Our economy is now consumption driven. Works well as long as we are borrowing money and spending it on junk, homes, cars ect.
When times are unsure, people like me. tend to not buy stuff. Auto industry is a great example. Cars are better made so no real reason to buy a new one. We just paid off our mini van. 1st time in 20 years we have not had a car payment for the wifes car. Not going to buy another for atleast 3 years. Dont care what rates they give. Dont care what fuel economy it gets.
What did you do with that Tax rebate check Bush sent out? Spend it on consumption? we paid off a credit card.
Not going to buy anything we dont need until we own our time. Instead of a mortgage company or a bank. Well I did buy that 966 :-)
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Today's Featured Article - A Farmall Restoration Story - What's Been Done So Far - by Sean Brinston. This is a story of my first real tractor restoration. My name is Sean Brinston and I was 15 almost 16 at the time of this.My neighbour directly across the road who I had helped with hay all the time had this tractor sitiing at his house for what I thought was 6 years. Finally I got the money and courage to ask him. I phoned him and he said it was already sold, eight years ago!
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1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
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