The Farm Credit System (FCS) is a federally chartered network of cooperatives and related service organizations that lends to agricultural producers, rural homeowners, farm-related businesses, and agricultural, aquatic, and public utility cooperatives in the United States. Federal oversight by the Farm Credit Administration (FCA) is designed to provide for the safety and soundness of FCS institutions.
Read more about Farm Credit System: Authorization, Mission, Historical Entities
Famous quotes containing the words credit system, farm, credit and/or system:
“To give money to a sufferer is only a come-off. It is only a postponement of the real payment, a bribe paid for silence, a credit system in which a paper promise to pay answers for the time instead of liquidation. We owe to man higher succors than food and fire. We owe to man.”
—Ralph Waldo Emerson (1803–1882)
“On the farm I had learned how to meet realities without suffering either mentally or physically. My initiative had never been blunted. I had freedom to succeed—freedom to fail. Life on the farm produces a kind of toughness.”
—Bertha Van Hoosen (1863–1952)
“There is nothing less to our credit than our neglect of the foreigner and his children, unless it be the arrogance most of us betray when we set out to “americanize” him.”
—Charles Horton Cooley (1864–1929)
“The genius of any slave system is found in the dynamics which isolate slaves from each other, obscure the reality of a common condition, and make united rebellion against the oppressor inconceivable.”
—Andrea Dworkin (b. 1946)