FarmTrac Troubles

[redneckford]

Which POCKET!!!!!!!

 

[blueliner]

Which POCKET!!!!!!!

RNFord,

Per usual, you're a classic!

An intelligent friend theorized that the implosion of the new small tractor market was part of the natural market forces at work -- a responding to an excess of companies and overproduction combined with hideous economic state.

Isn't this similar to what happens when the bottom falls out of a company's stock? In this case, each "share" is worth thousands of dollars -- a honkingly large pill for common folk running a small tractor business to swallow.

Then... add the illicit forces you've touched on and... it's a really bad gig.

--b

 

[longtrman]

Longtrman, it would take far too long to give a thorough explaination on this forum.However I was refering to what is known as the bretton woods conference held in 1944 at a hotel located in a new england state. this once closed and abandoned hotel was remodeled and refitted especially for this meeting at a cost of several million post war dollars.the meeting was attended by financial representives of approx. 140 countries, it was considered at the time to be absolutely top secret.it was here that our government decided it would abandon the pure gold standard, which dictated that there must be one dollar in gold for every one dollar note printed.it opted for a system in which paper money itself became the standard.it enabled governments, primarily the USA, who became indebted to simply print more money, the value of each country's currency on the world market was tied directley to the amount of inports and exports each country was allowed.in short, in order to devalue the dollar and gain more exports for its country, many countries ,mainly china, india and middle eastern nations. began buying united states federal reserve notes.the american financial institutions hold only about 23% of these notes, with the rest in the hands of other countries. our elected officials, having allowed the USA to become hostage to these countrys, will do nothing to protect american interests against the very thing the farmtrac dealers are experencing .However as maddening as it is, we must not lose focus.anger towards Escorts LTD will not solve the imediate problem. we must deal with the textron problem first, if we are to survive in this industry.-----------taxpayer

Actually, taxpayer, there was still a sort of gold standard. All foreign nations signing bretton woods were to peg the value of their currency to the U.S. dollar which was fixed at $35.00 per oz of gold. In effect we guaranteed all the other currencies. Americans couldn't change dollars for gold but foreign nations could and by the John Kennedy presidency the gold drain from the U.S. was accelerating. Kennedy did some things to stop this and a week later Johnson became president and the changes were undone(I don't remember where I read that, sorry). Johnson had trouble with the Bretton Woods economy also. Then Nixon had trouble with it. He and John Connely did things contrary to Bretton Woods and Gerald Ford became president. The Nixon troubles with Bretton Woods is known as "The Nixon Shock". Neither Bretton Woods, Bretton Woods II or Smithsonian has worked but our government still tries to use it. Bretton Woods as I understand required the U.S. to put the U.S. ecomomy in a recession mode if it worked better for stabilizing world currency. Can you spell "Bernanky". As you said none of this has any relief to our problems with Farmtrac. Myself I think what we need is not Free Trade, as mandated by Bretton Woods, but Fair Trade.

 

[taxpayer]

Actually, taxpayer, there was still a sort of gold standard. All foreign nations signing bretton woods were to peg the value of their currency to the U.S. dollar which was fixed at $35.00 per oz of gold. In effect we guaranteed all the other currencies. Americans couldn't change dollars for gold but foreign nations could and by the John Kennedy presidency the gold drain from the U.S. was accelerating. Kennedy did some things to stop this and a week later Johnson became president and the changes were undone(I don't remember where I read that, sorry). Johnson had trouble with the Bretton Woods economy also. Then Nixon had trouble with it. He and John Connely did things contrary to Bretton Woods and Gerald Ford became president. The Nixon troubles with Bretton Woods is known as "The Nixon Shock". Neither Bretton Woods, Bretton Woods II or Smithsonian has worked but our government still tries to use it. Bretton Woods as I understand required the U.S. to put the U.S. ecomomy in a recession mode if it worked better for stabilizing world currency. Can you spell "Bernanky". As you said none of this has any relief to our problems with Farmtrac. Myself I think what we need is not Free Trade, as mandated by Bretton Woods, but Fair Trade.

Longtrman, I'm afraid fair trade is not something we are likely to ever see again.the US market is now flooded with import tractors and related products and the prices are spiraling downward rapidly,we are likely to see that trend esculate as the farmtrac tractors are dumped on the american market for pennies on the dollar.the public is lured into buying these tractors at what they believe is a cheap price,only to find they have to pay twice, once when they make the purchase and again when they must pay higher taxes to the US government,in order for the government to repay loans borrowed from other countries for the countless giveaway programs in exsistance here and abroad. our government must allow these cheap imports into this country in order to get loans from other countries. So who is the smartest in business?is it the americans who buy cheap? or is it the people who sell it to us?something to ponder.-------Taxpayer

 

[SESS]

To all "NOT-EVEN-ZERO" Farmtrac customers: Please visit this website

https://www.ftccomplaintassistant.gov/

and file a complaint with the Federal Trade Commission. Please give details as to the amount you are supposed to get each quarter, amount financed, etc. There is a form that takes roughly 5 minutes to complete.

I have received a letter from a local senator that an official inquiry will be started looking into the wrong doings of Farmtrac North America. Your help is needed in this matter immediately. Remember that Farmtrac North America may not currently be in business right now, but they are a privately owned company with individuals that are still very much part of the United States market place.

This is your way to stop these practices from happening to people in the future and have our own problem resolved.

Thank you!

 

[taxpayer]

Man!! Redneckford,do you think someone needs to give a eulogy and maybe a marker for this thread? I've seen more action in a old folks home than whats been on here lately. got anybody in mind we can make mad?? anything to get a little chatter.--------Taxpayer

 

[SESS]

Here is the latest article in the Daily Southener:

The Daily Southerner, Tarboro, NC - PLOWED UNDER

Thanks to Bob!

 

[taxpayer]

Here is the latest article in the Daily Southener:

The Daily Southerner, Tarboro, NC - PLOWED UNDER

Thanks to Bob!

Thanks for posting this article SESS,can't wait to see the next two.it's about time the world knew the truth about what has been done to the dealers and customers. I hope everybody gets madder than **** and contacts every senator and representive they know and demand an investigation into who is to blame for this fraud.------Taxpayer

 

[taxpayer]

Blueliner, my hat is off to you,it took courage and dedication to write this story in light of the many obstacles you had to overcome,thank you for believing in us and giving us a voice.we are forever indebted to you for your help. Great Job! -----Taxpayer

 

[redneckford]

All a man/woman really needs is a warm/cool dry place to sleep and something to eat. Lets hope that those in power need our help getting something to eat. Money will not matter but knowledge will. Those with the gold (Food) will make the rules and Smith and Wesson will protect the fields!!!! That took courage Blueliner good job!!!! Can't wait for the rest of the story!!!!! Wonder how much food they learned to grow on the golf course.It is sad to say that Textron,a Great American Company, that has help alot of small business to compete with large stock market companies is put in a position where they must choose between helping american citizens or recouping their money from foreign companies. Free Trade yea! Right!!! We are going to wake up a hungry nation if we depend on someone else to feed us. Those with a patch of ground and a little bit of know how can grow their own food. I wonder what all those folks are going to do in those concrete valleys. One million dollars or something to eat which would you rather have. Everything becomes relavant. Reckcon they can drive up to Micky Dee's and get a hamburger. Not if they are depending on India for their beef!!! MAD YES!!!! QUITE N---------0--------0--!!!!!! Anybody got some greens and cornbeard for supper, I'm on my way!!!!