Burgess Owens: “I regret very much it is bad news. We have been receiving a lot of that kind of news lately in New York State and States…”

“I regret very much it is bad news. We have been receiving a lot of that kind of news lately in New York State and States across the country: The streamlining, these cutbacks and wipeout of total plants in order to move to all places, of all places, Mexico, and now we are being told--listen closely, American voter; listen closely, American taxpayer--we are being told now that your taxpayers' money must be used to bail out the Mexican economy. As my colleagues know, twice in the last 10 years; we are going to now go to bat to bail out the investments of the banking and investment community. Large numbers of American investors have invested in Mexico, the plants in Mexico, taking the jobs away from our people, destroying our own consumer market, and now we, as taxpayers, will have to dig into our pockets and begin to bail out the Mexican economy to the tune of let us begin with $40 billion. I do not want to talk about how much it is, and they say, 'Well, it's off budget, so don't worry about it.' Nothing is really off budget. That is just nonsense.”