Vote on Contributing to the IMF

Date: July 20, 2010
Location: Washington, DC
Issues: Foreign Affairs

Mrs. McMORRIS RODGERS. Mr. Speaker, Margaret Thatcher once said, ``The problem with socialism is that eventually you run out of other people's money.'' It's true. And we see it in Europe today. Greece and others in the European Union have spent their way into bankruptcy, and unfortunately we are following in the same path. They're requesting $300 billion from the IMF.

What most people in America don't realize is America is the largest contributor to the IMF, so we are really underwriting a European bailout. I have introduced a resolution in Congress calling for an up-or-down vote by Congress on this proposal. And I posted my idea on America Speaking Out.

Right now any citizen can go to America Speaking Out to discuss and vote on this idea. I encourage them to vote ``yes'' and to spread the word to others. Let's keep the momentum going.


Source
arrow_upward