"manta.bay" wrote in message
...
Hello readers please take a moment to view the following:

A 17 m yacht "Melanie" was recently destroyed in a sudden and violent
storm, please go to http://www.lostyacht.org for pictures and more
information. (this is a donation site)

================================================== ====

Interesting reading ::: the web site is compelling.

WaIIy wrote:
On Tue, 26 Feb 2008 03:17:57 GMT, "Sir Thomas of Cannondale"
wrote:


"manta.bay" wrote in message
...
Hello readers please take a moment to view the following:

A 17 m yacht "Melanie" was recently destroyed in a sudden and
violent storm, please go to http://www.lostyacht.org for pictures
and more information. (this is a donation site)

================================================== ====

Interesting reading ::: the web site is compelling.



It's not like their kid has cancer or they are out on the street.

They ****ed up, don't we all.

Hey, I lost 20K on a house once, please send me some cash.

The web site makes me slightly uncomfortable.

Certainly a novel alternative to insurance. Perhaps we should all try it.

DP

"Dennis Pogson" wrote in message
...
WaIIy wrote:
On Tue, 26 Feb 2008 03:17:57 GMT, "Sir Thomas of Cannondale"
wrote:


"manta.bay" wrote in message
...
Hello readers please take a moment to view the following:

A 17 m yacht "Melanie" was recently destroyed in a sudden and
violent storm, please go to http://www.lostyacht.org for pictures
and more information. (this is a donation site)

================================================== ====

Interesting reading ::: the web site is compelling.



It's not like their kid has cancer or they are out on the street.

They ****ed up, don't we all.

Hey, I lost 20K on a house once, please send me some cash.

The web site makes me slightly uncomfortable.

Certainly a novel alternative to insurance. Perhaps we should all try it.

DP

=============

Although I am not in a position to offer financial aid, I do feel bad for
these folks.

I opened their web page to learn what happened.

When reading about situations like the one they were in, I am reminded of
how important the anchor is.

I carry two anchors, a plow and a Danforth. Both are "right sized" for my
sailboat.

This summer, if all goes as planned, I will be doing a cruise where I may
end up leaving my boat unattended.
for a day or two. As such, I've gone out looking to a big, oversized anchor
to use just for this trip.

My feeling is: if I am going to take a chance, I want the largest anchor
possible to hold my boat.

I won't carry this anchor all the time, but for this special occasion.

Do you ever carry an oversized anchor for special trips, anchorages?
Wondering ..

If the two sailors in Aus, had a secure anchor, or mooring, they would not
be posting..

On Tue, 26 Feb 2008 13:13:37 GMT, "Sir Thomas of Cannondale"
wrote:

Do you ever carry an oversized anchor for special trips, anchorages?
Wondering ..

Yes, and I use it for the regular working anchor. After 30+ years of
cruising New England and quite a few other places, I've become
convinced that the biggest anchoring risk is the unexpected squall
line that blows through in the middle of the night. If you save the
big anchor for "special trips or occasions" you will not have the
benefit when you are most likely in need of it.

A 17 m yacht "Melanie" was recently destroyed in a sudden and
violent storm, please go to http://www.lostyacht.org for pictures
and more information. (this is a donation site)

Hey, I lost 20K on a house once, please send me some cash.

Certainly a novel alternative to insurance. Perhaps we should all try it.

An interesting concept perhaps, an insurance co-op. Members get billed
not a set annual bill, but a small overhead plus their share of the
losses that occurred over the past pick a time period with the
verifiable list of those losses posted somewhere.
--
Dan Best - (559) 970-9858, Fresno, CA 93704
B-2/75 1977-1979
Tayana 37 #192, "Tricia Jean" http://triciajean192.home.comcast.net

On Tue, 26 Feb 2008 07:28:48 -0800, Dan Best
wrote:

An interesting concept perhaps, an insurance co-op. Members get billed
not a set annual bill, but a small overhead plus their share of the
losses that occurred over the past pick a time period with the
verifiable list of those losses posted somewhere.

That's sort of how Lloyds of London works as I understand it, except
that members share in the premium revenue as well. An insurance co-op
would have to be managed as a business of course, or it would quickly
fail. One major problem is that the co-op would likely pick up the
riskiest business out there unless members were thoroughly screened
and vetted. There are reasons why large companies will not ensure
ferro cement construction. A provision for loss reserves would also
need to be established so that members could not pick and choose the
losses they would cover. To be successful the co-op would end up
looking a lot like an insurance company with all that implies.

On Tue, 26 Feb 2008 11:01:21 -0500, Wayne.B
wrote:

To be successful the co-op would end up
looking a lot like an insurance company with all that implies.

I figure the insurance companies have every base covered.

Casady