Another reason why more tax cuts for the rich are a must. . .

[Faygo Kid]

They need the money for new dockage to accommodate their megayachts.
George Bush's America. George Bush's base. Insanity, and worth a read.

The New Megayachts: Too Much of a Good Thing?

http://travel2.nytimes.com/2006/01/13/travel/escapes/13yacht.html

. . more and more, limitations like these are frustrating the growing megayacht crowd. In recent years, the production of these nautical behemoths, which range from 80 feet to more than 200 feet and can easily cost as much as $200 million, has been outpacing the availability of dockage long enough or deep enough to accommodate them.

There are an estimated 7,000 motor yachts over 80 feet long in use, said Jill Bobrow, editor in chief of ShowBoats International, a yachting magazine. That's up from about 4,000 a decade ago.

"Boats are getting bigger and bigger," Ms. Bobrow said. "It used to be that 200 feet was big. Now the largest boats are 400 feet." Contracts for motor yachts 150 feet and larger increased 15 percent, to 118 from 103, in 2005, according to ShowBoats International. Of those 118, 33 percent are more than 200 feet.

By contrast, there are roughly 440 marinas with berths big enough and water deep enough to accommodate vessels 100 feet or bigger, according to Superports, a British magazine that publishes an annual list of megayacht marinas. It is a problem that has vexed Ira and Audrey Kaufman ever since they built their dream boat, Gray Mist III, a 150-foot yacht fashioned after their home in Highland Park, Ill. - complete with antique furniture, a working fireplace and a dining table that seats 12 - about five years ago. . . (cont'd)

[LSparkle]

1. Where are those pirates when you need 'em?

[azmouse]

2. Reading that makes me want to hurt someone...

and I'm not a violent person! :banghead:

[sasha031]

3. the robber barons on viagra

[Jayhawk Lib]

4. As long as they are buying boats

they are keeping the boat builders working. I am glad to see somebody still working. I wish they were buying airplanes because our plane makers here in Wichita need the work.

[Ron Green]

5. Those workers could and should be building infrastructure, not

toys for the rich.

[boobooday]

7. But if the money was spread around

Instead of being concentrated within a small group of people, there would be more people buying a greater number of smaller boats, which would create MORE jobs.

This is why Henry Ford insisted that his workers be paid enough that they could afford to buy the product they were making. It just makes sense.

[Faygo Kid]

10. Good point about Henry Ford, the ol' anti-Semite, but a visionary

These megayacht owners are no fans of Henry's philosophy, just his results. How many do you think employ illegal immigrants? Cheap labor - a secret to a $200 million yacht.

[Ksec]

6. Just great. I can hardly pay my gas bill

and the megayachters need more tax cuts to build docks.

Only in the Republican led America. "sigh"

Im beginning to get really pissed off.

[Donkeykick]

8. Exactly...

why they need those tax cuts. Why they do not reinvest those profits to create more jobs is beyond me!:eyes:

[SmokingJacket]

9. That's bigger than the piece of property my house is on!

Let alone my house!

Can someone please say LUXURY TAX???