I've lived through much worse economic times than these. I remember 18 percent, or more, interest on about any loan. You could only buy a house on a contract for deed. Could not sell a house either, no one could get a loan to buy it! No one would lend mortgage money at all. Home values dropped by half in a few years. Land values dropped by two thirds. Gas prices at least tripled. I remember gas station lines that were blocks long. Gas purchases being limited to 10 gallons, if you made it to the pumps before they ran out. Bread and milk tripling in cost in 18 months or so. Rampant inflation all around. Layoffs by the hundreds of thousands. Long lists of personal bankruptcies in every days newspaper. This economy is GREAT compared to those days!
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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