On the recordSeptember 14, 1999
Remember the Singer sewing machines? Most married couples in America had one. Today the Singer Company filed bankruptcy in New York. The Singer Company is now headquartered in Hong Kong. They make their sewing machines in Japan, Brazil, and Taiwan. It is called the New World Order, Mr. Speaker. Here is how it works: American factories move overseas. They send their products back and sell them in America. If it does not work out, they go bankrupt and screw the American creditors. What a system. I yield back all the anti-American trade and tax policies that this Congress continues to support and pass.
Source
govinfo.gov
