Bill Bennett: “Mr. President, I have likened the crisis in Mexico to an analogy that…”

On the recordJanuary 31, 1995

Mr. President, I have likened the crisis in Mexico to an analogy that I hope will help people understand the position that I have taken. Suppose, Mr. President, that your neighbor suddenly came pounding on your door with the news that his house was on fire. You go out, look at his house and, sure enough, there are flames and smoke coming out of the attic. And your neighbor says, "My house is on fire; the fire is in the attic; my children are down in the basement. If we do not get the fire put out, my children will die. You must help me.…

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Bill Bennett

Source

govinfo.gov

Editor's note · Context

Discussing the Mexican financial crisis and the President's executive intervention.

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Bill Bennett: “Mr. President, I have likened the crisis in Mexico to an analogy that I hope will help people understand the position…”

Editor's note · Context