On the recordJanuary 19, 1995
But what I get a kick out of is in this era of personal responsibility it is not enough that you may very well, and probably likely, will earn a 20-percent rate of return on your investment, but we are saying to these very brave investors, ``Well, if you do not make that 20 percent, if the Mexican economy does not improve, if by some chance they are not able to pay you back, do not worry about it, Uncle Sam and the taxpayers are here to bail you out.'' The irony, and I know you and I have discussed this earlier, the irony that some of the people that we are protecting are exactly the same people who have thrown American workers out on the street, taken their jobs to Mexico, now they are going back to these unemployed workers and saying, ``We want you to provide guarantees to the companies that are investing in Mexico today.'' To say that is absurd would be, I think, a massive understatement.
Source
govinfo.gov




