Jim wrote:

"HK" wrote in message
...
John H. wrote:
On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III"
"Reggie is
Here wrote:

HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting
away at the $600/month marina slip. In order to HAVE boats, some
boaters have invested vast sums of money in securities with
various, previously-stable, banking institutions now on the verge
of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY
on-topic to a discussion about boat....unless you're Donald Trump
and sold your little house in Florida for $95,000,000 this morning
to one of the Russian billionaires. Don wanted $120,000,000 but
had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on
the radio at $16,830,000 PER YEAR....as of 2006. A "small tax
increase" could put the Russian's property taxes above the GDP of
several small African countries!

I think he screwed up....


We don't keep any significant liquid assets in any U.S. financial
institutions.
Harry, we all know you don't have any significant liquid assets, so
it is very easy for you to keep them out of US financial institutions.

I was surprised no one else picked up on that.


Snerk...yeah, that's the ticket. Maybe I should go buy a travel
trailer I'll rarely use. I was down at the marina for a little while
yesterday, Herring, doing a bit of maintenance work. Have you had that
new boat of yours in the Bay yet?

Oh...and Reggie? The guy who lives in Hotlanta and spends his offtime
sleeping on a bubble boat in the middle of a receding inland lake?
Yeah. That's what I want to do.

You should get a travel trailer that you will rarely use. You can park
it next to the little boat you rarely use. You'll at least have a place
to take your afternoon nap and a convenient place to go when you want a
snack or need to take a whiz. How many hours did you put on your last
boat? 15 maybe in 5 years.


How's that old, clapped-out Wellcraft you claimed to own? Got a *recent*
decent photo of it?