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Economy: Farmers / Foreclosure #318883

CBS Evening News for Monday, Nov 14, 1988
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(Studio: Dan Rather) Response of President-elect George Bush to questions about timing of announcement of foreclosure of farmers noted. Report introduced.

(Winterset, Iowa: Gary Reaves) Govt. letter sent to farmers demanding that they pay off overdue loans reported; details given, scenes shown. [Farmer Cliff RADER - says it means they will try to take farm away.] [Farmers Home Admin. Iowa director Bob PIM - says families can be helped to stay on farm in realistic way.] FHA's public relations problems noted. [Farmer Bob SIMON - reads government letter.] [Family farm advocate Dan LEVITAS - discusses issue of meaningful relief from Congress to farmers.] [Agriculture Department deputy undersecretary LaVerne AUSMAN - discusses foreclosure.]

Rather, Dan;
Reaves, Gary

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