We seem to easily overlook the major thrust of our economy over the last 30-40 years: buy, buy, buy, consume, consume, consume. Hundreds of billions were spent on advertising as our economy changed from production to consumption (remember "...if you stop shopping the terrorists have won..."?). The US consumer was holding up the biggest part of the world, mostly by buying up the worlds consumption, fueled by ever increasing debt (remember all those credit card offers and commercials?) With everyone broke here, the rest of the world is spiraling down with us. Immediate profits were (and are) more important than the condition of the country.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
... [Read Article]
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