They took all the checks and balances off the banks and they went and stole all the money. Don't know what time period you grew up in, but at the time I grew they would only give you credit after you've successfully paid off a string of smaller loans, and then the credit line was small. What was bad about this system? You can wish that the whole country becomes fiscally responsible but that's not human nature. I have known a lot of people that I'd bring a sack of groceries but wouldn't give them $10 to buy for themselves. The whole government has changed to self regulating. That's what Greenspan did with the banks. That's why our food is poisoned, kids toys are unsafe, on and on...
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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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