[Congressional Record Volume 142, Number 69 (Thursday, May 16, 1996)]
[House]
[Pages H5186-H5187]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      CORRECT THE TRADE IMBALANCE

  (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, last year over trade ripoffs the White 
House threatened Japan. After the smoke cleared, Japan laughed all the 
way to the bank. In fact, Japan now owns all of the top 10 banks in the 
world. This year the White House is threatening China. The soap opera 
continues. Threats to Japan, threats to China.
  The truth is the White House is talking like John Wayne and 
performing like Barney Fife. There is only one way to get the attention 
of these Chinese dictators that are destroying American

[[Page H5187]]

jobs, and that is a 2 by 4 right between the eyes. Neither party will 
balance the budget as long as we compete for $5 an hour jobs.

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