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Rhiannon12866

(253,314 posts)
17. He didn't sell it, but he almost lost it
Sat Oct 20, 2018, 05:57 AM
Oct 2018

It was placed in a "blind trust" for the duration of his presidency - he received no information it at all. And this was the family farm that he was responsible for, inherited from his Dad by Jimmy, his mother and three siblings. When he returned to Georgia in 1981 he learned that there was a huge debt caused by mismanagement and three years of drought. He only saved it by selling the Carter Warehouse to pay down the debt. And included in the farm property was the Carters' home which Jimmy had helped to build himself, he could have lost that, too.

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