Posted on 06/23/2016 1:22:42 PM PDT by KeyLargo
Garrett: Boeing deal with Iran proves crony capitalism is alive and well
Jun 15, 2016
Press Release
WASHINGTON, D.C. Rep. Scott Garrett (NJ-05) released the following statement in response to reports that Boeing has reached a multibillion-dollar deal to sell commercial passenger planes to Iran. Boeing is one of the largest beneficiaries of the Export-Import (Ex-Im) bank which perpetuates corporate welfare to mega corporations by handing out taxpayer-backed loans.
“This agreement between Boeing and the world’s largest state sponsor of terrorism is extremely troubling and shows that crony capitalism remains alive and well in Washington. Not only has Boeing lobbied for years to keep the taxpayer-backed Export Import bank alive, it now has also used its powerful position to take advantage of the ill-conceived nuclear deal with Iran. This agreement is bad news, not just for taxpayers but for our national security.”
Boeing was lobbying Congress to keep their Ex-Im bank subsidies at the same time it was seeking carve outs from the Obama Administration to do more business with the dangerous Iranian regime. Garrett has been an outspoken critic of the Ex-Im bank and the Iran nuclear deal.
submitted 21 days ago by Rfratthrowaway1
And it's been that way for a long time.
I think a President Trump has other ideas and can set things right again.
These guys represent two has-been industries, communications and transportation.
That is just more evidence that these people are not paying enough taxes.
That is just more evidence that these people are not paying enough taxes.
The Corporations fall in line with all the transgender, gay marriage, and other BS too. They don’t give a rats as$ about Americans. Dollars is all these people care about.
Clinton official on Boeing payroll, received millions for Iran deal.
Anyone who has built their business on illegal labor will be against Trump. Good business people who follow the law, will support him because it is hard to compete while following the law with those who don’t.
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