let us see if I understand this: Orange County, CA filed bankruptcy, the District of Columbia is technically bankrupt, and the President and Congress at the highest levels are talking about bailing out Mexico. And Wall Street agrees and the banks agree. Would you not? Forty billion dollars for Mexico takes the banks off the hook, it takes Mexico off the hook, it takes Wall Street off the hook, and it puts your constituents and mine right on the platter, right in the frying pan. That is good old American policy: ``Take care of everybody overseas and forget our own.'' I say, Members, let us not forget when Mexico nationalized the oil industry and screwed American investors. Man, and they did not even say ``I am sorry.'' Think about it, Congress. If we have got $40 billion to bail out anybody, how about your city, my city, any city, U.S.A. How about good old America for a change.
James Traficant: “let us see if I understand this: Orange County, CA filed bankruptcy, the District of Columbia is technically bankrupt…”
Editor's note · Context
Criticizing the proposed bailout of Mexico while American cities face financial difficulties.
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