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02-23-2010, 07:39 AM
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CC Member
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Join Date: May 2000
Location: Northern VA,
VA
Cobra Make, Engine: Classic Roadsters
Posts: 2,765
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Not Ranked
this guy has some balls
Not sure what the repercussions are, but it takes balls:
http://news.yahoo.com/s/ap/20100223/...sure_bulldozer
Looks like it had a 4 car garage too.
.
__________________
LIFE IS TOO SHORT TO WORRY ABOUT GOOD GAS MILEAGE
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Utinam logica falsa tuam philosophiam totam suffodiant!
________
Last edited by CobraEd; 02-23-2010 at 08:13 AM..
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02-23-2010, 03:13 PM
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CC Member
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Join Date: Jul 2003
Location: Huntsville, AL,
AL
Cobra Make, Engine: 90% of a 428 friggin SCJ Engine!
Posts: 4,474
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Not Ranked
I wonder what the repercussions will be. The house is the collateral. So if you walk away, the bank can recover some money. But if you destry the house, what can anybody do to you? Can you get into legal trouble for destroying "your" property? Is it really yours unitl it is paid for? Isn't this guy really destroying the banks property? What is to keep thousands from copy catting this if there are no repercussions?
Seems like he could be in a lot of legal trouble. Maybe a lawyer will chime in.
__________________
Happy to be back at Club Cobra!
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02-23-2010, 06:56 PM
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Senior Club Cobra Member
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Join Date: May 2001
Cobra Make, Engine: A CSX Cobra,1966 GT350 and an '06 Ford Heritage GT
Posts: 1,829
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Not Ranked
I saw this come up on another site, and there is some interesting background here. The bulldozer guy was in the carpet business with his brother, and the brother sued bulldozer over 'improprieties' in the books, and the he said/he said broke the business (and the bank, I suppose). Of course the IRS was called, and they found quite a few irregularities, and ended up going after BOTH partners in the biz...brother paid up, and moved on. Bulldozer apparently had taken loans out at the bank using this house as collateral to finance the ongoing litigation, and when he lost, he razed the house and blamed it on the IRS! 
Now I'm all for disputing tax bills and making the IRS EARN every penny they can squeeze out, but at some point you have to man up and say if you are going to borrow a dollar, you're going to pay it back! He had received something like SEVEN YEARS of grace from the bank...did he just expect them to forgive the loan and let the shareholders eat it?!?!?!?!? 
__________________
"I think we have more machinery of government than is necessary, too many parasites living on the labor of the industrious." Thomas Jefferson
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02-23-2010, 07:07 PM
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CC Member
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Join Date: May 2008
Location: Sacramento,Ca.,
Ca.
Cobra Make, Engine: Midstates (2001)
Posts: 1,724
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Not Ranked
I guess thats not as bad as flying your airplane into the IRS building..........
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02-23-2010, 07:16 PM
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CC Member
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Join Date: Feb 2000
Location: St. Lucia, West Indies,
WI
Cobra Make, Engine: Unique 427SC 383 stroker
Posts: 3,772
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Not Ranked
 That is for sure!
__________________
Tropical Buzz
Grant me the serenity to accept the things I cannot change, the strength to change the things I can, and the wisdom to know the difference. -(wasn't me)
BEWARE OF THE DOGma!! Dogmatism bites...
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02-24-2010, 04:11 PM
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CC Member
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Join Date: Apr 1999
Location: cleveland,
OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
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Not Ranked
It wasn't a bulldozer, it was a track loader.
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
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02-24-2010, 11:52 PM
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Super Moderator
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Join Date: May 2001
Location: Fresno,
CA
Cobra Make, Engine: KMP 184/482ci Shelby
Posts: 14,448
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Not Ranked
...sorta like cutting your balls off despite your dick.
__________________
Jamo
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02-25-2010, 08:26 AM
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Senior ClubCobra Member
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Join Date: Feb 2006
Location: Northern,
Ca
Cobra Make, Engine: LA Exotics
Posts: 1,037
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Not Ranked
A track loader.... the guy has no class. I would have used a D11T.
Anthony, is bulldozer a knickname or a brand name. I looked at the Caterpillar site and saw the word dozer, but not bulldozer.
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02-25-2010, 10:35 AM
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Senior Club Cobra Member
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Join Date: Dec 2003
Cobra Make, Engine:
Posts: 2,705
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Not Ranked
Quote:
Originally Posted by Jamo
...sorta like cutting your balls off despite your dick.
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Now that doesn't even make sense! 
__________________
If you can't stay on the road, get off it!!
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