The Affordable Boat Act Passes Into Law!!

By
Title Insurance with Family Abstract, Inc.

The U.S. government has just passed a new law entitled "The Affordable Boat Act" declaring that every citizen MUST purchase a new boat by April, 2014. These 'affordable' boats will cost an average of $54,000-$155,000 each. This does not include taxes, trailers, towing fees, licensing and registration fees, fuel, docking and storage fees, maintenance, or repair costs.

This law has been passed because, until now, typically only wealthy and financially responsible people have been able to purchase boats. This new law ensures that every American can now have an 'affordable' boat of their own, because everyone is 'entitled' to a new boat. If you purchase your boat before the end of the year, you will receive four 'free' life jackets (does not include monthly usage fees).

In order to make sure everyone purchases an 'affordable boat,' the cost of owning a boat will increase on average of 250-400% per year. This way, wealthy people will pay more for something that other people don't want or can't afford to maintain. But, to be fair, people who can't afford to maintain their boat will be regularly fined and children (under the age of 26) can use their parents boat(s) to party on until they turn 27, after which date they must purchase their own boat.

If you already have a boat, you can keep yours (just kidding; no you can't). If you don't want or don't need a boat, you are required to buy one anyhow. If you refuse to buy one or can't afford one, you will be regularly fined $800 until you purchase one, or face imprisonment. If you cannot (or don't want to) purchase an 'affordable boat' from a private business, you can buy a starter boat from the U. S. government 'affordable boat exchange.' Such a boat will have the basic necessities (hull, oars or paddles) and will only cost 'slightly more' than a similar boat purchased from a private business. Plus, since your tax dollars will subsidize the purchase of a boat from the U. S. government's 'affordable boat exchange,' it will appear that you are getting a good deal.

Failure to use the boat will also result in fines. People living in the desert, ghettos, inner cities, or areas with no access to lakes are not exempt. Preexisting conditions such as age, motion sickness, experience, knowledge, nor lack of desire are not acceptable excuses for not using your boat.

A government review board (that doesn't know the difference between the port side, starboard side, or stern of a boat) will decide everything, including when, where, how often, and for what purposes you can use your boat, along with how many people can ride your boat. The board will also determine if one is too old or healthy enough to be able to use their boat, and will also decide if your boat has out lived its usefulness or if you must purchase specific accessories (like a $500 compass) or a newer and more expensive boat.

Those that can afford yachts will be required to do so ... it's only fair. The government will also decide the name for each boat. Failure to comply with these rules will result in fines and possible imprisonment.

Government officials are exempt from this new law. If they want a boat, they and their families can obtain boats free at the expense of tax payers.

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Author unknown...

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About Family Abstract, Inc.

Established in 2002, Family Abstract, Inc. provides Title Insurance to clients and customers throughout Florida, Maryland, New Jersey and Pennsylvania with more than 40 years of combined experience in management alone. We pride ourselves on retaining the most skilled and knowledgeable employees who share our goals of providing the best service in the industry.

Located in Horsham, Pennsylvania, Family Abstract, Inc. maintains an extensive network of skilled title insurance abstractors in all the states we service in addition to a nationwide network of qualified closing agents who are available to close loans at any location.

Backed by the strength of four title insurance underwriters, we are able to provide expert attention to detail without sacrificing versatility in the closing process, thus providing more options in difficult title situations. Due to our depth of industry knowledge and commitment to excellent service, Family Abstract, Inc. has been able to develop client relationships that have endured for decades.

Having successfully settled and insured thousands of transactions, we have already earned the trust and confidence of hundreds of customers, lenders, brokers, and realtors and now we would like to share our expertise with you!

Comments (5)

Helen and Larry Prier- Re-Max Gateway - Residential Real Estate
RE-MAX Gateway- Residential Real Estate Sales - Anacortes, WA
Anacortes & surrounding Skagit & Island Counties

Glenn, That is the funniest and Oh so true depiction of Obamacare that I have ever seen written. Suggest! So everyone can have a great laugh. I am going to forward to a bunch of friends.

Nov 13, 2013 01:39 AM
Glenn Freezman
Family Abstract, Inc. - Horsham, PA

Helen and Larry, we have a better shot of the Government getting out of Mortgage and Real Estate altogether and doing nothing, what they do best, then having a Political statement, heaven forbid, be allowed to be on the Suggested roll of Active Rain.  LOL  But I appreciate your remarks and hope that it gets reblogged many times to beat the system.

I hope your friends enjoy!!

be well.

Nov 13, 2013 04:28 AM
William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional
Hi Glenn, Your scenario was way better than mine. Loved it.
Nov 14, 2013 01:46 PM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Glenn-Too bad your bill was not passed first. Having seen how well the Affordable Boat Act was working (or not) maybe that would have kept them from doing the healthcare bill.

Nov 18, 2013 01:02 AM
Helen and Larry Prier- Re-Max Gateway - Residential Real Estate
RE-MAX Gateway- Residential Real Estate Sales - Anacortes, WA
Anacortes & surrounding Skagit & Island Counties

Glenn, Thought I would let you know, I have featured your blog in my last week Favorites. here is the link: my-favorite-blog-posts-for-last-week-november-11th-to-17th

Nov 18, 2013 01:07 AM

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