Re: Re: Re: IH Failure - tractor building business

Posted by Hugh MacKay on November 02, 2003 at 15:06:47 from (209.226.247.107):

In Reply to: Re: Re: IH Failure - tractor building business in posted by Steve - IN on November 02, 2003 at 11:08:59:

Steve: I for one will not argue with your reasoning. Back in the 50s and early 60S those old boys on Wall St. thought IH had the farmer hooked on letter series Farmalls and they could indeed get away with this lock in your customers selling. Their intelligence has not improved since. In their favour is the fact the consuming public of today is much like a herd of cattle, led by the nose.

Remember this, my dad bought land in 1938 for $1.00 per acre in a tax sale, and yes it was land formerly owned by the boys on Wall St. You may not be able to take advantage of this type of purchase next time as your share of public debt will be quite high from governments around the world bailing these guys out. Our governments should have let this happen in 1983. By now hard working people would be prospering.

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