Obama Wanted to End This ‘Corporate Welfare’ Program When He Campaigned. Now He Wants Congress

theblaze ^ | august 23, 2014 | zach noble

[lowbridge]

Option No. 1: It’s one of those government programs that “don’t work” and is merely “corporate welfare.”

Option No. 2: It’s an “independent” bank that “pays for itself” and creates jobs.

President Barack Obama has flip-flopped between No. 1 and No. 2 when it comes to the U.S. Export-Import Bank.

“Its sole mission is to create American jobs,” Obama said in his weekly address Saturday. “That’s it. It helps many American entrepreneurs take that next step and take their small business global.”

While urging Congress to reauthorize Ex-Im, Obama said, “the bank works. It’s independent. It pays for itself. But if Congress fails to act, thousands of businesses, large and small, that sell their products abroad will take a completely unnecessary hit.”

It’s a near-total reversal of what he said on the campaign trail six years ago.

As the Washington Free Beacon noted earlier this month, in 2008 then-Sen. Obama called Ex-Im “little more than a fund for corporate welfare.”

[lowbridge]

Full title: Obama Wanted to End This ‘Corporate Welfare’ Program When He Campaigned. Now He Wants Congress to Reauthorize It.

[boycott]

The goofy bas+ard was an All-Pro arm-chair QB.

[tallyhoe]

Well if Congress would change the Income Tax code that would help Corporations then the Import Export bank could probably close!!! Course Zero would veto it!!!