The government and the Federal Reserve bank are in cahootz pertaining to todays low interest rates. They are only trying to help business's expand, or keep the rest of the country from going under due to high borrowing cost. But I think too many people are taking advantage of this to no good end. Sometime in the future the interest rate will have to go up, and this will slow investment in land. In turn driving the price down. Then the big land investors will slowly go broke. Back in the late seventies and early to mid eighties the interest rates were sky high. I remember credit card interest being as high as 20%, and ag notes at around 15%. I bought our place in 87 with 10.25% interest rate. Shortly after that interest rates started to fall, and I kept refinancing for lower rates. Just think what would happen if/when interest rate climb to those numbers.
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Today's Featured Article - Show Coverage: Central Illinois Strawberry Festival - by Cindy Ladage and Janna Seiz. Every year the coming of summer is highlighted by different events for different people. For some, it is heralded with the end of school, tilling the garden, or completion of the planting season. To us, connoisseurs of find food, antique tractors, farm toys, crafts, and downright fun, the annual Strawberry Festival means summer is here. Every year, in Carlinville, Illinois, the Macoupin County Historical Society and the Macoupin Agricultural Antique Association team up to fill th
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