Bernie Sanders said "These people who are lending the money are running to the Congress and saying, fund the IMF. Give the money to Russia so that we can make sure we get back our money at 100, 125 percent. ... the conditions that came out of the Mexican bailout and the disaster it has been for the people of Mexico; the fact that it did only bail out a few very wealthy people in Mexico and banking interests and wealthy people in the United States and yet has caused 20,000 small businesses to collapse and, I am told, economic calamity. We need to change these policies. If we do not adopt this amendment tonight, we will never get them changed." @ PoliticalQuotes.com

On the recordJuly 16, 1998

These people who are lending the money are running to the Congress and saying, fund the IMF. Give the money to Russia so that we can make sure we get back our money at 100, 125 percent. ... the conditions that came out of the Mexican bailout and the disaster it has been for the people of Mexico; the fact that it did only bail out a few very wealthy people in Mexico and banking interests and wealthy people in the United States and yet has caused 20,000 small businesses to collapse and, I am told, economic calamity. We need to change these policies. If we do not adopt this amendment tonight, we will never get them changed.

Said by

Bernie Sanders

Independent · Vermont

Source

govinfo.gov

Editor's note · Context

Addressing the impact of international financial policies and the need for policy change during a discussion on the IMF.

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