[DannyTN]

Facts about the EX-Im Bank

Our congressmen seem to amass significant amounts of Chinese stock. It wouldn't surprise me if this attempt to kill the bank isn't directly funded by China. They are trying to compete against Boeing. Because aircraft is one of those industries that they haven't yet challenged us on.

[vbmoneyspender]

Why should Boeing get a gov’t subsidy? Simple question.

[vbmoneyspender]

Why Hillary Clinton Loves The Ex-Im Bank

When you’re exploring a run for the presidency, it’s never too early to start buttering up potential campaign donors. That is likely what Hillary Clinton had in mind when she used a seemingly innocuous conference on women and girls in Little Rock, Arkansas as a platform to plug the controversial Export-Import (Ex-Im) Bank of the United States. . . .

In October 2009, Hillary Clinton, then Secretary of State, visited a Boeing plant in Moscow. She was “delighted,” she said in her remarks there, “that a new Russian airline, Rosavia, is actively considering the acquisition of Boeing aircraft.” She then made what she called “a shameless pitch for Rosavia … to buy Boeing aircraft.” Earlier in her speech, Clinton lauded the Ex-Im Bank’s “long history of supporting exports to Russia, including the sale of aircraft.” To drive her pitch home, she exhorted, “The Ex-Im Bank would welcome an application for financing from Rosavia to support its purchase of Boeing aircraft.”

A lengthy report in the Washington Post on Clinton’s “beneficial relationship” with Boeing lays out the subsequent chain of events.

Boeing made a formal bid for the Rosavia contract only three days after Clinton made her “shameless pitch.” Just over a month later, Boeing donated $2 million toward the United States’ pavilion at the Shanghai World’s Fair. The ability to make a substantive American showing at the fair was in doubt, and Clinton’s efforts – including securing the Boeing donation – were “widely credited with orchestrating a turnaround.” It was apparently of no concern that this donation, as reported by the Post, violated State Department ethics guidelines.