ltlCLEO
How come you do not address the reel question of whos fault it is in the long run.The comercial fishermen can only operate under the rules set buy our gov bios and politicians.true or false?
Oh really, what are those rules that you are referring to? Is it the bios, or is the commercials who are sitting in at the North of Falcon meeting that are dividing up the pie?
You are also missing the fact that the fleet is paying the gov. back and this is a loan of our tax dollars not a hand out.
It's amazes me how people can read the same article and come up with 2 completely different readings on what the article said! Apparently you do not believe that it's not a hand out, because the guys that have decided to stay and continue to fish will be paying the government back…maybe!
I see… we buy 92 boats back at an average $497,000 each to "permanently remove" these vessels from fishing, and then we transfer the quotas of those 92 boats to the remaining 171 Commercial holders that are left. They in turn, if successful, will pay 2/3 of that back to the goverment….if they can make enough profit from the ttransfer of their quotas.
The article says;
"The $46 million buyout is a life-changing move …."
Then it states;
"Unlike previous buyouts, most of the loan ($36 million) must be repaid with interest to the government by the remaining trawl fleet"
When I went to school, they taught us that $36 million subtracted from $46 million left $10 million!

Anyway you spin it ltlCLEO, someone getting $10 million free!
Apparently, some people just can't get it!
Cowlitzfisherman