I don't know about bank buyouts, but my intrest in this subjectled me to stumble across the fact that the stimulus check idea was done in the depression several times and it didn't work then either.....I do think we are headed for a stint of bad times, the buyout of the banks will only hasten it as the printing of 700 billion dollars will only weaken the dollar more causing more inflation,and more un employment.Also the de-basing of the dollar on gold also didn't do the economy any favors The federal reserve bank(a private enity,NOT PART OF THE GOVERMENT) loans money to the goverment for a fee, to keep us in debt, as a nation. I also read an article the other nite by Charles Walters in ACERS USA about when they debased the dollar it in effect put a 33.3 % tarriff on our exports ,and a 33% tax relief on imports....which is one of the reasons why we are where we are today...I am planning for hard times, saving seed , both animals & plants and laying out my small homestead so I can provide for them all and have some extra to sell...I have alwas been A man of many hats with a wide varieties of repair /manufacturing skills, with the equipment to practice them, so even if my job goes away, I will be able to do repair work for income....I wish more people would do the same , and stop thinking how the goverment is going to save them, because the are not going too.....Just a few of my thoughts, sorry so long, Shawn
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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.
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