Welcome! Please use the navigational links to explore our website.
PartsASAP LogoCompany Logo (800) 853-2651

Shop Now

   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver
 
Marketplace
Classified Ads
Photo Ads
Tractor Parts
Salvage

Community
Discussion Forums
Project Journals
Your Stories
Events Calendar
Hauling Schedule

Galleries
Tractor Photos
Implement Photos
Vintage Photos
Help Identify
Parts & Pieces
Stuck & Troubled
Vintage Ads
Community Album
Photo Ad Archives

Research & Info
Articles
Tractor Registry
Tip of the Day
Safety Cartoons
Tractor Values
Serial Numbers
Tune-Up Guide
Paint Codes
List Prices
Production Nbrs
Tune-Up Specs
Torque Values
3-Point Specs
Glossary

Miscellaneous
Tractor Games
Just For Kids
Virtual Show
Museum Guide
Memorial Page
Feedback Form

Yesterday's Tractors Facebook Page

  
Tractor Talk Discussion Board

Re: OT: Government bailout ?s


[ Expand ] [ View Replies ] [ Add a Reply ] [ Return to Forum ]

Posted by ted regentin on September 21, 2008 at 22:28:50 from (69.1.112.202):

In Reply to: OT: Government bailout ?s posted by gun guru on September 21, 2008 at 16:50:40:

Gun guru, you are missing the point. Let me esplain this. This money to cover the greed of those who made idiotic and fraudulent loans has to come from somewhere. (I happen to know a security guard with seven kids who got one of those sub-prime loans after defaulting on another mortgage. I think that they needed to check the loan officer in that case for brain waves!) Here is how the five hundred billion, seven hundred billion, or the one trillion dollars, depending on which gestimate one reads, comes from. First, our gutless, brain dead congress passes a law raising the national debt from 10.6 trillion dollars to what ever is necessary for the bailout and authorizes the strange fellow now occupying the White House to set up the mechanism for the fleasing of the middle class tax payers. Next, the appropriate amount is borrowed from the Federal Reserve, which is a private bank controlled by various shadowy banks and bankers, wonderful fellows all, I am sure. The Fed then pushes magical buttons on their computer, (they used to run the printing presses to create the money, now they just push buttons) and there is the inflationary funny money used for the "bailout". Now, the interest on the national debt this year alone is four hundred billion dollars, paid to the Fed, by the way. How much more the interest will be after the "bailout" is anybody's guess. This wonderful, magical "bailout" may indeed slow the train wreck of an economy that is barreling along, but at best it only will delay the problem, and make it worse for our children and grandchildren. At some point in time this inflating of the money supply will make the dollar worthless. The estimates that I have read say that as of right now, the money supply is being inflated at 15% per year. I doubt if this estimate takes into account the recent financial skullduggery on the part of our government. It is indeed going to be a bumpy ride.
Hope this helps.


Replies:




Add a Reply

:
:
:

:

:

:

:

:

:

Advanced Posting Options

: 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 ]

Home  |  Forums


Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and ... [Read Article]

Latest Ad: Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor [More Ads]

Copyright © 1997-2024 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy