Re: What was the 80's recession like?

Posted by John Ne. on November 20, 2001 at 22:00:57 from (209.74.230.242):

In Reply to: What was the 80's recession like? posted by Poppin' Johnny on November 20, 2001 at 15:20:18:

In 82 I started with a major feed company, took over from a guy retiring, as I made my way from customer to customer it was to watch machinery being lined up for the auction, one of my competitors actually quit to work for an auction company. One guy got so disgusted with the banks heavy handedness, he filled his combine and tractors with water so they'd bust before the auction and bring low prices. Several guys drove their tractors thru the front door of banks, and not the drive in kind. Several hundred drove their tractors to washington dc for the Tractorcade, wasn't exactly a success. I lost more farmers in my area of sales than I was able to gain customers. District man came buy, asked whats wrong, this is a great area, so I drove him around, four sections, five empty feed lots, no hogs, and no animals other than a few cows, he was still open mouthed when he went home. The government bought out the small dairies, cows and all. Corn stayed low and gas stayed high, I quit that in 89, five years too late. The guy I replaced is fat and happy with his retirement check. I lost 20k trying to make a go of it, and by the way, the big old feed company I worked for?... they were bought out in the 90s. changes, changes, but hey, I got fewer neighbors now. John in Nebraska.

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