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Wandering the Marshall Islands

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Some Scuttlebutt from the Marshall Islands We have been out and about for the past 4 months visiting some of the atolls in the Marshall Islands, and I would highly recommend it for anyone who is looking for a good hurricane/cyclone hideout.  Checking out the Likiup atoll. The first place we all go is to Majuro, which is the check in port for yachts coming mostly from the south. But don't let yourself get stuck here, and miss the other atolls. I know how easy it is, there is a Tues. night yachties night out, and it seems hard to get away when Tues is coming up soon. Also shipping boat parts and even coffee in from the US is relatively cheap because of the US postal service here. So many distractions that keep us all tied to buoys. But drop the buoy and go exploring. it is really worth it. The atolls are all really different. They have had a variety of influences. Woje and Maleolap in particular played a large part in the wars, so there are sunken ships and planes to
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Shortfall on Pension Plans

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Gary was reading me “Thoughts from the Frontline” by John Mauldin this morning while we were sitting in the cockpit and I was drinking my coffee. Normally I don't pay 100 % before coffee, but a couple of things hit me while I was listening. John goes on to talk about the USA cities and states primarily and the pension funds that have been promised to all government workers, and how they have all based their interest on their funds on 7% returns, and further with a lot of facts to back this up states that they are getting close to 3% return on their bonds and stocks. So the money has to come from somewhere, and it seems to be tied back to the taxpayers. Either the property owners or the state taxes. If you wish to read the entire article it can be found at http://www.mauldineconomics.com/frontlinethoughts/promises-promises-pension-promises Normally I don't get too involved with the economics papers, sort of the lesse faire attitude, that what will be will
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