Dana Rohrabacher: “Rejecting this waiver means one thing in policy. One policy decision is being made today, and that is whether or not we…”

“Rejecting this waiver means one thing in policy. One policy decision is being made today, and that is whether or not we are going to subsidize American businessmen, take taxpayer dollars and guarantee the loans that they are getting and give them a lower rate of interest in order to set up factories in a Communist country, in Vietnam. Mr. Speaker, I do not think that is a good idea for Democratic countries, and it certainly is not a good idea for dictatorships like Vietnam. Vietnam does not deserve a subsidy for American businessmen to set up factories, closing their factories in the United States, so these businessmen can take advantage of the slave labor in Vietnam. They do not deserve it. As we have heard, Pete Peterson, one of our former colleagues, a former POW, could not come up with one example of where Vietnam was progressing in the right direction after all of these years of engagement. We are not talking about trade. We are not talking about isolating Vietnam. We are talking about subsidizing businessmen to set up factories there. That is immoral as long as that country is such a dictatorship.”