The President of the Senate (who by the Constitution is also the Vice President of the United States) is Joseph Robinette BIDEN (D). The President pro tempore of the Senate is Daniel Ken INOUYE (D-HI). The Senate Majority Leader is Harry Mason REID (D-NV). The Senate Minority Leader is Addison Mitchell McCONNELL (R-KY).
The crash was especially severe in Iowa, where the value of the state's farmland plunged from $2,147 an acre in 1981 to a low of $787 five years later, a drop of 63 percent. A third of the state's farms went out of business.
In the Southeast and Mid-South, another survey indicates higher appreciation of non-irrigated and irrigated farmland and pasture land in recent months. A survey released by the Farmland Investor Letter indicates non-irrigated cropland values averaged $3,141 per acre, irrigated cropland values $4,477 per acre and pasture land $2,239 per acre.