I have the dubious pleasure of looking into the financial lives of hundreds of people every year. Disgusting in many cases. Most people will not wait and save to get something, they just borrow the money. If something goes wrong, they just stop paying. In one case the fella was hiding his purchases at a relatives house so they could not be repossessed. Back in the "boom" years you could borrow well over the value of your house and most of them did this. That "value", by the way, was inflated by appraisers who knew only too well that if they gave a true value they would lose their contract with the mortgage company. So I had a lot of people coming in here with mortgages that were more than twice the true value of the home. I am not sure there ever was a "boom" because it was supported so heavily by debt. People started losing their jobs and businesses started to close after 9-11. Then the credit came due and houses were being repossessed right and left. Some are still empty and rapidly decaying. And today? They are all chomping at the bit to do it all over again. Not the kind of life that we lead around here.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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