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Economy: Farmers / Foreclosure #318863

CBS Evening News for Saturday, Nov 12, 1988
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(Studio: Terence Smith) (NOTE: Story joined in progress) Govt. reported set to send out foreclosure notices to farmers who are delinquent on payments. [Farmers Home Admin. spokesperson Vance CLARK - comments on extent of farmer debt.] [Iowa farmer Lonnie SMITH - feels he's getting the shaft.] Chgs. by Democrats that Republicans delayed notice until after election reported [Senator Patrick LEAHY - says Republicans are playing pols.] [Minnesota agriculture commissioner Jim NICHOLS - agrees.] [CLARK - denies timing tied to election] [Farmers advocate Dan LEVITAS - discusses farmers' strategy.]

(Studio: Bob Schieffer, Terence Smith) Bill to bail out savings and loan insts. previewed; FDIC (Federal Deposit Insurance Corporation) mentioned.

Schieffer, Bob;
Smith, Terence

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