Posted by rrlund on November 21, 2008 at 07:29:04 from (216.46.210.90):
In Reply to: Bye-Bye Retirement! posted by kruser on November 20, 2008 at 17:45:59:
I remember when my banker retired. Interest rates started dropping just after that. He said he might have to go back to work,thought he could always count on at least 7% interest. If you really stop listening to the talking heads who didn't see any of this coming,and think about it,are those artifically low interest rates at the bottom of all of this? Did it cause an unststainable run up in all of the other markets,real estate,stock and commodities? Investors hoping those markets would keep going up indefinately because they couldn't make money from normally safe investments?
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Today's Featured Article - Picking Corn - by Rick Nikolich. It was the day before Christmas shutdown at work and I asked our lead engineering expert Scott Andrzejewski what he was going to do over the holidays. He said that he had some corn that he still needed to pick with an antique one-row New Idea corn picker. Scott has a nice farm about an hour north of Lansing in St. Johns, MI. He wanted to get the rest of his corn in by the next day (Christmas Eve). We had about an inch of new snow on the ground and single digit temperatures. So in the bac
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