what would a liberal say
 

Its Bushes fault!

kind of helps lay to rest the thread where it was speculated that high performance boat builders were making money hand over fist and just raping the consumer because they could get away with it

http://www.offshoreonly.com/forums/g...expensive.html

as if Fountain, Baja, and Donzi going under along with the Pantera hijinks and the Frisini hijinks was not enough to show that boatign was not a massive profit business right now

and government regulation is killing all industries right now and that is part of the issue.....if we could just free the capital that is wasted making sure that everyone and everything falls in line with government asshatery there would be billions and billions (probably tens to hundreds of billions) out there to be spent on something useful, productive, or even *gasp* fun!.......instead it is wasted on silly posters to put up next to the time clock reminding the drones to follow the rules or to sue you for not following the rules and even worse paying some dickhead to come around and inspect that the poster is in place, the words are the right size, font and color and it is in the proper 38 languages with the exact correct verbiage (verbal diarrhea)

I was looking the other day at LED running lights that could be put in the rub rail of a boat.....they are not available (well one brand is that mounts around the rub rail and protrudes out to easily get torn off/smashed) but the ones that actually mount in the rub rail are *gasp* not USCG approved.....even though they are MUCH brighter than most incandescent, much less prone to burning out,look pretty cool (style is not important only conforming) and many game wardens in various states were telling fresh water boaters in non-navigable waters how cool their lights looked, how much brighter they were and how well they functioned and that they would never be writing them a ticket for those lights......of course none of that is in writing, it is up to the individual officer and the USCG does not give a damn about any of that so if the coasties catch you then you are getting a ticket.....not to mention that many of the standard running lights are now only good for boats built before 2003.....because apparently unbeknownst to anyone with their head out of their ass there must have been a massive amount of ships and large boats running over idiots in small boats with poor running lights or the inability to see BIG ASS SHIP and to move out of the way before BIG ASS SHIP ran their dumb asses over.....so yea we ALL (well all that actually pay taxes) paid for some clowns that should be swabbing toilets to come up with new running light standards for navigable waters so we can prevent the death of the 3-4 (probably drunken complete idiots) that managed to run their 80mph flats boat into the side of a tanker or cargo ship...and somehow they failed to take LEDs into account in the new standards......because why look to the future when doing revisions to garbage rules why not do them retroactively in a reactionary fashion

if we could just take the books of rules and regulations, the workplace safety posters and the idiots that come up with them and inspect them and burn them to keep warm next winter we would all be so much better off...and probably warmer since by next winter surely some new rules and regulations will run up the price of heating in all forms and energy in general

Impressive rant dude! :evilb:

+1

Its pretty simple in my eyes. 10 years ago, when it seemed that EVERY ONE had a boat, it was because ANYONE that wanted a boat could get one....even if they couldn't afford it. The banks were so willing to finance, a boat or a house became an IMPULSE buy, and I know of many that had shaky credit but some how still got what they wanted at that time. Bottom line, there are a ton of people that would still be making bad decisions and buying boats they can not afford, if the banks would let them.

Spot on

I called this years ago with the interest only loans and 110% financing banks were doing.

It actually ended up worse because of all the programs put in place to help the people out.

Responsible for our own actions???? God forbid !!!

The lethargic economy is obamas fault and that is a major factor in the boat business. obama is presiding over the worst/slowest economic recovery in history. Additional business regulations and taxes, his expansion of the public/gov't sector at the expense of private business is backwards and not what made this country great. When people wake up to the fact that the dollar is worth less every day as the government prints 80 billion plus new dollars each month and your stock therefore isn't doing as well as you thought, maybe we'll have a change.

But it's so much easier to blame others......or put it all on one man. Every time I hear someone say they don't have something, or they're not making it in life because of the economy or a single man such as a president I just laugh. The down turn in the economy exposed the businesses and people that were living beyond their means. The hard workers, thinkers, planners, and responsible ones just kept plugging along.

BTW I am not a fan of the current president, or the past president, or any politician in general. I think our entire gov't needs a make over. But I would never blame "them" If I couldn't fulfill my financial obligations.

Yes, you're correct. I've been hearing a lot of Quicken Loans Co.advertisements for home equity loans again.
ed

2 things that are sad in this thread,1 boat builder bites the dust 2 someone turns it into a political thread.on a side note,the stock market hit an all time high so i guess we can credit obama with that,or maybe bush did it.4bus hit the nail on the head,no more loans to people who can not repay them.