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Tell the Senate to Include Farms in the Foreclosure Relief Legislation
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May 4, 2009

Dear Supporter,

Banks that receive additional taxpayer money should be required to show some flexibility to rework farm loans during this economic crisis.

Ask your Senator to support the Feingold-Gillibrand amendment.

Big banks that are taking taxpayer money are trying to short-change farmers. The banks are too big to fail, but they view these farms as too small to save.  Can you ask your Senator to support the Feingold-Gillibrand amendment to the foreclosure bill so farms can keep operating?

Farmers often risk it all to be able to keep farming.  They often have to bet their farmhouses in order to get the needed credit to plant crops each spring.  Banks are not taking the time to work with farmers who are in trouble because of the economic crisis, which could drive more farms into foreclosure.

Tomorrow, the Senate will debate legislation (the Helping Families Save their Homes Act of 2009, S.896) to help troubled homeowners restructure their mortgages to save their homes, but most family farmers who face foreclosures would not be protected by the proposal because their farmhouses are part of farm loans and not home mortgages. An amendment offered by Senators Russ Feingold (D-Wis.) and Kirsten Gillibrand (D-NY) (Senate Amendment S.A.1032) would extend similar loan protections to farmers.  This common-sense amendment will help farmers stay in their homes and on their farms.

Can you contact your Senators TODAY and urge them to support the Feingold-Gillibrand amendment to the foreclosure bill?

http://action.foodandwaterwatch.org/t/591/campaign.jsp?campaign_KEY=27190


Thanks for taking action,

Sarah, Noelle, Alex and the Food Team
Food & Water Watch
goodfood(at)fwwatch.org

Food & Water Watch is a nonprofit consumer organization that works to ensure clean water and safe food. We challenge the corporate control and abuse of our food and water resources by empowering people to take action and by transforming the public consciousness about what we eat and drink.

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