while everybody is celebrating V-E Day, victory in Europe, I would like to talk about B-A Day, Bankruptcy in America Day. Think about it. For 50 years America has given trillions, trillions of dollars to Europe and Japan. And in return Japan keeps ripping us off with illegal trade. And as we speak, Russia is now concluding a deal to build nuclear reactors in Iran. Beam me up. With friends like this, my colleagues, why does America have to worry about any enemies? I say let us stop this cash giveaway to Europe and Japan, start investing that money in America. Then we would not have to tinker with Medicare. Wake up, Congress. Our policies are so misdirected, if you threw at the ground they would probably miss.
James Traficant: “while everybody is celebrating V-E Day, victory in Europe, I would like to talk about B-A Day, Bankruptcy in America…”
Editor's note · Context
Discussing U.S. foreign aid and economic policy during a speech on the House floor.
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