My fellow conservatives:
Are you against the concept of an Ex-Im Bank while at the same time angry that Obama has allowed the AIIB to take control?
Or do you support an Ex-Im bank that is more competitive than the AIIB?
That is apples and oranges.
The World Bank is the offset to AIIB.
The Ex-Im Bank is the offset to the China Development Bank.
There are probably some that recall that after the China Development Bank loaned Petrobras $10 billion in 2009, Obama had the Ex-Im Bank match to the $10 billion offer.
But as it was, Petrobras never utilized any of the Ex-Im loan guarantees.