I'm not blaming the banker. My BIL told the guy who does his taxes where to go. The accountant wants him to be in debt on the farm all the time for tax porpoises. BIL hates debt. I know other guys who follow that advice to lower their tax bill. In the end it's the individual who makes the decision. Like with the housing melt down. No one forced anyone at gun point to buy a house they really couldn't afford. No one farces a farmer to amass debt load. Like with anyone, if you can't balance that debt load you can't pay for it and credit gets shut off.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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