Political Quotes

“the Washington Post ran a front page story recently about millions of dollars in delinquent debts owed by several wealthy farm loan borrowers to the Department of Agriculture's Farmers Home Administration. Delinquencies on large loans made by Farmers Home more than a decade ago are unpaid not because of the debtors' inability to pay--many of them are millionaires--but because they apparently feel no obligation to repay the loans made to them in good faith by the taxpayers. It is time to clean up the mess. The farmers who milked FmHA instead of cows will be forced to part with their profits and pay back the American taxpayers. Payback time has come. These poorly underwritten loans should not have been made in the first place. The problem at hand now is doing everything that is possible and lawful to collect from the well-heeled deadbeats who unjustly give real farmers a bad name, and who by avoiding their legitimate debts insult the thousands of small, limited resource farmers who play fair and pay regularly. It is time to stop communicating, negotiating, threatening, deliberating--it is time to send the private bar after the public scofflaws. It can be done. A threat will not do it. A real good lawsuit will. I cannot explain why somebody who has the means to repay a loan does not. It is unconscionable. I do not know how the people identified in the Washington Post story can live with themselves.…”