I've been thinking about our situation a lot lately (who hasn't), "how did we get here?" specifically. One thought keeps coming back to me:
From the baby boomers on we have wanted more, more, more. More than our parents. More than our neighbor. More stuff, if you're a consumer. More profit, if you're a businessman OR investor. More leisure time, if you're - well - most people. All this 'more' has a very real price.
When you see trillions of dollars being used to bail us out (and that's what it is - a bailout for all of us) - it's not because it's the wrong answer to a very 'recent' problem - this problem has been brewing for 50 years.
Everyone can grumble that our kids will pay the price - and you're right. But they were going to pay anyway. We were already stealing from them. All our excess has a price. It was just a matter of when do we pay. See what I'm saying?
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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