Political Quotes

“I believe underlying this amendment is a certain arrogance. That is that every other country in the world and company in the world must be and do as we in the United States are, that they cannot have their own system. And if they do, we will not sell them products or services with any Eximbank assistance. I really think that that is shortsighted. As a matter of fact, were we to closely examine the United States, for example, New York State, we have a New York State Power Authority. It is a governmental entity that provides power in New York State. We have in western New York the Niagara Frontier Transportation Authority, a governmental entity providing public transportation. Under the Rohrabacher amendment, their counterparts in foreign countries would be excluded from participating with American businessmen and women in the purchase of goods, products, and services if Eximbank were to attempt to be of assistance. I really think that is rather foolish and narrowminded, and I think the amendment should be rejected.”