Newport Harbor never stops being pretty—blue water, white sailboats, bright Christmas lights. The other day, I saw a couple clambering down from a yacht the color of a cream puff.
“Nice boat,” I called, feeling upbeat.
“Wanna buy it cheap?” they replied.
Yes, these are less-than-upbeat times, even in pretty places. One in three California mortgages underwater. Double-dip recession in the air. Rich folks ducking calls from nonprofits and hospitals. Churches and schools desperate for donations.
I had a conversation not long ago with a guy who makes his living dredging private boat slips and he said that, this year, ...
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