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Article: Statement of the Board of Directors of the American Farm Bureau Federation Regarding Financial Rescue Package
- Article from:
- US Fed News Service, Including US State News
- Article date:
- October 1, 2008
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The American Farm Bureau Federation issued the following statement:
Statement of the Board of Directors of the American Farm Bureau Federation Regarding Financial Rescue Package
"Today, the United States faces a severe financial crisis. Many factors caused it, from irresponsible lending policies to Wall Street financial failures, from lack of adequate oversight to questionable accounting rules.
"Unfortunately, conditions have deteriorated to the point where immediate action is needed to help restore confidence in the markets and to free up the credit flows Main Street businesses, agriculture and ordinary Americans need. Farmers have to borrow to pay for fertilizer and seed. Most students ...