[Congressional Record Volume 141, Number 61 (Monday, April 3, 1995)]
[House]
[Page H4041]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESS MUST REGULATE COMMERCE WITH FOREIGN NATIONS
(Mr. TRAFICANT asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. TRAFICANT. Check this out, you promise keepers: The dollar, once
valued at 234 yen has joined the Titanic; it is down to 86 yen.
Now check this out: All of these think tank impresarios and all of
these economic gurus told Congress if you want to fix the trade
problem, drive down the value of the dollar. It is so low it could walk
under a closed door with a top hat on, and in Detroit the deficit keeps
growing. It is not the budget deficit, it is not rescissions, it is not
tax cuts.
Japan has cleaned our clock on illegal trade for years. We are in a
trade war. Is America afraid to fight? This is war.
Why do we not regulate commerce with foreign nations like the
Constitution charges us, Congress, and then maybe we will keep a few
promises with working Americans.
I hope those gurus are in some economic unemployment line somewhere
in the country.
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