Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Conservatives Successfully Defeat Egregious Corporate Welfare: Export-Import Bank Remains Expired
Cruz.Senate.gov ^ | July 30, 2015

Posted on 07/31/2015 9:59:10 AM PDT by Isara

Congress must preserve today’s win for American taxpayers

WASHINGTON, D.C. - U.S. Sen. Ted Cruz (R-Texas) today issued the following statement regarding the Senate's final passage of a long-term highway reauthorization bill. Immediately following its passage, the Senate approved a three-month highway extension, which the House passed earlier in the week. This short-term extension did not include a provision to resurrect the Export-Import Bank and has been sent to the president for his signature.

"Today was a major win. Just one week ago, the Washington Cartel was certain that the Export-Import Bank -- a quintessential example of cronyism and corporate welfare -- would be reauthorized. The fix was in. And yet, after a long battle on the Senate floor, as Mark Twain might say, reports of Ex-Im's revival were greatly exaggerated.

"The House stood strong and refused to reauthorize the Export-Import Bank. And, today, the Senate was forced to relent and pass a three-month extension in the Highway bill, without reauthorizing the Export-Import Bank.

"I commend House conservatives for their strong leadership. This Fall, no doubt, the Washington Cartel will make yet another run at reviving Ex-Im. Lobbyists will descend on Congress, doling out checks and trying to extend hundreds of billions of dollars of taxpayer loan guarantees to a handful of giant corporations. But, if the House continues to demonstrate their courage of their convictions, together we will make permanent a major victory for hard-working taxpayers. No more cronyism; instead, opportunity for all, and favoritism towards none."

###


TOPICS: Constitution/Conservatism; Crime/Corruption; News/Current Events
KEYWORDS: cruz; exportimportbank; tedcruz
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-82 next last
FYI
1 posted on 07/31/2015 9:59:10 AM PDT by Isara
[ Post Reply | Private Reply | View Replies]

To: Isara; SoConPubbie; onyx

God bless and keep Sen Ted Cruz!


2 posted on 07/31/2015 10:00:39 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Isara

Stupid! Stupid! Stupid!

Of all the things they cut. They cut something that actually made money and returned cash to the Treasury, and that was helping our exporters as well.

I think China paid for this so that China’s aerospace and heavy machinery industies could finish off our American industries.


3 posted on 07/31/2015 10:02:04 AM PDT by DannyTN
[ Post Reply | Private Reply | To 1 | View Replies]

To: Isara

Kudos to conservatives for killing crony capitalism bill.
Government subsidies to anyone, corporations or individuals, do not fall from the sky. They are paid by hard working tax payers.

If a corporation is o inefficient, they need a subsidy, it is best if they be allowed to go bankrupt. That will make more room for the more efficient corporations to grow.


4 posted on 07/31/2015 10:05:27 AM PDT by entropy12 (Make America Great Again!!! Go Trump/Cruz 2016....others are all in pocket of their rich donors.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DannyTN

No doubt there are a few American manufacturers that benefited from Ex-Im Bank. They can go to a private bank if they need financing like anyone else.


5 posted on 07/31/2015 10:05:49 AM PDT by Eric in the Ozarks ("If he were working for the other side, what would he be doing differently ?")
[ Post Reply | Private Reply | To 3 | View Replies]

To: Jane Long; Kale; Jarhead9297; COUNTrecount; notaliberal; DoughtyOne; MountainDad; aposiopetic; ...
    Ted Cruz Ping!

    If you want on/off this ping list, please let me know.
    Please beware, this is a high-volume ping list!

    CRUZ or LOSE!

6 posted on 07/31/2015 10:06:11 AM PDT by SoConPubbie (Mitt and Obama: They're the same poison, just a different potency)
[ Post Reply | Private Reply | To 2 | View Replies]

To: DannyTN
Stupid! Stupid! Stupid!

No, stupid is giving Tax-Payer provided Welfare to corporations.

And that is exactly what the Export-Import Bank was.
7 posted on 07/31/2015 10:07:22 AM PDT by SoConPubbie (Mitt and Obama: They're the same poison, just a different potency)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Eric in the Ozarks

No doubt there are a few American manufacturers that benefited from Ex-Im Bank....I believe Boeing is American, even though it is in Washington State.


8 posted on 07/31/2015 10:09:07 AM PDT by Safetgiver ( Islam makes barbarism look genteel.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Eric in the Ozarks
They can go to a private bank, but...

Seriously, this would be like our armed forces telling our soldiers they have to arrange to source and buy their own bullets like any other citizen. It just doesn't make sense.

9 posted on 07/31/2015 10:10:37 AM PDT by DannyTN
[ Post Reply | Private Reply | To 5 | View Replies]

To: entropy12
"If a corporation is o inefficient, they need a subsidy government financing to deal with foreign countries, it is best if they be allowed to go bankrupt. That will make more room for the more efficient corporations to grow." free more Americans from jobs

Fixed it.

10 posted on 07/31/2015 10:14:18 AM PDT by DannyTN
[ Post Reply | Private Reply | To 4 | View Replies]

To: entropy12
"If a corporation is o inefficient, they need a subsidy government financing to deal with foreign countries, it is best if they be allowed to go bankrupt. That will make more room for the more efficient corporations to grow." free more Americans from jobs

Fixed it.

11 posted on 07/31/2015 10:14:18 AM PDT by DannyTN
[ Post Reply | Private Reply | To 4 | View Replies]

To: Isara

Excellent. Ted does, Trump talks.


12 posted on 07/31/2015 10:15:33 AM PDT by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Isara

I guarantee that my RINO Congressman would have voted for it, cause he voted for it all of the past times.


13 posted on 07/31/2015 10:15:48 AM PDT by lormand (Inside every liberal is a dung slinging monkey)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DannyTN

That is not how free market capitalism works.
LASTING Jobs are not created by taking taxes from the more efficient and giving subsidies to less efficient corporations. It is called fascism.


14 posted on 07/31/2015 10:18:42 AM PDT by entropy12 (Make America Great Again!!! Go Trump/Cruz 2016....others are all in pocket of their rich donors.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: SoConPubbie

All I know is that Obama, Reid, and Pelosi have been pimping for reauthorization and I can’t find many good things that they have supported.


15 posted on 07/31/2015 10:21:01 AM PDT by cripplecreek (Sad fact, most people just want a candidate to tell them what they want to hear)
[ Post Reply | Private Reply | To 7 | View Replies]

To: DannyTN

“Stupid! Stupid! Stupid!

Of all the things they cut. They cut something that actually made money and returned cash to the Treasury, and that was helping our exporters as well.

I think China paid for this so that China’s aerospace and heavy machinery industies could finish off our American industries.”, Spoken like a TRUE “Crony Capitalist”. Bet You voted for Corker AND Alexander too.


16 posted on 07/31/2015 10:21:17 AM PDT by US Navy Vet (Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: DannyTN

Forrest Gump voice- I may not be a smart man, but I don’t understand why someone on a conservative website would want the government to use taxpayer dollars to subsidize private business. Solyndra, anyone?


17 posted on 07/31/2015 10:21:39 AM PDT by Reddy (B.O. stinks)
[ Post Reply | Private Reply | To 11 | View Replies]

To: DannyTN

“Financing”?

Where does that money to finance subsidies to less efficient corporations comes from? Is there a money tree in Washington DC?

That money comes from other hard working tax payers and more efficient corporations.

How did you get indoctrinated into fascist thinking?


18 posted on 07/31/2015 10:21:56 AM PDT by entropy12 (Make America Great Again!!! Go Trump/Cruz 2016....others are all in pocket of their rich donors.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Jane Long

Imagine him as Secretary of State under President Trump!


19 posted on 07/31/2015 10:31:13 AM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Isara

The House had already taken its stand on this long before Cruz’s diatribe trying to use it as an excuse for his vote for TPP that he received some backlash for. Cruz had nothing to do with this result - it’s ridiculous for anyone to claim that he did. And besides that...it isn’t over. Too early for victory.


20 posted on 07/31/2015 10:36:32 AM PDT by Republican Wildcat
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-82 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson