The axle turning could very well be the problem. That bolt through the springs may have been sheared and the u-bolts come a bit loose and that would allow the axle to turn. Since the axle has camber, or an arch to it, turning it to the rear would give a wheels out in front situation. I would bet you hit something pretty hard to to do that, but it could have been long before the axle actually turned, maybe even before you got it. I see a lot of them along the highway with axle problems while being delivered to the dealer from the factory. A large pot hole in the highway at 70 mph can do a lot of damage. It may have just waited til it was wet to get slippery enough to show up.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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