If you think its bad now, then you are in for a real shocker. China is undergoing a massive industrial revolution. The number of cars is going up exponentially. Their demand for oil will more than double every year for the next several years. They will be able to outbid the US with the middle east to get the oil. The middle east will sell to highest bidder. China is making money had over fist by stocking all our walmart shelves with cheap products, and tight-wad americans are lining up to save a penny on every purchase, always putting price as way more important than quality. Our government under Bush has spent like a drunken sailor in a house of ill-repute, and guess who finances the defficits - - China. If America doesn't bring back some brick and mortar manufacturing business and cut back imports, and reduce dificit spending, we are headed for 3rd world status in a hurry. The whole military equipment inventory now has to be replaced/refurbished after wearing it all out in the desert sand. Rather than charging a war-tax to finance this, we did it all on credit. Now how do we pay for all this with the economy going down and energy prices going up? The interest alone on the debt is eating up larger and larger percentages or annual revenues (taxes). In other words, you pay taxes, and the government uses them to pay interest on past overspending, most of which goes to foreign counties who ride the interest income. Tom
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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