With all due respect, and whether or not you think Obama is a savior or the anti-Christ, he was handed this mess we now call our economy. It's easy to forget that the first big "bail out," to the tune of $80 billion if memory serves, was AIG. Under the watch of President Bush.
To state or even imply that Obama is responsible for the current state of our economy simply ignores the facts. And that's not even taking into account the effects that China's and Europe's economic woes have had on our economy.
And before Obama haters savage me, please keep in mind that I'm not saying he has the solutions. (I'm not sure any one person can.) I am saying, however, and the facts are crystal clear, that this mess started long anyone even knew his name.
I am also not blaming Republicans. The sub-prime debacle has Democratic fingerprints (Frank and Dodd, for those who care) all over it.
To the original question at the top of this thread: No. These are the toughest times the marine industry has ever faced, and the industry will look a lot different when it emerges.