extremely clear. You left to go to Australia on a Wednesday, right?
CASEY
Um, I think so. Is that what it was?
ANNIE
Okay. Two days later, it's a Friday. And part of your written agreement was to have a thousand dollars every Friday--
CASEY
(snorting, interrupts) Annie, Annie, Annie. You hold me to all these written agreements. My written agreement was, like, weeks ago. Look, we've been doing a lot of talking about that whole agreement to make sure that everybody's needs are taken care of. Just 'cause it was an agreement before doesn't mean we're not able to renegotiate, so, um, that's all I can say.
ANNIE
So, you think that when you sign an agreement, or a contract, once you've signed it, you can then go back and renegotiate later?
CASEY
If the other party agrees, yeah, why not? That's part of being free to renegotiate in business, that happens all the time.
ANNIE
(in disbelief) Actually, it doesn't, Casey. It doesn't happen in business. It's called breach of contract! And that's where people--
CASEY
(breaks in) Well, you know, the trouble with the contract, you're aware I had two competing contracts and I had to find a way to satisfy all sides, right? It was kinda my fault for getting into something that was gonna violate my previous contract, so... I had to really deal with that one, that was a tough one for me.
ANNIE
Your previous contract, was that a legal contract, binding contract, with your publisher?
CASEY
Well, I don't how how legally binding- But the thing is, if I have an agreement with somebody, you know, you gotta honor that agreement, you gotta find that, to make, to find a way to make everybody happy, and that's what I'm trying to do.
ANNIE
Well, okay. You're saying you're going to find a way to make everybody happy.
CASEY
(interjects) Of course!
ANNIE
(continues) Well what about all the agreements that you signed with your lenders? What about all the agreements that you signed with the banks when you got personal lines of credit? What about all the agreements you signed with credit card companies? You haven't held your end to those agreements, and now you're trying to renegotiate those agreements to get a better settlement to pay it off. I don't understand that. I don't understand how you--
CASEY
(interrupts) Well would it be better to not pay it off?
ANNIE
Well actually, it would be better, Casey, for you to sit down, budget money, not go and take a thousand dollars that could've gone towards CashCall, or some of these credit cards, or any one of your other lenders and, you know, use that as a payment. But instead, you got on a plane, because you saw an opportunity to get on a plane. And that's not what a real, true, mature adult does. And that's definitely not what a business owner does, definitely not! Casey--
CASEY
(interrupting again) I mean, that's-- Traditionally you don't travel to get out of your debt. I mean, that sounds crazy, doesn't it?
ANNIE
Pardon me?
CASEY
Doesn't it sound crazy, the concept of traveling to pay off your debt?
ANNIE
Well, Casey, you're not traveling to--
CASEY
(ignoring Annie) Because that's what I'm doing.
ANNIE
You're NOT traveling to pay off your debt! You could be doing what you're doing right now in the States.
CASEY
You know, looking back on it, going to Australia was a really good, good move for me, 'cause I got lots of extra exposure, which translated into more money and more ability to pay my lenders. (Annie tries to speak but Casey doesn't let her) So that thousand dollars was actually an investment, if you think about it.
ANNIE
So, okay, so if you're saying it's an investment, and you're paying your lenders, how much since you've gotten to Australia have you made, and how much of that has specifically gotten to your lenders?
CASEY
Well that thousand dollars I sent home? Basically, the communication, what's gonna happen, was, uh, instead of just sending money home, that should be going to the lenders. So the reason I'm putting it into the account is so that I can now call up the lenders and be able to tell them, "hey look, this is how much I got, what can we do?" So, that was the reason for that. Because, because, I mean, the family doesn't necessarily need money right now. The family wants me to start paying the debt. So that's what's going on with that.
ANNIE
Okay. So you sent the money home, put it into a checking account, so someone else can take the responsibility of writing all the checks to your lenders?
CASEY
No no no no! It has to be in a checking account so I can do, you know, online pay, or transfer, or all that. 'Cause I can't do that out of my PayPal account. So it was a combination of making sure money's available to home, and available for me to make payments on my debt.
ANNIE
Okay, so how much have you made as payment on your debt?
CASEY
Nothing 'cause it's still in the process of transferring.
ANNIE
But you said last week you made two thousand dollars! So, last week, where's the two thousand dollars from last week?
CASEY
Well yeah, I made two thousand dollars, to transfer it, it takes two business days for it to transfer, I mean, that's all process. So, are we splitting hairs here? (ignores Annie's vehement 'No.') You're trying to put me in a corner like that guy on Triple J did.
ANNIE
No, I'm not putting you in a corner, I'm asking you a very simple question, and the question is, last week--
CASEY
(interjects) Of course, very simple to you!
ANNIE
(continues) You made two thousand dollars, and then, where, what day did you put that money in the bank? What day did the money clear? And then, what--
CASEY
(interrupts, exasperated) Annie, what am I gonna do, give an accounting of every minute and every little dollar I spent? I mean, come on. I'm telling you what I did, you don't believe me, you're trying to trip me up somehow, what's the point of this?
ANNIE
I'm not trying to trip you up--
CASEY
(irritated) Honestly, honestly, you don't believe me! You wouldn't continue asking me if you believed me. You simply don't believe me, which is fine, just say it like that.
ANNIE
Well I don't believe you! And how can anybody believe you? (forges on despite Casey's 'There you go!') You're not giving me or anybody else a straight answer. If you want us to believe you, then you've got to say something that's useful.
CASEY
Well look, look, I'm not looking at everything, all the figures in front of me right now, I'm telling you what I did. I don't have the exact hours, and minutes, and dollar figures in front of me right now. So I'm telling you what was done, you don't believe me because you think I'm lying, or this and that... but I mean, clearly, that's fine. You asked your questions--
ANNIE
Well you! You have a history of lying. You have a history of--
CASEY
(chuckling) Alright, alright, fine. Yes, I'm a criminal, right, I'm a scam-- I'm a fraud, I'm a conman, yeah, what else am I?
ANNIE
I wouldn't say that, but going back to the begathon, you begged people and asked people to pay for your, you know, CashCall, 'cause they were calling--
CASEY
Yeah! And that pisses you off because I'm able to do that! What is wrong with me giving a service for money? Nothing! It's business! It's business.
ANNIE
Casey! You did it by fraud!
CASEY
It's business. It's, it's a creative business of leveraging what I've gone, you know, what I've done, selling my story of what not to do helps people, and I can make money with it. Itsallgood.
ANNIE
Okay, so, so you have absolutely no guilt whatsoever or understanding or empathy for the fact that on Friday night, March 30th, first of all, the day before, you say "we're working, we're working, we're working hard" while your wife is sitting there burning CDs. Then the next day, you say, "I have..."--
CASEY
(interrupts) Look, we gotta keep my family out of it, come on. Please understand the rules, otherwise I'm gonna have to mute you. We gotta keep the family out. That's what they want.
ANNIE
Here's the deal, you said you had a job on March 30th. They were going to pay you. The money, you said, was going to go towards your rent, because you were behind on your rent. And you were giv--
CASEY
Wait, wait, what, what job? Oh, you mean like back in the day? Like the CD job or something like that?
ANNIE
Yeah. You said the CD job was gong to pay your rent.
CASEY
Aww, come on, now we're gonna go get into that. I mean, there was a lot of stuff going on, you know, people only see a part of it--
ANNIE
But Casey, this is what you wrote on your blog! That is what you wrote on your blog, because th--
CASEY
(talks over Annie) I wrote it would go towards the rent, right? Yeah, but look, do you realize that when you're in a financial crisis, sometimes you think one thing is gonna work, but then the situation changes, 'cause it changes every minute. So you have to adjust yourself to the situation. When you have more people asking you for money, than the amount of money you have, you have to, like adjust yourself quickly.
ANNIE
But how can you possibly say, with a straight face and a clear conscience, knowing that apparently, you went and bought earlier that day some worthless penny stock, right? You spent $4000 on a penny stock. You have a job, you're burning CDs, and you say that day- You don't tell anybody about the stock until April Fools Day. And then you avoid confirming whether or not you bought that stock. Then, you--
CASEY
(interjects) Yeah I did buy.
ANNIE
(continues) Yeah. Then you tell people, "I need money for CashCall". So you're saying, you need money for CashCall and you say the reason you can't use the money from burning the CDs is because that's going to go towards your rent, because you're behind on your rent. So, people give you money, and, you know, they make donations, and then now, we come to--
CASEY
(interrupts) And I used that money for the payments to CashCall? Did I not use that money for its intended purpose? Of course I did!
ANNIE
Right, but then you did not use the money coming from the CD work to pay your rent.
CASEY
Well because, like I said, I have several competing bills, and, uh, I have to adjust my strategy by the minute! Have you ever been in a situation where you have all these lenders asking you for money? And all these other pressing needs?
ANNIE
Yeah, Casey! So do a lot of people! But I don't then go to, go off on vacation!
CASEY
(chuckles) Alright. Again, again, my vacations are actually paying me money, through exposure and through additional contacts. I mean, you don't understand it, which is fine.
ANNIE
So what did you do the first week of April?
CASEY
Annie, this is getting old. Who else thinks this is getting old? Come on, splitting hairs--
ANNIE
Nononono! We're not splitting hairs! We're not splitting hairs, Casey, we're talking!
CASEY
Okay, I'm gonna, I'm gonna give you just a little bit more time, then we're gonna move on. So, go ahead. Little bit more.
ANNIE
Okay. So, so, what I'm really trying to understand here, Casey, is that, you know, you have obligations, but then you, you switch things around and you ask people for money. Now, people donated to you! And I'm gonna ask you this--
CASEY
Yeah, and I used it for its intended purpose! I used the CashCall money for CashCall.
ANNIE
So, now what you're saying is that you're using the blog and that was one of those things that you're leveraging to make money off the blog, right?
CASEY
Of course, yeah.
ANNIE
Great! So, how much-- if you're using the blog in that way, and everything else people are willing to give you, then it's sounding like your blog is a business, right? And it's making money right?
CASEY
Of course. Yeah.
ANNIE
Okay. So how much have you paid in taxes from your blog?
CASEY
(splutters) Why, why are you talking about taxes? People keep drilling-- What is the big deal with taxes?
ANNIE
Well the deal is, everybody pays taxes. And you should--
CASEY
Alright, (talking over Annie) of course everybody pays taxes. You don't pay taxes every time you get a dollar, Annie, you do quarterly taxes. And sometimes you don't have to do it under a certain amount of time. I mean, I'm not an accountant, that's what I'm gonna have to deal with when I come back and talk with my accountant.
ANNIE
Well, why have you not talked to him about this since the beginning of the year? Why have you not said to your accountant- I mean, you say, Casey, you're such a smart guy, and you you need details people because you are the 'big picture' guy. Why did you not, you know, allow your accountants to say, "Okay, Casey, here's the big picture, Casey, what you're saying is you're gonna monetize the blog, so if you're gonna monetize the blog, we need to figure out your quarterly estimates of the year"!
CASEY
Look, Annie, I get your point. I need to, I need to be more in communication with my, you know, Power Team, so to speak, that's a great point, you know, I needed to be talking with them more. But the fact is, why, you know, what's the big deal? Look, I'll take care of taxes. Worse case scenario, okay, I have to pay a penalty because, oh, you know. I'll take care of it!
ANNIE
You never take care of it!
CASEY
(ignores ANNIE and continues) I mean, you're like, (snickering) represent the government just like Mark is at this point? You get pissed off as if I'm like hurting you and stealing money from you.
ANNIE
Well Casey, when you don't pay your taxes, it creates a greater burden for everybody else. When you don't pay your lenders, it creates a bigger burden to everybody else. Casey, you know--
CASEY
Yeah, so if I lose one dollar here then somebody else suffers. So it's the whole like, um, scarcity mentality. That there's only so much money out there, this and that. I understand your point of view. I mean, a lot of people think that way.
ANNIE
Now Casey, all these people who have been so kind to give you something, what do you give them back? Are you saying--
CASEY
Why would people give me money if they weren't getting something out of it? It's a fair exchange, every time it's a fair exchange. Whether they feel good about themselves for donating, or they get some traffic, it's always a fair exchange. I did NOT make anybody just give me money by force, you know what I mean? So everybody has some kind of benefit. Annie, we gotta wrap it up, you've taken a lot of time, I've been patient, uh, it's been interesting.
ANNIE
Oh, no no, I've got lots of questions, but it looks like Mocha's on.
CASEY
Alright, no, there were good questions, I'll give you that, good questions. I think I gave you some decent answers, you know. Maybe not to your full satisfaction, but, you know, something, right? I gave you some good answers.
ANNIE
Well, you know, like I said, any time your mouth moves, how do you know, how do we know that you're telling the truth?
CASEY
Okay, well, look. If you're already set against me then nothing I'm gonna say is going to matter. Annie, I'm going to put you on mute. (mutes Annie) I do appreciate you calling in, please don't be upset, I gotta give a few more people a chance.

[edit] Duane LeGate

(1:21:14)

CASEY
So let's move on to Itsmecasey, go ahead.
DUANE
Casey, how you doin', buddy?
CASEY
Doing great. Well, you know, it's the usual being under the fire here, under the gun on these podcasts, but it's all good, right?
DUANE
You're ready to go under again?
CASEY
What was that?
DUANE
You know who this is?
CASEY
Of course.
DUANE
OK. Hey, Casey, I got home late, I had problems calling in, looked at a few posts on Exurban Nation. A couple of things: You obviously want to keep your family out of this, but you trashed 'em.
CASEY
Duane, Duane, we've got to keep the family out of it. Come on, man.
DUANE
OK, OK, OK, I will say one thing and then I'll move on, about your family. You know that Steve has--
CASEY
Oh, come on--
DUANE
--has contacted me, you know Galina has, and I know that you had said earlier that you don't intercept e-mails, but you know for a fact that I know that you do. And the last thing I'll say is--
CASEY
I intercept e-mails?
DUANE
Yeah! You've intercepted mine and Galina's!
CASEY
OK, I didn't intercept no e-mails. Come on, man. People sometimes try to guess names, and I have everything forwarded to me that is not a real e-mail address, so I get a lot of stuff through.
DUANE
Hey, hey--
CASEY
It's funny seeing what people try to get through--
DUANE
Hey Casey, don't try to talk your way out of this one. You intercepted mine and Galina's e-mails--
CASEY
OK, Duane, I'm gonna... Duane, Duane, you're accusing me of stuff that you don't know about. Seriously. And it's not right. Let's keep that out of it.
DUANE
I, I-- I do know about it--
CASEY
Right.
DUANE
And this is the last thing I'll say about the family.
CASEY
Okay, great.
DUANE
There's one other family member that's gonna blow you away, that has contacted me. That Galina doesn't know about, that Steve doesn't know about. I know-- I know about the meeting that took place. I know about the meeting that took place this past weekend, and I guarantee you're crapping your pants right now. Because it's worse, Casey, than you think. Period.
CASEY
Wait, which meeting are you talking about?
DUANE
(laughs) Casey, the meeting where everybody in your family knows exactly, finally, what you have done. It's been laid out for them, they know the fraud, and they know they're knee-deep in it.
CASEY
OK. Look, Duane, Duane, you're talking in secret code again. I mean, this is not (unintelligible) And you're bringing the family back into it. Look, how am I supposed to do my job of keeping them out of it?
DUANE
Okay, Okay, I'll-- I'll stop bringing the family into it, except for one more thing. You have not paid Galina a thousand bucks. That's a flat-out lie.
CASEY
I did not pay her a thousand bucks?
DUANE
You have not paid her--
CASEY
I just put the money into the account! Look, Duane, you don't know the half of it. You think you do, and it's too bad that people are telling you stuff, because you're a traitor. You take all the information and you twist it around and you post it on the internet. You are a big backstabber, and that's the only way I can call it, man.
DUANE
Okay--
CASEY
Because that's what you are.
DUANE
Okay--
CASEY
You've taken our private meeting, you've taken all the stuff that really is private, it's common sense it's private, my e-mails, personal e-mails, and you're plastering them all over the internet. How can anyone do business with a guy like that? And, you know, I, I--
DUANE
Hey, Casey--
CASEY
...sometimes I just wanna talk about you all over the internet too. I wanna screw up your name, but I don't do that because it's not me. But I might do that in the future if it really pisses me off.
DUANE
Hey, Casey--
CASEY
So I mean yeah, it's not huge leverage, but it's some leverage.
DUANE
Here, here-- Here's the difference. Here's the difference. You're an admitted mortgage fraud person. You have screwed -- admittedly -- every credit card, CashCall, I mean, your mom, your wife, everybody in the world. Okay, the thing is--
CASEY
Duane, you're crossing over the line again.
DUANE
No I'm not! No I'm not!
CASEY
How am I supposed to have you on here if you keep talking about my family? Check this out. OK, yes, I made mistakes. I've screwed lenders, OK? That's-- I have been saying this, it's not like I'm ducking behind the whole thing. But what am I gonna do, walk away from it...
DUANE
(overlapping) Then pay 'em back! Pay 'em back!
CASEY
...and not try to pay them back?
DUANE
Bullshit! What do you mean? You keep talking about... you talk a good game, Casey, but you never do anything about it. You never do anything about it.
CASEY
OK...
DUANE
Because you say you're going to, does not make it so. It doesn't make it right. You've never paid-- I mean, yes, you've given two hundred dollars in token money to CashCall. That's it. You got pissed when Wells Fargo drafted your money. I mean, you've had ample, you've had ample--
CASEY
(interrupting) Duane, again, you don't know the half of it. I am paying, I am paying some lenders, and, ah, look--
DUANE
Who? Who? Who?...
CASEY
--you're getting into... you know what? You're getting into my personal business, and anything I tell you you'll plaster over the internet.
DUANE
Wait wait wait wait wait!
CASEY
I can't trust you man, I cannot trust you. This tough love is a bunch of crap. It's a bunch of crap. That's all I've got to say, man. And Duane has crossed over the line many, many times. I need to tell this story on the blog. I need to tell it. I think that's what I've got to do. And Duane, I thought I could keep you under control here on this, but man, you kept stepping over and stepping over, and that's not right. So we'll move on. Duane... you know, he seems like he's doing something good, but really he's going about it in the wrong-- the worst possible way, just like Mark is. And all they're doing is just aggravating me more and more as if... you know, what kind of strategy is that? No strategy at all. Making it harder and harder for me to trust them. Taking what my family tells them-- get this, they take what my family tells them, and they post it all over the internet. Who does that kind of crap? They're trashing not only my name but my family members. Have I done any of that to them? No, I have never, ever posted anything negative about Duane or Mark. Yeah, I mean I've expressed my frustration with them before, probably, but I don't go out there and post private things they've told me. It's just not right, and that's all I'm going to say about it.

[edit] GBroyles

(1:27:10)

CASEY
So, we'll go to GBroyles. GBroyles, are you there?
GBROYLES
Hi Casey.
CASEY
Yes, go ahead.
GBROYLES
My question is about CashCall. How much did you borrow from them?
CASEY
Ah, ten grand.
GBROYLES
Have you helped any of your family members borrow from them?
CASEY
Nope. You know, it's funny, that whole thing; people are reading into it so much. I have no idea how there could have been any of those email addresses in the system. 'Cause I saw that whole conversation. None of them have ever even heard of CashCall before I applied for it, and neither of them know who it is, and... yeah, none of those family members ever applied. I didn't use no-one's, you know, social security number, I didn't do any of that fraud that people keep accusing me of. It's just crazy. (pause) Does that answer your question?
GBROYLES
Yeah. So when, um, I guess they're looking for forty thousand dollars now. Do you have any idea where they came up with the forty thousand?
CASEY
Forty... thousand... dollars. Well, think about it, they're bluffing. Forty thousand dollars? I owe 'em ten. And they're asking for forty grand. Yeah. I mean that's CashCall for you.
GBROYLES
Did you ever talk to them?
CASEY
No, I have not. I mean, they're kind of just, they being like a little thorn in my side. Look, once I get my stuff turned around here, I'll start paying my debt, or settling it, or whatever I need to do. But it's not smart for me to just dish out money without a strategy. Mark, one thing that Mark did explain to everybody is, that is not a smart thing. I can't just dish out money, I have to use it strategically, and really the ones that need to get paid first is my mortgage lenders.
GBROYLES
A couple of minutes ago you said that you'd been paying lenders. Who have you been paying?
CASEY
I've been paying my corporate lenders. Um, you know. It's not like I'm just borrowing money through the corporation and not paying it. So I'm definitely paying those. You know, I'm putting money together for that. I want to make sure I protect everyone's credit, that's what it comes down to. Unfortunately I wasn't able to protect, you know, my significant other's. And, er, that's-- I feel really really bad about that. It's the very first thing I'm going to try to pay off. Once I take care of the mortgage payments.
GBROYLES
How much did you borrow from the corporation?
CASEY
Ah, I'm not going to go into the corporation.
GBROYLES
Why's that?
CASEY
I just don't. That's not something I want to talk about. (pause) Because people keep sabotaging everything I'm doing with it.
GBROYLES
Well, it seems funny to me that you get mad when people speculate, but you're not helping us out with the real facts.
CASEY
Well, again, I don't have to tell you everything I'm doing. Again, ah, some of these people in the community have gone so far to sabotage what I'm doing. There's some things I just can't talk about. I hope you understand. If you don't, then try having a mob of angry people sabotaging your deals, and then you'll see what I'm talking about.
GBROYLES
Well, I don't think it's really accurate for you to say you can't talk about it. I think what's happening is you don't want to talk about it.
CASEY
(chuckles) Alright, if that's how you feel that's fine.
GBROYLES
No no no, there's a real difference there. When you say you can't, who is it that's stopping you?
CASEY
(talking over him) Look, I've got to cut it off. The hate, the hate meter is going off. I've got to keep going. Do you have anything else?
GBROYLES
Nope, that's it.
CASEY
Good, thanks. (mutes him) All right, seriously, respect, have a little bit of respect. There's some things I can't talk about because look what happens. Every time I mention a, an interview I have, and you know, these haters email and call the producer and the talk-- whoever is going to interview me -- and screw up my chances. I mean, why do they keep me from making money? I just don't understand it. And they they, then they scream at me about not paying any lenders. Um, I mean talking about unreasonable.

[edit] Pink Lips

(1:30:33)

CASEY
Go to Pink Lips. Pink Lips.
PINK LIPS
Oh, hey, Casey, how are you?
CASEY
How you doing? I'm doing pretty good, how about y-- (chuckles) Oh man, I'm answering my own questions, getting kind of--
PINK LIPS
Yeah, yeah.
CASEY
Sorry, I'm just rambling.
PINK LIPS
Yeah, I am, I am shocked at the morons that are your haterz. And, um, maybe you should FYI Mocha not to call when she sounds like she's been chatting from the bottom of a fish aquarium? I couldn't understand a word she was saying, y'know, I know she's one of your fans--
CASEY
Yeah.
PINK LIPS
--but it was horrible.
CASEY
Yeah, I know.
PINK LIPS
And then that Duane guy, he sounds like an overgrown Opie that's maybe inbred or something--
CASEY
(breaking in and talking over Pink Lips) Hey, hey, hey, that's not good. (mutes Pink Lips) That's not good. Personal attacks. That's, the hate, hate meter was going way off on that one. Personal attack, please don't do that.

[edit] LostInTranslation

(1:31:24)

CASEY
'Kay, uh, LostInTranslation. Or--
LOSTINTRANSLATION
Casey, I have just a quick question, um, I've been intrigued by your business acumen over the last several months, and I just wanted to pose a strictly business, not personal, scenario and see how you'd respond to it. Um, you know, specifically, regarding a blog, let's say theoretically, um, I have an opportunity and, to broker a deal, and I have a friend who's going to sell his business-- up and running-- and, um, you know, he's presenting to you to borrow it. He needs-- or, to purchase it, rather.
CASEY
Yeah.
LOSTINTRANSLATION
He needs $50,000 cash--
CASEY
(interjects) Am I--
LOSTINTRANSLATION
Well actually Casey, let me, just to be perfect, I have it right in front of me. It was on your blog, um, post number 105, from mejustme? I don't know if you're familiar with it, it was regarding a business scenario though, and I thought, it would be interesting, so... are you familiar with the comment that I'm, that I'm talking about?
CASEY
Um... (pause) no. Give us a quick background story, and then we'll answer it directly. And be as specific as you can, 'cause, don't beat around the bush if this is a trick question, just come out and say what you want to ask.
LOSTINTRANSLATION
I'm reading right from your blog. And, I just thought it was an interesting perspective on your story, so I'll just read the post. Okay. Here's the scenario. Let's say I know you in real life and I say, "Hey, I have an opportunity to make some money, my friend needs to sell his very profitable business, it's up and running, so I can keep my $150,000 day job while reaping the profits. But he needs $50,000 cash, which I don't have right now, so I'm asking to borrow it from ya. And I'll pay you back $1000 every month with above market rate interest." Let's assume you have $50,000 from selling a blog, and you're like, "Wow, sounds great!" You give me the money and I make a payment or two, then I stop. You come around wanting to know why I can't make the payment. I say I don't have any income. "What happened to your $150,000 day job?" you ask. "Oh, that. I didn't really have a $150,000 day job. In fact, I wasn't working at all. But I know if I told you, that you wouldn't lend me the money, and it was such a great opportunity I didn't want to pass it up. Of course you're angry that I deceived you. Then you realize that you at least can take possession of the business, which is worth at least the $50,000 you lent me. Oh, sorry about that. I did use it to buy a business, but actually (Casey starts chuckling) the business cost me $40,000 and I--
CASEY
(starts to interrupt, talking over LostInTranslation) That's pretty good, pretty good. (abrupt silence) Continue, continue. Oh, okay, he signed off. Well, you know, again, kind of a rhetorical question, trying to pin me in a corner and make me look bad. That's alright, everybody isn't a genius. And, uh, it was good, it was good, to kind of put it in the perspective of the lenders. And that's why I don't want to just walk away from this mess, I want to pay it back.

[edit] SixFigureW2Looser

(1:52:05)

CASEY
Okay, I'm going to stick to my promise. I only have eight minutes left, the only other person I'm going to get on is SixFigureW2Looser. Go ahead, SixFigureW2Looser. That's a great title by the way.
SIXFIGUREW2LOOSER
Yeah. SixFigureW2Looser here. So I've been following you for a while, Casey, and I've got to say: you work harder at avoiding work than anybody I've ever seen. You're a champ at it. You know, you really don't have a job, you really don't do any discernable work, but you spend an inordinate amount of effort telling us about all the work you're going to do, or want to do, or plan to do. You know what I mean?
CASEY
Mmm hmm.
SIXFIGUREW2LOOSER
Um: I am definitely a hater. And I'll tell you why: because people like you have taken advantage of our, you know, ten or fifteen year record low interest rate money supply that has been generated by the government. And you guys go out there, and anybody can get a mortgage, don't have to have a job, anybody can get it: hey, we'll just sign you up, here, here's four hundred thousand, here's five hundred thousand. No problem, stated income, interest-only ARM, pay it later -- there's no value created at all. It just creates a big mess, that everybody else has to clean up. You know what I'm saying?
CASEY
Hmm, yeah.
SIXFIGUREW2LOOSER
You don't know what I'm saying?
CASEY
No no, I hear you. I got you.
SIXFIGUREW2LOOSER
I mean, what do you have to say to that? Why do you think you can just, kind of, show up at age 24, and go around and do all these liar loand and, ah-- you know, you didn't really buy anything. You didn't buy any houses. You just rented them from the bank or, you know, with the intent of turning it over for the old quick and easy profit. I mean, people have told you this a million times, you don't-- I think you have serious like ADHD issues, bipolar issues, manic depressive issues, you know. What do you have to say to all that? (pause) Anything?
CASEY
Hmmmm. (long pause) That's a lot there.
SIXFIGUREW2LOOSER
That is.
CASEY
(long pause) Yeah.
SIXFIGUREW2LOOSER
Yeah.
CASEY
Well, ah-- you know I have a question for you, and people like you. I mean, why all this hate. It's like so personal, as if like I did something personally to you.
SIXFIGUREW2LOOSER
You did.
CASEY
What's wrong with going out there and trying something, you know? Entrepreneurship, that's what it's all about.
SIXFIGUREW2LOOSER
Because it's not real entrepreneurship. Entrepreneurship is creating a product or service of genuine value that... is a new invention, is a new, is truly a new way of doing business. Something that nobody thought of before. You know, going out and taking all these loans out, and with the intent of flipping it on the ever-escalating rise of home prices: that is not based in reality, not based in income, it is pure speculation. It just creates damage and harm for people, like me, who -- for Christ's sake Casey, I make over six figures, all right? Full benefits, everything. And I can't even--
CASEY
Yeah. You're set up nice, huh?
SIXFIGUREW2LOOSER
Yeah, I am. And you wanna know why? Because I worked hard--
CASEY
Sweet cashflow coming in. Yeah.
SIXFIGUREW2LOOSER
Uh? Yeah, it's cashflow coming in, because it's money deposited to my account every two weeks.
CASEY
Doing good, yeah.
SIXFIGUREW2LOOSER
Yeah, I am. And you know what? The only loan that I'm offered is this interest-only ARM. Oh, they'll give me all the money in the world, but you know what? I'm not buying it. I'm not going for it. Because the whole market is upside down. And people like you who went out there and thought you could, you know, just flip and turn a quick profit really screwed it up. It's not-- I mean, you're just like, you're the bullet point for it. You know what I'm saying? A lot of people did it. You decided to make it public and do a blog about it and turn into this big media event. And that's why you're the focus point of so much frustration for people who tried to do it the honest way, and who are hard working, and actually produce something of value. You don't. You know, and this whole thing--
CASEY
So I don't bring value, I'm just a big loser. Do you think I've done anything good? Or positive? That's a good question to ask, right?
SIXFIGUREW2LOOSER
(pause) I can't think of a single thing. You know, I'd like to know about your fifty thousand dollar a year job at Pride Industries. You really, you honestly made fifty thousand dollars a year? Somebody paid you fifty grand a year when you were, what, twenty-three years old? With no college degree?
CASEY
Yeah, mmm-hmm.
SIXFIGUREW2LOOSER
Yeah, I mean, I think that's probably pretty suspect too. I mean, everything you say is overstated. You always, like, whatever's good, you pump it up, whatever's bad, you downplay it or avoid it or whatever. I-- You irritate first-time homebuyers who are trying to do it the right way, you really do. And-- because you just, you're just the symbol of everything that's wrong with the housing industry.
CASEY
(pause) Hmm. So I've done nothing wrong, I'm just a big loser. (pause) I'm sorry, I've done nothing right, that's what you're saying. I've done nothing right, I'm a big loser.
SIXFIGUREW2LOOSER
(pause) You're a big annoyer. You're definitely an annoyer. I mean, you always call yourself a loser. I didn't say it, I-- I didn't say you were a loser, I mean, you're the one who's saying it. But--
CASEY
(chuckles)
SIXFIGUREW2LOOSER
What-- where do you-- where are you going with this? I mean, how do you think that you're going to turn negative-- right now you have a negative net worth of what, two million or something? How are you going to turn that into a net gain? What are you doing to-- you know, you have all these big deals you're always talking about, and then nothing ever happens. I mean, I look at every single entry on your blog. Dude, seriously. Job with Chris: and there's like, a couple of days later, ahh, it didn't work out. And then, you know, Rich Dad office, work in a Rich Dad office. Oh, didn't work out. Oh. You know, free place in Australia, couple of days later, well, it didn't work out. I mean, are you seeing a pattern here, you know what I'm saying? Got a Jetta, bought this Jetta with nice rims and big woofers and everything in it. Couple of days later, awww--
CASEY
Mmm-hmm. What other point do you have, man? What other good stuff have you been able to buy with six figures?
SIXFIGUREW2LOOSER
I bank it. I'm banking it. I don't spend anything. Put it in the bank, I'm waiting for the housing market to crash, and then I'll walk in with like a hundred G's, put it down, and put an actual -- get this, man, here's the novel concept for you -- a down payment on a home that I intend to live in. Not try to, you know, slap a coat of paint on, and some marble counter tops, and the Jenn-Air and the stainless-steel appliances and sell it for, you know, a forty percent profit next year. Which is the way most people try to buy their houses, not, you know, speculators and real--
CASEY
All right, SixFigureLooser. Thirty seconds left, um: what can I do to improve my situation? So far it's been a lot of hate. What one positive thing can you tell me now?
SIXFIGUREW2LOOSER
Go back to school, get a real degree, get a real job. Clean up your mess. You know. You don't do anything to clean up your mess. You fly to Australia, for Christ's sake. How does that clean up your mess? You know, where-- I mean, I've said it. Everybody's said it. I just wanted to try this thing out. See what it was like.
CASEY
Sure. Well, you've got some good stuff to say. Well, you think it was good. But um-- no, it was good. It was an example of a hater. And maybe I gave him too much time. But at the same time that gives you the perspective, you know. I want to let everybody speak their mind, keep it organic, so it's always good to look at a situation from different angles. I can learn from both the good part-- the good and the bad comments.

[edit] Links

[edit] References

  1. ↑ Internet Cafe, Flickr, taken on June 30th 2007: "Sandwiched between an adult night club and an adult book store."
  2. ↑ OK, here’s a scenario..., comment by mejustme on IAFF, June 28th 2007 at 8:02 am
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