Going to be fewer boaters this year. House or boat?

The big truth is US Obama and the Fed are creating so many new
inflationary dollars that it actually exceeds the American consumption
of sheets of toilet paper.

Do that long enough and you will trade toilet paper for oil, and need a
lot of it.

It isn't just oil, gold, silver, copper, wheat, barley, corn, flour,
cars, you name it, it is called currency based inflation.

Get used to it, DC is destroying the purchasing power of your income.

If you care to know why, ask yourself would you lend a delinquent debtor
your money for 0.25% interest in a 6+% inflation environment?

Oil prices are going to be about $100 all summer.

What avid boaters need to do to make sure they can afford boating is to
make sure you have enough major oil-co stock that pays enough dividends
to keep you in fuel. This way if oil goes up, the dividends follwo and
you can continue to afford motion potion.

Dated Brent, approaching $115/barrel.

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Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.