Personally, I have tremendous respect for all who have served us in government. They are human too. They desire seeing growth in their own wealth and know that their actions dictate the direction of the US economy and position in the world. The problem is that most are so damn intelligent, they get caught up in a paradigm that does not allow them to see simple realities. We do this all the time as human beings. The reality they neglected to see, in simple terms, is that continuous growth is not reality. Couple that with a government that did not keep up with regulations to control the output and type of new financial products (ie: mortgage or credit card backed securities). Throw in a greedy banking system whose only interest is to make more and more money without concern for protecting the people (you and me who keep our money in their bank or buy their stock) that invested in them. A time bomb has been building for a long time and will take a long time to defuse. Hopefully, there won't be another. But guess what, they say the solution is to free up the banks to help them lend money again. I have to say it again....."lend money again". Do you think the new customers are going to be any better than the old ones? It's a vicious cycle and the reality is what goes up must eventually always come down. Like a sine wave, there are peaks and there are troughs. We happen to be in a trough as deep as an artisan well.
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Today's Featured Article - Tractor Implements and Their Use - by Curtis Von Fange. Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he reached his early sixties
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