Re: gain/loss re: 'documentation' by USCG ?

"KLC Lewis" <nospam@xxxxxxxxxxxx> wrote in
news:O4ydnR3IH8dgnYTbnZ2dnUVZ_t-mnZ2d@xxxxxxxxxxxxxx:

Any government at any time for any reason can "sieze" your vessel, and
there won't be much you can do about it at the time of siezure. You
can, of course, then launch a legal battle to have your rightful
property returned to you, but governments, being evil by nature, don't
much care whether or not your rights are being violated. And it won't
matter whether your boat is federally documented or state registered.



There IS a reason why the superrich always flag their big yachts in small
fiefdoms where local officials can easily be bribed into anything with a
few dollars, that means nothing to the superrich.....

I've never seen them flag their big motoryachts in the US or Canada at the
docks, here. Little islands or little countries....

Larry
--
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