Political Quotes

“In addressing this issue, I think we ought to first ask ourselves who is the IMF. Well, the IMF functions like a private club. Its minutes are secret. They are never released to the public. Its votes are not a matter of public record. The people who work for the IMF do not pay income taxes; or, actually, they pay income taxes, but then the IMF reimburses them for those income taxes. We are talking about funding the IMF and funding its operation. Hear me, we are talking about an organization whose employees receive reimbursement for their income taxes. When their children want to go to private schools, that education is financed; and we will continue to finance that if we vote another $18 billion to the IMF. When their children want to go to a private university or college, the IMF will pay their full cost of education, tuition, books. We are asking the U.S. taxpayers in this funding request to reimburse the employees of the IMF for income taxes, for private school costs, for tuition, and not only that, but for salaries higher than those paid by the U.S. Government. We might say, well, is it worth it? What will the IMF do with our money? We have been told they are going to bail out Asia, but that is not true. They have already funded the bailouts of Asia. They have $80 billion in reserve. They have $40 billion in gold reserve. Indonesia, who they loan money to, has $16 billion in reserves. What are they going to do?...”