They took all the checks and balances off the banks and they went and stole all the money. Don't know what time period you grew up in, but at the time I grew they would only give you credit after you've successfully paid off a string of smaller loans, and then the credit line was small. What was bad about this system? You can wish that the whole country becomes fiscally responsible but that's not human nature. I have known a lot of people that I'd bring a sack of groceries but wouldn't give them $10 to buy for themselves. The whole government has changed to self regulating. That's what Greenspan did with the banks. That's why our food is poisoned, kids toys are unsafe, on and on...
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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