If you can protect your wealth there are some major benefits of living in an environment we currently live in. Last spring I bought two pairs of jeans, one of which normally retails for over $150 and the other that normally retails for over $80 for $30 and $45 respectively. Considering I dislike the experience of shoping for clothes immensly and rarely do it, it made the experience quite enjoyable.
Well calculated risk had an article on the Maui Prince Hotal being pushed into foreclosure by Wells Fargo.
Well thought I would do a little research and see what kind of deals the Maui Prince Hotel was offering if they are on the verge of foreclosure. According to their website their are many different packages to choose from. You can get the 3rd night free promotion for $298 a night. That works out to $200 a night including the free night. For what looks like a top class resort in Maui, that is a deal!!! You can get the 2009 prince special which comes with the prince room, breakfast, and rental car for $389 a night.
The Lexington Plaza Waterfront Hotel in Stockton California (east of San Franciso and Oakland) is also in trouble. The destination is nowhere near as appealing as Maui but the price is right for what looks like a nice hotel. Special offer of 2 nights for a total of $179.95.