FarmTrac Troubles

[taxpayer]

Originally Posted by redneckford

Taxpayer----when you get this thing to court remember me and Ole blue---we just want to drive a golf cart and play a few rounds on "your" golf course----7 million heck that is pocket change for a little Ole tractor dealer that will bring down one of the biggest Industrial and Military complex veterans.Just think of the money you will make on that speaking tour telling all those hard working Americans how to take their country back. (I'm sorry the money you will make for not going on tour)Reckon you can hire a few of the T----- Fellas to mower the grass with scissors. the ball is rolling and they can not stop it now-----When it goes in the hole they will come out pointing fingers at one another---that will begin to happen shortly. Walk Loud and Swing that BIG STICK!!!!! GAME ON!!!!!

Red, I don't want you and Blue to get your hopes up too much on them golf carts and such, they'll probably want to pay off with blue tractors.
I wouldn't count on that speaking thing either,I ain't much on talking but once, after that the big stick is more my game.gotta work on that!

Taxpayer

[tommybr]

Originally Posted by glgdiggs

With the American people being scammed out of a trillion or more dollars by wall street do you really think anyone cares about Textron or Farmtrac dealers or owners?

The purpose of this thread is to discuss the Farmtrac issue............dealers and customers......if it is of no intrest to you, why do you read this and follow along?

[case1570]

Glgdiggs, anyone care? The current count on this thread is 143,273. People care very much. Let us all keep pushing forward. I don't think most of you realize how much this fight is for all ag dealers and their customers. There are a handful of people working on this everyday at the expense of their own business and interests to help all. Thanks to those people. The rest will benefit greatly even though they have done next to nothing except complain. Don't quit, don't stop calling, keep fighting , oh and stop buying products offered by companies that perpetrated these scams.
Case

PS Check out the "Farmtrac 300DTC-I am all smiles" thread. This is what it is all about for both dealer and customer. He is almost as happy with his Farmtrac as I am!!!!!!!!!!!!

[MessickFarmEqu]

Originally Posted by redneckford

I bet Messick knows?????!!!!!

Textron floor plans a number of lines that we sell, heck take any of the small companies in this business and its likley that they are involved as a creditor.

I'll make my statement about this again.... there sure is alot of finger pointing at Textron, but basically nothing that's been posted on why this is their fault? They are a creditor, that's what they do. As far as I can see its Farmtrac that ran themselves into the ground and the Indians ran away with the money...? Its not the banks responsibility to see that you pay your mortgage rather than buying a porsche, no more than its Textrons job to see that Farmtrac was well managed.

If the goal here is to raise concern about whats happened you guys need to be more black and white with what Textron has done wrong here. Whats been posted here sure does not make much of a case for anything.

[case1570]

Messick you keep fishing, did you read the article that was posted from the Southwestern Association? We have said several times we are not going to play all of the cards now. There is a great deal of info. in this site, much of it substantiates our finger pointing.

Messick, lets start with you reading the above mentioned article. Then I would like you to defend textrons position in this. I believe they knew what was going on and most likely orchestrated the plan or textrons left hand does not know what their right hand is doing, this I think is by design. This was also their defense when caught, found guilty and fined in the oil for food scandal. Where they bribed Sadam. They have a long track record of fines, suits and litagation against them. This is fact. Yes this is not directly related to farmtrac but any good lawyer will try to show a pattern. I think we have proved this without a doubt. You will continue to have ties with textron, this I am sure but you will also benefit greatly from the exposure of these schemes to the American dealer!
Case

[tommybr]

Messick, the Farmtrac dealers would be absolutely stupid to disclose their legal strategy on this site.

[blueliner]

Mr. Messick -- Again, you lolligag through a site chocked full of information with people tending to a serious issue. You've failed to heed previous recommendations: tread lightly and thoroughly read backdated posts.

Case1570 has supplied a firm foundation... and I'll provide some window dressing.

Originally Posted by MessickFarmEqu

Textron floor plans a number of lines that we sell, heck take any of the small companies in this business and its likley that they are involved as a creditor.

Given their "rap sheet," that is a particularly disturbing thought.

Originally Posted by MessickFarmEqu

I'll make my statement about this again.... there sure is alot of finger pointing at Textron, but basically nothing that's been posted on why this is their fault?

I'll make this painstakingly easy for you and anyone else who purports themself as a newcomer. My Rx is some reading. If you read all at my site and this article, you'll have plenty of an understanding.

Should you fail to get it after the aforementioned, there is no hope for you.

Originally Posted by MessickFarmEqu

They are a creditor, that's what they do.

Right. And Guido and Luca make people sleep with the fishes -- that's what *they* do.... so that makes it OK, right?

Moreover, then why don't we hear about near legbreaking efforts by Agricredit, NAEDAs credit line, Wells Fargo or others?

One dealer attested that even a GE territory mgr. had the courtesy to say he'd be "better served not to accept shipments" when a different tractor line was going to h*ll in a handbasket.

Originally Posted by MessickFarmEqu

As far as I can see its Farmtrac that ran themselves into the ground and the Indians ran away with the money...?

Score one for the man from PA -- partly. FNA *execs* ran it into the ground, not its retailers. Dealers are still giving rearend-busting good service to their customers.

Originally Posted by MessickFarmEqu

Its not the banks responsibility to see that you pay your mortgage rather than buying a porsche, no more than its Textrons job to see that Farmtrac was well managed.

Very silly you... you're already not liked here... and to make a preposterous statement like that tells me you don't know the culture of folks who've taken on Farmtrac retailerships.

They are **far** from the kinda folks you portray them to be. Bibb overhauls aren't made by Hilfiger, workboots aren't made by Bruno Mali and Porche doesn't build the blue dirt-grindin' rigs these folks drive and sell, pal. FNA dealers are people of the earth. They earn their keep -- and do it daily -- with their bare hands.

Originally Posted by MessickFarmEqu

If the goal here is to raise concern about whats happened you guys need to be more black and white with what Textron has done wrong here. Whats been posted here sure does not make much of a case for anything.

Read the links above. If that's not enough, then I'll save you a seat at the courthouse. Like my grassroots bretheren, I'll be wearing dungarees and sneering toward the Evil Empire Financial Corp.

--blueliner

[glgdiggs]

I am interested in this thread because I own 3 Landtrac/Farmtrac tractors, but to think congress or the media is going to get all fired up about this situation is somewhat far fetched. Fraud happens, companies close their doors, products are discontinued: it happens all the time. Farmtrac is in recievership because of any number of reasons poor management, deceptive accounting, poor marketing, cash flows, competitive pressure, slowing economy, weakening dollar, manufacturer pressure since in practice they were a distributor as opposed to a manufacturer. Who knows for sure? Farmtrac's less than zero financing plan was a sign of market weakness not strength. Please believe that I have empathy for both dealers and owners [me] but it may be time to move on, the horse is dead, beating it will only wear you down and divert you from moving ahead in both business and life. As to Textron you will find big dogs eat first and the total Farmtrac experience isn't even a flea bite to them.

[taxpayer]

Maybe if Messick and Glgdiggs would pay attention to the disaster on wall street and draw comparsions with what happened to Farmtrac Dealers on a smaller scale, they might begin to get it.it is being said all over the nation by elected officals and private sectors that the big lenders had a responsibility to warn small banks that loans were being made for far more than the collateral was worth and that such action would lead to failure.

The Farmtrac dealers have contended from the beginning, that Textron had a responsibility to warn MFGs, distributers and dealers of exactly the same thing.

The wall street financiers now expect congress to use taxpayers money to bail them out and allow them to continue to operate with the same leadership that caused the failure. Textron expects the farmtrac dealers to do the same.
who was getting the exorbant salaries while fannie may & freddie mack were going under?it's CEO's and executives of course. who was ultimately paying the bill and will continue to pay for years to come?YOU and your Children, thats who.Textron basicly did the same.who do they expect to pay the bill for their failures? the farmtrac dealers and their children, THATS WHO.

Now you are probably outraged by the actions of the wall street moguls and their cronies in our government for threating your sucurity in the future and rightly so.How then can you in good conscense be so disturbed by the outrage of the farmtrac dealers who have had their and their families futures
threatened.

will you not demand that those who defrauded and mishandled you and yours future be held accountable and the situation be rectified?Why then do you wish to deny the farmtrac dealers the same right??

Most of the problems we as Americans face today can be summed up in one
word""GREED"".if we do not try to correct the problems, then we are the problem. are you so small minded that you can not realise that by denying another his right, you also take that right away from yourself??I don't really think you are, just give it some thought.

Taxpayer

[glgdiggs]

Taxpayer, in your wall street analogy Textron would be bailed out while your home is foreclosed upon.