by chance: while I don't doubt that there're Wall St people who make their money the hard way, by earning it, they're not the ones that have us all in this mess... The mortgage/housing bubble was deliberately generated by Alan G and the Administrations in power to avoid a slump after the dot.com bust...when the fast-money guys realised all the usual mtg loan requirements had also been relaxed, corruption and fraud crept in, and when it was successful, became rampant (liar's loans and ninja loans, etc). Everyone-everyone-involved knew it couldn't last, but everyone was getting their money up front, laughing all the way to the bank. Now the end buyers suddenly realize they've got paper they know is worth less than it's face, but impossible to value, and everything is freezing up (little credit available, mainly to well-off people at high rates, the dollar falling into the basement, etc). The people who pulled off frauds that'd put you and me so far back in jail they'd have to shoot us beans with a .30-.30 have all gotten, and are enjoying, their juicy bonuses, leaving-guess who?-to suffer the consequences and pick up the tab.
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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.
... [Read Article]
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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