[Congressional Record Volume 142, Number 13 (Wednesday, January 31, 1996)]
[House]
[Page H976]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                            LOAN GUARANTEES

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, let us see if this makes any sense. Uncle 
Sam borrows money from Japan and Germany and then gives that borrowed 
money to Russia. Russia then sells nuclear technology, fighter jets, 
tanks, and submarines to Iran and China. Military experts say that Iran 
threatens the gulf and that China, as we speak, threatens to nuke 
Taiwan.
  If that is not enough to float your boat, the White House wants to 
guarantee part of a $9 billion loan, another one to Russia, $9 billion.
  Mr. Speaker, did anyone ever stop to think that America with these 
policies just may be aiding and abetting our enemies?
  Beam me up, Mr. Speaker.
  If we can guarantee any loans for anybody, it should be for the 
people in the United States of America.

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