Political Quotes

On the recordOctober 21, 1999
the International Monetary Fund [IMF] would have to pay interest on all the U.S. reserves it taps, or face a cut-off of future U.S. funds.
Said by
Jim Saxton
Republican · New Jersey

Editor's note · Context

Jim Saxton introduces legislation regarding IMF payments to the U.S.

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More from Jim Saxton

Feb 24, 1999

It was essential that we act to help stop the escalation of the crisis in the Horn of Africa, and particularly the Ethiopia-Eritrean war, if the region was not to slide further into chaos.

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Stability in the Horn of Africa, and especially the existence of a unified and pro-Western Ethiopia, is of crucial importance to the national security of the United States.

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Feb 24, 1999

The reason we should pay close attention to the mounting crisis and escalating war is the vital strategic importance of the Horn of Africa to the United States and its close allies.

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Feb 24, 1999

Ultimately, it is imperative that long-term solutions are attained--nation building and economic revitalization under condition conducive for flow of private funds, not just hand outs of humanitarian assistance.

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