Uh Oh!

Been thinking about this. Same is happening in Canada. Fuel is sky-high $6 GAL (hence a 4 stroke 40 HP limit). Loonie is sky high (at par or above US green back), depressed auto sector...
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Where are you that fuel is 6 dollars a gallon?

Sure isnt that much on the west coast.

Ryder
 
Great information, Dan. It makes me believe that Kevin Kostner must be some kind of Prophet!

Remember Water World? That must have been a vision of life near the very end. One tanker of Oil left floating on a world completely flooded by Global Warming! :lol:

I sure hope he makes another movie before the elections.
Mike
 
BAD BILL BAD!! Man, I leave for a couple few weeks for a nice boat ride, come home have to re-train the dog, Bill cuts loose a volley cross the bow only to hear it whistle, I wonder what I have missed in the 2030+ post since I have been gone, and then realize I did enjoy over 2+ weeks of no news at all .... and then my friend Bill starts this.

Well, nuff said. See Yall In Seattle area in about a week.

Look'n forward to it.

and I'll just say this...about that....sometimes pictures just do more than many words.
sit.jpg
 
Interesting thread. Lots of good info from both sides. Since we do have the thread and it hasn't gone "Postal" as some of our threads have, I'm gonna throw in a fascinating article for comment.

Recession Talk Is Cheap
If the U.S. is capable of talking itself into an economic downturn, we may be on the cusp of the first recession in history caused by a bad mood.
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Personally, I can't stand media obsessions. Britany Spears, Paris Hilton, anything but good journalism. Is this "Recession" talk a media event? A Wall Street CYA event? I'm not psychic, but I can't seem to shrug off David Gitlitz's scenario so I'm throwing it out there. Prolly could find a forum elsewhere that's more tuned to economic subjects but I'm both lazy and confident that we have quite a bit of unsung talent right here....

PMS?

Don
 
Our area (Central Washington State) is always contrary economically. We are just coming out of what I would describe as a 10 year depression in the fruit industry. The apple industry went through low prices and a consolidation that forced most small producers out of business. Housing prices and wages have stayed low.

Now food prices are up and agriculture is having the best economic conditions that we've seen in years. Our area has been "discovered" by developers from the urban areas. I think discovered means that money like water flows to a low spot and people have discovered that our commercial and residential property is still undervalued. Yakima County is #1 in the nation for year over year housing price increases (something like 7-8%). I never thought that I would see that in my lifetime. Our downtown core is also being rejuvenated and redeveloped.

Unemployment is also at an all time low in our area. We're trying to hire several people and we're getting a very small response compared to years past.

I guess that my point is that some economic trends really are localized. However, I'm getting killed on my stocks just like everyone else. I've got a few more years of working to ride this out. I feel for those of you who are dependent on your investments for income, this can't be a fun market.
Lyle
 
Okay, I'll wade in here with a dime's worth of 2 cent comments.
When I fear for our economy it isn't fear of the usual cyclical recesion/ boom occilation we've seen many times before. I fear the government, both houses of congress and the executive branch, have spent us into a national debt that cannot be paid for in any way. The entitlement programs like medicare, social security and the new back breaker, prescription drug benefits, cost more than is possible to pay. These obligations go beyond annual deficit spending. This extreme debt causes our international competitors to downgrade the value of our dollar and loose interest in the nations debt instruments making it more difficult for the government to raise funds to pay for all the other functions it deems necessary. Without this obligation to pay for these specific unfunded entitlements our economy could deal with housing slumps, rising fuel costs and consumer credit calamities. I fear this extreme debt will strip the wealth from our nation and strip our individual wealth with it.
We have had our votes purchased with our and our children's money.
I can afford a larger boat and can afford to pay for less efficient propulsion. That doesn't mean it would be wise to do so. How can it be wise for the government to spend beyond what it (and that means you and I,) the taxpayers, can afford?
My economical, practical, rugged C-Dory allows me to be free from debt, economically flexible as boating costs increase, and still boat on any water that interests me.
Mike "Levity"
 
westward":2vqk2985 said:
Dan's conclusion was prophetic: "we will all change our lifestyles, consciously or otherwise". We're not in Kansas anymore, folks, we're in a world economy. Those who accept and deal with this fact will still do well. Even when the subprime crisis is corrected there are structural changes already in play. Good news: one relative advantage of the C-Dory now, and I'm sure one that most of us considered when purchasing, is the legendary C-Dory "efficient-C". Our vessels will hold their value better than most. Mike.
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When we purchased the C-Dory, efficiency was tops in my mind. It
was obvious that $1/gallon was long gone, I still wanted to boat and
go places. C-Dory should capitalize on this in a big way, drop the
29 (is it efficient?) and work on the 22 and 25s.

Mike
 
Levity":39fwuxzu said:
Okay, I'll wade in here with a dime's worth of 2 cent comments.
When I fear for our economy it isn't fear of the usual cyclical recesion/ boom occilation we've seen many times before. I fear the government, both houses of congress and the executive branch, have spent us into a national debt that cannot be paid for in any way. The entitlement programs like medicare, social security and the new back breaker, prescription drug benefits, cost more than is possible to pay. These obligations go beyond annual deficit spending. This extreme debt causes our international competitors to downgrade the value of our dollar and loose interest in the nations debt instruments making it more difficult for the government to raise funds to pay for all the other functions it deems necessary. Without this obligation to pay for these specific unfunded entitlements our economy could deal with housing slumps, rising fuel costs and consumer credit calamities. I fear this extreme debt will strip the wealth from our nation and strip our individual wealth with it.
We have had our votes purchased with our and our children's money.
I can afford a larger boat and can afford to pay for less efficient propulsion. That doesn't mean it would be wise to do so. How can it be wise for the government to spend beyond what it (and that means you and I,) the taxpayers, can afford?
My economical, practical, rugged C-Dory allows me to be free from debt, economically flexible as boating costs increase, and still boat on any water that interests me.
Mike "Levity"
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You are ignoring the excesses of Iraq and the money flowing to a very
privileged few. Folks, we are spending mightily to ensure that Iraq
oil flows our way or no way and not China. In the end, the SUVs
we drive for no reason are what is really going to cost us.

Don't let the folks receiving the benefits of the spending deceive you
into looking elsewhere. And yes, to a certain extent, that does include
the health care industry, particularly drugs.

Mike
 
Levity: I agree with much of what you say, and suspect we think alike with regards to finance and personal discipline. One major correction is in order however: Social security/medicare is completely funded (in theory) by a dedicated tax. Either you pay half and the employer pays half (employees), or you pay the whole thing (self employed), but it's around 16% and there are damn few ways around paying it. Problem is that congress and the Prez, while Lyndon Johnson was in office, rolled the revenue from the social security tax into the general federal budget to a. have more available to spend, and b. make red ink in the overall budget go away. Social Security is not an entitlement program, but rather an investment that you (and your employer if you're an employee) are forced to make, for which you receive a piss-poor return. What I'm saying supports your argument, but it's our government's handling of the funds rather than the absolute amount spent on the program that makes Social Security such a problem. If the average person saved/invested 15% of their income during their working life there would be no need for the program. I've heard from a benefits consultant that for employees of average benefit level and average lifespan the real rate of return is around 2%. Hope this furthers our discussion. Don't ask me what this post has to do with boating. Later, Mike.
 
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