Kind of disturbing, and not just for its content. That piece is nearly 60 years old, and except for a lot more trailing zeros, could have been written last week!
He was talking about the country being bankrupt with 280 billion in debt, and conservatives like me are saying the same thing with 16 trillion in debt now.
Maybe the "tax and spenders" are right- it really doesn't matter how much you spend, just print some more money, throw enough of it around so everybody gets by and votes for the spenders, and it'll all be fine.
Waiting for financial Armageddon is kind of like a story my dad used to tell. Young fellow in the 1940's was in line to inherit one of the best (and largest) farms in the area- very profitable. But he became convinced that the economy was going to crash, and decided that the best hedge was to have a guvment job- so he got on with the county road dept. And the older he got, the more bitter he got, because the crash never came, the farm went to someone else when the folks died, and he still just had the crummy county job.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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