Our RV form of recreation is being seriously impacted by current economic situation. Just a few notes of interest include:

1. Recently, Winnebago (one of the original motorhome manufacturers) reported sales revenue drops of 68% relative to the same period in 2007.
2. On December 22, 2008, Flying J Inc. and its Big West refining and Longhorn Pipeline subsidiaries filed voluntary petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code. The filing was made with the U.S. Bankruptcy Court in Delaware.
3. FMCA is planning to limit international rallies to one per year starting in 2010.
4. Lazydays, one of the largest RV dealers missed a $8 million dollar loan payment.
5. Beaudry RV has filed for Chapter 11 reorganization.
6. Monaco has restructured $80 million in dept.
7. Several manufacturers have closed their doors.

In this environment, remember:

• Keep your RV maintained. It helps milage.
• Know your supplier of parts and repairs as some may be encountering the same difficulties surviving.
• Don't do like some companies. KEEP YOUR DEPT TO EARNINGS TO A MINIMUM. (Consensus opinion: monthly payments less than 35% of gross income).

HAPPY NEW YEAR!