Dana Rohrabacher: “this idea that OPIC is creating jobs in the United States is so much nonsense I can hardly contain myself. We are…”

“this idea that OPIC is creating jobs in the United States is so much nonsense I can hardly contain myself. We are talking about taxing the hardworking people of the United States in order to provide loan guarantees and subsidies for people who, not that they want to sell products overseas, but so that they can build manufacturing units overseas. For people that want to know what that means, that means we are building companies that will compete with Americans and put Americans out of work and we are taxing the American people to do it. This is absurd. This is a sin against average American working people. Furthermore, what kind of countries are we talking about? These are not struggling democracies we are trying to encourage investment in. These are dictatorships. These are bloody gangster regimes that cannot get private sector financing because it is too risky. Now, of course, by getting the American taxpayers to pony up the money, to take all the risk, are we encouraging those gangster regimes to liberalize? Not only are we putting our people out of work, we are telling the gangsters to go ahead and suppress their unions, go ahead and suppress freedom of speech, go ahead and suppress competition, let our businessmen in, because we are going to subsidize them. This is horrendous. We are taking away the incentive for dictatorships to liberalize and become free. We are taking jobs away from our people.”