The government and the Federal Reserve bank are in cahootz pertaining to todays low interest rates. They are only trying to help business's expand, or keep the rest of the country from going under due to high borrowing cost. But I think too many people are taking advantage of this to no good end. Sometime in the future the interest rate will have to go up, and this will slow investment in land. In turn driving the price down. Then the big land investors will slowly go broke. Back in the late seventies and early to mid eighties the interest rates were sky high. I remember credit card interest being as high as 20%, and ag notes at around 15%. I bought our place in 87 with 10.25% interest rate. Shortly after that interest rates started to fall, and I kept refinancing for lower rates. Just think what would happen if/when interest rate climb to those numbers.
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Today's Featured Article - Oliver 550 Clutch Overhaul Tips - by Greg Sheppard. I got my 1964 Oliver Model 550 (serial 141-139-519) second-hand and used it for several years before the clutch began to slip. After taking up the pedal linkage several times I saw it was going to take more than that. The engine had been leaking oil at the rear seal and I suspected
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