Very good posting. I think that if unemployment is 9% or higher then Obammy will not be reelected.
Basically the USA will have to go through a serious transformation, like another great depression, with real high inflation, not deflation. I think that the USA is in as bad as shape as we were in the great depression of the 30s. The major difference is that there are a lot of welfare/unemployment/food stamp programs that support the non-working man. "Real" unemployment is likely 25%, not the BS numbers that the federal government puts out to make you feel good. I just read on Monday that the state of Michigan will save many millions of dollars per year by not giving college students food stamps. That sounds messed up.....you have the money to go to college, but.....you receive food stamps.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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