Emerson Etheridge said "Here is my question. If I keep building this big enough, pretty soon the bankers are going say to me, ``Mr. Etheridge, if you can't pay some of the principal, we're going to have to sit down and work out a plan for you.'' Normally, people do not do that with a country, but I think earlier the gentleman from New York touched on this when he was talking about the challenge we face with our international friends owning our debt. How do we deal with them diplomatically when we owe them so much money?" @ PoliticalQuotes.com

On the recordNovember 16, 2004

Here is my question. If I keep building this big enough, pretty soon the bankers are going say to me, ``Mr. Etheridge, if you can't pay some of the principal, we're going to have to sit down and work out a plan for you.'' Normally, people do not do that with a country, but I think earlier the gentleman from New York touched on this when he was talking about the challenge we face with our international friends owning our debt. How do we deal with them diplomatically when we owe them so much money?

Said by

Emerson Etheridge

Ind. Republican-Democrat · Tennessee

Source

govinfo.gov

Editor's note · Context

Discussing the implications of national debt and international relations.

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