I think and hope that when we see unemployment level off then things can start to improve. I heard on one show that they suspected many companies were biting the bullet now as far as lay offs. Instead of milking them out over a long time they are just cutting to the number right away. No one is going to spend any money if they think they are going to lose their job at any time. And given the fact that all that growth was leveraged on fake realestate values. Its going to take a long time to dig out of that mess. Even if they some how get all the forclosed houses off the market. All the values are not going to go back up to compinsate for the lost equity that was not real.
Hope we hit bottom soon. I made it past two down sizes in 08. Wont make it past another. No one left to take the buy outs.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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