Political Quotes

James Traficant: Uncle Sam and the International Monetary Fund have loaned Russia billions and billions of dollars, and with each loan…

On the recordMay 5, 1999
Uncle Sam and the International Monetary Fund have loaned Russia billions and billions of dollars, and with each loan Russia promised to repay. Guess what? Russia says, and I quote, they cannot repay their loans this year, next year, not even in 10 years. How is that to fund the KGB, Congress? Russia says though, and I quote, Russia still expects America to loan them another $23 billion to carry on with their reforms. Beam me up here. I say, ``Expect this.'' Mr. Speaker, I yield back the facts that Russia opposes NATO, supports Milosevic and dumps steel illegally in the United States of America.

Editor's note · Context

Discussing U.S. loans to Russia and its repayment issues during a House floor speech.

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