“Your Are In Debt, Sir!”
Heeeeeeeere’s The Default Notice…
The Associated Press is reporting that pitchman and long-time Tonight Show announcer Ed McMahon is over $640,000 behind in mortgage payments for his Beverly Hills home.
McMahon’s spokesman said the 85-year-old announcer has been unable to work since he broke his neck 18 months ago.
Many people are asking: how could this happen?
How is it possible that TV’s most successful pitchman is still living paycheck-to-paycheck at 85? I thought voice-overs provided you residuals for life. Ed was the second banana for 30 years on one of the most successful TV shows ever. He was the Simon Cowell of the 80s, hosting Star Search for over 12 years.
He was the spokesperson for Publisher’s Clearing House, for crying out loud. Even the pizza dude gets a couple bucks for delivering a lukewarm sausage and double cheese pie. You’d think a guy delivering $10 million dollars might get a couple thousand here and there for his efforts.
In fairness, McMahon’s house has been on the market for two years and I’m not sure why you’d just keep pouring money into something you’re just going to get rid of anyway.
But what this whole episode really highlights is the need for the Federal government to provide subsidies to help out former talk-show second-fiddles.
If Ed McMahon’s fallen on hard times, I’m pretty sure Andy Richter is eating out of a dumpster.
We’ll be right back after a word from our sponsors….
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