George H.W. Bush: “No, and we're thinking about that. The legislation-- I've talked to Ed about this, and the legislation is fairly…”

“No, and we're thinking about that. The legislation-- I've talked to Ed about this, and the legislation is fairly specific in terms of creditworthiness. Shake me off if I'm wrong here, Ed, but I think that's correct. Regrettably, the Soviet Union has not entered into the market reforms that I think Gorbachev aspires to and that I know that the President of the Republic, Mr. Yeltsin, aspires to. So, they've got to move forward to be creditworthy if we're going to do this. Now, there may be--and we're thinking about this--there may be some way to extend credits. And I'll tell you another problem is we want to be sure how it's distributed--that no area is precluded from being the beneficiaries of this kind of credit. So, it's up in the air right now. I don't want to say that I won't go forward with this. I think in some areas it would be very helpful to us, to our grain growers. I'm not immune to the fact that they've been hurting, so I'd like to be helpful. But I've got to abide by the law. And if we can find ways to encourage forward movement on these credits or find ways to make it creditworthy any other way, so much--market reform is a good way to do it. There are other ways that perhaps they could make the credit more secure. Fast Track Authority Legislation”