But not because the entire mining complex and everything that touches the mining complex is getting crushed.
Today is a perfect example of why too much of a good thing is risky. Obviously I am assuming that the commodity theme is a good thing, which I do still believe.
The fire truck I wrote about a few months ago that our fire department is buying is almost done and getting the loan, we need to borrow a little under half the cost, has fallen on to my lap and the process is cumbersome and stressful. I had to fill out a two inch stack of paper work to get the loan approved and now I am in the middle of another two inch stack to get the funding of the loan to release.
Fortunately I have no experience with this and neither does anyone else!
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4 comments:
Good luck with the paperwork.
You will get through it!
HLP
When the paperwork weighs as much as the truck, your'e done.
Fred
With the price of gas as it is, we hope this is a diesel and, now for your play it safe theme: get the appropriate fuel injectors & find a supplier of bio-diesel ... just in case!
Cephas
Does your fire department fund need more donations to help? If so, please post the address again for all of us that didn't keep it last year. A fire truck is is very good investment for everyone, since it saves people, homes, farms, animals and forests!! (Which doesn't help with the loan process, because of the textbook economics problem of the commons, I guess???)
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