Posted on 05/30/2015 5:29:31 AM PDT by cotton1706
There is nothing more rare in Washington than the opportunity to shutter the doors of a profligate federal agency. Thus the prospect of ending the wasteful and corrupt Export-Import Bank is even more enticing. Unfortunately, Senate Majority Leader Mitch McConnell (R-KY) has just handed the Democrats another gift that could possibly snatch defeat from the jaws of victory for Republicans and reauthorize the poster child of corporate welfare.
In an irony of all ironies, McConnell was giving away roubles with his own party! ”political favors last week to Democrats willing to join him to…pass one of Obama’s biggest legislative priorities, Trade Promotion Authority and dubbed by others as Obamatrade for the special privileges granted to the potential trade deal. Irrespective of one’s views on trade in general, the idea that Republicans would expend political capital to pay off Democrats in order to help pass one of Obama’s top priorities is absurd. Yet, that is exactly what McConnell did when he promised Sen. Maria Cantwell (D-WA) a vote on the reauthorization of the Ex-Im Bank charter in exchange for her and a contingent of Democrats agreeing to vote for cloture on Obamatrade last Thursday.
McConnell has refused to negotiate or fight vigorously to allow votes on conservative priorities, but he is willing to surrender the one impending victory against corporate welfare in order to bail out Obama from troubles with his own party! Even more troubling, at a time when McConnell has blocked conservatives from offering amendments, even those that are germane to pending legislation, he is abdicating his authority as Majority Leader to set the Senate to Cantwell next month by allowing her to file cloture on a bill reauthorizing the Ex-Im Bank.
(Excerpt) Read more at conservativereview.com ...
How exactly is the Export Import Bank corrupt
It provides a needed service to make American Corporations competitive in world trade.
The corporations have no salesmen of their own ?
“How exactly is the Export Import Bank corrupt”
A quick search on Bing provides some answers. Here’s one example.
Don Draper went back to the commune.
Ex-Im was not the corrupt party. The corruption was a black congressman that stored the ill gotten payoff in his freezer
Unmentioned were the hundreds of Tennessee workers with jobs resulting from EX Im guarantees for payment from foreign customers.
We tried before November, but sadly, the "lesser of two evils" argument persuaded many. Now the backstabber is showing his true colors, as predicted, and all that will go wrong between now and 2016 will be laid at the feet of the GOP - as planned in advance, of course.
Give Obama Power indeed!
To the "lesser of two evils" GOPe supporters, all we can say now is...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.