Re: OT-America Now Has 482 Billionaires On The Forbes List

Posted by Poor Millionaire on February 03, 2008 at 12:25:39 from (64.68.167.165):

In Reply to: OT-America Now Has 482 Billionaires On The Forbes List posted by 1206SWMO on February 02, 2008 at 14:03:14:

Our money isn't worth anything anymore.
Stands to reason everyone has more of it because as time marches on, it always takes more of it to maintain our standard of living.

My Great Great Grandparents homesteaded and "bought" the land from the government by sweat equity. No cash involved but could lose everything including their lives if they didn't survive the prarie.
My Great Grandparents bought land for 10 dollars per acre and were taking a huge risk.
My Grandparents bought land for 35-50/acre and were told they were nuts.
My parents bought their land for 150/acre and were told they would never make it.
I bought my first land for 325/ac 20+ years ago all the way up to 1200/ac 5 years ago and one banker turned me down while the other shook his head while we signed the papers.
My kids want to start farming and recent land sales are now running 3500/ac.

Which generation do you think bought "cheap" farmland and found it easy to make a living from it?

It's all relative to the value of the dollar.
Eventually we will all be millionaires and we will still not be able to afford anything of extravagance and will struggle to pay the bills.

Our farming ancestors spent 9 dollars to make 10 and the dollar profit paid for living expenses and a few improvements in their lives.
Now we spend 900,000 to make 1,000,000 and 100,000 profit won't improve our standard of living any more than our ancestors did with a dollar. Nothing has really changed except for the amount of money we handle.

I have also thought that the Billionaires who fly in their planes, sail in their boats, drive in their fancy cars, walk on concrete in the big cities, and live in penthouse suites high up in the sky, will never know the riches we have on the farm.

Walking barefoot through a fresh plowed field or a summer storm mud muddle was one of my favorites as a child. Smelling fresh cut alfalfa or the backyard lilacs in bloom rewards me today. My all time favorite is sitting on the porch with mans best friend and watching the sunrise on a warm spring morning without a man made object on the horizon of the dew soaked prarie. Listening to the sounds of the early birds in the trees while the cattle are softly lowing to their newborn calves. Ma cat purrs to a scratch behind the ear as she is feeling lazy after a full night of mice hunting to feed her kittens. The ducks are already making their rounds around the farm and the cottontails are coming out from under the bushes and doing their courtship dances around each other and playfully chasing each other around the yard.

Then the cell phone rings.

I often think our ancestors who lived on the prarie with nearly nothing except their family and their faith, had it made and didn't know it. Being connected to the earth and the earth's creator instead of the www is all I need to be rich in this life.

Replies:

Add a Reply Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Optional Video Title: Optional Video URL: Advanced Posting Options Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.   Advanced Posting Tools   Upload Photo  Select Gallery Photo  Attach Serial # List  Return to Post

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]