Political Quotes

“What this bill says is if you do this activity in the United States of America, you'll be subject to certain regulations. If you do the exact same activity through a subsidiary in a foreign country, you will not be subject to our regulation. That's an open invitation to move American jobs offshore. It's an encouragement to move American jobs offshore. It is blatantly obvious. How that is good for the American economy, I don't know. Why would we want to say to any American company some foreign regulator is better than us? Now I know we are going to have this debate in other matters later on this week, saying just the opposite. So in this case, foreign regulators are better, but in other cases, they're not. It's kind of stunning. We actually did it this morning on another matter. I want to join with the AFL-CIO in making a pretty clear warning to my colleagues: if this bill becomes law, I regretfully agree that there will come a day that you'll regret this vote, as many of us, not me, but many of us regret the vote for the PATRIOT Act. {time} 1610”