[Hop A Long Cassidy]

>>>"Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers."

If they are so self-sustaining, then why does the government need to perform this service at all? Why aren't there zillions of competitors vying for this lucrative insurance business?

This is clearly a subsidy to corporations to move their jobs overseas. If a company decides to move their work offshore then they should at least be charged market rate for this work and it should be done by an American private enterprise company... NOT by the U.S. government.

This is a clearly a governmental subsidy. Insurance for overseas investments by OPIC can't stand the light of the day. We want FREE TRADE, not our tax dollars subidizing the export of U.S. jobs. If U.S. companies can't invest overseas without this subsidy, then they should stay at home.

Hoppy

[LibertyAndJusticeForAll]

You are correct, banks won't take the risks in insuring businesses in unstable 3rd world countries.. You might be interested in my response:
http://www.freerepublic.com/focus/f-news/963730/posts?page=50#50