Reform Farm Credit

Congress could fix some of Farm Credit’s most egregious issues.

Every five years, Congress makes sure that agricultural policy stays fresh by developing a piece of legislation called the Farm Bill. Continue Reading

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Farm Credit Deposits Are Unlawful, Uninsured and At Risk

Before and after its bailout in the 1980s, the Farm Credit System’s (FCS) M.O. has been to expand its activities beyond what Congress has authorized. Most of the time, that’s meant lending for unauthorized purposes – loans to huge telecoms, technology real estate investment trusts (REITs) and customers looking to buy luxury houses.

But the FCS is constantly overstepping its bounds to make a profit. And one way it’s doing that is by taking deposits.

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Farm Credit’s Unfair Edge on Appraising Creates Conflicts of Interest

The details are everything. One gritty detail, often overlooked, is that Farm Credit is allowed to have in-house appraisers Continue Reading

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The Farm Credit System Is Not Meeting Its Goals

Farm Credit associations are mandated by law to track their loans to young, beginning and small (YBS) farmers. Continue Reading

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You pay your fair share of taxes. Why doesn’t Farm Credit?

While ordinary Americans and businesses across the country have paid their fair share of taxes, the Farm Credit System (FCS) has continued to get away with paying a pitifully low tax rate for 2016. 3.61 percent.

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