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History Repeating

MsSage

Well-known member
I have to say I was shielded from this when this song came out, but I see it happening now and wonder. Too many around here are waiting on December, praying and pleading with God. I am not talking about only small farms but the biggest ones.

Scarecrow on a wooden cross blackbird in the barn
Four hundred empty acres that used to be my farm
I grew up like my daddy did my grandpa cleared this land
When I was five I walked the fence while grandpa held my hand

Chorus:
Rain on the scarecrow blood on the plow
This land fed a nation this land made me proud
And son Im just sorry theres no legacy for you now
Rain on the scarecrow blood on the plow
Rain on the scarecrow blood on the plow

The crops we grew last summer werent enough to pay the loans
Couldnt buy the seed to plant this spring and the farmers bank foreclosed
Called my old friend schepman up to auction off the land
He said john its just my job and I hope you understand
Hey calling it your job ol hoss sure dont make it right
But if you want me to Ill say a prayer for your soul tonight
And grandmas on the front porch swing with a Bible in her hand
Sometimes I hear her singing take me to the promised land
When you take away a mans dignity he cant work his fields and cows

Therell be blood on the scarecrow blood on the plow
Blood on the scarecrow blood on the plow

Well theres ninety-seven crosses planted in the courthouse yard
Ninety-seven families who lost ninety-seven farms
I think about my grandpa and my neighbors and my name
And some nights I feel like dyin like that scarecrow in the rain

Chorus:
Rain on the scarecrow blood on the plow
This land fed a nation this land made me proud
And son Im just sorry theyre just memories for you now
Rain on the scarecrow blood on the plow
Rain on the scarecrow blood on the plow

Rain on the scarecrow blood on the plow
This land fed a nation this land made me so proud
And son Im just sorry theyre just memories for you now
Rain on the scarecrow blood on the plow
Rain on the scarecrow blood on the plow
 

TSR

Well-known member
MsSage said:
I have to say I was shielded from this when this song came out, but I see it happening now and wonder. Too many around here are waiting on December, praying and pleading with God. I am not talking about only small farms but the biggest ones.

Scarecrow on a wooden cross blackbird in the barn
Four hundred empty acres that used to be my farm
I grew up like my daddy did my grandpa cleared this land
When I was five I walked the fence while grandpa held my hand

Chorus:
Rain on the scarecrow blood on the plow
This land fed a nation this land made me proud
And son Im just sorry theres no legacy for you now
Rain on the scarecrow blood on the plow
Rain on the scarecrow blood on the plow

The crops we grew last summer werent enough to pay the loans
Couldnt buy the seed to plant this spring and the farmers bank foreclosed
Called my old friend schepman up to auction off the land
He said john its just my job and I hope you understand
Hey calling it your job ol hoss sure dont make it right
But if you want me to Ill say a prayer for your soul tonight
And grandmas on the front porch swing with a Bible in her hand
Sometimes I hear her singing take me to the promised land
When you take away a mans dignity he cant work his fields and cows

Therell be blood on the scarecrow blood on the plow
Blood on the scarecrow blood on the plow

Well theres ninety-seven crosses planted in the courthouse yard
Ninety-seven families who lost ninety-seven farms
I think about my grandpa and my neighbors and my name
And some nights I feel like dyin like that scarecrow in the rain

Chorus:
Rain on the scarecrow blood on the plow
This land fed a nation this land made me proud
And son Im just sorry theyre just memories for you now
Rain on the scarecrow blood on the plow
Rain on the scarecrow blood on the plow

Rain on the scarecrow blood on the plow
This land fed a nation this land made me so proud
And son Im just sorry theyre just memories for you now
Rain on the scarecrow blood on the plow
Rain on the scarecrow blood on the plow

Quite a sad song Ms Sage. Have you ever asked any of the really old people around WHO bought all those farms/ranches? It wasn't their neighbors, at least not around here. It was the rich lawyers and bankers taking advantage for the most part. I believe it was Will Rogers that defined a lawyer- "An economic parasite preying on the misfortune of others". Bankers were in a position in those days to do the same in many instances. I have been tole that more than once by many older people in my community nearly all of whom are dead now.
 

TexasBred

Well-known member
TSR banking for hundreds of years was a rotten business. And we've recently learned there are still some rotten apples in the bunch. But I know in my little area of the world bankers still work with people to help them with their needs, help them with restructuring their loans if necessary when bad things happen unexpectedly...probalby most of them are still in the small town, locally owned banks. There are still good bankers with high moral standards and that see there job as an opportunity to serve rather than to act as a predator.
 

Hanta Yo

Well-known member
sw and I had the opportunity to purchase the cow herd we've spent 12 years developing through AI, and lease the ranch. We wasted time applying for loans through the Federal Government.....we ended up going to the local bank in the nearest town and it was no problem getting a loan....we were getting so discouraged with the crap that the Federal Government was giving us.

Just another story to support your independently owned local banks. :)
 

Sandhusker

Well-known member
AMEN!

The idea that a banker wants to sell somebody out is rediculous. Making loans is how the money is made, you're always looking for them, not trying to get rid of the ones you have. If nothing else, foreclosure is a huge pain in the rear and a lot of extra work.

I've overheard disgruntled former customers wailing about what "That damn bank did to me". I wanted so much to step in with "Here's the side of the story he's not telling you", but you just have to keep quiet.
 

TexasBred

Well-known member
Sandhusker said:
AMEN!

The idea that a banker wants to sell somebody out is rediculous. Making loans is how the money is made, you're always looking for them, not trying to get rid of the ones you have. If nothing else, foreclosure is a huge pain in the rear and a lot of extra work.

I've overheard disgruntled former customers wailing about what "That damn bank did to me". I wanted so much to step in with "Here's the side of the story he's not telling you", but you just have to keep quiet.

Sand...can tell you from past experience, the last thing a bank wants is to own real estate. From the day of your first delinquency to the date of a foreclosure sale takes approximately 6 months. Anytime during this process the borrower can pay up current and the entire process goes back to square one. Yes it cost money and no bank wants a huge number of pieces of real estate sitting empty.
 

TSR

Well-known member
TexasBred said:
TSR banking for hundreds of years was a rotten business. And we've recently learned there are still some rotten apples in the bunch. But I know in my little area of the world bankers still work with people to help them with their needs, help them with restructuring their loans if necessary when bad things happen unexpectedly...probalby most of them are still in the small town, locally owned banks. There are still good bankers with high moral standards and that see there job as an opportunity to serve rather than to act as a predator.

I can only speak for my area in which I'll bet there are only maybe 3 or 4 independently owned banks. Most are owned by large conglomerate banksing systems. All now are really helpful, I agree. As you noted I was speaking primarily of the past and this is where many obtained their wealth by being "not so helpful".
 

TSR

Well-known member
TexasBred said:
Sandhusker said:
AMEN!

The idea that a banker wants to sell somebody out is rediculous. Making loans is how the money is made, you're always looking for them, not trying to get rid of the ones you have. If nothing else, foreclosure is a huge pain in the rear and a lot of extra work.

I've overheard disgruntled former customers wailing about what "That damn bank did to me". I wanted so much to step in with "Here's the side of the story he's not telling you", but you just have to keep quiet.

Sand...can tell you from past experience, the last thing a bank wants is to own real estate. From the day of your first delinquency to the date of a foreclosure sale takes approximately 6 months. Anytime during this process the borrower can pay up current and the entire process goes back to square one. Yes it cost money and no bank wants a huge number of pieces of real estate sitting empty.

I'm speaking of years past where one man practically had the say in most small banks, he had the controlling interest. "The last thing a bank wants to own is real estate". In those days, as one banker/lawyer said (according to what I was told) "all I want is the farm next to mine." It happened lots of times. Today its different huge banking systems own most banks,at least around here. There's just not one local man with all the power.
 

TexasBred

Well-known member
TSR said:
TexasBred said:
TSR banking for hundreds of years was a rotten business. And we've recently learned there are still some rotten apples in the bunch. But I know in my little area of the world bankers still work with people to help them with their needs, help them with restructuring their loans if necessary when bad things happen unexpectedly...probalby most of them are still in the small town, locally owned banks. There are still good bankers with high moral standards and that see there job as an opportunity to serve rather than to act as a predator.

I can only speak for my area in which I'll bet there are only maybe 3 or 4 independently owned banks. Most are owned by large conglomerate banksing systems. All now are really helpful, I agree. As you noted I was speaking primarily of the past and this is where many obtained their wealth by being "not so helpful".

TSR, sad day when the local banks decides to "take their profits" and sell out of the one of the nationwide megabanks. That's a big part of the problem to begin with. Those still fortunate enough to have a locally owned bank who recognizes their duty is to serve the public are very fortuante. But even some bank officers and directors just find the temptation for instant riches too much to pass up when the opportunity comes along to sell the bank and most will retain their jobs as well, along with a grossly inflated employment contract.
 

TSR

Well-known member
TexasBred said:
TSR said:
TexasBred said:
TSR banking for hundreds of years was a rotten business. And we've recently learned there are still some rotten apples in the bunch. But I know in my little area of the world bankers still work with people to help them with their needs, help them with restructuring their loans if necessary when bad things happen unexpectedly...probalby most of them are still in the small town, locally owned banks. There are still good bankers with high moral standards and that see there job as an opportunity to serve rather than to act as a predator.

I can only speak for my area in which I'll bet there are only maybe 3 or 4 independently owned banks. Most are owned by large conglomerate banksing systems. All now are really helpful, I agree. As you noted I was speaking primarily of the past and this is where many obtained their wealth by being "not so helpful".

TSR, sad day when the local banks decides to "take their profits" and sell out of the one of the nationwide megabanks. That's a big part of the problem to begin with. Those still fortunate enough to have a locally owned bank who recognizes their duty is to serve the public are very fortuante. But even some bank officers and directors just find the temptation for instant riches too much to pass up when the opportunity comes along to sell the bank and most will retain their jobs as well, along with a grossly inflated employment contract.

Most of the local banks sold around here made their major stockholders wealthy. And as you alluded to, those stockholders, many of whom were high level employees of the bank, retained their status as such.
 

rookie

Well-known member
.................and as Mr. Twain once said : "everybody talks about tha weather, but nobody ever does anythin about it."
 

TexasBred

Well-known member
rookie said:
.................and as Mr. Twain once said : "everybody talks about tha weather, but nobody ever does anythin about it."

Rookie...tell me this...how can you or I keep a bank full of stockholders from selling if that's what they want to do??? Even if you own stock "majority rules". I don't like it but I can't stop it and neither can you. About all you can do is sell your stock and move your money.
 
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