What's this got to do with boating?
JR

HK wrote:

...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward
slide.

--
--------------------------------------------------------------
Home Page: http://www.seanet.com/~jasonrnorth

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....

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.

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.



If there were *any* way I could prevent my tax dollars from benefiting you,
I would pay double to find and eliminate it.

Eisboch

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.



If there were *any* way I could prevent my tax dollars from benefiting
you, I would pay double to find and eliminate it.

Eisboch


It's National election season. 8)

Eisboch wrote:
"HK" wrote in message
...


We don't keep any significant liquid assets in any U.S. financial
institutions.



If there were *any* way I could prevent my tax dollars from benefiting you,
I would pay double to find and eliminate it.

Eisboch




Treasuries Gain as Stocks Fall on Concern Bank Losses to Worsen

By Daniel Kruger and Sandra Hernandez

July 14 (Bloomberg) -- Treasuries gained, pushing two-year note yields
down the most in more than two weeks, as stocks fell on concern that
U.S. banking-system losses may be worsening.

Predictions of wider losses overshadowed the Treasury Department's
support of Freddie Mac and Fannie Mae. Washington Mutual Inc. posted its
biggest drop ever and National City Corp. tumbled to a 24-year low after
last week's collapse of IndyMac Bancorp Inc. spurred speculation that
more regional banks may be short of capital.

``There's a significant amount of grave concern about the banking
sector,'' said T.J. Marta, a fixed-income strategist at RBC Capital
Markets in New York, the investment-banking arm of Canada's biggest
lender. ``Now what we're having is solvency concerns.''


- - -

Perhaps you and SW Tom can talk the U.S. economy out of its slide...

Why should we invest in or trust assets to poorly managed financial
institutions?

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.



If there were *any* way I could prevent my tax dollars from benefiting
you, I would pay double to find and eliminate it.

Eisboch

And if only we could get back the blood that was shed to protect Harry's
sorry ass.
America the beautiful. Love it or leave it.

"Eisboch" wrote in message
...

"HK" wrote in message
...



We don't keep any significant liquid assets in any U.S. financial
institutions.



If there were *any* way I could prevent my tax dollars from benefiting
you, I would pay double to find and eliminate it.

Eisboch


Harry should go live where his money is.

On Thu, 17 Jul 2008 22:46:14 -0400, "Eisboch" wrote:


"HK" wrote in message
...

We don't keep any significant liquid assets in any U.S. financial
institutions.

If there were *any* way I could prevent my tax dollars from benefiting you,
I would pay double to find and eliminate it.

ROTFL!!!

Now there's a concept.

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.