I am not against helping people who are down on their luck due to sickness, job loss and similar problems but President Obamma said, and this is a direct quote, that ""he was going to focus on modifying loans for people stuck with sub-prime loans they can"t afford due to sky rocketing interes rates and by keeping mortgage rates low so other families can become homeowners who otherwise never would"" --- huh ??? I thought that was the problem to start with -- if I am not mistaken those interest rates have been pretty low for several years -- I started off on my own during the Carter economy and if you got a loan it was 18% interest. A person had to save, buy what they could pay for and build their credit -- it was hard to get a Sears and Roebuck card in the 70"s and early 80"s. Anyway, my point is this, neither the PRESIDENT OR THE CONGRESS have any respect for the people in this country who PAY THEIR TAXES AND PAY THEIR BILLS --if they did they would not put tax deadbeats in high public office like 3 or 4 of Obammas picks have been and they would not expect you and I to pay for someones folly of a 0 dollar down house with an unknown interest rate. Don"t it make you wonder what happened to family helping family -- unless many of them have already worn out their help and welcome.
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Today's Featured Article - The Fordson F Ignition System - by Anthony West. A fellow restorer contacted me earlier this year asking for some help and advice on a model F that he was restoring. He had over a period of months spent a fair amount of his hard earned cash on replacement parts for the old "trembler" ignition. Sadly though all his efforts seemed to be a waste of time and money as he still couldn''t get the temperamental old thing to run correctly!! If i said that this was a little frustrating for him that would be "conservative" in fact the problem had reduce
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