Friday, July 24, 2009

The Jacksons are having cash flow problems


Katherine Jackson petitioned the courts to immediately award an allowance for her and Michael's three children. According to lawyers for Michael's estate, the allowance is necessary because Katherine currently "has no independent means of support" other than "modest" Social Security benefits and that the kids are relying solely on the trust Michael left for their care and support.

Now, Michael left her that money so she is certainly entitled to it, but...um...doesn't she still have 8 grown children and countless grown grandchildren? And what happened to the record company Joe just plugged? He's not giving her anything? And why don't her sons give her any money for the other children she is raising for them? Why is she raising other grandchildren anyway? What is really going on?

A judge will render a decision on the allowances on August 3rd. Lawyers for the estate have also petitioned the court for permission to re-print Michael's autobiography Moonwalker while demand for memorabilia is still high.

Katherine and the kids are not the only ones who need cash. According to Rolling Stone magazine, numerous sources told them LaToya Jackson came to Michael's estate in the hours after his death looking for bags of cash Michael was rumored to keep hidden around the house.

8 comments:

  1. The sons have nothing to give. Those SOB's haven't worked in a looooooooooong time. Except for Janet everyone was living in one way or another off Michael.

    Katherine was also reported to have called the nanny asking about where the money was kept because it was family knowledge that MJ kept money hidden in the house.

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  2. Michael's brothers are irresponsible. Most of them can't support themselves. The entire extended family was living off Michael. Now that he's gone everyone is panicking. There might not be any money left for the kids if Katherine gets her hands on all of the estate. Let alone Joe. He would gamble it all away and spend it making it rain on them hoes in Vagas.

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  3. I think Michael trusted his mother for good reason I think she was and continues to be the rock of the family.

    As far the sorry other kids well I guess Joe's beatings only worked on Michael and Janet.

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  4. Now they say Rebbie might raise the kids. Forgive me if I offend you but their Jehovahs Witness religion is one of the reasons they were so isolated and Michael so lonely. Rebbie and Katherine are devout witnesses. Michael left the witnesses when he got old enough in the earlt 80's. His kids don't need to be raised with that. Janet needs to step up. Their white momma obviously doesn't want them just a check

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  5. LOL@ Joe making it rain. That whole family has problems, even Janet. She had a baby with Debarge, named Renee and the family kept it secret. MSNBC did an article about it. Supposedly Rebbie raised the child and she's grown now. Janet didn't even wanna raise her own, so I don't think she'd be a good candidate to raise somebody else's kids. This whole thing is 1 hot mess! I'd like to see who'd be fightin over the children if there was no money to be got. So sad.

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  6. Katherine would still raise them if Michael's money wasn't there only they wouldn't get the special treatment like now. They would be thrown in the room with bunkbeds with their other cousins she's raising from her lazy ass confused sons.

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  7. You people are making comments like you know the Jackson's personally LOL...slow your roll because the only reliable source is God and he's not speaking through any of you LOL, and as for Katherine and Rebbie raising the children, Micahel knew his mother and his very spiritual and obviously it didn't bother him or he would not have named his mother to raise, them. Like Micael said....some of yall need to start with "Yourselves" take a look in that mirror and stop trying to figure out whats going in in Micahel's family world!

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  8. You people are making comments like you know the Jackson's personally LOL...slow your roll because the only reliable source is God and he's not speaking through any of you LOL. As for Katherine and Rebbie raising the children, Micahel knew his mother and his sister are very spiritual and obviously it didn't bother him or he would not have named his mother to raise, them. Like Michael said....some of you need to start with "Yourselves" take a look in that mirror and stop trying to figure out whats going on in Micahel's family world! Make that change LOL

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