Posted by rrlund on March 01, 2008 at 11:55:57 from (216.46.213.253):
OK guys,from all the complaining about fuel prices,how much life sucks,etc,I can tell from reading some of them how old the posters are. How about some of us aging boomers telling them what it was like. Coming of age with the draft hanging over our heads for an unpopular war. Gas prices doubling over a period of a few weeks in the 70s. No long distance travel on weekends because gas stations were closed at noon Saturday and closed entirely on Sunday. Most closed by 6pm weekdays. It was risky to even travel weekdays because you just didn't know if you could get gas to get back. Consumer inflation was 8-12 percent,depending on the year. I bought a new tractor and paid 18.5 percent interest. I was lucky to borrow for that. I knew guys paying 21% on production loans. Grain prices went through the roof,just like now,after Nixons Russian grain deal.There was a contrived shortage of flour fueled by a hysterical media convincing the public that Nixon had sold the food right out of our mouths.People were hoarding it,even if they had never even used the stuff. Then along came that glittering jewel of colosal ignorance,Jimmy Carter with his embargo against the Soviet Union. Prices droped so fast that they had to close the Board of Trade. We sure liked our muscle cars too,didn't we? Sure was tough to trade them for the tin cans on wheels that we were forced to buy. They either rusted on the showroom floor or blew up in a rear impact. Yup,these young folks are definately in for a tough time for the next 8-10 years. 9-11 and this war,prices going up. This is going to define them the same way that the depression and WWII defined our parents and VietNam and the 70s defined who we are. No matter what happens in November,we are going to elect another FDR or Jimmy Carter. But,eventually another Truman or Reagan will come along and the cycle will continue. Gotta feel a little sorry for the younger folks,but it'll make them tougher and a heck of a lot smarter. So let's tell them some real life 70s stories so they know what they're in for. This ain't "That 70s Show" kiddies.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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