Collin C. Peterson Quotes
The banks run the place.
Grim, Ryan. "Collin Peterson: 'The Banks Run The Place'." HuffPost, 25 Sept. 2009.
See {617208} his grandfather’s related statement.
The Texas Exchange, one of the first farmer's cooperatives, in 1888 raised over $200,000 in collateral on which they wished to borrow about $100,000. No one in Texas would lend to a 'radical' cooperative, even with collateral. In 1890 the Texas Exchange collapsed.
Collin Clark Peterson is an American accountant and politician who served as the U.S. Representative for Minnesota's 7th congressional district from 1991 to 2021. A member of the Minnesota Democratic–Farmer–Labor Party, he was chairman of the House Committee on Agriculture from 2019 to 2021 and previously holding the office from 2007 to 2011; he had been ranking member from 2011 to 2019 and 2005 to 2007. Peterson was the most senior U.S. Representative from Minnesota and the dean of Minnesota's congressional delegation. In 2020, Peterson was defeated by Michelle Fischbach, ending a 30-year tenure in the United States House of Representatives.