To cut through a few layers of the "onion", it comes down to CEO's and others that promised to do what is best long term for the USA, but they did not. That sent much of what we had worked for across the waters so that they could not just turn a good profit, but make enormously astounding profits at the sake of giving our sheer foundation of jobs and financial health away. I don't believe there were record numbers of foreclosures prior the collapse in 2008. Many of the folks that had "promised to pay" were indeed doing so. It is the typical "all of the pleasure, but none of the guilt" going on today as to who accepts responsibilty for our busted economy today. Free enterprise only really works when we have honest CEO's and lawmakers with good intentions.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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