On the recordJuly 20, 2009
Bailout begets bailout.
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congress.govBailout begets bailout.
Ron Paul criticizes the cycle of bailouts leading to more bailouts.
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To save Americans from what very well could be the largest tax increase imposed by a Republican Congress, I offer an amendment that strikes the authority to impose tariffs of up to 100 percent on an ever-changing list of countries.
It’s a good legal discussion, and we will make those legal points to DOJ in sending the referral over.
Imposing a 100 percent tariff on all goods imported from countries like China and India is the economic equivalent of shooting ourselves in the foot.