Tim Ryan: “It is a real issue. So we are borrowing money from a country that we are in direct competition with. They are taking…”

“It is a real issue. So we are borrowing money from a country that we are in direct competition with. They are taking billions and billions of dollars of investment that is coming from the United States and going into China, whether it is Delphi that has filed bankruptcy, General Motors which has significant investment in China now, Ford just announced that they are going to cut 30,000 jobs in 10 plants in the United States. And we are borrowing money from the country that they are making the investment in? Now, China is not in a bad position right now. Check it out. I mean, they are getting investments from Delphi, General Motors, General Electric and Ford and a lot of the automakers; and at the same time they are loaning us money that we are paying them interest on.”