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The smell of bankruptcy?

Letter to the Editor

Posted: Friday, December 22, 2006

We have no choice but to “band together to survive” and initiate a legal defense fund to go to court to protect our livelihood and net worth. The alternative is to financially perish at the hands of the commercial fishing industry.

Imposing a one-fish limit — along with increasing charter fares due to ever-increasing fuel costs and other increasing expenses — will absolutely destroy the halibut charter fishing industry. There will be an immediate decrease of 50 percent or more of charter fishing clients willing to pay the price we are forced to change to keep only one fish.

Most charter fishing operators will be forced to sell their boats and get out of the business at the same time, and there will be no buyers for obvious reasons. Both boats and businesses will be nearly worthless on the market.

Wake up and smell your impending bankruptcy!

We must hang together or we will surely hang alone.

Bruce Warner

Homer



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